Ripple rally holds above $2.30 — is XRP quietly heading toward much bigger targets?

April 28, 2025
2 Views
Ripple price prediction leans bullish after recent gains, but is $2.50 the final wall standing between XRP and a return to larger macro trendlines? Table of Contents Ripple rallies amid positive momentum Ripple ecosystem updates XRP technical analysis Ripple price prediction Ripple rallies amid positive momentum After spending much of April trading within a relatively stable range, Ripple ( XRP ), the native token of the Ripple network, is beginning to show signs of a steady recovery. As of Apr. 28, XRP is priced around $2.32, reflecting a 7% gain over the past 24 hours. Over the past week, XRP has climbed about 10%, continuing a gradual rebound from its early April low near $1.64. The token’s trajectory appears to be gaining consistency, supported by renewed interest and a series of positive catalysts linked directly to the Ripple ecosystem. Amid this, trading activity has remained strong during this period. Daily trading volume has hovered around $5.2 billion over the last 24 hours, indicating sustained market engagement. Meanwhile, XRP’s market cap is now approaching $136 billion, securing its position as the fourth-largest crypto by market value. With XRP gaining momentum, what does the Ripple price prediction suggest about where it could go next? Let’s find out. Ripple ecosystem updates XRP’s recent price movement is being shaped by several developments that are altering how the market engages with the asset. One of the key catalysts is the upcoming launch of three new XRP exchange-traded funds from ProShares. ProShares plans to introduce the ProShares Ultra XRP ETF, the ProShares UltraShort XRP ETF, and the ProShares Short XRP ETF. Scheduled for Apr. 30, these funds will allow traders to gain leveraged exposure to XRP’s price through futures contracts. In traditional financial markets, spot ETFs typically launch before futures-based products. In the case of crypto assets, including Bitcoin ( BTC ) and Ethereum ( ETH ), futures ETFs have received approval first, and XRP is following a similar path. The announcement of ProShares’ XRP ETFs has contributed to a more positive sentiment around the asset. However, attention is already turning toward the potential launch of a spot XRP ETF, which would involve direct holdings of the token. Asset managers including Bitwise, 21Shares, and Grayscale have filed applications for spot XRP ETFs, and the U.S. Securities and Exchange Commission has formally acknowledged these filings. Based on usual review timelines, decisions could arrive around mid-October 2025, according to Bloomberg data. Outside the ETF space, Ripple’s ecosystem is also expanding in ways that could impact XRP’s long-term utility. Flare Networks, a blockchain platform focused on interoperability, is preparing to launch XRPFi on Apr. 29. This will introduce smart contract functionality for XRP holders, addressing a gap that the XRP Ledger has historically had. XRPFi will enable users to stake, lend, borrow, and trade using FXRP, a wrapped version of XRP. The platform uses Flare’s decentralized oracle system to provide real-time price feeds and decentralized services without requiring users to give up custody of their tokens. These developments, both in financial markets and at the protocol level, help explain why XRP’s price has strengthened in recent days and why market engagement around the asset remains elevated. XRP technical analysis As of Apr. 28, the technical setup for XRP points to a cautiously optimistic outlook, although short-term volatility remains a factor. XRP price chart | Source: crypto.news XRPis currently trading within a range of $2.18 to $2.35, with support established at $2.18 and immediate resistance near $2.36. The 14-day Relative Strength Index is positioned at 51, indicating strengthening bullish momentum and reinforcing the possibility of a developing upward trend. Alongside this, the 50-day moving average has been rising steadily, signaling that XRP’s short-term momentum remains positive. The 200-day moving average, which has been trending upward since late January, continues to support the broader view that the longer-term trend is healthy. Despite these positive indicators, some caution remains necessary. XRP has recently pulled back below a rising parallel channel, a technical development that raises concerns about the sustainability of the current rally. If the price fails to reclaim resistance near $2.36, there is a risk that it could decline toward $2.10 or lower in the near term. If buyers are able to push XRP above the $2.50 level, the asset could open a path toward the $3 mark, a level last reached in January 2025. In the coming days, how XRP behaves around these key levels will be important in shaping its next direction. Ripple price prediction XRP’s price predictions indicate a cautiously optimistic outlook. Various analyses and forecasting tools present a range of possible outcomes across both the short and long term. One perspective comes from a technical analysis by Dark Defender, who has applied Elliott Wave theory to XRP’s long-term chart. People are getting distracted, but don’t be. Next week might be volatile. #XRP will continue to climb to the top. I will make a projection for you for the Bull Run! Tick-Tock ⏰ pic.twitter.com/vBKuakitne — Dark Defender (@DefendDark) April 27, 2025 According to his view, XRP is currently completing a corrective phase, identified as Wave (4), within a descending wedge pattern. The expectation is that a breakout could occur soon, initiating Wave (5), which would likely represent a strong upward move. Based on Fibonacci extension levels, the primary target is around $5.85, with the minimum breakout confirmation seen if XRP moves above $3.39. A more speculative scenario, which depends on broader market conditions, suggests potential upside as high as $8.50. However, this remains a secondary case rather than the core expectation. Meanwhile, according to CoinCodex, XRP’s five-day projection points toward a possible rise to approximately $2.51, in line with the continuation of the recent positive trend. Their one-month and three-month forecasts, however, show a potential pullback, with targets near $1.99 and $1.69 respectively, suggesting that while immediate momentum could stay positive, a period of consolidation or retracement cannot be ruled out. Amid this, DigitalCoinPrice provides a longer-term outlook extending through 2030. For 2025, they project an average price around $4.90, with a potential high near $5.09. Their forecasts for the period between 2026 and 2030 indicate a gradual climb, with XRP potentially reaching an average price of $12.21 by the end of the decade. As always, it is important to remember that this remains a technical outlook based on historical price behavior. Real-world factors, liquidity conditions, and broader market sentiment will ultimately determine whether this projected path materializes. Trade wisely and never invest more than you can afford to lose.

Original article from crypto_news


Source: crypto_news
Published: April 28, 2025

Author