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XRP Rebounds After Brutal Crypto Crash, Analysts Eye $3 Target
12 Oct
Summary
- XRP plunged 46% to $1.53 amid global market panic
- Massive $19B liquidation across digital assets
- Large XRP holders sold $1.25B worth of tokens
On October 13, 2025, Ripple's XRP token has staged a fragile recovery after one of the most brutal trading weeks in recent crypto history. Following a staggering 46% drop that sent prices tumbling to $1.53, the token is now rebounding above $2.40 as markets stabilize.
The XRP market faced extreme volatility last week, its sharpest since 2023. Within 72 hours, XRP fell from $2.84 to $1.53, erasing roughly $60 billion in market capitalization. The crash followed Donald Trump's declaration of a 100% tariff on Chinese imports, sparking global risk aversion and a massive $19 billion liquidation across digital assets.
Blockchain data revealed that large XRP holders, wallets containing between one million and ten million tokens, sold roughly 440 million XRP in the past month, worth about $1.25 billion. This massive offload coincided with the U.S. government shutdown, which delayed the SEC's review of multiple XRP-spot ETF applications.
Despite the chaos, analysts believe XRP could continue its recovery and target the $3.00 region in the medium term if it sustains support near $2.40 and clears resistance above $2.80. However, the ongoing policy uncertainty and Bitcoin's trajectory will heavily influence XRP's next move.
