XRP Price Prediction: Potential Rebound Amid Macroeconomic Turmoil Eyes $1.07 Target

As the cryptocurrency market navigates through turbulent macroeconomic conditions, XRP shows signs of resilience with predictions hinting at a potential rebound. Here’s a closer look at the factors influencing its future trajectory.

XRP Price Prediction: XRP Rallies Amid Macroeconomic Challenges

March has proven to be a tough month for the markets, with XRP experiencing sharp losses amid growing macroeconomic headwinds. A mix of trade disputes, looming recession concerns, and cautious investor sentiment has triggered widespread sell-offs across equities, crypto, and commodities. Despite this, there are forecasts that XRP could still hit $1.07. Some believe the current drop may mark the 2025 cycle bottom before a likely rebound in Q2 through Q4.

Coinbase Seeks CFTC Approval for XRP Futures Contracts

Coinbase has submitted a request to the U.S. Commodity Futures Trading Commission (CFTC) to introduce futures contracts on XRP, scheduled to launch on April 21, 2025. This product could provide investors with a new way to speculate on one of the most liquid digital assets without having to hold the token directly. Each contract will represent 10,000 XRP, approximately at the current price of $2 per token, and will be traded under the symbol XRL. These contracts will be available for the current month as well as for the following two months. Coinbase is the largest Ethereum node operator and emphasizes that this is an innovative and regulated derivative product.

XRP Price Prediction: Ripple CTO’s Bold Forecast Sparks Debate

Ripple’s Chief Technology Officer, David Schwartz, has sparked debate by suggesting that a higher XRP price could significantly improve transaction efficiency. As XRP struggles to maintain its $2 support level, traders and investors weigh the possibility of a downturn or rebound. Schwartz argues that a higher XRP price would reduce the number of tokens required for large transactions, enhancing its utility within Ripple’s ecosystem.

Ripple’s XRP Potential Price Surge on SEC Move and ETF Approval

The crypto industry is buzzing with news that the United States Securities and Exchange Commission (SEC) and Ripple Labs might finally resolve their legal dispute. Eleanor Terrett from Fox Business hinted on March 12, 2025, that insiders believe the SEC is ready to conclude its fight with Ripple after hashing out the final details. This potential resolution could significantly impact XRP’s price and the broader crypto market. The Ripple vs. SEC saga has been ongoing since late 2020, with Ripple’s lawyers attempting to tweak a July 2023 ruling that imposed a $125 million fine, far less than the $2 billion sought by the SEC. The SEC appealed in October 2024, adding more spice to the legal battle.