Major note
- The price of XRP to close on April on a positive note, for the first time in 3 years.
- The growth of the coin stems from positive progression within the Ripple Labs Ecosystem.
- Expectations of continuous rapid reversal are now closely tied to the normal market point of view.
Ripple Labs-supported XRP is looking at the rebound more rapidly after breaking the trend of negative development of three years. According to historical data, after three years of trading red in April, XRP is now back in green.
XRP steams
The XRP has joined the list of top crypto gainers amid the recovery of a common market in recent weeks. XRP Bulls are gearing up as historical data from this month Cryptorenk Shows a breakout at the price of three years in April.
According to the data, the price of XRP increased to 9.03%in April 2025. The rally symbolizes a significant change for XRP, which caused continuous damage in April 2022, 2023 and 2024. The losses were 27.8%, 12.4%and 20.8%respectively.
The recovery of XRP this month is not surprising. The digital asset has seen an average of 25.1% growth over the last 12 years, with the average growth as the fourth best month.
The development of the latest ecosystems partially runs a change in emotion. These include XRP ETFs, Ripple vs. SEC Saws Resolution, Hidden Road acquisition and possible IPO launch.
Top asset managers including Grassscale Investments, Bitwise, Canary Capital and Wisdomistry have filed a spot XRP ETF with the US SEC to list ETFs. Palimarket has increased the XRP ETF approval obstacles in the US by the end of 2025.
The US SEC has accepted the bitwaise spot XRP ETF in the 19B -4 filing and posted the Spot XRP ETF 19B -4 filing of Grassscale on the Federal Register. SEC’s acknowledgment has increased further approval obstacles, promoting optimistic feelings in XRP value.
The disintegration of the long -standing court case between Ripple and SEC is another important event that helped to increase the price of XRP. The disintegration of the case has strengthened XRP as a valid asset.
Ripple’s RLUSD StableCoin is also in the headlines, recently more than $ 124 billion with a combined volume. RLUSD’s market cap currently exceeds $ 317 million, while the trading volume has increased by $ 39 million.
XRP price analysis
Data of coinmarketcap suggests that the XRP price was trading down $ 2.28%, 1% below in the last 24 hours. The XRP increased by 7.1% and 6.5% respectively within the last week and month. However, market activity remains low as is indicated as a daily trading volume. This metric has come down by 37% to $ 2.9 billion.
XRP value chart. Source: TradingView.com
Technical analysis suggests that XRP is broken from a long-lasting descending channel and is trading above 50, 100 and 200-day EMAs. If it maintains this trend, analysts believe that XRP can easily climb from $ 2.50 to $ 3. This is even more important in light of large market structure.
In addition, many XRP traders consider the April speed of the coin as a rapid pace, hoping that it will follow its historical pattern this month.
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Benjamin Godfrey is a blockchain enthusiastic and journalist who writes about the real -life applications of blockchain technology and innovations that are to run general acceptance and integration of emerging technology worldwide. His desire to educate people about cryptocurrency inspires his contribution to the famous blockchain media and sites.
