As uncertainty in the broader market looms over the crypto space, some market pundits remain remarkably upbeat—especially when it comes to XRP. A anonymous cryptocurrency analyst referred to as “Papa” sees XRP reaching a price of up to $14 despite the latest challenges besetting the digital money. The bold prediction comes amid XRP fighting to hold steady at the level of around $2 after experiencing four straight days of losses. Related Reading: Pi Network Frenzy Builds: $5 Prediction As Whales Take Out Millions Market Sends Uncertain Signals On XRP Future XRP last reached a two-week high of $2.24 on April 13 before pressure from selling took it down to $2.04 by Friday, April 18. This 4% decline was the first instance since late March when XRP had recorded four consecutive days of falling prices. As per current technical markers, sentiment remains neutral while the Fear & Greed Index hovers at 39, solidly in “Fear” territory. $XRP SCREAMING HIGHER ???? pic.twitter.com/DnRGTDs5x6 — PAPA♛ (@MamaGucci) April 19, 2025 In spite of these warning signs, Papa is convinced XRP is “screaming higher” according to chart patterns that reflect the cryptocurrency’s historic bull run of 2017-2018. History May Repeat With New Chart Patterns Reflecting on XRP’s most explosive growth phase, the analyst identifies a symmetrical triangle pattern that developed on a 44-day chart in the 2017-2018 bull market. Following an initial 7,800% rise from $0.0055 in March 2017 to $0.3988 in May of that year, XRP consolidated before breaking out to hit its then-all-time high of $3.31 in January 2018—a breathtaking 1,760% rise from its low of $0.177. Based on these figures, Papa observes similar trends emerging in the current market. In the present cycle, XRP rose 570% from November 2024 at $0.50 to an all-time high of $3.39 in January 2025. Since then, it has fallen 38% and spent three months consolidating. Related Reading: Shiba Inu Sees $120 Million Weekly Surge—Whales Tighten Their Grip Technical Indicators Hint At Double-Digit Prices The analyst’s price targets are derived from Fibonacci extension levels—technical indicators that traders use to forecast price action. During its 2017-2018 run, XRP hit multiple Fibonacci targets at the 1.272, 1.618, 2.618, and 4.618 levels. This type of projection isn’t wishful thinking—it’s driven by historical trends and a technical configuration that has taken shape in market cycles. Fibonacci extensions are considered a guide map by many experienced traders, particularly when an asset moves out of years-long zones of consolidation. In the case of XRP, the intersection of structural resistance, sentiment, and historical Fibonacci behavior provides a strong ground for a breakout, that if conditions are right. From current levels, the analyst sees a potential 575% climb for the altcoin, with the $14 target aligning with the 4.618 Fibonacci extension. He believes hitting that mark depends on XRP breaking above the upper trendline of its current parallel channel at $3, which would set the stage for a similar extension in this cycle. Whether Papa’s pattern-based forecast is accurate or not will hinge on XRP’s capacity to overcome the all-important $3 resistance ceiling within the next few weeks. Featured image from CoinFlip, chart from TradingView
Digital asset investment products recorded a modest $6 million in inflows last week, according to CoinShares’ latest report. This follows several weeks of notable outflows, reflecting a cautious market sentiment. James Butterfill, Head of Research at CoinShares, said the week began positively, with capital trickling into digital assets. However, he pointed out that the mid-week US […]
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Ripple’s ecosystem is seeing notable momentum, with XRP and its RLUSD stablecoin making major advances in the crypto market. Coinbase lists XRP futures On April 21, Coinbase introduced XRP futures contracts on its US derivatives platform. These contracts, regulated by the Commodity Futures Trading Commission (CFTC), offer traders a compliant way to access XRP without […]
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The XRP price crossing the $10 mark into the double-digit territory remains a widespread school of thought, and crypto analysts have, at different points, shared analyses that seem to support this notion. Most especially, since the XRP price broke the $3 mark and is now holding support above $2, it has given fuel to these expectations. One crypto analyst takes it a step further by giving a close timeline for when XRP could break above $20. 4 Reasons Why The XRP Price Could Rally Crypto analyst and XRP advocate, Diana on X (formerly Twitter), put forward a total of five different reasons why they believe that the XRP price is headed for double digits. These range from broader market moves to more specific developments to XRP. Related Reading: Bitcoin Price Still Has A Chance To Clear $90,000 If It Breaks This Level The first of these reasons is the historical performance and technical analysis. The crypto analyst points to the rally in 2024 that saw the XRP price cross $3 for the first time since 2017. Currently, the altcoin is seeing a consolidation after a price crash, but continues to hold above the Ichimoku support. If the XRP price repeats the rally from 2024, then a 600% rally to $17.50 could be on the horizon. Another reason why the XRP price could explode is the Ripple versus the Securities and Exchange Commission’s battle coming to an end. Once this is resolved, the analyst believes the regulatory clarity it brings would give institutions insight to buy into the altcoin. Next is the high number of XRP ETFs that have been filed so far. Pointing to the performance of Bitcoin and Ethereum after their respective ETFs were approved, the XRP price could see a similar rise in price. Moving toward adoption, the ISO 20022 and the Fedwire adoption is another catalyst revealed by Diana. It is possible that the Fedwire could see XRP embedded in global banking rails, bringing newfound utility that could trigger another XRP price rally. Timeline To Reach $20-$25 As for when the XRP price could climb above $20, the crypto analyst believes that this could happen as early as January 2026. Using the fundamentals, she points to a 600% post-ETF rally similar to that of Bitcoin, which would mean that from here, it would take it to $17.50. But a 1,000% rally could possibly take it as high as $27.50. Related Reading: Bearish Case For Bitcoin: Analyst Warns Falling Wedge Is A Whale Trap That Could Drag Price To $67k For the three possible scenarios, the crypto analyst predicts a 300% rally to $10 as a conservative target. Then a 500% rally to $17.50 as a base target. Finally, a 1,000% rally to $27.50 as an aggressive target. However, in all of this, the crypto analyst says the XRP price must break $3.40 for another rally to take place. Featured image from Dall.E, chart from Tradingbview.com
Analysts suggest bitcoin's recent price action could signal a break in the downtrend, with potential for further gains.
Sentiment toward the asset class remains mixed but is showing "signs of recovery," Head of Research James Butterfill said.
XRP price started a fresh increase above the $2.050 zone. The price is now consolidating above $2.080 and is struggling to gain pace above the $2.150 resistance. XRP price started a fresh increase above the $2.080 zone. The price is now trading above $2.080 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2.080 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might gain bullish momentum if it clears the $2.150 resistance zone. XRP Price Trims Gains XRP price started a recovery wave above the $2.050 and $2.080 resistance levels, like Bitcoin and Ethereum. The price traded above the $2.10 and $2.120 levels to start a decent increase. The bulls even pushed the price toward $2.150 before the bears appeared. A high was formed at $2.139 and the price started a downside correction. There was a move below the $2.10 and $2.080 support levels. The price even dipped below the 50% Fib retracement level of the upward move from the $2.038 swing low to the $2.139 high. However, the bulls protected the 76.4% Fib retracement level of the upward move from the $2.038 swing low to the $2.139 high. The price is now trading above $2.080 and the 100-hourly Simple Moving Average. There is also a connecting bullish trend line forming with support at $2.080 on the hourly chart of the XRP/USD pair. On the upside, the price might face resistance near the $2.10 level. The first major resistance is near the $2.120 level. The next resistance is $2.150. A clear move above the $2.150 resistance might send the price toward the $2.20 resistance. Any more gains might send the price toward the $2.220 resistance or even $2.250 in the near term. The next major hurdle for the bulls might be $2.350. Another Decline? If XRP fails to clear the $2.10 resistance zone, it could start another decline. Initial support on the downside is near the $2.080 level and the trend line. The next major support is near the $2.060 level. If there is a downside break and a close below the $2.060 level, the price might continue to decline toward the $2.0320 support. The next major support sits near the $2.00 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.080 and $2.060. Major Resistance Levels – $2.10 and $2.120.
In a surprising move within the crypto market, XRP has surpassed Ethereum (ETH) in a key valuation metric: Fully Diluted Market Capitalization (FDMC). While Ethereum has been in a downtrend this bull cycle, XRP’s performance over the last six months has been nothing short of impressive, leading to it quietly overtaking the world’s second-largest cryptocurrency by market capitalization. XRP Flips Ethereum In FDMC Edward Farina, a crypto analyst and outspoken XRP supporter, took to X (formerly Twitter) on April 18 to announce that XRP has officially overtaken Ethereum in terms of Fully Diluted Market Capitalization. The FDMC represents the total potential value of a cryptocurrency if all of its tokens were in circulation. Related Reading: Why XRP Could Beat Dogecoin, Solana In ETF Race And Trigger A Price Surge This metric is usually calculated by multiplying a cryptocurrency’s current price by its maximum token supply. This contrasts with the more commonly referenced market capitalization metric, which only factors in circulating supply. At the time of his post, Farina reported that XRP’s FDMC had reached $208.4 billion, surpassing Ethereum’s $192.5 billion by approximately $15.9 billion. This marks over six consecutive months of XRP outperforming Ethereum in terms of projected value, signaling a potential shift in altcoin dominance between the two leading cryptocurrencies. Despite XRP’s FDMC milestone, it’s worth noting that Ethereum’s current market capitalization remains significantly higher. As of writing, ETH’s market cap is estimated at $199.14 billion, compared to XRP’s $124.3 billion, reflecting a difference of around $74.84 billion. The key reason for this discrepancy between XRP’s market capitalization and FDMC lies in its unique token structure. A significant portion of XRP’s supply is held in escrow, meaning those tokens are not yet available in the open market. While they do not count toward the circulating supply, they are included in its Fully Diluted Market Capitalization. The implication behind this distinction remains clear: if all of XRP’s tokens in escrow were unlocked and circulated today, its market value could exceed that of Ethereum. As the altcoin steadily gains momentum in valuation metrics and investor interest, it could pose a significant challenge to Ethereum’s position as the number one altcoin and second-largest cryptocurrency. Bollinger Bands Signal Major Move In The Altcoin Price The XRP price could be gearing up for a significant move upward as technical chart indicators point toward rising volatility. A recent analysis of the 4-hour chart by crypto analyst Ali Martínez shows Bollinger Bands tightening — a classic signal that often precedes a breakout. Related Reading: XRP Price Approaching Next Major Liquidity Zone, Main Levels To Watch Out For Currently trading near the midline of the bands after a bounce from the lower support zone, XRP is now consolidating within a narrow range. The “squeeze” pattern reflects reduced volatility. While the target of the proposed price move remains uncertain, Martinez is confident that its next breakout is just around the corner. Featured image from Unsplash, chart from Tradingview.com
Crypto analyst Charting Guy (@ChartingGuy), posting to X on April 20, has mapped the daily XRP/US Dollar chart on Bitstamp onto a textbook Wyckoff re‑accumulation schematic and argues that the pattern is now far enough advanced to imply a summer markup toward— and potentially beyond— the $3.70 region. “Wyckoff Pattern Ignites XRP Bull Case The chart spans the five‑month base that began with preliminary supply (PSY) in late November. A vertical surge carried price into a $2.68 Buying Climax (BC) in early December, immediately followed by an Automatic Reaction (AR) that washed back to roughly $1.90, anchoring the lower boundary of what would become the Phase A trading range. A Secondary Test (ST) in mid‑December revisited the $2.72 zone, completing Wyckoff’s initial “stop‑action” sequence. Phase B unfolded through January: demand rebuilt, producing an Up‑Thrust (UT) in Phase B that briefly pierced $3.40 in mid January before supply re‑asserted itself. From that peak XRP traced a descending, low‑angle channel—labelled the “Creek”—with progressively lower highs and lows into early April. Throughout this descent, Charting Guy’s overlay shows the familiar saw‑tooth of Wyckoff’s internal testing, suggesting weak‑hand distribution rather than true distributional topping. Related Reading: Ripple Takes Asia By Storm With New XRP Product, Here Are The Recent Developments On April 7 the market under‑cut range support, knifing to about $1.61, and immediately snapped back: the classic Spring of Phase C. A shallow Test of the spring followed near $2.00, satisfying Wyckoff’s requirement for bullish confirmation. From that point the analyst’s projected path turns higher. Phase D begins with what Wyckoff called Last Point of Support (LPS) between $2.35 and $2.55 in early May, followed by a steeper advance that drives through the February crest. This is followed by a Jump Across The Creek (JATC)—a decisive thrust through the descending channel top and horizontal resistance at roughly $2.70. The model then shows a price breakout above the mid-January high at $3.40 would constitute the Sign of Strength (SOS) around $3.40 in late May, completing the transition into Phase E. Afterwards, Charting Guy expects a second backing up into a first Last Point of Support (LPS) between $3.10 and $3.30 in mid-June, followed by an even steeper advance. Related Reading: XRP Is The ‘Strongest Chart In Crypto,’ Says Analyst In Phase E the schematic accelerates, taking XRP into the $3.70 area by early July—an objective that sits one tick above the $3.40 resistance band on the analyst’s price axis. With the spot rate at $2.12 at publication time, the roadmap implies a potential upside of close to 74% over the next two and a half months. However, Charting Guy cautions that “this doesn’t mean up‑only now—timing may be slightly off,” underscoring Wyckoff’s probabilistic nature. Nevertheless, the meticulous alignment of real‑world price action with the classical re‑accumulation phases—complete with labelled PSY, BC, AR, ST, UT, Spring, Test, LPS, JATC and SOS—adds weight to the bullish case. If the market respects those technical milestones, XRP could soon be working with prices not seen since the last cycle’s peaks. At press time, XRP traded at $2.11. Featured image created with DALL.E, chart from TradingView.com
Some traders are revisiting the cryptocurrency as a potential safe-haven asset amid economic uncertainty.
XRP price started a fresh increase from the $2.00 zone. The price is now consolidating above $2.050 and might aim for an upside break above the $2.20 level. XRP price started a fresh increase above the $2.050 zone. The price is now trading above $2.080 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $2.080 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might gain bullish momentum if it clears the $2.120 resistance zone. XRP Price Eyes Fresh Increase XRP price managed to stay above the $2.00 support and started a recovery wave, like Bitcoin and Ethereum. The price traded above the $2.020 and $2.050 levels to start a decent increase. There was a break above a key bearish trend line with resistance at $2.080 on the hourly chart of the XRP/USD pair. The bulls were able to pump the price above the $2.10 level. A high was formed at $2.1235 and the price is now consolidating above the 23.6% Fib retracement level of the upward move from the $2.038 swing low to the $2.123 high. The price is now trading above $2.10 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.120 level. The first major resistance is near the $2.150 level. The next resistance is $2.1850. A clear move above the $2.1850 resistance might send the price toward the $2.250 resistance. Any more gains might send the price toward the $2.320 resistance or even $2.350 in the near term. The next major hurdle for the bulls might be $2.50. Another Decline? If XRP fails to clear the $2.120 resistance zone, it could start another decline. Initial support on the downside is near the $2.10 level. The next major support is near the $2.080 level and the 50% Fib retracement level of the upward move from the $2.038 swing low to the $2.123 high. If there is a downside break and a close below the $2.080 level, the price might continue to decline toward the $2.050 support. The next major support sits near the $2.00 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.080 and $2.050. Major Resistance Levels – $2.120 and $2.150.
Perceived threat to Fed's independence saw traders sell dollar, pushing BTC and gold higher.
A standard deviation-based indicator points to renewed volatility explosion in XRP and BTC.
A long-time supporter of XRP who is not afraid to speak his mind has issued stunning predictions concerning the future value of the cryptocurrency. His assertions have both interested and confused investors. Related Reading: BNB Weathers The Storm Better Than Altcoins, Stats Show Investor Forecasts 50-Fold Return On XRP As per the Alpha Lions Academy founder Edoardo Farina, an investment of $1,000 in XRP today can increase to more than $50,000 in the future. The estimate is based on the altcoin crossing Farina’s desired price target of $100 per token, from its current value of around $2. “Buying $1,000 worth right now is really buying over $50,000 in the future when $XRP hits $100+”, Farina tweeted recently. Farina previously revealed he will not sell any of his XRP holdings until the price reaches at least $100 per token. He terms the coin as sitting at the hub of what he refers to as a “multi-generational pump” and points out its potential function within the international finance system. XRP @ $2 Buying $1,000 worth right now is really buying over $50,000 in the future when $XRP hits $100+ 50x return — EDO FARINA ???? XRP (@edward_farina) April 18, 2025 Minimum Holdings Suggestion Sparks Skepticism According to reports, Farina urges retail investors to own a minimum of 1,000 XRP tokens. He asserts that such an amount is the minimum one needs in order to take advantage of the use and greater adoption of XRP in the future. Such opinions regarding the issue have been unequivocal. Farina has reportedly said that individuals who have fewer than 1,000 XRP tokens “don’t care enough about their financial success” and called possessing less than that amount “insanity.” Though these comments represent Farina’s individual investment strategy, they echo a developing perception among XRP enthusiasts that the asset is undervalued and poised for strong growth if regulatory clarity increases and more businesses embrace it. Doubters Challenge The Life-Changing Assertions Not everyone shares Farina’s positive perspective. Doubters have raised issues with his assertion that $1,000 in XRP today may be worth $50,000 someday. One critic pointed out that even if XRP hits $100 and converts $1,000 into $50,000, this may not be sufficient for early retirement. The remark points out that what appears to be a good return may not necessarily be the life-altering wealth many investors expect. Questions also arise regarding if XRP will ever hit the $100 level, and if so, how long it would take to arrive there. Related Reading: Whales Swallowing Bitcoin Fast — Will This Push BTC Price Up? Price Target Timeline Indicates Long Way To Go The journey to $100 looks long for XRP, which is currently trading at about $2. It would need a nearly 5,000% rise from where it is now to reach $100. Featured image from Pexels, chart from TradingView
Ripple is again breaking into the Asia market with a new XRP product, which would help drive institutional adoption. This move has been made in partnership with HashKey Capital, which launched this fund in order to expand institutional access to the altcoin. Ripple Invests In HashKey’s XRP Product In an X post, Hashkey Capital announced that it is launching Asia’s first XRP Tracker Fund with Ripple as an early investor. The asset manager noted that this move represents a significant step in expanding institutional access to XRP. Related Reading: Cardano Price Surge To $1.7: Here Are The Factors To Drive The Recovery The firm further stated that it chose XRP because the altcoin is at the forefront of cross-border payments, thanks to Ripple’s payment services, and enables faster, cheaper, and more efficient transactions than traditional systems, such as SWIFT. XRP is also enabling the tokenization of Real World Assets (RWAs) on its native blockchain, the XRP Ledger (XRPL). HashKey added that financial institutions and enterprises worldwide are already using XRP. The asset manager also noted that the XRP Tracker Fund is its third tracker fund, following its Bitcoin and Ethereum exchange-traded funds (ETFs). The firm also raised the possibility of converting the fund into an ETF within the next one to two years, subject to regulatory approval. This move will further broaden institutional access. Beyond the XRP Tracker Fund, HashKey Capital and Ripple are also partnering to explore new investment products, cross-border DeFi solutions, and tokenization. This includes the potential launch of a money market fund (MMF) on the XRPL. Meanwhile, for the tracker fund, Ripple will seed the initial investment. Hashkey stated that with Ripple as an anchor investor, this fund marks a “deepening collaboration” between two leaders in the blockchain space. The asset manager reaffirmed that the goal is to bring more institutional capital into regulated XRP products and the broader digital asset ecosystem. Ripple continues to make moves to boost XRP’s adoption. The crypto firm recently agreed to acquire prime broker Hidden Road for $1.25 billion, one of the largest deals in crypto history. Through this acquisition, the crypto firm aims to boost XRP and the RLUSD’s utility as it looks to make its mark in both the traditional finance (TradFi) and decentralized finance (DeFi) space. XRP Could Allegedly Play A Major Role in The Federal Reserve’s Plans In an X post, crypto commentator CryptoGeek alleged that the Federal Reserve has officially hinted that they may use XRP to power the blockchain component of their FedNow payment system. CryptoGeek added that this has come following multiple rumored meetings with Ripple. However, the Fed has yet to make any official statement on this development. Related Reading: Bitcoin Enters Oversold Levels, Analyst Warns This Is Bearish, Not Bullish Ripple will undoubtedly continue to make progress with getting financial institutions, especially US banks, to adopt its payment service, which XRP facilitates. The crypto firm is nearly in the clear with its lawsuit against the US SEC, as the court recently granted a joint motion to pause the appeal case while they finalize their settlement. As such, with the long-running legal battle almost out of the way, these institutions will be more inclined to partner with Ripple. Featured image from Dall.E, chart from TradingView.com
XRP is still in consolidation mode after hitting a new seven-year high in January 2025. This consolidation has seen the price drop slowly, but steadily, losing around 40% of its value since then. Currently, bulls seem to have created support for the altcoin at $2, as this level continues to hold even through crashes. Thus, it has created the expectation that the bottom could be close for the XRP price, and this could serve as a bounce-off point. XRP Price Consolidation Could Be Over Soon Taking to X (formerly Twitter), crypto analyst Dark Defender revealed that the consolidation that the XRP Price has been stuck in for months now is coming to an end. The analyst used the monthly chart for the analysis, calling out an end and a bottom for the XRP price. According to him, this is actually the “Final Consolidation” for XRP, suggesting that this is where a breakout would start from. Related Reading: Dogecoin Price Eyes Next Critical Level At $0.18, Is A Break Above $0.25 Possible? With the consolidation expected to come to an end soon, the crypto analyst highlights what could be next for the altcoin using the 5-Wave analysis. Now, in total, these five waves are still very bullish for the price and could end up marking a new all-time high. For the first wave, Dark Defender calls it the Impulsive Wave 1, which is expected to begin the uptrend. This first wave is expected to push the price back to $3 before the second wave starts, and this second wave is bearish. The second wave would trigger a crash from $3 back toward $2.2, providing the setup for the third wave. Once the third wave begins, this is where the crypto analyst expects the XRP price to hit a new all-time high. The target for Wave 3 puts the XRP price as high as $5, clearing the 2017 all-time high of $3.8. Next in line is the fourth wave, which is another bearish wave. This wave will cause at least a 30% crash, according to the chart shared by the crypto analyst, taking it back toward the $3 territory once again. However, just like the second bearish wave, the fourth bearish wave is expected to set up the price for a final and more explosive Wave 5. Related Reading: Bitcoin Price To Break $125,000 But Sell Everything In October, Analyst Warns Once the fifth wave is in action, a brand-new all-time high is expected to happen, with the price rising over 100% from the bottom of the fourth wave. The target for this, as shown in the chart, is over $6. As for the crypto analyst, the major targets highlighted during this wave action are $3.75 and $58.85. Then, for major supports and resistances, supports are $1.88 and $1.63, while resistances lie at $2.22 and $2.30. Featured image from Dall.E, chart from TradingView.com
XRP has been trading under pressure in recent weeks, losing much of the momentum it built during its late 2024 to early 2025 rally. After reaching highs above $3.40, the asset has experienced an 18.3% decline over the past month, reflecting broader market softness. At the time of writing, XRP trades significantly below its peak at a price of $2.06, with subdued investor activity and falling market participation across both spot and derivatives markets. Related Reading: XRP Breakout Still Likely This April, Analyst Says $12+ In Play XRP On-Chain Activity Slows, But Price Remains Relatively Stable Amid XRP’s decline, a CryptoQuant analyst known as EgyHash has recently shared his analysis on the altcoin in a post titled, “XRP’s Market Paradox: With Ledger Activity Dipping 80%, Is a Rebound on the Horizon?” According to EgyHash, XRP’s on-chain and futures market data presents a mixed picture—declining activity but resilience in price. EgyHash noted that XRP Ledger activity has fallen sharply since December, with the percentage of active addresses down by 80%. Similar declines have been observed in the futures market, where open interest has dropped roughly 70% from its highs, and funding rates have occasionally turned negative. He added that the Estimated Leverage Ratio, which gauges average user leverage by comparing open interest to coin reserves, has also dropped significantly. Despite these indicators pointing to weakening momentum, the altcoin’s price has only declined about 35% from its peak. This is a milder correction compared to other assets such as Ethereum, which has fallen roughly 60% over the same period. Additionally, the altcoin’s Exchange Reserve has continued to decline, reaching levels last observed in July 2023. Lower reserves typically suggest that fewer tokens are available for immediate sale, a factor that can help support prices during market downturns. According to EgyHash, this trend, along with relatively stable pricing, could indicate growing long-term confidence in the asset. Institutional Developments Could Strengthen Market Sentiment While on-chain metrics remain a focus, institutional developments may also play a role in shaping XRP’s future trajectory. Hong Kong-based investment firm HashKey Capital recently announced the launch of the HashKey XRP Tracker Fund—the first XRP-focused investment vehicle in Asia. Backed by Ripple as the anchor investor, the fund is expected to transition into an exchange-traded fund (ETF) in the future. The initiative is designed to attract more institutional capital into the XRP ecosystem. HashKey Capital is launching Asia’s first XRP Tracker Fund—with @Ripple as an early investor. This marks a major step in expanding institutional access to XRP, the third-largest token by market cap. ???????? — HashKey Capital (@HashKey_Capital) April 18, 2025 HashKey Capital has also indicated that this collaboration with Ripple could lead to further projects, including tokenized investment products and decentralized finance (DeFi) solutions. Related Reading: XRP To $50? Technical Analyst Lays Out The Roadmap Vivien Wong, a partner at HashKey, emphasized the strategic value of integrating Ripple’s network with regulated investment infrastructure across Asia. Although the altcoin faces near-term pressure, long-term developments, including decreasing exchange reserves and rising institutional interest, may support its recovery as the broader market stabilizes. Featured image created with DALL-E, Chart from TradingView
XRP owners experienced a rollercoaster ride last week as the cryptocurrency fought to remain above the $2 level. The altcoin, which recently exchanged hands at $2.13, fell by almost 20% between April 5 and 7, touching a five-month low of $1.78. However, the token soon regained its ground with a 15% jump the next day, reclaiming the $2 region – although it still struggles to maintain this position. Related Reading: BNB Goes Up In Smoke: CZ Honors Nearly $1 Billion Token Burn Promise Market Analyst Unfazed By Volatility Technical analyst Cryptominder remains unfazed by recent price swings, boldly declaring he’s buying XRP at today’s prices. Though certain experts foresee levels between $12 and $15, Cryptominder has put forward an ambitious goal of $50 by 2030. This prediction is a whopping 2,330% climb from today’s levels around $2.06, with annual growth of over 80% for the next half-decade. This growth rate is within reach, says Cryptominder, citing last year’s 230% price appreciation of XRP as proof. The analyst went as far as to say that market observers would look back at his call with acknowledgment in the future. In 5 years from now $XRP will be over 50$ price. Today is the day you will remember. You will say to your friends that we never believed in XRP when it was 0.09$ we never believed at 0.35$ we never believed at 2$. I buy this XRP you are not. I bought at these prices! — Cryptominder (@Crypt0minder) April 17, 2025 Skeptics Reminded Of Previous Missed Opportunities Cryptominder targeted risk-averse investors who are reluctant to purchase at $2. He compared it to the same sentiment during the time when XRP only cost $0.09 in May 2017 and then subsequently at $0.35. Both prices eventually realized significant returns for investors who purchased in, he asserted. The analyst pointed to his own experience purchasing at these lower levels, and indicated that the current $2 level might provide similar potential for expansion. This pattern in the past is the foundation for his lofty $50 target. Other Analysts Share Similar Optimism Cryptominder is not alone in being bullish. Following reports, Amonyx said last August XRP would beat $10 before hitting $50, stating “no one could stop the momentum.” More recently, Edoardo Farina intimated that investors would kick themselves for failing to buy if and when XRP hits $50, so far even making a suggestion on the potential at $100. #XRP will quickly go above $10+ and then above $50+, there is nothing you can do about it. ????#XRPHolders #XRPCommunity pic.twitter.com/B8pFABeZLK — Amonyx (@amonbuy) August 28, 2024 Some market experts seem to support these estimates, predicting a high price of $48 for XRP by 2030 – similarly close to Cryptominder’s estimate. However, other analysts provide a more cautious timeline, estimating that XRP will not hit the $50 mark until 2033. Related Reading: Bitcoin Dominates Q1: Altcoin Season Nowhere In Sight—Report Price Performance Shows Recent Recovery Efforts The recent price action indicates XRP making efforts to stabilize following its steep decline. Having recently retreated to $1.78, the altcoin was able to recover and drive back above $2, albeit holding on to this level has not been easy. Market observers point out that even with these challenges, bears have yet to fully take over the price action. Based on price charts, XRP must set stronger support higher than the $2 psychological mark in order to gain momentum towards any future expansion. The fact that the token managed to bounce back by 14.33% in a single day reflects the potential for sudden movements in either direction and illustrates the extremely volatile nature of cryptocurrency markets. Featured image from Shutterstock, chart from TradingView
The price of XRP continues to coil just above the mid‑$2 region, but veteran market technician CasiTrades (@CasiTrades) believes the consolidation is the calm before a violent impulse higher. In a four‑hour chart published on X on 17 April, the analyst traces an Elliott Wave count showing the token finishing a textbook Wave 2 correction that began after December’s cycle high near the 0.118 Fibonacci band at $3.40. XRP Breakout In April Still Possible From the peak labelled (1), XRP has followed a sharp, three‑legged A–B–C pullback (drawn in gold). Leg A bottomed in February at $1.77. Leg B retraced to the 0.236 level at $2.99 before the current slide in Leg C, which has thus far defended the 0.618 retracement at $1.54. Below lies a thick liquidity pocket between the 0.618 and 0.65 retracements—$1.55 to $1.45—highlighted by a green box on the chart. CasiTrades describes that zone as “the most likely target” for any final sweep lower, but stresses that price “has shown solid support at the 0.5 retrace ($1.90). On the macro timeframe, not much has changed.” Related Reading: XRP Is The ‘Strongest Chart In Crypto,’ Says Analyst The chart also flags the 0.382 retracement at $2.24 with a red line—the final ceiling that must be reclaimed to confirm bullish reversal. “To break major resistance at $2.24 (the 0.382), we’ll likely need one final push off either $1.90 or $1.55. If XRP clears and holds $2.24, these lower levels become far less likely,” the analyst writes. The market has already printed a series of higher lows on the four‑hour Relative Strength Index while price carved lower lows, producing a clear bullish divergence that reinforces the idea that selling pressure is exhausting. CasiTrades argues that the macro structure remains intact: the decline of the past four months is Wave 2 inside a much larger five‑wave advance. “We are very close to ending this correction, whether the low is already in or we need one more support test, I still believe we’re about to enter macro Wave 3,” she notes. Under classical Elliott guidelines, one wave of every impulse must extend, and the analyst expects that role to fall to Wave 3. Using Fibonacci expansion from the Wave 1 impulse—the vertical purple projection—she derives upside objectives at the 1.618, 2.618 and 3.618 extensions: $6.50, $9.50 and “$12+” respectively. “One wave must extend in every impulse and most likely this will happen on Wave 3. This isn’t hype, this is textbook Fibonacci + Elliott Wave logic. Correction bottom is either here or very near. Once Wave 3 begins, it only takes weeks, not months,” she explains. Related Reading: Why XRP Could Beat Dogecoin, Solana In ETF Race And Trigger A Price Surge Sceptics questioned whether algorithmic manipulation might have invalidated traditional tools, but the analyst remains unmoved. “This price action has been frustrating, but I believe the market is largely driven by algos that to complete specific patterns, these patterns make money for their creator. Strong demand may be delaying the final push lower, but I still believe the market likely needs to test those support levels to grab liquidity before a breakout. We’re at a critical test right now. If buyers can push the price above $2.24, it could shift the algos instead of hunting lower, they may flip direction and chase momentum.” Time, she insists, is running out for bears. “We’re mid‑April now. If XRP tags that final support, even by the end of this week, and volume steps in, a breakout to new highs could very realistically kick off in late April and still satisfy the April breakout outlook.” As of press time XRP is trading near $2.16 on Binance, only a few percentage points below the critical $2.24 trigger. Featured image created with DALL.E, chart from TradingView.com
HashKey Capital has launched the first regulated XRP Tracker Fund in Asia, according to an April 18 statement. The XRP Tracker Fund closely follows the price of XRP, the third-largest crypto asset by market capitalization and a token widely used in Ripple’s global payments infrastructure. The fund is HashKey Capital’s third tracker product, following its […]
The post HashKey Capital breaks ground with Asia’s first XRP Tracker Fund appeared first on CryptoSlate.
The fund aims to simplify institutional access to XRP for cross-border payments, crypto investing in Asia.
XRP price started a fresh decline below the $2.120 zone. The price is now consolidating above $2.00 and remains at risk of more losses below $2.00. XRP price started a fresh decline below the $2.150 zone. The price is now trading below $2.120 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $2.10 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might extend losses if there is a close below the $2.00 support zone. XRP Price Dips Again XRP price started another decline below the $2.20 zone, like Bitcoin and Ethereum. The price traded below the $2.150 and $2.120 levels to enter a bearish zone. The price even spiked below $2.050 before the bulls appeared. A low was formed at $2.036 and the price is now consolidating losses. There was a minor increase above the $2.10 level. However, the bears were active near the 50% Fib retracement level of the downward move from the $2.184 swing high to the $2.036 low. The price is now trading below $2.10 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.10 level. There is also a key bearish trend line forming with resistance at $2.10 on the hourly chart of the XRP/USD pair. The first major resistance is near the $2.1280 level and the 61.8% Fib retracement level of the downward move from the $2.184 swing high to the $2.036 low. The next resistance is $2.1850. A clear move above the $2.1850 resistance might send the price toward the $2.250 resistance. Any more gains might send the price toward the $2.320 resistance or even $2.350 in the near term. The next major hurdle for the bulls might be $2.50. More Losses? If XRP fails to clear the $2.10 resistance zone, it could start another decline. Initial support on the downside is near the $2.040 level. The next major support is near the $2.00 level. If there is a downside break and a close below the $2.00 level, the price might continue to decline toward the $1.920 support. The next major support sits near the $1.840 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.040 and $2.00. Major Resistance Levels – $2.10 and $2.1850.
Crypto market analyst Dr Cat (@DoctorCatX) has declared XRP the strongest chart in the entire crypto space, citing Ichimoku Cloud dynamics that currently favor XRP over both Bitcoin and major altcoins such as Ethereum. XRP Is The ‘Strongest Chart’ In a weekly comparison of XRP/USD and BTC/USD, Dr Cat explains that XRP continues to exhibit full bullish structure within the Ichimoku framework. On the weekly chart, XRP is holding above the Kijun-Sen (base line), and the Tenkan-Sen (conversion line) remains above both price and Kijun, maintaining a textbook bullish configuration. The price, marked at $2.09688, has now consolidated for multiple weeks above the Kijun, with no significant violations. The Ichimoku cloud projected ahead — the Kumo — shows a sharply rising Senkō Span A, forming an upward-sloping top to the cloud that extends into May. Senkō Span B is positioned lower and flat, adding to the positive slope of the cloud. This forward structure typically reflects underlying trend strength. While precise values for these lines are not labelled on the chart, their shape and relative positioning confirm that the cloud is bullishly aligned, with Span A above Span B, and rising — a configuration often preceding strong continuation moves. Related Reading: XRP Dips To $1.97 – A Golden Opportunity Before The Next Rally? In contrast, the BTC/USD weekly chart presents a more fragile picture. While Bitcoin trades at $84,940, and remains above the Kumo, it has lost the Kijun-Sen, with price slipping below that critical baseline over the last two candles. Moreover, the Tenkan-Sen has crossed beneath the Kijun-Sen, forming a classic bearish crossover. Even if this crossover eventually proves to be a whipsaw, it is technically significant, as Dr Cat notes: “Even if a fake one, it’s a score point for bears that needs to be overcome.” Dr Cat summarizes the contrast across the majors as follows: “Plenty of altcoins are already in a bear market on the weekly, including ETH. BTC is struggling to fight back. But XRP bulls still have full control.” In response to users speculating on timelines, tops, and price targets — some calling for $0.80 retracements, others for new all-time highs imminently — the analyst replied: “By the end of May it should be pretty clear.” Related Reading: XRP To $15? Pundit Explains How ETFs Could Trigger Massive Rally Dr Cat has also reiterated his medium-term upside target of $4.50 for XRP, suggesting that the setup may culminate in a full-scale breakout attempt toward or beyond the all-time high near $3.84. That move, however, remains contingent on bulls maintaining their current technical advantage. XRP Sets New Record Against Ethereum Additional evidence of XRP’s rising strength comes from independent analyst Dom (@traderview2), who published a historical performance heatmap comparing XRP to ETH on a monthly basis. His data shows that XRP has now outperformed ETH for five consecutive months (entering the six month) — the longest such streak ever recorded. The outperformance began in November 2024, with XRP gaining +160.4% relative to ETH, followed by +18.5% in December, +47.3% in January, +4.3% in February, +19.6% in March, and +14.3% so far in April 2025. Prior to this run, the longest relative win streak had been four months (June–September 2024), making the current stretch a historical first. The cumulative arithmetic gain across this period exceeds +264%, showcasing a sustained capital rotation toward XRP not seen in prior cycles. While it remains to be seen whether the current strength translates into new highs, XRP’s chart structure is unmatched across major tokens on the weekly timeframe. With a clean bullish alignment, a rising cloud, and dominant relative performance, Dr Cat’s conclusion remains firmly grounded: “XRP bulls still have full control.” At press time, XRP traded at $2.09. Featured image created with DALL.E, chart from TradingView.com
XRP is making headlines this month as whale activity surges across the network. In a surprising twist, reports indicate that XRP whales have dumped more than $700 million worth of tokens just this April. This sudden shift in whale behavior raises the question of what these big players are really up to. XRP Whales Offload 370 Million Tokens In April On April 15, prominent crypto analyst Ali Martínez reported on X (formerly Twitter) that XRP whales have begun dumping the popular cryptocurrency in large volumes. Following a period of substantial token accumulation, these large-scale investors have sold over 370 million XRP since the beginning of April. Related Reading: Trump-Powered Rally Triggers Heavy Dumping From XRP Whales, Here’s How Much Notably, this massive whale sell-off amounts to over $700 million, triggering a wave of speculation about the intentions behind this move. More interestingly, the XRP dumps appear to align with recent price fluctuations, as whales tend to heavily influence market dynamics, especially during a downturn. The Santiment chart provided by Martinez reveals a clear trend, from April 3 to 14, 2025, that XRP wallets holding between 100 million to 1 billion tokens have drastically reduced their holdings. As this large-scale whale dumping progressed, the XRP price dropped to new lows around April 8 and then began a steady climb, reaching $2.1 at the time of writing. While the reason behind such large-scale exits is unclear, a few plausible explanations exist. Whales might be capitalizing on earlier price gains to lock in profits while the market conditions for XRP remain relatively stable. These investors could also be responding to heightened market volatility, pushing them to shift their holdings into alternative assets to hedge risks and safeguard against losses. Another possibility is that these big players are selling tokens between wallets or transferring them to exchanges in anticipation of a significant event — perhaps the final legal decision between Ripple and the United States Securities and Exchange Commission (SEC). In less optimistic scenarios, such coordinated whale activity, which tends to influence prices, may be indicative of market manipulation, often aimed at achieving strategic gains. Although it’s uncertain whether the above motives are driving recent whale dumps, one thing is clear: large-scale XRP movements always warrant close attention. With XRP now hovering around $2, the market waits to see just how these sell-offs will influence the future price of the cryptocurrency. Update On Latest XRP Price Action According to crypto analyst Andrew Griffiths, the current XRP price analysis indicates a notably bullish trend. This momentum emerged after the cryptocurrency surpassed two key resistance levels and established a solid support level, signaling a potential upward movement. Related Reading: XRP Price Reversal Toward $3.5 In The Works With Short And Long-Term Targets Revealed As a result, the analyst predicts that XRP could record a massive gain of over 20% in the coming weeks. With the token currently trading at $2.10, a 20% increase would bring it to approximately $2.589. Based on the upward trajectory within the Ascending Channel seen on the price chart, the analyst predicts that XRP could climb as high as $3.3. Featured image from Pixabay, chart from Tradingview.com
Recent happenings with whales have caused turbulence in the XRP market. A transaction of 131 million XRP tokens, which is around $273 million worth, has sent jitters among investors. This occurrence comes during the tough battle of XRP in attempting to cut through the resistance at $2.16. Related Reading: Solana Hits Milestone As Canada OKs First Spot ETFs Large Wallet Transfers Raise Questions About Market Stability As per blockchain monitoring by Whale Alert, an unknown owner moved 131 million XRP between wallets in a single transaction. The activity prompted conversations on trading platforms as investors attempted to decipher the move. The wallet addresses used haven’t been traced to any known exchanges or parties, further fueling uncertainty. This was not a one-off action, though. Only 12 hours ago, another big holder transferred XRP valued at $63 million. These consecutive moves by major token holders indicate that a trend may be emerging. Some observers think these may be over-the-counter transactions, while others are concerned about potential selling pressure to materialize. ???? ???? ???? ???? ???? ???? ???? ???? ???? ???? 131,000,000 #XRP (273,945,648 USD) transferred from unknown wallet to unknown wallethttps://t.co/CnMiTrxABL — Whale Alert (@whale_alert) April 15, 2025 Price Continues To Fail To Break $2.17 Resistance XRP has been unable to break the $2.17 barrier in recent times despite several attempts. These rejections have undermined bullish momentum and driven the price lower. According to reports, XRP traded at approximately $2.06 within the last 24 hours, and down by 4%. The digital asset had registered a positive growth in the last week with a gain of 14%. Yet this upward movement wasn’t sustained even after the noise surrounding whale movement. The unplanned realignment of tokens is causing traders immediately across the marketplace to respond adversely. Market analyst CasiTrades indicated that XRP might drop towards the support levels lower than $1.90 in case the downtrend persists. The analyst even indicated a likely drop to $1.55 if the volume of selling gains momentum higher than the present volumes. Such prices may present chances for buying once market interest re-emerges. JUST IN: SWIFT nearing agreement with Ripple to use #XRP for cross-border payments, with billions of $XRP secured in escrow as liquidity reserves. IF THIS IS TRUE WE ARE GOING TO $10,000+ pic.twitter.com/Tl4Y3FP6g6 — THE RIPPLE WHALES (@RIPPLE_WHALES) April 15, 2025 Long-Term Outlook Still Remains Promising There are still some analysts who think XRP has a bright future, although it’s been weak recently. Investors get excited sometimes due to rumors of an XRP ETF and a potential agreement with payment system, SWIFT. But nothing significant has happened in the market from those expectations so far. Related Reading: Crypto Holders Beware! New Malware Drains ETH, SOL, XRP Wallets Currently, market participants are split. Large institutional trades and price pullbacks at key levels are resulting in conflicting views. The $1.90 to $1.55 support zone is critical. XRP must remain above this zone for the price to have any possibility of increasing soon. The market is still following XRP closely in anticipation of concrete news. Whale movements and the chronic resistance at $2.16 are decisive factors in the direction of the market in the next few days. Featured image from Pexels, chart from TradingView
XRP remains one of the most popular coins in the market, with a cult-like community that has supported it for years. With the bullish sentiment surrounding it, the altcoin has performed quite well and continues to inspire support. The most recent developments for XRP have been the ETF filings that suggest it might be the next altcoin to get an SEC nod after Ethereum. The number of filings also puts it well ahead of investor favorites such as Solana and Dogecoin in the running for the next ETF approval. XRP ETF Filings Climb To 10 XRP ETF filings have been coming out of the market over the past year, especially with the approvals of Ethereum Spot ETFs. These ETFs are expected to give institutional investors an official vehicle to get proper exposure to the market. As Bitcoin and Ethereum ETFs have been done and dusted, issuers have looked to other large cap altcoins to bring into the market. Related Reading: Analyst Who Called Dogecoin Price Rally In 2024 Predicts 300% Rally In April The next favorites on the list have been XRP, in addition to heavy hitters such as Solana, Dogecoin, and Litecoin. However, in the race, XRP has clearly differentiated itself in terms of interest, boasting twice as many filings as any other altcoin. According to data from Kaito Research, there are currently 10 XRP ETF filings pending approval or rejection from the SEC. In contrast, there are five Solana ETF filings, 3 Litecoin filing, and 3 Dogecoin filings. This shows clearly that interest in XRP as the next altcoin to gain ETF approval is the highest. Additionally, the SEC has acknowledged the XRP ETF filings from industry leaders such as Grayscale. There are also filings from ProShares, Franklin Templeton, Bitwise, 21Shares, among others. However, BlackRock has not made a move to file for an XRP ETF despite leading the Bitcoin and Ethereum ETF campaigns. Nevertheless, the filings for XRP ETFs remain a big deal for the altcoinm and their approval could trigger another wave of price hikes. ETFs And The SEC Battle Conclusion For many, the major hindrance to an SEC approval of an XRP ETF was the ongoing battle between the crypto firm and the regulator, which began in 2020. However, in March 2025, Ripple CEO Brad Garlinghouse announced that the case was officially over. Related Reading: Is The XRP Price Mirroring Bitcoin’s Macro Action? Analyst Maps Out How It Could Get To $71 With this development, expectations that the regulator will look favorably upon an XRP ETF are high. If the ETFs are approved, even with a fraction of the Bitcoin ETF volumes, the XRP price is expected to explode in response, with some analysts predicting that the altcoin’s price could rise to the double-digits. Featured image from Dall.E, chart from TradingView.com
XRP's recent price movement suggests a possible re-test of lows around $1.6, despite its strong order book depth.
XRP price started a fresh decline below the $2.150 zone. The price is now consolidating above $2.00 and facing hurdles near the $2.120 zone. XRP price started a downside correction from the $2.250 resistance zone. The price is now trading below $2.10 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $2.130 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might extend losses if there is a close below the $2.00 support zone. XRP Price Faces Resistance XRP price started a downside correction from the $2.250 zone, like Bitcoin and Ethereum. The price traded below the $2.150 and $2.120 levels to enter a bearish zone. The price even spiked below $2.050 but stayed above $2.00. A low was formed at $2.036 and the price is now consolidating losses. There was a recovery wave above the $2.10 level. The price spiked above the 50% Fib retracement level of the downward move from the $2.184 swing high to the $2.036 low. The price is now trading below $2.10 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.120 level. There is also a key bearish trend line forming with resistance at $2.130 on the hourly chart of the XRP/USD pair. The trend line is near the 61.8% Fib retracement level of the downward move from the $2.184 swing high to the $2.036 low. The first major resistance is near the $2.180 level. The next resistance is $2.20. A clear move above the $2.20 resistance might send the price toward the $2.250 resistance. Any more gains might send the price toward the $2.320 resistance or even $2.350 in the near term. The next major hurdle for the bulls might be $2.50. More Losses? If XRP fails to clear the $2.120 resistance zone, it could start another decline. Initial support on the downside is near the $2.030 level. The next major support is near the $2.00 level. If there is a downside break and a close below the $2.00 level, the price might continue to decline toward the $1.920 support. The next major support sits near the $1.840 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.030 and $2.00. Major Resistance Levels – $2.120 and $2.180.
XRP recent surge appears to be entering a cooling phase as the price edges lower to the $1.97 level, an area acting as a pivotal support. After a strong upward move fueled by improved market sentiment, the current pullback signals a potential pause rather than a full reversal. The $1.97 zone now stands as a critical support level, previously acting as resistance during XRP’s recent climb. If buyers step in with strength and volume begins to rise, this dip could prove to be a strategic entry point for those eyeing the next breakout. Key Support Holds At $1.97 – Is XRP Building A Base? XRP’s pullback to the $1.97 level has brought attention to the critical support zone that may serve as a foundation for the next leg up. Despite broader market fluctuations, price action has shown resilience around this area, with buyers stepping in to defend the level. Historically, $1.97 has acted as a pivotal point during previous rallies and corrections, increasing its significance as a potential accumulation zone. Related Reading: XRP Price Pulls Back: Healthy Correction or Start of a Fresh Downtrend? The Moving Average Convergence Divergence (MACD) indicator is beginning to flash early signs of a potential bullish reversal for XRP. After the recent dip to $1.97, the MACD line is showing signs of converging toward the signal line, hinting that bearish momentum may be losing steam. This subtle shift often precedes a reversal and suggests that buyers are gradually regaining control. Should the MACD complete a bullish crossover, where the MACD line crosses above the signal line, it will reinforce the argument for a rebound. When paired with XRP’s position above key support, such a signal could confirm that market sentiment is tilting in favor of the bulls. A strengthening MACD histogram, reflecting diminishing downside pressure, would further validate this shift and add weight to the case for an upward move in the coming sessions. Bulls On Standby: What Needs To Happen For A Breakout Several key conditions must be met before momentum shifts decisively in the bulls’ favor as XRP’s price action nears the $1.97 support zone. First, XRP needs to firmly establish $1.97 as a solid base, with multiple successful defenses of this level reinforcing buyer confidence. A rebound from this zone would signal underlying strength and provide the first step toward an upside breakout. Related Reading: XRP Must Break Above $3 To Invalidate Bearish Pattern And Flip Bullish – Analyst Secondly, volume needs to step in. A breakout without a noticeable increase in trading volume risks being a false move. Sustained buying pressure would confirm that market participants are positioned for a trend reversal. Additionally, a decisive break above nearby resistance levels such as $2.25 or higher would invalidate the current consolidation phase and open the door for further gains. Lastly, indicators like the RSI and MACD must align with the bullish narrative. A rising RSI, without entering overbought territory, and a bullish MACD crossover would solidify the technical foundation for an upward move. Featured image from iStock, chart from Tradingview.com
XRP is back trading above, $2, and bullish momentum is gradually creeping back compared to its price action at the end of March and beginning of April. Crypto analyst EGRAG CRYPTO believes this week could highlight a turning point for a full flip into bullish momentum, and how the XRP price closes out the week will be very important. According to the analyst’s outlook, which was posted on social media platform X, the current XRP candle on the weekly timeframe is hovering just above both $2.10 and the 21-week Exponential Moving Average (EMA). However, he noted that the real confirmation lies with if XRP can manage to close the week with a full-bodied candle above $2.25. Why Is $2.25 Important For XRP’s Price? The $2.25 level has now become more than just another short-term resistance. It is what EGRAG considers the final barrier to validating the recovery structure forming after March and April’s sharp retracement. His weekly chart shows XRP climbing out from a significant low after bouncing off the 0.888 Fib extension level and now stabilizing above the yellow 21-week EMA line. Related Reading: XRP To Flip Bitcoin This Cycle? Analyst Points To Major Bounce The alignment of XRP’s price above both the $2.10 price level and this moving average adds credibility to the potential of a bullish continuation, but EGRAG makes it clear that a weekly close above $2.25 is the “lock-in” point. From a technical standpoint, this would mark the first full-bodied weekly candle above the 21W EMA since the past four weeks. If achieved, this can be interpreted confirmation that bulls have regained dominance and that a bottom was established on April 7. Furthermore, it suggests that the April 7 bottom will continue to hold as support going forward. The chart also outlines close price targets at $2.51 and $2.60, with Fibonacci extension levels projecting even higher zones at $2.69 on the way to crossing back above $3. Failing To Close Above $2.25 Could Reintroduce Unwanted Narratives EGRAG also issued a cautionary note in case there isn’t a clean breakout. Should XRP fail to close the weekly candle above $2.25, he warned it could trigger a return of bearish narratives, including what he referred to as a possible “tariff issue.” This is referring to the recent tariff back-and-forth between the US and China in the past month, which has unbalanced the investment markets. Related Reading: Crypto Pundit Reveals What Will Happen If XRP Price Does Not Break $2.3 A strong rejection could see the XRP price pull back toward the $1.96 Fibonacci level or even lower into the broader support band of around $1.58 to $1.30. The white box region on the chart above would then become the primary battleground for bulls and bears if a close above $2.25 is not secured by the end of the week. Featured image from iStock, chart from Tradingview.com