The cryptocurrency market seems to be recovering from the recent market crash. While many assets are trading in the green zone today, the market is still far from fully recovered. Bitcoin (BTC) has hit $115,000, and the global crypto market cap has reclaimed the $4 trillion mark. Ripple’s XRP is also following the market trend. According to CoinGecko’s XRP data, the price has rallied 8.7% in the last 24 hours. Despite the strong rebound, the asset is still in the red zone in the other time frames. CoinGecko shows that XRP is down 13.9% in the weekly charts, 10.3% in the 14-day charts, and 17.7% over the previous month. In this price prediction article, let’s discuss how high XRP can go in October 2025.
Why Did The Cryptocurrency Market Crash?
XRP had a bullish beginning in 2025. The asset breached the $3 mark in January for the first time in seven years. XRP also hit a new all-time high of $3.65 in July. The bullish milestones can be attributed to the settlement of the SEC vs. Ripple lawsuit. Investor confidence went up, and the asset saw a massive spike in inflows.
The recent market correction was likely due to the ongoing trade spat between the US and China. President Trump has announced 100% tariffs on China from November. The move was a response to China’s limiting its rare earth exports, which are necessary for the tech industry. XRP and the other risky assets took a big hit after the development.
Is XRP’s Price Prediction Bullish For This Month?
There is a high chance that XRP and the larger crypto market will recover over the coming weeks. The Federal Reserve is expected to reduce interest rates once again after its next meeting. Another rate cut could trigger a market-wide rally.
CoinCodex analysts anticipate XRP to rally over the next few weeks, but not by much. The platform predicts XRP will trade at $2.87 on Nov. 1. Hitting $2.87 from current price levels will entail a rally of about 12.11%.
Also Read: SEC To Decide On 6 XRP ETFs From Oct. 18-24: What to Expect?
Moreover, the SEC will announce its decision on several XRP ETFs later this month. A positive decision could lead to XRP climbing to new heights.
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