XRP Price Prediction Shows Bullish Momentum After Coinbase Lists Its Futures Contracts

Today, we have some positive XRP news, which can be a force that leads to a reversal. This is because one of the biggest crypto exchanges has now added XRP futures contracts to its platform.

The cryptocurrency market continues to show interesting trends, with Ripple’s XRP being a subject of recent discussion. Today, XRP seems to have gotten into a bearish channel, falling to touch the $2.08 level. This fall marks a nearly 1.64% daily decrease in the value of XRP. However, today, we have some positive XRP news, which can be a force that leads to a reversal. This is because one of the biggest crypto exchanges has now added XRP futures contracts to its platform. Additionally, we have a short-term XRP price prediction, which reveals the price target in the event of such a reversal.

Nano vs Full XRP futures – What’s the Difference?

Recently, Coinbase Institutional announced that it is going forward with adding XRP futures to the platform. This feature is now CFTC-certified and has been available on Coinbase Derivatives LLC. This development comes as an update to the previous request filed by Coinbase to the US Commodity Futures Trading Commission. Based on this filing, Coinbase asked for the approval of the CFTC to self-certify the XRP futures products. As such, it seems that Coinbase’s request has been approved, and the company itself commented on the launch with the words, “Coinbase Derivatives LLC now offers CFTC-regulated futures for XRP.”

Based on the available information, these new futures come in two different kinds of contracts with different focuses. First, there is the institution-focused product, which is a 10,000 XRP contract. Additionally, there is a retail investor-friendly version called nano, which is a 500 XRP contract. This contract comes at nearly $1,000 each with the current value of each XRP token. Both of these contracts are traded in the US dollar. As such, these futures have increased accessibility for both institutional and retail investors and also present useful and essential risk management features.

Is the Ripple SEC Deal Bullish for XRP?

Also, we have other important fundamental developments, such as the recent joint appeal dismissal by both Ripple and the SEC. The court of appeals has put a pause on this lawsuit, giving time for the SEC and Ripple to reach an agreement. The agreement includes a decrease in the fine amount from $125M to $50M. Additionally, another condition is for the ban on XRP institutional sales to be lifted. There is also the recent launch of Teucrium’s 2x leveraged XRP ETF. Both of these recent developments can bring on more investors and lead to a bullish price movement.

Is XRP Gearing Up for a Breakout Above $2.20?

As the chart shows, XRP is continuing the consolidation trend on the lower time frames. The RSI also supports this view as it shows 47, putting it in the neutral zone. The ADX indicator is also in line with this view as it shows a lack of trend strength with its reading of 17. There is also strong support forming at $2.00 and resistance at the $2.20 price level.

XRP/USD daily chart, published on TradingView, April 22, 2025

As we can see from the XRP/USD daily chart, the RSI moving average is becoming more stable, which signals an upcoming change in trend. As such, in the case of a breakout from the $2.20 resistance, the XRP price prediction could reach $2.35. To move further up, the RSI needs to go above 60 and the ADX should be closer to 25. If such conditions are met, we could see an XRP price surge to $2.50.

What’s Next for XRP After the Hidden Road Deal?

Finally, in other positive news, we recently learned about Ripple’s acquisition of the Hidden Road brokerage firm. This purchase is said to help expand the XRP ecosystem and increase the adoption of this token. As such, with fundamentals building up bullish momentum, we can expect an XRP price surge soon.