XRP Price Prediction for April 4

As of the latest data, XRP is trading at $2.06, having enjoyed a modest 0.73% uptick over the last 24 hours, though it has faced a 15.23% decline over the past 30 days. Despite recent volatility, XRP’s underlying technology and growing ecosystem—especially with the rollout of Ripple’s RLUSD stablecoin—continue to fuel investor interest.

XRP Price Analysis

Recent trading activity shows that XRP is consolidating around the $2.00 level, a crucial support zone. Analysts have noted that if XRP can hold above this level, it may be set for a recovery. Conversely, resistance levels are being eyed near $2.17 and $2.44, with potential tests up toward the $2.80–$3.00 range if bullish momentum gathers. These levels are derived from historical price action where traders have seen significant buying or selling pressure.

Several analysts have identified a narrow trading range for XRP. A symmetrical triangle pattern is forming on the daily charts—a formation that typically indicates a consolidation phase before a significant breakout. In such cases, a move above the upper trendline could signal a bullish reversal, while a breakdown below the key support at $2.00 might trigger further declines.

The Relative Strength Index (RSI) on the daily chart has been hovering in the neutral zone, indicating that neither bulls nor bears are in full control at the moment. Additionally, the MACD (Moving Average Convergence Divergence) has been relatively flat, which suggests that the market is waiting for a clear directional catalyst.

On the short-term 4-hour chart, XRP’s price is fluctuating close to its 50-hour moving average, which often serves as an immediate support/resistance marker. Longer-term, the 200-day moving average has historically provided a robust benchmark for trend direction. With XRP trading above its 200-day moving average, many analysts remain cautiously optimistic about a recovery—provided that intraday fluctuations do not breach key support levels.

XRP Price Prediction

If XRP can maintain a daily close above the critical $2.00 support level, technical models indicate that a short-term rally could propel the price upward by approximately 30%. This would place XRP in the vicinity of $2.60–$2.70 by the end of April. Such a rally would largely depend on improved market sentiment and the resolution of any lingering regulatory uncertainty. In the current “boredom phase” described by some analysts, price movement is expected to be range-bound until a decisive breakout occurs.

Beyond the immediate rally, XRP’s future price is also tied to fundamental factors. With the ongoing legal saga involving Ripple and the SEC now entering a new phase, any positive news or resolution could serve as a catalyst for XRP’s broader recovery. Ripple’s RLUSD stablecoin is gaining traction as a viable alternative in the stablecoin market. Increased usage of RLUSD, especially in cross-border payments, could enhance XRP’s utility, thereby supporting higher prices.

Under these conditions, some analysts project that if bullish momentum continues, XRP might test the $3.00 barrier later in the cycle, as per XRP price prediction. However, given the recent 30-day decline of 15.23%, market participants should temper expectations with caution. The blend of technical consolidation and fundamental optimism points to a modest recovery in the short term with the potential for a more robust rally if broader market conditions improve.

Investment Risk Consideration

Investing in cryptocurrencies like XRP involves considerable risk due to market volatility and unpredictable regulatory developments. Investors should conduct thorough research, consider their risk tolerance, and potentially consult a financial advisor before making any investment decisions in XRP.