XRP Skyrockets 66% From 10-Month Low – How $75B Market Cap Recovery Signals Bullish Reversal
- From Market Crash to Remarkable Recovery
- Whale Movements Tell Two Stories
- The SOPR Signal That's Got Everyone Talking
- Long-Term Holders Cash In - Should You Worry?
- Key Levels to Watch This Week
- FAQ: Your XRP Recovery Questions Answered
In a stunning market turnaround, XRP has surged 66% from its October 2025 lows, reclaiming $75 billion in market value and sparking renewed bullish sentiment. The recovery comes after President Trump's China tariffs triggered a crypto market bloodbath that briefly pushed XRP below $1.60. Now trading around $2.60 with $10.25 billion in daily volume, the token shows technical strength by reclaiming its 200-day SMA while on-chain data reveals whales are returning. Our analysis digs into the key metrics driving this rally and what levels traders should watch next.
From Market Crash to Remarkable Recovery
XRP's rollercoaster week began when Trump's October 10 tariff announcement sent shockwaves through crypto markets, wiping $20 billion industry-wide. The token plunged to $1.58 on Bitstamp - its lowest since December 2024. But what followed shocked even seasoned traders. By October 14, XRP had staged a 66% rebound to $2.60, adding $75 billion back to its market cap (now $154.75B according to CoinGecko). I've seen many crypto rebounds, but this velocity reminds me of Bitcoin's 2020 recovery after the COVID crash.
Whale Movements Tell Two Stories
Santiment data reveals whales sold $40-$50M daily last month ($1.5B total) - no wonder we saw that capitulation dip. But here's the twist: Monday saw 17% volume growth to $10.25B as whales apparently started buying back in. Derivatives markets tell the same story - open interest hit $1.5B (up 3%) though futures lagged. This smells like smart money repositioning during the panic.
The SOPR Signal That's Got Everyone Talking
Glassnode's Spent Output Profit Ratio (SOPR) dropped to 0.95 last week - meaning most holders sold at a loss. Historically, this signals bottoms. The last time SOPR hit these levels (April 2025), XRP rallied 35% in a month. Current charts suggest $2.38 could FORM a base, with $3.10-$3.35 as the next target if history repeats. "We're seeing textbook capitulation before reversal," noted a BTCC analyst.
Long-Term Holders Cash In - Should You Worry?
Between October 2-12, long-term wallets reduced holdings by 27% (163.68M to 119.16M XRP). Normally this WOULD concern me, but Coinglass shows XRP contract volume jumped 44% to $12.2B - suggesting new buyers absorbed the selling pressure. The RSI at 38.65 hints we're nearing oversold conditions, which often precede rallies.
Key Levels to Watch This Week
Technical traders are eyeing:
- $2.70-$2.80: Former support now turned resistance (3.8B XRP bought here)
- $2.88-$2.95: Where the 50-day and 100-day SMAs converge
- $2.50: The pivot point determining short-term direction
FAQ: Your XRP Recovery Questions Answered
How much has XRP recovered from its lows?
XRP has rebounded 66% from its October 10 low of $1.58 to trade around $2.60 as of October 14, 2025.
What caused XRP's initial price drop?
The plunge resulted from market-wide selloffs triggered by President Trump's October 10 announcement of new tariffs on China, which erased $20 billion from crypto markets.
Are whales still selling XRP?
While whales sold $1.5B worth last month, recent 17% volume growth to $10.25B suggests accumulation may have resumed.
What does the SOPR indicator suggest?
The 0.95 SOPR reading indicates most sellers took losses - historically a bullish reversal signal, similar to conditions before April 2025's 35% rally.
Where might XRP price go next?
Analysts watch $2.70-$2.80 resistance, with $3.10-$3.35 as potential upside targets if bullish momentum continues.
