The XRP price is staging a powerful comeback, bouncing off a crucial support zone and reigniting bullish sentiment among traders who now see a potential long-term breakout toward the $15–$27 range.

This renewed optimism follows an intense week of volatility driven by geopolitical tensions and heavy liquidations. Analysts say XRP’s ability to defend its Gann support amid market turbulence could mark a critical turning point for the cryptocurrency’s next major rally.

XRP Price Recovers After Tariff Shock

On October 13, 2025, the XRP price today sits around $2.58 after climbing from lows of $2.32 on October 11. This recovery follows a sharp 42% flash crash triggered by escalating U.S.–China trade tensions after President Trump announced steep new tariffs. The rebound restored roughly $30 billion in market capitalization, marking one of the year’s heaviest trading sessions.

XRP was trading at around $2.58, up 7.96% in the last 24 hours at press time. Source: XRP price via Brave New Coin

Data from CoinDesk showed XRP jumping from $2.37 to $2.63 within 24 hours, supported by institutional trading volume exceeding $617 million. Most of the buying pressure occurred between 14:00 and 17:00 GMT, signaling aggressive dip-buying as the broader crypto market stabilized.

Key Gann Support Holds Firm

Technical charts highlight that XRP’s recent bounce coincides with the 3-month upper Gann support zone, which has acted as a major pivot during periods of heightened volatility. According to analysis shared by ChartNerdTA, the support level around $2 has historically played a critical role in sustaining bullish momentum.

XRP holds the $2 support level, setting sights on a potential breakout toward $15 and $27. Source: @ChartNerdTA via X

This rebound also aligns with a long-term bullish structure dating back to 2014. The analyst’s logarithmic chart projects potential Fibonacci extension targets of $15 at the 1.618 level and $27 at the 2.618 level, assuming XRP maintains its current support base.

“The structure mirrors previous multi-year expansions. If the $2 zone holds, the next major leg could be explosive,” the analyst explained.

Whale Movements Fuel Momentum

On-chain data reveals notable whale activity during the rebound. A $2.89 million long position was reportedly closed at $2.6187, possibly indicating profit-taking after the surge from $2.37. Historically, whale movements in Ripple XRP have preceded short-term volatility and increased speculative trading.

A major XRP whale closed a $2.89M long at $2.6187, raising questions over whether it’s an exit or strategic repositioning. Source: @RippleTrack via X

Institutional inflows of $30 billion in October, observed over 8 of the last 13 years, further support the case for sustained momentum. Data from Yahoo Finance also suggests October tends to be a seasonally strong month for the token.

Technical Outlook and Price Targets

From a technical perspective, XRP is currently trading within an ascending channel, with a $2.37 base and $2.58 lid. A clean breakout and sustained close above $2.60 could open the door for a push toward $2.70–$2.75. If buying pressure continues, analysts see $3.00 as the next major psychological resistance level.

XRP may enter a continuation phase within its year-long bullish channel, progressing through consolidation, breakout, retest, and upward continuation stages. Source: LivingBitcoins on TradingView

Failure to hold $2.50, however, could trigger a retracement toward $2.42. Traders are closely monitoring the $2.57 level as a potential pivot, which, if maintained, may signal the continuation of the current bullish trend.

Market strategists also point to upcoming macroeconomic announcements and ongoing XRP SEC lawsuit developments as potential catalysts. ETF speculation, institutional flows, and a broader shift in crypto sentiment could all shape the next major move in XRP price.

Long-Term XRP Price Prediction

Beyond near-term volatility, some analysts see this rebound as part of a larger XRP price prediction 2025 narrative. The Fibonacci extensions of $15 and $27, drawn from historical cycles, suggest the possibility of a multi-year bull run if the rally gains further momentum.

While optimistic projections capture market attention, analysts caution that cryptocurrency XRP remains highly sensitive to regulatory decisions, global economic conditions, and risk sentiment. If macro factors align with technical strength, XRP could enter a new price discovery phase.