#XRPETF Here's an update on the XRP coin pair:
Current Price and Market Status
- Current Price: $2.18
- Market Cap: $130.19 billion
- Open Price: $2.19
- High Price: $2.21
- Low Price: $2.16
- Percent Change: -0.52%
Recent Developments
- XRP has hit an April high on buzz surrounding potential approval of a US-based XRP exchange-traded fund (ETF) and growing expectations of a resolution in the long-running XRP lawsuit.
- Ripple CEO Brad Garlinghouse revealed a preliminary agreement with SEC staff, potentially leading to a settlement fine of $125 million.
- XRP's price faces resistance around $2.20, but the crossover between 50 and 100-EMA indicates bullish momentum ¹ ².
Trading Pairs and Exchanges
- XRP is available on various exchanges, including Binance, Gemini, and Kraken, with trading pairs such as XRP-USD, XRP-USDT, XRP-EUR, and XRP-GUSD.
- Gemini has listed XRP perpetual contracts with GUSD pairs, allowing users to manage risk and generate returns ³.
Future Outlook
- XRP's price path will likely be shaped by the SEC's final decision on the appeal, the official terms of the Ripple settlement, and progress toward a US-based XRP ETF.
- Analysts predict XRP could target its all-time high of $3.55 or even $5 if institutional demand accelerates ¹.