- XRP could log its strongest weekly close ever if it ends above $3.115.
- The token rebounded 148% from its $1.25 low after a tariff-induced crash.
- Q3 2025 marked XRP’s highest quarterly close, boosting bullish confidence.
Veteran market analyst Patrick L. Riley believes XRP might be on the verge of making history. According to his latest update on X, if the token manages to hold its current pace until the week’s end, it could print its most bullish weekly candle ever recorded.
Riley explained that a weekly close at $3.115 would set a new record for XRP — a milestone that would mark the strongest weekly candle since the token first hit exchanges. The call comes as the crypto market tries to find its footing again after a brutal round of volatility that sent traders scrambling.
Market Chaos After Tariff Announcement
The timing couldn’t be more dramatic. Riley’s comments followed one of the wildest trading sessions in months — a market-wide crash sparked by U.S. President Donald Trump’s announcement of a 100% tariff on Chinese imports. The news reignited fears of a fresh trade war, and both traditional and crypto markets felt the sting immediately.
Within hours, global crypto market capitalization dropped to roughly $3.7 trillion, while U.S. equities shed an estimated $1.65 trillion in value. According to CoinGlass, over $19 billion in leveraged crypto positions were liquidated in a single day — one of the largest wipeouts in the industry’s history.
XRP Tanks 56% Before Snapping Back Hard
XRP, caught in the chaos, took one of the hardest hits. On October 10, the token crashed from $2.84 to $1.25 in just under 24 hours — a jaw-dropping 56% drop on Binance. But the story didn’t end there.
Just as quickly, XRP clawed its way back up, rebounding to around $2.47 at press time. The speed of that recovery turned heads. Some traders even called it a “shock absorber moment,” saying the coin’s rapid rebound revealed a surprising level of strength under pressure.
Can XRP Close the Week Above $3.11?
Riley’s analysis suggests that if XRP ends the week at $3.115, it would confirm the strongest weekly close in the asset’s lifetime. That would represent a 148% rally from this week’s low of $1.25 — a comeback not seen since the early bull runs of 2017.
For perspective, XRP’s biggest weekly surge ever happened in December 2017, when it shot up 215% from $0.23 to $0.71. While this current setup might not beat that move percentage-wise, the recovery from such a steep drop could make this week stand out as one of the most dramatic in XRP’s history.
At the start of the week, XRP was trading near $2.97. A close above $3.11 would technically only mean a 4.8% weekly gain, but traders see it differently. To them, the rebound from the lows is what matters — proof that buyers are stepping back in, even when sentiment looks shaky.
XRP’s Strong Quarter Adds to Bullish Sentiment
Adding to the optimism, XRP also locked in a record-breaking quarterly close at the end of Q3 2025, finishing at $2.846 — up 27% from its Q2 finish at $2.23. That’s the highest quarterly close the token has ever logged.
September 2025 also came in as the third-highest monthly close in XRP’s history, behind January ($3.03) and July ($3.02) of this year. With Q4 now underway, analysts are quietly hinting that this could be XRP’s strongest quarter yet.
Historically, Q4 has been a hot streak for the token — averaging around 140% in gains, with previous surges of 240% in 2024 and a jaw-dropping 1,064% in 2017.
So while the overall crypto market remains messy and unpredictable, XRP’s rebound stands out. Riley’s projection might sound ambitious, but if the coin keeps this momentum through the weekend, that record-breaking candle at $3.115 could actually happen.
