XRP rebounded from a dramatic 41% intraday drop, closing above $2.47 as institutional investors stepped in to absorb panic selling. The sell-off was triggered by Trump's announcement of a 100% tariff, leading to over $150 million in XRP futures liquidations. Intraday trading volume surged to 817 million, nearly tripling the recent average. Analysts observed significant institutional accumulation in the $2.34–$2.45 range, as large holders sought to rebuild their positions. Despite the recovery, XRP faces key resistance at $3.05, with potential to reach $3.65–$4.00 if the upward momentum continues.