XRP Rebounds and Could Return to $3, According to On-Chain Indicators
- Why Is XRP Gaining Momentum Again?
- Whales Are Buying: A Bullish Signal for XRP
- The SOPR Indicator Hints at a Bottom
- Key Resistance Levels and Short-Term Scenarios
- BTCC Team’s Take: Cautious Optimism
- FAQs
XRP has shown remarkable resilience after a recent market crash, surging 6.5% in a single day and marking its third consecutive day of gains. On-chain data reveals that "whales" have been accumulating XRP during the dip, while key metrics like the SOPR suggest a potential rebound to $3 or higher. However, technical resistance levels and market sentiment remain critical factors to watch. Here’s a DEEP dive into the data, trends, and what traders should consider next.
Why Is XRP Gaining Momentum Again?
XRP’s price jumped 6.5% on October 13, 2025, continuing a three-day rally that has reignited optimism among traders. This recovery comes after a brutal sell-off on October 10, when the cryptocurrency plummeted 55% in hours, hitting a yearly low of $1.25. The crash was triggered by former U.S. President Donald Trump’s announcement of new trade tariffs on China, which sent shockwaves through the crypto market. Despite the turmoil, XRP has since doubled in value, and on-chain indicators now suggest further upside potential.
Whales Are Buying: A Bullish Signal for XRP
Large investors, often referred to as "whales," have been aggressively accumulating XRP during the downturn. Data from Santiment shows that wallets holding over 1 billion XRP collectively purchased more than $1 billion worth of the asset amid the price drop. Futures markets echo this sentiment—on BTCC, the percentage of large traders holding long positions in XRP contracts has surged past 72%, indicating strong confidence in a sustained recovery.
The SOPR Indicator Hints at a Bottom
Another critical metric supporting a bullish case is the Spent Output Profit Ratio (SOPR), which dropped to 0.95 after the crash. This level suggests most holders sold at a loss—a classic sign of market exhaustion. The last time SOPR hit a similar low (0.92) was on April 7, 2025, which preceded a 35% price surge from $1.90 to $2.58 within a month. If history repeats, XRP could rally well above $3 this time.
Key Resistance Levels and Short-Term Scenarios
Despite the optimism, XRP faces significant technical hurdles. The 9-day and 21-day exponential moving averages (EMAs) are acting as resistance, and a sustained breakout above these levels is needed to confirm upward momentum. Additionally, a descending trendline from early August caps bullish attempts. A clean break above this trendline could open the door to $3.37, but failure to hold these levels might invite another correction.
BTCC Team’s Take: Cautious Optimism
From my perspective, XRP’s resilience is impressive. Whale accumulation and SOPR data suggest the worst may be over, but traders should wait for a confirmed breakout above EMAs and the trendline before committing to new positions. If these levels are breached, $3 seems achievable—but until then, patience is key. This article does not constitute investment advice.
FAQs
What caused XRP’s recent crash?
The October 10 crash was triggered by geopolitical tensions after Donald Trump announced new trade tariffs on China, sparking a broader crypto market sell-off.
How high could XRP go if the SOPR pattern repeats?
In April 2025, a similar SOPR low preceded a 35% rally. Applying that to current levels could push XRP above $3.
Which exchange shows the strongest bullish sentiment for XRP?
BTCC data reveals over 72% of large traders are holding long positions in XRP futures, signaling strong bullish conviction.
