XRP, the digital asset associated with the Ripple network, experienced a significant recovery following a drastic flash crash during which its value plummeted by 41%. After this sharp decline, it swiftly rebounded, successfully reclaiming the crucial support level of $2.47, signaling renewed confidence among investors and traders in the cryptocurrency market. This remarkable turnaround highlights the volatility often seen in the crypto space, as well as XRP's resilience in the face of abrupt price fluctuations.
source: https://www.coindesk.com/markets/2025/10/11/xrp-rebounds-sharply-after-41-flash-crash-reclaims-usd2-47-support