Introduction
The XRP coin experienced notable price fluctuations during April 2025, driven by multiple technical and fundamental factors. Here are the key points regarding its performance for this month based on the latest data available as of April 27, 2025:
*1. Daily price volatility:
- April 9, 2025: XRP traded around $1.8280, down 1.21% over 24 hours, fluctuating between $1.72 (low) and $1.97 (high).
- April 8, 2025: The price rose by 5.81% to $1.8932, fluctuating between $1.74 and $2.00.
- April 10, 2025: Forecasts indicate a support range between $1.75–$1.80 and resistance at $2.00, with a possibility of testing $2.30 if resistance is broken.
2. Factors influencing the price:
- Global policies: Such as new tariffs in the US under the Trump administration, leading to downward pressure on the price.
- Institutional adoption: CME's decision not to list XRP futures negatively impacted short-term confidence.
- Supply and demand: Decreasing supply due to the Burn Mechanism, which could support the price in the long term.
- Regulatory factors: Expectations of easing restrictions under the Trump administration, especially after Ripple's settlement with the SEC.
*3. Technical forecasts and analysts:
- Bullish analysis: Analysts like Cryptarch predict the price will rise to $6.5 (a 200% increase), testing resistance levels at $2.49, $3.00, and $3.39, especially if it consistently surpasses $3.
- Bearish scenario: Analyst Ak47 predicts a drop in price to $1.4 due to a breakdown of technical support and negative global sentiment.
- Medium-term outlook: Some models focused on a range of $2.00–$2.50 in the absence of significant news.
4. Potential future factors:
- Launch of XRP futures: CME is set to launch cash-settled futures for XRP on May 19, 2025, which could enhance liquidity and institutional demand.
- Integration of the XRPL network: If the network processes 30% of the Hidden Road transaction volume ($1.5 trillion annually), it could lead to a price increase to $5–$7 in the short term, and $20–$30 over 2-3 years.
5. Monthly performance overview:
XRP started April 2025 at around $1.89, peaking at $2.00 on April 8, and hitting a low of $1.72.
On April 9. Data indicates that the month saw sharp fluctuations due to political and regulatory factors, with investors focusing on future developments such as institutional adoption and court decisions.