XRP has encountered stagnation despite positive events, with resistance at the $2.56 level holding strong.
Long-term holders (LTH) continue to accumulate XRP, providing stability amidst market uncertainty.
XRP could rise above the level of $2.56 and reach a value of $3.00 if market conditions improve, but there is a risk of further decline if support levels fail.
XRP has experienced stagnation in recent weeks, with its price unable to find a clear direction. Following a series of recent bullish events, the macro price action of the altcoin shows signs of saturation. Investors are likely wondering how XRP will perform in April.
Despite positive catalysts, XRP remains in a consolidation phase, making it difficult to predict its next move.
Expectations for XRP in April 2025
Temujin Louie, CEO of Wanchain, spoke with BeInCrypto about the impact of these external catalysts but leaned towards the view that they will not trigger any significant increases.
Meanwhile, the ongoing buzz and discussions around the XRP ETF are also affecting volatility. Investors expect price increases due to the potential new XRP ETF.
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