XRP News Today: Institutional Buyers Absorb XRP Panic, Fueling $2.47 Rebound

XRP's price experienced a dramatic 41% intraday collapse on October 10, 2025, plummeting from $2.77 to $1.64 amid macroeconomic shocks triggered by U.S. President Donald Trump's announcement of a 100% tariff on Chinese imports. This flash crash led to over $150 million in XRP futures liquidations across major exchanges, with total leveraged positions wiping out $19 billion in the broader crypto market XRP Price Analysis: Ripple Reverses 40% Losses After Its Worst…^[1]. However, XRP rebounded sharply, closing above $2.47 as institutional buyers absorbed panic selling and rebuilt exposure in the $2.34–$2.45 range XRP Defies Gravity: A Deep Dive into Its Rapid Rebound After a…^[2].

The recovery was supported by a 35% surge in daily trading volume to $11.5 billion, signaling aggressive dip-buying activity. On-chain data revealed large holders acquiring XRP during the downturn, moving significant volumes off exchanges to accumulate supply . Derivatives markets also showed resilience, with open interest rising 7.6% to $4.1 billion and long positions rebounding as retail and institutional traders re-entered the market .

Technical analysis highlights key support levels at $1.64 (intraday low) and $2.40–$2.45 (accumulation floor), with resistance now focused on $3.05, a critical breakout threshold. Analysts note that a sustained close above $3.05 would signal a structural recovery, potentially propelling XRP toward $3.65–$4.00 XRP Price Analysis: Ripple Reverses 40% Losses After Its Worst…^[1]. Momentum indicators, including RSI and MACD, have turned bullish above $2.47, while the 200-day simple moving average (SMA) at $2.63 provides additional support .

The rebound has been attributed to "institutional recalibration" rather than retail-driven volatility, with ETF inflows and improved sentiment around Ripple's banking integrations cited as key factors XRP Defies Gravity: A Deep Dive into Its Rapid Rebound After a…^[2]. Regulatory clarity post-SEC lawsuits in 2023–2024 further de-risked XRP, attracting strategic accumulation during the dip XRP Defies Gravity: A Deep Dive into Its Rapid Rebound After a…^[2]. Regional traders in Asia were particularly active, aggressively buying XRP during the crash XRP Defies Gravity: A Deep Dive into Its Rapid Rebound After a…^[2].

Looking ahead, the market remains watchful for macroeconomic risks, including U.S.-China trade tensions and Federal Reserve policy shifts. However, the liquidation event is seen as a "healthy market reset," potentially stabilizing the ecosystem by eliminating excessive leverage XRP Defies Gravity: A Deep Dive into Its Rapid Rebound After a…^[2]. Analysts project a 100% chance of XRP spot ETF approvals by late October, which could unlock substantial institutional capital XRP Defies Gravity: A Deep Dive into Its Rapid Rebound After a…^[2]. Ripple's annual Swell 2025 conference in November is also anticipated to drive price momentum through upgrades and partnerships XRP Defies Gravity: A Deep Dive into Its Rapid Rebound After a…^[2].

Despite short-term volatility, XRP's swift recovery underscores its growing institutional adoption and regulatory maturity. If the $2.47 support holds through weekend trading, the asset could extend its rebound toward $2.80, with further upside dependent on sustained buying pressure and favorable macro conditions XRP rebounds 66% from price crash, regaining $75B in market value^[4].