After a weekend of intense volatility, the cryptocurrency market showed strong signs of recovery on Monday morning. XRP rose nearly 8%, reclaiming around $30 billion in market value as investor confidence began to return following tariff-driven market shocks. Meanwhile, Dogecoin surged 11% to $0.209, fueled by a wave of institutional inflows and a sharp rise in trading volume.
XRP’s rebound from last week’s sell-off saw prices climb from $2.37 to $2.58, marking one of its busiest trading sessions recently. Large institutional buying helped stabilize the token above the $2.57–$2.59 range, with analysts suggesting that a close above $3.12 could signal a strong weekly performance. However, if prices fall below $2.50, there remains a risk of retreating toward $2.42. Despite cross-asset selling pressures triggered by tariff announcements, XRP’s price structure continues to follow an upward channel. Over $19 billion in weekend liquidations helped reset leveraged positions, reshaping overall market risk appetite. Institutional desks have selectively re-entered XRP, with traders watching closely to see if $2.57 can hold as support and whether the $2.70–$2.75 target range becomes reachable soon.
Dogecoin also gained momentum, rising 11% in 24 hours to approach the $0.22 mark. Buying volume quadrupled compared to the daily average, strengthening the bullish push. Institutional activity helped maintain price stability near $0.19, while confirmation above $0.22 is awaited to sustain further gains. Technical indicators show a continuation of the uptrend, with short-term targets set between $0.24 and $0.25. A drop below $0.20, however, could trigger a short-term correction.
The renewed rally in the leading memecoin reflects growing participation from professional funds, signaling a potential structural shift in the memecoin market favoring DOGE. Increasing open interest and blockchain accumulation trends suggest that institutional engagement is expanding. Market observers are now focused on daily closes above $0.22 to confirm institutional continuity throughout the week, as the broader crypto market gradually regains momentum.