XRP Stages Powerful Comeback After Massive Crash — Is a Bullish Reversal Underway?

XRP has shocked the crypto market with one of its most dramatic comebacks in recent months, defying expectations of a prolonged decline. After plunging nearly 60% in a single day last week, the token has rebounded sharply, regaining key technical levels and reigniting optimism among traders. From a flash low below $2.00, XRP has surged to around $2.55, signaling renewed strength and confidence in the asset’s long-term potential.

Analysts suggest that what initially appeared to be a market capitulation may have been a liquidity flush—an aggressive shakeout that cleared excessive leverage and paved the way for a recovery. The 200-day EMA has emerged as a critical battleground for XRP’s next move. If the token can hold above this level, a retest of the $2.90–$3.00 resistance zone could confirm a medium-term bullish reversal. This range also marks the upper trendline of XRP’s long-standing descending wedge pattern, often a precursor to powerful breakouts.

XRP’s recent volume surge supports the possibility of growing momentum, yet the RSI warns of continued volatility as it recovers from oversold conditions. Sustained daily closes above $2.00 and consistent trading volume are essential to confirm that this rebound is not merely a short-covering rally.

Market sentiment has shifted dramatically—from despair to cautious optimism—as traders begin to question whether this could be the biggest XRP recovery in history. If bullish momentum persists and key resistance levels fall, XRP’s resurgence may mark a defining moment in its 13-year journey, solidifying its position as one of the most resilient assets in the cryptocurrency market.