XRP Price Rebounds 40% from Historic Crash, Regaining Crucial Support Level

XRP Price Analysis: Ripple Reverses 40% Losses After Its Worst Crash In a dramatic turn of events, the price of XRP rebounded sharply after plummeting by 41% in one session, reclaiming its crucial support level of $2.47. According to data from CoinDesk, over 150 million dollars' worth of XRP futures were liquidated due to the sudden collapse. The crash was triggered by a combination of macro-led deleveraging and heavy futures liquidations across major venues, resulting in one of the widest trading ranges in XRP's 2025 history. The price plummeted from $2.77 to $1.64, leaving investors stunned and scrambling for answers. "It was like a perfect storm," said Shaurya Malwa, an analyst at CD Analytics. "The market was already under pressure due to the Trump administration's announcement of a 100% tariff on imports, which led to a wave of panic selling in the futures markets." Malwa added that institutional bids rebuilt rapidly after the crash, helping XRP recover some of its losses. "This rebound is a testament to the resilience of the market and the ability of investors to adapt quickly to changing circumstances," he said. The background context for this sudden price movement lies in the ongoing trade tensions between the US and other major economies. The Trump administration's tariff announcement sent shockwaves through global markets, leading to a sharp decline in XRP prices. However, some analysts believe that the crash may have been an opportunity for investors to buy into XRP at discounted prices. "This correction was long overdue," said a cryptocurrency trader who wished to remain anonymous. "XRP has been overbought for weeks, and this crash provided a much-needed reality check." As of now, XRP is trading above $2.47, but the market remains volatile. Analysts warn that further price movements are likely in the coming days. "The next few sessions will be crucial in determining the direction of XRP's price," said Malwa. "If institutional investors continue to buy into XRP, we may see a sustained recovery. However, if the market sentiment turns bearish again, we could see another sharp decline." In conclusion, the XRP price crash and subsequent rebound serve as a reminder of the volatility inherent in cryptocurrency markets. As investors, it is essential to stay informed and adapt quickly to changing circumstances. Additional Perspectives: The crash has sparked debate among analysts about the role of institutional investors in stabilizing cryptocurrency prices. Some experts argue that XRP's price movement was influenced by its use case as a bridge currency for cross-border payments. Others believe that the crash may have been exacerbated by the lack of liquidity in the futures markets. Current Status and Next Developments: As of now, XRP is trading above $2.47, but the market remains volatile. Analysts warn that further price movements are likely in the coming days. The next few sessions will be crucial in determining the direction of XRP's price. *Reporting by Coindesk.*