XRP Price Rebounds from $1.2 Lows—Can Ripple Reach $3 in October?

Ripple’s XRP is back in the spotlight after a sharp rebound from recent lows near $1.2, igniting fresh optimism among traders. The token, which has struggled to regain momentum amid broader market volatility, is now showing signs of renewed strength as buyers return to key support zones. With the XRP price climbing steadily and on-chain data hinting at increasing whale activity, investors are wondering if a breakout to the $3 mark could finally materialise before October 2025 ends.

Why Did XRP Price Plunge to $1.2?

The broader crypto market recently faced a sharp correction, wiping out over $180 billion in total market capitalization within days. This downturn was triggered by a mix of factors—from renewed U.S. regulatory uncertainty to a sharp Bitcoin sell-off below key support levels near $58,000. The liquidation of over $600 million in leveraged positions across major exchanges further deepened the slide.

XRP wasn’t spared either. The token dropped to as low as $1.2, mirroring the broader market’s weakness. However, XRP’s quick rebound from this level has stood out, suggesting strong accumulation by whales and a possible shift in short-term sentiment. As market volatility cools and liquidity stabilises, traders are now eyeing whether XRP’s resilience could fuel a comeback towards its initial targets, positioning it as one of the more promising recovery plays in October.

XRP Price Analysis: Will it Reach $3 in 2025?

The weekly chart suggests there are some bullish possibilities after the price recovered above the ascension support it held since the start of 2025. The overall trend remains incremental, hinting towards the bullish continuation for the rest of the year. However, the XRP price has been constantly forming lower highs and lows, which raises huge concerns over the upcoming price action. 

The price has dropped below the $50-day MA, while the 200-day MA is offering strong support. Meanwhile, the weekly RSI suggests a bearish continuation while the volume remains below the average level. In the short term, the token is displaying bullish possibilities but in the long term, it holds a huge possibility of a continued descending trend. Hence, the XRP price appears to be primed to drop back below $2 in the next few days. 

Wrapping it Up!

From a technical standpoint, XRP is approaching a decisive point that could define its trajectory for the rest of October. A strong close above the $2.95 resistance would confirm a breakout, potentially propelling the token toward the $3.20–$3.50 zone, where the next cluster of sell orders is concentrated. If momentum and trading volume are sustained, a further extension to $3.80–$4.00 remains achievable in the short term.

However, failure to maintain support above $1.85 could expose XRP to another retest of $1.50, invalidating the bullish setup. The price structure currently favours buyers, but confirmation through a high-volume daily close above $3 is crucial. Traders are watching the next 48–72 hours closely, as volatility within this range may dictate whether XRP resumes its long-awaited bull run or consolidates further before its next leg higher.