XRP Defies Security Breach, Eyes $3.00 Amid Market Optimism
Despite a significant security breach on its ledger, XRP has surged 8% to $2.22, fueled by shifting market sentiment and broader crypto gains. Political and macroeconomic developments, including former President Donald Trump’s remarks on Federal Reserve policy, have ignited Optimism across risk assets. Technical indicators now suggest a potential climb toward $3.00, bolstered by strong market momentum.
XRP Price Surges Despite Security Breach
XRP defies a significant security breach on its ledger, surging 8% to $2.22 as market sentiment shifts. The rally aligns with broader crypto gains fueled by political and macroeconomic developments. Former President Donald Trump’s remarks on Federal Reserve policy—pledging no dismissal of Chair Jerome Powell while advocating for rate cuts—ignited optimism across risk assets. Technical indicators now point to a potential climb toward $3.00, bolstered by institutional interest. Bitcoin, Ethereum, and Solana mirrored the uptick, reflecting renewed trader confidence. Security concerns, typically a drag on asset prices, were overshadowed by the macro-driven momentum.
XRP Leads $6M Crypto ETP Rebound as Ether Declines
Crypto exchange-traded products (ETPs) experienced a modest rebound in mid-April 2025, with $6 million in inflows after suffering more than $1 billion in outflows during the previous two weeks. The recovery, though slight, was buoyed by mid-week economic data that injected cautious optimism into the market. XRP emerged as a standout, attracting $37.7 million, while Ether faced headwinds with $26.7 million in outflows. Despite the mixed performance, the broader crypto ETP market saw its assets under management (AUM) edge up 1.4% to $131 billion. Notably, US issuers underperformed, lagging behind their global counterparts in capitalizing on the tentative resurgence.
XRP Price Dips Below $2.20 Amid Bullish Sentiment for $2.30 Breakout
XRP retreated below $2.20 after briefly touching $2.299, with its current price hovering at $2.19636. A decisive breakout above $2.30 could propel the token toward higher resistance levels at $2.350, $2.450, and ultimately $2.50.
Network activity signals growing retail interest, with active addresses surging 67.5%—a metric often preceding sustained price appreciation. The asset recently mirrored Bitcoin and Ethereum’s bullish momentum, breaching key resistance at $2.10 and $2.120 before encountering profit-taking pressure.
Technical indicators show mixed signals. While the price dipped below the 23.6% Fibonacci retracement level and broke a bullish trend line at $2.220, it maintains crucial support above both the $2.20 psychological level and the 100-hour moving average. Market participants now weigh whether this correction represents a healthy consolidation or the beginning of a deeper retracement.
Crypto Expert Predicts $1,000 XRP: Can Ripple Repeat Bitcoin’s Rise?
XRP is retesting critical support levels after a brief rally, sparking renewed speculation about its long-term potential. Crypto commentator BarriC argues the asset could eventually reach $1,000 per token, drawing parallels to Bitcoin’s historic ascent.
Market participants are divided on the feasibility of such targets. While XRP’s current price action remains subdued, the prediction hinges on a psychological shift where $100 per token becomes an accepted baseline—a scenario that would require unprecedented adoption and liquidity.
