- XRP maintains bullish strength above $1.83, signaling momentum for further upside.
- April forecast predicts 62–70% rally after wick dip toward $1.79–$1.90 support.
- XRP ETF hopes rise as legal clarity and Coinbase futures attract institutions.
XRP appears to be entering a powerful phase in its market cycle, drawing attention from both technical analysts and institutional players. A mix of chart patterns, legal resolutions, and upcoming product launches suggests that the digital asset may be gearing up for a significant rally.
While the cryptocurrency market remains volatile, XRP’s recent behavior around its 200-day Moving Average, along with bullish chart forecasts and regulatory developments, provides strong reasons for optimism.
According to popular crypto analyst EGRAG CRYPTO, XRP has historically shown consistent interactions with its 200-day Moving Average (200 MA) during bull runs. These moments often act as springboards for massive price moves.
XRP’s past cycles in 2017 and 2021 followed a similar path retesting the 200 MA, followed by strong bullish momentum. Now in 2025, XRP is once again respecting this technical level, potentially setting the stage for another climb. The key breakout level of $1.83 has turned into strong support, and price consolidation above this level indicates strength in the ongoing uptrend.
#XRP – 200 Daily MA:
— EGRAG CRYPTO (@egragcrypto) April 3, 2025
We consistently touch the 200 Daily MA during #BullRuns, and then we keep making higher highs! 🪜
Men lie, women lie, but charts never lie! 💯 pic.twitter.com/0OOR4EcHEA
Forecast Signals April Volatility and Long-Term Upside
EGRAG CRYPTO also shared a forecast for XRP’s April candle formation. He expects price swings in both directions, with a likely wick down to $1.90–$1.79 before retesting upper resistance at $2.80–$3.00.
This movement is part of what the analyst refers to as the “boredom phase” a quiet consolidation period before a potential explosive move. From the lower wick, XRP could rise by 62–70%, suggesting significant upside in the short term.
#XRP – April Candle Formation Forecast
— EGRAG CRYPTO (@egragcrypto) April 2, 2025
April is shaping up to be a dynamic month where we’ll see tests at both ends of the range. Here's what to expect:
1⃣ Lows Testing: #XRP will likely revisit the lows around $1.90-$1.79—this will be a wicking process.
2⃣ Highs Testing:… pic.twitter.com/6RqfsLX5OS
As of press time, XRP trades at $2.06 with a market cap exceeding $120 billion. Despite a weekly dip of nearly 9%, the asset continues to attract attention. Moreover, the recent legal resolution with the SEC resulting in a reduced fine and case closure has removed a major cloud hanging over XRP for years. This settlement could also open doors to the approval of a spot XRP ETF in the US.
Coinbase Futures and Institutional Interest Strengthen XRP’s Position
Adding to the momentum, Coinbase Derivatives filed with the CFTC to self-certify XRP futures contracts, targeting an April 21 launch. This development offers a regulated way for traders to gain XRP exposure without holding the token directly. Significantly, Coinbase’s move follows the success of its Solana and Hedera futures offerings.
