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XRP has faced a month-long downtrend that saw it dip below the $2 mark, erasing the gains made earlier this year.

Ripple is acquiring the crypto-friendly prime broker Hidden Road in one of the largest deals in the digital asset space. The deal makes Ripple the first crypto company to own and operate a global, multi-asset prime broker.

The crypto market has recorded massive gains in the last 24 hours as President Trump paused country-based tariffs. This lifeline has sparked bull pressure, flipping weekly outflows in most assets.

Despite escalating U.S.-China trade tensions, Bitcoin, Ethereum, and Solana posted strong gains amid investor confidence.

XRP price has surged nearly 10% today, indicating a renewed market interest in Ripple's native asset. Notably, the robust surge comes amid a broader crypto market recovery and several other positive developments like the successful ETF launch in the US.

The Ripple price crash to $1.6 in the previous week took a toll on investors' sentiments. However, things began to move as the on-chain data reveals whales moving 70 million XRP in the last two weeks alone.

So far this year, the price of Ripple's cryptocurrency, XRP (XRP 10.00%), has plunged by more than 10%. That's not too bad when considering its valuation soared by more than 200% in 2024.

It looks like XRP might be gearing up for a big price move as the Bollinger Bands are showing signs that have usually conveyed an upward shift in the cryptocurrency's valuation. This time, they are pointing toward the $2.50 level, which would be a 27% move from its current trading range.

Standard Chartered predicts XRP could reach $12.5 by 2028, driven by Ripple's cross-border payment technology, while new investors now dominate the market.

The XRP (XRP 9.40%) cryptocurrency was created by a company called Ripple in 2012. It was designed to standardize cross-border payments within the Ripple Payments network, which means it has a tangible real-world use case, unlike most cryptocurrencies.

A strong intraday push by XRP temporarily pushed it over the crucial $2 mark, reviving market optimism. The asset has since fallen back below that mark, though, and is currently trading at about $2.02 as of press time.

The total crypto market cap is up by over $100 billion daily.

XRP rebounds to $2 after Trump's tariff pause announcement, while analysts project potential for significant future growth based on technical patterns.

Despite breaking above $3 earlier this year, the XRP price has since gone on to disappoint investors with multiple crashes that have rocked the altcoin. This has seen the cryptocurrency lose almost 50% of its acquired value between late 2024 and early 2025.

"Nothing official has been done yet to effectuate the public announcement," Fred Rispoli argued.

XRP has surged 11% in a day to around $2, rebounding from $1.65 as whales move 70 million tokens in the past two weeks.

After Trump surprised the markets with his unexpected 90 days pause on Tariffs, the crypto market witnessed a huge relief rally followed by a broader rally in equity markets. Bitcoin rose over 7% to regaining its $80K levels while the broader crypto market followed suit.

As Ripple (XRP) continues its market journey, recent analyses suggest that a surge could propel its price to the $5 mark. Currently, XRP is trading at $1.7, reflecting a slight decrease of 20.21% from the last 24 hours.

Ripple has created an additional 350,026 Ripple USD (RLUSD) tokens, according to a recent update. This marks the first minting event in more than a week.

The US stock market rebounds; the Dow Jones surges 6.7% in a single day as President Trump raises China's tariffs to 125% and pauses tariffs on other countries for 90 days that have reached out to negotiate.

XRP price has waned in activity and popularity as it dropped from $3.40 to $2, where it currently trades. However, this analyst uses Elliot Wave Analysis to predict how low XRP token could drop below $1 before hitting its next double-digit ATH target.

XRP has struggled to find sustained bullish momentum since reaching its cycle peak at $3.40 on Jan. 16, 2025. XRP (XRP) dropped as much as 46% over the past three months, but despite its recent drawdown, Glassnode data indicates that 81.6% of XRP's current circulating supply remains in profit.

Price charts of major tokens flash bullish signals after a prolonged battering.

April 10, 2025 05:32:56 UTC Bitcoin Price Today BTC price today is up 7.77% since yesterday, claiming a hold at $82,068.39; this bullish move came as the Trump tariff saw a 90-day halt on most countries. Marketeres seized the opportunity, and as a result, the trading volume shot up an impressive 43.98% to $77.87 billion.