Analyst Says XRP Could Record Strongest Weekly Candle If…

Veteran market analyst Patrick ￰0￱ has stated that XRP could soon achieve its most bullish weekly candle on record if the token maintains its current momentum through the end of the ￰1￱ an update shared on X, Riley explained that a weekly close at $3.115 would set a new record for XRP, marking the strongest weekly candle since its ￰2￱ projection comes as the broader crypto market attempts to stabilize following a period of sharp volatility and widespread ￰3￱ Turbulence Follows Tariff Announcement The analyst’s remarks came after a turbulent trading session that saw several major cryptocurrencies plunge in value before making rapid ￰4￱ sharp downturn was triggered by ￰5￱ Donald Trump’s announcement of a 100% tariff on Chinese imports, a move that reignited fears of a trade conflict between the two largest global ￰6￱ we close over $3.1150 by Sunday, it'll be the most bullish $XRP weekly candle in history. — Patrick L Riley (@Acquired_Savant) October 10, 2025 The announcement led to significant sell-offs across traditional and digital financial ￰7￱ hours, the total global cryptocurrency market capitalization dropped to about $3.7 trillion, while the ￰8￱ market reportedly lost $1.65 trillion in ￰9￱ from CoinGlass showed that $19 billion in leveraged positions were liquidated during the crash, marking one of the largest single-day liquidation events in crypto ￰10￱ Suffers 56% Intraday Drop Before Recovery Amid the turmoil, XRP recorded one of its steepest intraday declines in recent ￰11￱ October 10, the token fell from a daily high of $2.84 to a low of $1.25 on Binance, representing a 56% drop within 24 hours.

However, the asset quickly regained a large portion of its losses, rebounding to around $2.47 by press ￰12￱ the sharp volatility, XRP’s ability to recover nearly 100% from its daily low has been interpreted by some market observers as a sign of underlying ￰13￱ the Possibility of a Historic Weekly Close According to Riley’s analysis, if XRP closes this week at $3.115, it would mark the most bullish weekly candle in its trading ￰14￱ potential milestone is based on the strong recovery from this week’s low, which represents a 148% rebound from $1.25 to $3.11. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 For comparison, XRP’s largest weekly gain occurred in December 2017, when the token surged 215%, rising from $0.23 to $0.71.

While the current setup may not exceed that performance in terms of total percentage growth, the analyst emphasized that the recovery from extreme lows makes this week particularly ￰15￱ began the current week trading at $2.97, meaning a close at $3.11 would represent a more modest 4.86% weekly increase. Nonetheless, the rapid rebound from its intraweek low has strengthened optimism among traders that XRP could be preparing for a more sustained ￰16￱ Sets New Quarterly Record Beyond its weekly performance, XRP also achieved a historic quarterly close at the end of Q3 2025, finishing the period at $2.846, a 27.16% increase from its Q2 close of $2.23.

This figure marks the highest quarterly close ever recorded for ￰17￱ addition, September 2025 now ranks as the third-highest monthly close in the asset’s history, behind January 2025 ($3.03) and July 2025 ($3.02). With Q4 2025 now underway , analysts remain optimistic about XRP’s performance prospects. Historically, the token has recorded its strongest gains during the fourth quarter, with average growth of around 140%. Past examples include a 240% surge in Q4 2024 and a 1,064% increase in Q4 2017, both of which contributed to major bullish cycles in XRP’s ￰18￱ the broader crypto market remains volatile, XRP’s resilience amid recent turmoil has strengthened investor ￰19￱ L.

Riley’s analysis underscores the potential for a historic weekly candle if the asset maintains its momentum through the ￰20￱ : This content is meant to inform and should not be considered financial ￰21￱ views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s ￰22￱ are urged to do in-depth research before making any investment ￰23￱ action taken by the reader is strictly at their own ￰24￱ Tabloid is not responsible for any financial ￰25￱ us on Twitter , Facebook , Telegram , and Google News