The Historic Wick That Rocked the Charts
On October 10–11, XRP’s daily chart recorded one of its most dramatic swings in years. Data from multiple market trackers showed the coin plunging sharply from highs near $2.80 to lows around $1.51 before rebounding strongly — an intraday swing higher than 45%.
$XRP – second longest capitulation wick in history (possibly the largest if candle closes higher)..
Last time (2017) we had the longest capitulation "wick/crash"…. XRP made BIBLICAL history thereafter!
Awaiting on the close to see if current wick is longer than 2017 wick
… pic.twitter.com/4iVE8L0MAg
— JD
(@jaydee_757) October 10, 2025
Such moves, though rare, typically occur during intense market liquidations when leveraged positions are wiped out in quick succession.
Market analyst JD, a respected figure among XRP traders, drew attention to this development on X, describing it as “the second longest capitulation wick in history — possibly the largest if the candle closes higher.” His post quickly gained traction, with many traders revisiting historical charts to validate the scale of the move.
Why Traders Are Comparing It to 2017
The reference point to 2017 is no coincidence. That year marked the longest capitulation wick in XRP’s trading history — a brutal selloff that preceded one of crypto’s most legendary rallies. Following that crash, XRP embarked on a meteoric rise, soaring from fractions of a cent to over $3.80 within months, a gain that became the stuff of crypto folklore.
JD’s observation has, therefore, stirred excitement among long-term holders who see parallels between then and now. The logic is straightforward: when fear is at its highest and liquidity at its lowest, it often signals the end of selling pressure and the start of a new buying phase. This setup has historically favored strong recoveries.
What This Means for XRP’s Market Outlook
While it’s too early to declare a repeat of 2017, the technical signals are noteworthy. The deep wick implies that despite intense selling pressure, buyers stepped in aggressively to defend lower price levels — a sign of resilience and market absorption.
If XRP’s candle closes significantly higher than its intraday low, it could validate JD’s hypothesis that this is not just a panic event, but a structural reset.
However, analysts caution that macroeconomic conditions in 2025 differ sharply from those in 2017. XRP’s next big move will depend on regulatory clarity, institutional liquidity, and the changing digital payments landscape.
A Potential Turning Point
Whether this wick ultimately becomes the largest in XRP’s history or not, it has already reignited confidence in the asset’s long-term potential. The market now watches closely as XRP consolidates above critical support zones, with traders speculating that this could mark the beginning of another defining chapter in the coin’s legacy.
As JD aptly hinted, the last time XRP experienced a wick of this magnitude, it “made biblical history.” If the pattern holds, XRP’s latest chart may once again be writing a story for the ages.