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XRP is on the edge! Will it break out and soar, or crash down hard?

In the latest XRP news, Ripple has once again stolen the spotlight with a massive 1 billion XRP move. The blockchain firm transferred the tokens across multiple wallets, with 700 million coins later locked in escrow.

Ripple has locked 700 million XRP tokens in escrow, according to data from Whale Alert. The move is part of Ripples long-standing monthly escrow program, which releases 1 billion XRP to maintain a predictable token supply.

XRP, the cryptocurrency closely tied to Ripple Labs, is gaining attention as it approaches a potential breakout from a symmetrical triangle pattern. This formation, identified by converging trend lines, signals tightening price action and a possible surge in momentum.

During the past year, cryptocurrency investors have taken a particular liking to opportunities beyond mainstream choices like Bitcoin and Ethereum.

XRP is on thin ice while moving around $2.07, down around 3% for the day once again and clearly facing some issues that might trigger a move below $2. The downward volume is also moving up, which means that bears are ready to increase the selling pressure on the market and push XRP even lower.

Dogecoin (DOGE) price has been stagnant over the past week, dropping by 10% in the same period. Despite some recovery in the broader crypto market, the meme coin is still eyeing for more gain ahead.

XRP faces short-term bearish pressure at $2.07 but analysts predict potential rise to $5-8 by late 2025, with ETF approval being a key catalyst.

XRP has been consolidating within the pattern shown below, characterized by two converging trend lines that suggest a buildup of momentum.

According to data provided by Whale Alert, 700 million XRP tokens has been locked by Ripple in an escrow.

The long-standing Ripple vs. SEC lawsuit has officially wrapped up, but there's a catch—we're still waiting for the SEC's official statement. Why the hesitation? In past cases like Kraken and Cumberland, the SEC gave official statements and confirmation, and this one's no different.

Just before the end of Q1 2025, the much-awaited rounds of a closure of the Ripple vs. SEC made huge rounds across the crypto space. It was seen as a huge win for the crypto community, which could have a huge positive impact on the XRP price in the long term.

XRP has a mere 2% chance of hitting a new all-time high (ATH) this April, according to Polymarket bettors. Despite a modest 2% gain at the start of the month, sentiment remains cautious among investors.

Ripples stablecoin, RLUSD, is making waves in the crypto market with standout performance metrics that surpass leading competitors. Since its launch in December 2024, RLUSD has quickly gained traction, with its market capitalization soaring to $243.77 millionoutpacing Ripples initial growth projections.

XRP is facing increased bearish pressure after plunging over 5% on March 31, dropping to a low of $2.06. This sharp decline raises concerns over its ability to maintain the key psychological support at $2.

XRP, the fourth-largest cryptocurrency by market cap, rebounded 6% in the last 24 hours, defying a recent bearish chart pattern. The price dipped to $2.02 after a death crosswhen the 50-period SMA crosses below the 200-period SMAappeared on the four-hour chart.

The long and tense legal fight between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) is finally over. Last week, the SEC officially dropped its appeal, and Ripple has agreed to pay a $50 million fine while also dropping its own cross-appeal.

XRP price started a fresh decline from the $2.20 zone. The price is now consolidating and might face hurdles near the $2.120 level.

Grayscale has recently filed an updated S3 registration statement for its Digital Large Cap Exchange-Traded Fund (ETF). This fund is designed to offer diversified exposure to a broad range of cryptocurrencies, including major altcoins like Ethereum (ETH), Solana (SOL), Cardano (ADA), and XRP.

The XRP price fell as low as $2.0238 on Monday, potentially forming a local bottom. Since then, the XRP price is up almost 6%, however, the possibility of a deeper retracement remains.

Ripple's $50M settlement offer and ETF prospects lift XRP hopes, but SEC silence and macro risks weigh on near-term price outlook.

Recent XRP price action has sparked a new prediction from a crypto analyst, as a potential Head and Shoulders pattern emerges on the chart. The analyst warns that this technical formation could trigger a significant price correction for XRP, describing this downturn as the worst-case scenario.

Grayscale has filed with the SEC to list its digital large cap fund as an ETF on NYSE Arca, offering exposure to bitcoin, ethereum, XRP, solana, and cardano. Grayscale's Digital Large Cap Fund Targets NYSE Arca Listing for Broader Crypto Exposure Crypto asset manager Grayscale Investments filed a Form S-3 registration statement with the U.S.

XRP price surged to $2.20 amid growing optimism over the upcoming stablecoin bill review. A breakout from a falling wedge signals bullish momentum Ripple (XRP) Stabilises at $2 as US Congress Reviews Stablecoin Bill on April 2 The cryptocurrency market witnessed a significant recovery this week, with Ripple's XRP rebounding 5% from a local bottom