XRP: Bulls Struggle to Break Resistance, Future Moves Uncertain

A summary of the latest developments and price predictions for XRP, Ripple’s cryptocurrency.

XRP Bulls Fight Back—Is a Major Move Coming?

XRP price started a fresh decline below the $2.080 zone and failed to clear the $2.20 resistance. The price is now recovering but might face hurdles NEAR the $2.150 level. It is trading below $2.120 and the 100-hourly Simple Moving Average. A connecting bearish trend line is forming with resistance at $2.10 on the hourly chart. If the pair fails to clear the $2.150 resistance zone, it might extend losses.

Ripple (XRP) Bullish Price Prediction For April 2025

Ripple’s XRP is currently trading around the $2.10 mark after a mostly flat March. It started March at $2.28, touched a high of $2.94, but closed the month near $2.12. A recent price prediction suggests that XRP could experience double-digit growth in April 2025, potentially rewarding investors who take an entry position now.

Ripple (XRP) News: Record-setting Minting of RLUSD

Ripple’s native token XRP has underperformed despite the end of its lawsuit against the SEC. However, its native stablecoin RLUSD has seen a positive development with a record-setting mint of 50 million tokens in the past 24 hours. RLUSD is currently the 12th-largest stablecoin in the crypto market with a circulating supply of just over 240 million tokens.

XRP Whales Sell $2.3 Billion Supply; Price Nearly Fell Below $2

Whale activity has been a major factor contributing to the recent decline in XRP’s price. Addresses holding between 100 million and 1 billion XRP have sold over 1.12 billion XRP, worth $2.34 billion, in the past seven days. This selling activity reflects a cautious outlook for XRP and indicates uncertainty in the market. Key investors are trying to offset the negative impact, but further bearish trends could follow if the selling continues.