XRP Bounces Past $2 Level Post-Sell-Off, Futures Market Records $4B in Volume

XRP Reclaims $2 in Sharp Rebound Amid Soaring Futures Volume and ETF Momentum

XRP has mounted a strong recovery from weekend lows, bouncing back above the $2 threshold as renewed institutional interest and ETF speculation fuel optimism across the market.

The token dropped to $1.91 before swiftly reversing course to hit a 24-hour high of $2.04 — a 6.5% swing that shaped a clear V-shaped recovery pattern. The rebound was supported by increased spot buying and an explosion in derivatives trading.

Derivatives Surge Signals Institutional Demand

XRP futures volume jumped to $3.96 billion, with Binance accounting for over 30% of activity, followed by Bybit and OKX. The volume spike points to heavy institutional engagement and growing confidence in XRP’s upside potential.

ETF-related developments are also adding momentum. In Canada, both 3iQ and Purpose Investments have listed XRP ETFs on the Toronto Stock Exchange. Meanwhile, in the U.S., the SEC is reviewing a proposed XRP ETF by Franklin Templeton, with a public comment period now underway — a potential sign of shifting regulatory sentiment.

Price Snapshot

• Low: $1.912
• High: $2.040
• Current Range: XRP is consolidating near $2.000, with resistance at $2.020 and support around $1.989.
• The rebound formed after a double-bottom near $1.91, with prices now trading in a tightening range between $2.00 and $2.02.

Technical Overview

• XRP posted a 6.5% intraday recovery
• The $2.00 mark remains a key psychological and technical level
• A double-top pattern is developing around $2.020, signaling potential resistance
• Futures volume surged to nearly $4B, highlighting strong market participation
• ETF headlines and risk-on flows are supporting short-term bullish momentum

With traders watching for follow-through above the $2.02–$2.04 zone, a breakout could pave the way toward the next major resistance at $2.14 — provided macro conditions remain stable and ETF sentiment continues to build.