XRP prices broke through their 200-day moving average overnight, adding fuel to the volatile market dynamics currently affecting both crypto and traditional financial markets. As Monday is anticipated to be a turbulent day for investors, seasoned analyst Blockchain Backer offers a nuanced perspective on XRP’s price action, suggesting that the worst of the downturn might be over, even if short-term pain persists. His analysis highlights a potential turning point in the market as XRP pierced through its long-term support level. 2025’s crypto markets show signs of exhaustion and could be on the verge of a significant shift. Blockchain Backer suggests that this move might signify a ‘capitulation’ phase, where investor sentiment hits its lowest point before short positions are liquidated.