The post XRP Rebounds to $2.47, Cardano Stabilizes as MAGACOIN Presale Surges appeared on BitcoinEthereumNews.com.

Crypto News XRP rebounds 41% from lows as Cardano drops 21%, while MAGACOIN FINANCE presale surpasses $17M amid strong investor demand. XRP recovered after a sharp 41% decline to trade above $2.47 with institutional bids reentering after extensive liquidations. Cardano also experienced a 21% drop to $0.64 and then settled around oversold areas. As volatility ran across the major altcoins, investors turned their focus to other early-stage ventures such as MAGACOIN FINANCE, whose presale is still generating considerable flows and has caused traders to label the project as the best altcoin to buy with 9,000% ROI. XRP Price Rebounds After Chaotic Trading Session Following one of the most unstable periods in 2025, XRP price recovered the losses. Between October 10 and 11, the token was down to $1.64 but it regained its course to rise to 2.47 at the end of the session. The $1.14 trading range represented one of the broadest intraday movements of recent months, prompted by the macro-based deleverage and panic liquidation. According to CoinGlass data, more than 150 million XRP futures were liquidated in traders responding to the news of tariff threats in the United States. The volume was more than 817 million XRP, which is approximately three times the average of the last few days. There were increased institutional desks of between $2.34 to $2.45 and this was an indication of fresh purchasing desire. Analysts pegged the resistance at a critical level of $3.05 and possible upsurge to $3.65-$4.00 should the momentum persist. Source: Glassnode Glassnode on-chain observers noted good profit-taking by investors that had bought XRP at less than one dollar. The platform identified two big waves of realization, in December 2024 and July 2025, which decreased the short-term momentum. The data show XRP can go to the next wave of accumulation like in…

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Filed under: News - @ October 13, 2025 10:31 pm