XRP Eyes $2.50 as Steady Recovery Gains Momentum

Ripple (XRP) is demonstrating a strong recovery, currently trading around $2.32, marking a 7% gain in the past 24 hours and a 10% increase over the week. The token has rebounded from an early April low of $1.64, driven by positive momentum and ecosystem updates. Traders are now targeting the $2.50 level as the next key resistance, with a break above this threshold potentially signaling a return to larger macro trends. The steady upward movement suggests growing confidence in XRP’s future prospects, making it a cryptocurrency to watch closely in the coming weeks.

Ripple Rally Holds Above $2.30 as XRP Eyes Bigger Targets

Ripple (XRP) is showing signs of a steady recovery after a period of stability in April. The token, now priced around $2.32, has gained 7% in the past 24 hours and 10% over the week, rebounding from an early April low NEAR $1.64.

Positive momentum and ecosystem updates are fueling the rally, with traders eyeing the $2.50 level as the next key resistance. A break above this threshold could signal a return to larger macro trendlines for XRP.

Technical analysis suggests the current bullish trajectory may have room to run, though the $2.50 wall remains a critical test for the token’s near-term prospects.

XRP Price Surges 10% Amid Growing Demand and Holder Optimism

XRP’s price has climbed nearly 10% over the past week, fueled by increased demand, a spike in new addresses, and reduced selling pressure from long-term holders. The altcoin now trades at $2.33, with market indicators suggesting potential for further gains toward $2.50.

A sharp drop in XRP’s liveliness metric reflects growing investor confidence and stronger holding behavior. Long-term holders—wallets retaining the token for at least 155 days—have notably scaled back sell-offs, contributing to the bullish momentum.

Renewed interest in the broader crypto market has reignited trader activity around XRP. The combination of technical signals and shifting holder dynamics paints a constructive outlook for the asset.

Ripple’s $1.25B Hidden Road Acquisition Targets $16T Institutional Market

Ripple’s strategic acquisition of institutional brokerage Hidden Road for $1.25 billion signals a deliberate pivot beyond cross-border payments. The deal positions the crypto firm to capture a slice of the $16 trillion institutional market, leveraging Hidden Road’s infrastructure that processes over $3 trillion annually for 300 institutional clients.

Legal analyst John Deaton characterizes the move as Ripple’s quiet entry into high-stakes institutional finance. The transaction transforms Ripple from a payments specialist into a potential cornerstone of next-generation financial infrastructure.

Will the New XRP Futures ETF Ignite a Price Surge to Unseen Heights?

XRP gains momentum as the SEC approves the first XRP futures ETF, marking a pivotal shift in the crypto landscape. The ProShares XRP futures ETF debuts on April 30, sparking enthusiasm among investors and potential mainstream adoption.

XRP has broken through a significant $2.05 resistance level, indicating a possible bullish trend with eyes on a new target of $2.60. Technical indicators such as RSI and MACD suggest optimism, but short-term analysis hints at potential volatility and caution.

The approval of the futures ETF is anticipated to pave the way for future spot ETFs, resembling Bitcoin’s progression. Investors watch closely as April concludes, with expectations high for XRP’s impact on the broader cryptocurrency market.