TLDR
- XRP currently priced at $ 2.08, showing an increase of 13.7% from last week’s low at $ 1.93
- Ripples acquisition of $ 1.25 billion by Hidden Road aims to integrate XRP into traditional financing
- Coinbase recently launched CFTC-regulated XRP Future Agreement through its derivative arm
- XRP network activity increased by 67.5% between 19-20 April, before Coinbase XRP-Futures debut
- Some analysts project long-term price goals as high as $ 100, potentially between 2035-2040
XRP stays stable at $ 2.08, which marks a recovery of 13.7% from last week’s low at $ 1.93. The price action has formed what technical analysts describe as a bull flag pattern, which usually indicates the potential for continued movement upwards.
Support is currently at $ 2.08, with traders focused on the critical $ 2.15 resistance level. If it is broken, this can open roads to targets to $ 2.28 and $ 2.35, which corresponds to Fibonacci extension levels that many traders use for price forecasts.
Cryptocurrency has shown resilience by maintaining its position over the $ 2 brand despite a broader market uncertainty. This stability has encouraged both retail investors and major market participants to continue to gather digital access.
Ripple’s strategic acquisition increases institutional appeal
Ripple’s latest acquisition of $ 1.25 billion by Prime Broker Hidden Road represents a major strategic move. Hidden Road is an established player in institutional finance that deals with over $ 10 billion in daily transactions.
The acquisition aims to integrate the XRP book into traditional financial systems. This can reduce settlement times from the current standard of 24 hours to just 3-5 seconds.
This development positions XRP as a challenger for institutional class solutions. Integration complements Ripples’s existing infrastructure and can drive increased assumptions among financial institutions.
Ripples Rlusd Stablecoin also gets traction on the market. Completely supported by USD deposits and liquid funds, it has reached a market value of $ 244 million since the launch of December.
Stablecoin is now incorporated into Hidden Road’s security services. This expands Ripple’s presence in cross -border payments and creates a bridge between digital assets and traditional financing.
Coinbase launches XRP Futures with the approval of the legislation
In another development Increase XRPs Institutional access, Coinbase has launched CFTC-regulated XRP futures agreements through its derivative arm. The launch received legislative approval after Coinbase submitted to self -certify the product earlier this month.
The Futures contracts went live on April 21, following a rapid approval from the Commodity Futures Trading Commission. This approval comes in the middle of CFTC’s latest efforts to facilitate entry barriers in the crypto derivatives sector.
The data on the chain shows that XRP active addresses increased dramatically just before the launch of the future. The number of active addresses jumped from 27,352 to 40,366 between April 19 and April 20, which represented an increase of 67.5% in network activity.
This nail proposes growing commitment from both retail and institutional participants. Many market observers believe that this increased activity directly relates to the expected expansion of market access through derivatives.
Market Eentiment and price forecasts
Despite this positive development, XRP’s spot price has seen a modest decline of 1.26% over the past 24 hours. This reflects the broader market consolidation and the investor’s caution, which is typical during periods of structural change.
For technical traders, XRP remains in a tight interval between support to $ 2.04 and resistance to $ 2.15. A breakout over $ 2.15 can set higher goals of $ 2.18 and $ 2.24 in play, while the long -term trend line remains intact.
Some market analysts have very optimistic long -term forecasts. Edoardo Farina, founder of the Trading Group Alpha Lions Academy, suggests keeping 1,000 XRP symbols may yield life-changing returns in the coming years.
Holding only 1,000 $ XRP May be a life -changing decision in the coming years.
– edo flour 🅧 xrp (@edward_farina) April 21, 2025
More conservative analysis from Market Resource Changelly Projects XRP can reach $ 100 between 2034 and 2040. Telegaon offers similar time frames, indicating that the $ 100 milestone can be realized between 2035 and 2040.
These forecasts require significant growth from the current price point for $ 2.08. At $ 100, XRP would have to achieve an increase of 4,900% from today’s valuation.
Data from Santiment confirms that investors over different size categories have been collecting XRP since February. Addresses that hold between 1,000 and 100 million XRP tokens have collectively added $ 1.63 billion to a value of over $ 3.2 billion during this period.
The next key level for traders to look at remains the resistance zone of $ 2.15. A clean break above this level with increased volume would probably confirm the continuation of the hausse -like pattern that is currently formed on the lists.
