XRP Sees $991 Million Trading Volume Surge as Buyers Step In After Prolonged Sell-Off

After weeks of sustained selling pressure, XRP has staged a notable short-term recovery, drawing renewed attention from traders and investors across major cryptocurrency exchanges. Recent market data shows that nearly $991 million in bounce-related trading volume flowed through leading platforms such as Binance, signaling a temporary return of risk appetite in the XRP market.

Prior to this rebound, XRP had been locked in a clear downward channel. Sellers consistently dominated price action, repeatedly pushing the asset lower whenever it attempted to reclaim key moving averages. Each rally over the past several weeks was quickly sold into, gradually driving XRP toward oversold conditions and weakening confidence among both institutional and retail participants.

The latest price action, however, suggests a shift in short-term dynamics. Buyers have begun aggressively accumulating XRP near established support levels, triggering a sharp reaction move to the upside. The accompanying surge in trading volume is particularly important, as recoveries without strong volume often fail to gain traction. The near-billion-dollar spike indicates that significant capital entered the market to absorb selling pressure rather than relying on short-covering alone.

As a result of this move, XRP has managed to reclaim several short-term levels that previously acted as breakdown points. This recovery has given traders an opportunity to reassess positioning and short-term strategies. Momentum indicators are also beginning to reflect easing downside pressure. The relative strength index, which had been deeply oversold, is now turning upward, a common signal that selling momentum is weakening and that a corrective bounce may continue.

Additional support for the move comes from futures and spot market data, which point to renewed buying interest rather than a purely technical rebound. Still, caution remains warranted. Weekend trading often comes with thinner liquidity, which can exaggerate price swings. When full market participation resumes at the start of the week, XRP will face a critical test. A renewed wave of selling pressure could quickly erase recent gains and push the price back toward recent lows if buyers fail to maintain momentum.