XRP Regained $2.47 Support After a 41% Crash

Rapid Recovery in XRP

XRP has recovered by closing above the $2.47 level after a 41% drop. Institutional buying has regained strength following panic liquidations.

In the previous session, XRP witnessed one of the widest ranges in its trading history for 2025. The decline was triggered by Donald Trump's announcement of a 100% tariff, which reduced the market's risk appetite. XRP dropped from $2.77 to $1.64, experiencing a 41% intraday collapse. However, it managed to rise again to $2.49.

Market Data

Key data are as follows:

• Over $150 million in futures liquidations occurred in XRP.
• Daily trading volume exceeded $817 million, reaching nearly three times the average of recent days. Volatility rose to 41%.
• Institutional accumulation was observed between $2.34 - $2.45.

Technical Outlook

The potential resistance point remains at the $3.05 level, while if the recovery momentum continues, a move towards $3.65 - $4.00 is anticipated. The support levels for XRP are set at $1.64 (capitulation low) and $2.40 - $2.45 (accumulation base).

Traders' Watch Points

It is crucial to see whether XRP will hold the $2.47 level as support, especially during the Asian session over the weekend. Additionally, it will be carefully monitored whether the institutional buying continues after the liquidations.