Ripple’s XRP has staged a fragile recovery after one of the most brutal trading weeks in recent crypto history. Following a staggering 46% drop that sent prices tumbling to $1.53, the token is now rebounding above $2.40 as markets stabilize after widespread panic triggered by tariffs, ETF delays, and record liquidations.
Ripple’s XRP market faced a week of extreme volatility, its sharpest since 2023. Within 72 hours, XRP fell from $2.84 to $1.53, erasing roughly $60 billion in market capitalization. The crash followed Donald Trump’s declaration of a 100% tariff on Chinese imports, sparking global risk aversion and a massive $19 billion liquidation across digital assets, as per a report by Trading News.
At the start of the week, traders had anticipated a bullish breakout above the $3 mark. But the optimism evaporated as panic selling hit both traditional and crypto markets. XRP’s plunge, which traders described as an “XRP Black Swan,” saw a single-day liquidation of $707 million, the largest on record for the token. Despite the chaos, institutional buyers began reentering at lower levels, helping XRP regain footing near the $2.30–$2.44 range, as per a report by Trading News.
Blockchain data revealed that large XRP holders, wallets containing between one million and ten million tokens, sold roughly 440 million XRP in the past month, worth about $1.25 billion. This massive offload coincided with the U.S. government shutdown, which delayed the SEC’s review of multiple XRP-spot ETF applications from firms like BlackRock.
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Daily whale outflows peaked at $50 million, slashing cumulative large-holder balances to $6.51 billion. The combination of panic selling, policy uncertainty, and vanishing liquidity drove XRP to its lowest point in over a year before buyers cautiously stepped back in as per a report by Trading News.
Technically, XRP broke below its key symmetrical triangle pattern, which had supported price action since July. The breach triggered a wave of stop-loss orders under $2.63, sending the token cascading toward $1.50, levels unseen since before the summer rally. On the daily chart, XRP also slipped below its 100-day simple moving average at $2.63, while its RSI dropped to 26.9, the most oversold reading since March 2023.
However, the sharp bounce from the $1.50 region prevented a full structural breakdown. The green ascending trendline connecting higher lows since early 2025 remains intact. If XRP sustains support near $2.40 and clears resistance above $2.80, analysts expect a continuation pattern targeting the $3.00 region in the medium term, as per a report by Trading News.
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The ongoing U.S. government shutdown has further dampened sentiment by halting SEC reviews of pending XRP ETF applications. Traders had anticipated that approvals for funds such as BlackRock’s iShares XRP Trust could inject new institutional inflows. The delay has instead extended uncertainty, weakening market confidence at a critical moment for crypto assets.
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Market watchers believe XRP’s near-term trend will remain closely tied to Bitcoin’s trajectory. As long as Bitcoin trades below $112,000, altcoins like XRP may struggle to build momentum. A breakout above $115,000–$118,000 for BTC could pave the way for XRP’s next rally toward $3.30, especially if ETF clarity returns, as per a report by Trading News.
Why did XRP crash so sharply?
XRP’s price collapsed after Trump’s tariff announcement, SEC ETF delays, and heavy whale selloffs triggered a market-wide $19 billion liquidation.
What is XRP’s current price outlook?
XRP is stabilizing around $2.35–$2.44, with analysts eyeing a rebound toward $3.00 if momentum holds above $2.80.
What triggered XRP’s market meltdown?
Ripple’s XRP market faced a week of extreme volatility, its sharpest since 2023. Within 72 hours, XRP fell from $2.84 to $1.53, erasing roughly $60 billion in market capitalization. The crash followed Donald Trump’s declaration of a 100% tariff on Chinese imports, sparking global risk aversion and a massive $19 billion liquidation across digital assets, as per a report by Trading News.
At the start of the week, traders had anticipated a bullish breakout above the $3 mark. But the optimism evaporated as panic selling hit both traditional and crypto markets. XRP’s plunge, which traders described as an “XRP Black Swan,” saw a single-day liquidation of $707 million, the largest on record for the token. Despite the chaos, institutional buyers began reentering at lower levels, helping XRP regain footing near the $2.30–$2.44 range, as per a report by Trading News.
How did Whale Selling deepen the decline?
Blockchain data revealed that large XRP holders, wallets containing between one million and ten million tokens, sold roughly 440 million XRP in the past month, worth about $1.25 billion. This massive offload coincided with the U.S. government shutdown, which delayed the SEC’s review of multiple XRP-spot ETF applications from firms like BlackRock.
ALSO READ: Chicago marathon 2025: What time does it start, route, map, and all details
Daily whale outflows peaked at $50 million, slashing cumulative large-holder balances to $6.51 billion. The combination of panic selling, policy uncertainty, and vanishing liquidity drove XRP to its lowest point in over a year before buyers cautiously stepped back in as per a report by Trading News.
What are the technical signals for XRP/USD?
Technically, XRP broke below its key symmetrical triangle pattern, which had supported price action since July. The breach triggered a wave of stop-loss orders under $2.63, sending the token cascading toward $1.50, levels unseen since before the summer rally. On the daily chart, XRP also slipped below its 100-day simple moving average at $2.63, while its RSI dropped to 26.9, the most oversold reading since March 2023.
However, the sharp bounce from the $1.50 region prevented a full structural breakdown. The green ascending trendline connecting higher lows since early 2025 remains intact. If XRP sustains support near $2.40 and clears resistance above $2.80, analysts expect a continuation pattern targeting the $3.00 region in the medium term, as per a report by Trading News.
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Will ETF delays keep pressure on XRP?
The ongoing U.S. government shutdown has further dampened sentiment by halting SEC reviews of pending XRP ETF applications. Traders had anticipated that approvals for funds such as BlackRock’s iShares XRP Trust could inject new institutional inflows. The delay has instead extended uncertainty, weakening market confidence at a critical moment for crypto assets.
ALSO READ: South Carolina shooting leaves 4 dead - who's the suspect, has the person been caught and what was the motive?
Market watchers believe XRP’s near-term trend will remain closely tied to Bitcoin’s trajectory. As long as Bitcoin trades below $112,000, altcoins like XRP may struggle to build momentum. A breakout above $115,000–$118,000 for BTC could pave the way for XRP’s next rally toward $3.30, especially if ETF clarity returns, as per a report by Trading News.
FAQs
Why did XRP crash so sharply?
XRP’s price collapsed after Trump’s tariff announcement, SEC ETF delays, and heavy whale selloffs triggered a market-wide $19 billion liquidation.
What is XRP’s current price outlook?
XRP is stabilizing around $2.35–$2.44, with analysts eyeing a rebound toward $3.00 if momentum holds above $2.80.