XRP Bulls Eye $2.15 Resistance Amid Renewed Market Optimism

Ripple’s XRP is gaining momentum this week, with its price nearing a critical resistance level of $2.15. The altcoin has shown resilience, climbing nearly 1% in a single day and over 2% across the past week, reaching $2.09. This upward movement aligns with a broader market recovery, as the global crypto market cap rose by 1% to $2.69 trillion. XRP’s outperformance is attributed to renewed legal clarity surrounding Ripple and increasing institutional interest. As of April 20, 2025, traders are closely watching whether XRP can break past the $2.15 resistance, a milestone that could signal further bullish momentum.

XRP Price Analysis: Can Bulls Push Past $2.15 Resistance This Week?

Ripple’s XRP is making waves again this week. During mid-week trading, the altcoin rose nearly 1% on the day and over 2% across the past week, climbing to $2.09. While the broader crypto market is gaining traction, with a 1% uptick pushing the global market cap to $2.69 trillion, XRP is once again outperforming thanks to renewed legal clarity and a surge in institutional buzz. Much of this renewed confidence comes from Ripple’s long-awaited settlement with the SEC. After a four-year legal tug-of-war, Ripple agreed to a $50 million penalty, significantly down from the originally proposed $125 million. That move lifted a massive cloud that had been hanging over Ripple for years.

Hidden Road Secures FINRA License, Ripple Acquisition Awaits Approval

Hidden Road Partners CIV US LLC has obtained a broker-dealer registration from FINRA, enabling it to expand its fixed-income prime brokerage services. The firm is set to be acquired by Ripple for $1.25 billion, pending regulatory approval. Post-trade systems are expected to migrate to XRPL for faster and cost-efficient settlements.

Ripple Takes Asia By Storm With New XRP Product

Ripple is breaking into the Asia market with a new XRP product in partnership with HashKey Capital. The asset manager is launching Asia’s first XRP Tracker Fund, with Ripple as an early investor. This move represents a significant step in expanding institutional access to XRP. HashKey Capital chose XRP because it is at the forefront of cross-border payments, thanks to Ripple’s payment services, enabling faster, cheaper, and more efficient transactions than traditional systems like SWIFT.

Brad Garlinghouse Dismisses Chances of Ripple IPO in 2025

Brad Garlinghouse, the CEO of Ripple, has dismissed the chances of the company going public in 2025. In a video shared by crypto investor Xaif, Garlinghouse mentioned that Ripple doesn’t need to raise capital and has never needed outside funding. He emphasized that companies typically go public to raise capital, but it has never been a necessity for Ripple. This statement reflects the growing acceptance of Ripple as a financial entity within the crypto industry, separate from the need for raising capital using public markets. The post by Xaif also highlights Ripple’s self-sustaining nature and focus on building rather than seeking funding.

XRP Price Stability Tested; Yeti Ouro’s P2E Model Garners Attention

XRP, traditionally more stable than most meme coins, is currently being tested by legal and market uncertainty, trading in a narrow $2 – $2.10 range. Meanwhile, Yeti Ouro’s presale has garnered over $3.3 million in investments in just a few weeks, indicating investor interest in blockchain projects with real-world use cases, particularly in the GameFi sector. Despite suggestions for XRP to be added to a U.S. strategic crypto reserve, SEC nagging and Ripple’s court battle continue to affect its price.

Veteran Analyst Peter Brandt Warns of Major Correction for XRP

On April 18, veteran analyst Peter Brandt shared his updated analysis on XRP, projecting two possible scenarios for the token’s market capitalization by year’s end. The first scenario places XRP’s market cap around $116.67 billion, while the second offers a more bearish outlook of just above $60 billion. Both figures imply a decline from XRP’s current valuation of roughly $2.09 per token at a market capitalization of $121 billion. Brandt’s analysis is based on a technical pattern he previously identified on XRP’s price chart, resembling a classic head-and-shoulders setup that often signals a trend reversal.