XRP News Today: Institutional Buyers Drive XRP's $30B Surge Amid Trade-War Turmoil

XRP regained $30 billion in market value following a 50% decline triggered by President Trump's 100% China-tariff declaration, with prices rising from $2.37 to $2.58 amid explosive institutional volume. The rebound marked one of the year's largest trading sessions, driven by aggressive dip-buying as traders positioned for macroeconomic developments XRP Rebounds 8% as $30B Flows Back In After Trade-War Rout^[1]. Analysts noted the recovery could set the stage for a record weekly close above $3.12, the strongest level since XRP's inception XRP Rebounds 8% as $30B Flows Back In After Trade-War Rout^[1]. Broader markets remained risk-averse, with the Dow and Nasdaq down sharply, but crypto desks highlighted selective institutional inflows into XRP XRP Rebounds 8% as $30B Flows Back In After Trade-War Rout^[1].

Price action revealed a 8.5% surge between Oct. 12 05:00 and Oct. 13 04:00, trading within a $0.22 range ($2.37–$2.59). Breakout volumes spiked to 276.8 million tokens during 14:00–17:00, doubling the daily average of 118 million. Support at $2.37 was confirmed by high-volume reversals, while resistance formed near $2.59. A late-session push through $2.57 closed at $2.58 on 2.3 million turnover, validating continuation XRP Rebounds 8% as $30B Flows Back In After Trade-War Rout^[1].

Technical analysis indicated a clean ascending channel, with $2.37 as the base and $2.59 as the lid. Sustained closes above $2.59 could open $2.70–$2.75, while failure to defend $2.50 risks a retrace toward $2.42. Institutional buying underpinned each breakout leg, with analysts highlighting the $2.57 breakout as a near-term trend reversal signal XRP Rebounds 8% as $30B Flows Back In After Trade-War Rout^[1].

Traders are monitoring key levels: whether $2.57 holds as new support, a break above $2.59 to target $2.70–$2.75, and macroeconomic factors like trade-war developments and Fed rhetoric. ETF speculation and institutional flows are seen as critical to sustaining the post-crash recovery XRP Rebounds 8% as $30B Flows Back In After Trade-War Rout^[1].