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Cryptocurrency News Articles
Will XRP Price Surge to $5 as Bitcoin Breaks Past $84,000?
Apr 11, 2025 at 11:00 pm
With Bitcoin surging past $84,000 after the U.S. government paused sweeping global tariffs, the ripple effects are being felt across the crypto market—especially for XRP.
With Bitcoin price surging past $84,000 after the U.S. government paused sweeping global tariffs, the ripple effects are being felt across the crypto market—especially for XRP. Traders and analysts now believe that improved macroeconomic sentiment, combined with Ripple’s ongoing legal clarity and bullish technical patterns, could fuel a major price breakout for XRP.
As optimism builds, the question resurfacing is: Could Ripple’s native token finally reclaim its all-time highs and surge toward the elusive $5 mark?
Ripple’s (XRP) Price Outlook: Signs of a Major Upside
Ripple XRP price charts are flashing encouraging signs for traders. Technical analysts have observed a symmetrical triangle pattern on the charts, which often precedes sharp price movements.
With XRP currently trading above $2, the token sits just below a resistance level at $2.20. A decisive break past this point could set off a price rally reminiscent of XRP’s 2021 run.
“If XRP breaches the $2.20 mark, we could be looking at a scenario similar to the 2021 breakout, possibly reaching between $5 and $6,” a Cryptopolitan report noted, citing market analysts.
XRP last approached these levels in early 2018, when it briefly surged to $3.84. Since then, it has faced volatile market conditions, heightened regulatory pressure, and extended legal battles. Nevertheless, this time around, broader macroeconomic shifts and growing institutional interest may give Ripple a stronger foundation for sustained growth.
Ripple Lawsuit and Regulatory Landscape
The long-running SEC Ripple lawsuit continues to cast a shadow over XRP’s future. Since late 2020, the U.S. Securities and Exchange Commission has alleged that Ripple conducted unregistered securities offerings through XRP sales. While the case has dragged on for years, there are emerging signs that the tide may be turning.
A settlement in the SEC vs. Ripple case is reportedly pending final commission approval, expected within the next 72 hours.
Recent reports suggest that the SEC might reduce its penalty demands to $50 million—down from previous figures exceeding $700 million. This development, coupled with progress on a stablecoin bill in Congress, could offer regulatory clarity that benefits Ripple and the broader crypto industry.
“Clarity could change the game. A favorable court outcome might remove a key overhang on XRP and set the stage for institutional investment,” one analyst wrote.
Ripple CEO Brad Garlinghouse has consistently argued that XRP is not a security and should not fall under the SEC’s jurisdiction. A final ruling in Ripple’s favor would not only vindicate Garlinghouse’s stance but also boost XRP’s legitimacy as a bridge currency between traditional finance and blockchain-based payment networks.
Bitcoin (BTC) Surge Inspires Altcoin Optimism
Bitcoin’s recent breakout above $84,000—triggered by former U.S. President Donald Trump’s reversal on global tariffs—has triggered bullish shockwaves throughout the crypto cosmos. Trump’s revised tariff stance soothed trade war anxieties, triggering a rally in U.S. equities and a 5.5% rise in the crypto market in general.
This macroeconomic setup has been favorable to digital assets. It is estimated by analysts that a rally in Bitcoin to $100K would have the momentum required to drive altcoins such as XRP to new year-to-date highs.
“Bitcoin’s run is typically a precursor to altcoin movement. If Bitcoin breaks above $88,000 and pushes towards $100K, XRP could catch the wave to try the $5 level,” said Merlijn the Trader.
Expectations of interest rate cuts from the U.S. Federal Reserve offer a further tailwind for cryptocurrencies. As liquidity flows from traditional markets into risk-on assets, XRP could benefit from increased speculative interest.
Network Growth and Whale Activity
While institutional movements often raise eyebrows, retail enthusiasm around Ripple XRP continues to strengthen. Blockchain analytics from Glassnode revealed that XRP wallets holding at least one token have reached an all-time high of 6.26 million—signaling robust grassroots adoption.
Meanwhile, a massive transfer of 230 million XRP between Kraken wallets recently sparked market chatter. Though initially perceived as whale accumulation, it was later identified as a routine internal transfer for liquidity management. Still, such large transactions underline the scale at which XRP operates within major crypto exchanges.
Despite these movements, XRP price held firm near the $2 level, recovering swiftly after a minor dip. Its market cap now sits above $116 billion, supported by a daily trading volume of over $8 billion.
Real-World Utility and Technology Enhancements
Ripple’s ongoing efforts to enhance its blockchain infrastructure further contribute to its potential for growth. The Ripple ledger remains optimized for speed
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- Macroeconomist and investment strategist Lyn Alden revises her Bitcoin (BTC) price prediction to $80,000
- Apr 19, 2025 at 08:20 pm
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- Bitcoin (BTC) Withdrawals from Exchanges Point to Growing Investor Confidence
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