$XRP and
$DOGE Lead Market Recovery With Double-Digit Gains
Following a weekend marked by high volatility, the cryptocurrency market demonstrated significant recovery momentum on Monday morning.
$XRP experienced an approximately 8% increase, regaining around $30 billion in market value as investor confidence started to mend after a tariff shock.
Meanwhile,
$DOGE surged by 11%, driven by an uptick in institutional entries and increased buyer volume. The gains came after liquidations exceeding $19 billion over the weekend cleared leverage, selectively reshaping risk appetite across the market.
$XRP rebounded from last week's steep sell-off, rising from $2.37 to $2.58 and marking one of its most actively traded days. The influx of high-volume purchases from institutional investors reinforced the buying trend, fostering stability above the $2.57 to $2.59 range.
Analysts indicate that closures above $3.12 could confirm a robust weekly performance historically. Conversely, dips below $2.50 keep the risk of a retreat toward $2.42 alive. Despite cross-asset sales driven by tariffs,
$XRP's price action maintains an ascending channel structure.
