* On the 4-hour timeframe, XRP shows a bullish trend, with the 50-day moving average pointing upwards.
* The 200-day moving average since April 21, 2025, is pointing downwards, indicating weakness in the trend on this timeframe. However, on the daily chart, the 200-day moving average since March 27, 2025, is pointing upwards, indicating a strong trend.
* The Relative Strength Index (RSI) is in the neutral zone (30-70), indicating a neutral price trend in the short term. However, bullish divergence is observed, which may signal a price reversal.
* Some analysts believe that if XRP can hold above the $2.20 level, the target could be the range of $2.30-$2.45 by the end of April, with further growth potential up to $3.00.
* Key support levels are $2.00-$2.05, while resistance levels are $2.20-$2.27 and $2.50-$3.00. A breakout above $2.33 could neutralize the negative signal.
* Analyst Egrag Crypto suggests that without a breakout above critical levels, XRP could fall to $1.25. To cancel this forecast, XRP needs to hold above $2.33 and regain the $2.45 level.
Fundamental factors and news:
* The launch of the XRP ETF on April 30, 2025, is a significant event that could boost liquidity and institutional acceptance, potentially leading to price increases. Some forecasts suggest a short-term target of $2.70, and in the long term, with high demand for the ETF, even up to $27 or $120.
* Speculation continues regarding the spot XRP ETF, adding optimism to long-term forecasts.
* Ripple has acquired Hidden Road for $1.25 billion, becoming the first cryptocurrency company to own and operate a global multi-asset prime broker.
* Ripple President Monica Long confirmed that the company does not plan to go public in 2025.
* Analysts note the formation of a bullish pattern 'descending triangle' on the XRP chart, suggesting potential growth to $6.5 in the coming months after breaking the resistance level around $3.00.
* Activity around DeFi projects on the XRP Ledger, such as XenDex and XploraDEX, is increasing.
Analysts' forecasts:
* Various analysts provide a wide range of forecasts for 2025, from $1.81 to $17, with an average forecast of around $6.23.
* Standard Chartered forecasts $5.50 by the end of 2025.
* CoinPedia expects $5.81 in 2025.
* Changelly is more cautious, predicting $2.05 for 2025.