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XRP ($XRP) Crypto Forecast: Down 5.1% Today

Morpher AI identified a bearish signal. The crypto price may continue to fall based on the momentum of the negative news.

What is XRP?

XRP, a cryptocurrency token associated with Ripple, is recognized for its speedy and cost-effective cross-border transactions. The XRP market recently witnessed a significant downward movement.

Why is XRP going down?

XRP crypto is down 5.1% on Apr 10, 2025 17:48

  • Despite notable developments like a major deal announcement by Ripple and the launch of the first U.S.-based XRP ETF with substantial trading volume, XRP experienced a bearish trend.
  • Expectations of XRP reaching $12.5 before the end of President Trump's second term, as suggested by Standard Chartered, did not materialize.
  • Speculation about a substantial catalyst amounting to $4.5 trillion had a potential impact on the entire crypto market, prompting investors to adjust their portfolios.
  • While other altcoins displayed bullish movements following Trump's tariff pause, XRP did not follow suit, indicating that unique factors influenced XRP's performance, separate from broader market trends.

XRP Price Chart

XRP Technical Analysis

XRP News

Solana Eyes $200 Target As It Gains Momentum – Recovery Could Mirror 3-Month Downtrend

Solana Eyes $200 Target As It Gains Momentum – Recovery Could Mirror 3-Month Downtrend

https://www.newsbtc.com/news/solana/solana-eyes-200-target-as-it-gains-momentum-recovery-could-mirror-3-month-downtrend/

0 News Article Image Solana Eyes $200 Target As It Gains Momentum  – Recovery Could Mirror 3-Month Downtrend

Ripple’s XRP To Hit $12.5 Before End Of President Trump’s Second Term, Standard Chartered Says

Ripple’s XRP To Hit $12.5 Before End Of President Trump’s Second Term, Standard Chartered Says

https://zycrypto.com/ripples-xrp-to-hit-12-5-before-end-of-president-trumps-second-term-standard-chartered-says/

1 News Article Image Ripple’s XRP To Hit $12.5 Before End Of President Trump’s Second Term, Standard Chartered Says

Ripple Announces One of Largest Deals in Crypto History, First U.S.-Based XRP ETF Debuts with 'Very Respectable' Trading Volume: Crypto News Digest by U.Today

Ripple Announces One of Largest Deals in Crypto History, First U.S.-Based XRP ETF Debuts with 'Very Respectable' Trading Volume: Crypto News Digest by U.Today

https://u.today/ripple-announces-one-of-largest-deals-in-crypto-history-first-us-based-xrp-etf-debuts-with-very

2 News Article Image Ripple Announces One of Largest Deals in Crypto History, First U.S.-Based XRP ETF Debuts with 'Very Respectable' Trading Volume: Crypto News Digest by U.Today

3 Altcoins that Look Bullish After Trump’s Tariff Pause

3 Altcoins that Look Bullish After Trump’s Tariff Pause

https://beincrypto.com/bullish-altcoins-trumps-tariff-pause/

3 News Article Image 3 Altcoins that Look Bullish After Trump’s Tariff Pause

Crypto Braces for a Hidden $4.5 Trillion Catalyst for Bitcoin, Ethereum, Cardano, XRP Price

Crypto Braces for a Hidden $4.5 Trillion Catalyst for Bitcoin, Ethereum, Cardano, XRP Price

https://coingape.com/markets/crypto-braces-for-a-hidden-4-5-trillion-catalyst-for-bitcoin-ethereum-cardano-xrp-price/

4 News Article Image Crypto Braces for a Hidden $4.5 Trillion Catalyst for Bitcoin, Ethereum, Cardano, XRP Price

XRP Price History

10.03.2025 - XRP Crypto was up 7.9%

  • XRP demonstrated a notable 9.6% increase today, surpassing other top 10 cryptocurrencies, pointing to strong demand for the token.
  • The reduced availability of XRP on exchanges hints at a potential scarcity, potentially pushing up its price due to increasing demand.
  • The market is abuzz with speculation around the unlocking of 1 billion XRP by Ripple, fueling anticipation and heightened buying interest in XRP.
  • Cautionary signals about a potential 'Dead Cat Bounce' in the broader crypto market imply a need for investors to be wary, as the recent surge in prices may not be enduring.

10.03.2025 - XRP Crypto was up 11.0%

  • Today's surge in XRP is linked to expectations of its price reaching $22 if Bitcoin rises to a specific level, as outlined by analysts.
  • Despite Bitcoin's recent market turmoil and liquidation events, XRP has exhibited resilience, hinting at a possible substantial price upswing.
  • The transfer of 70 million XRP tokens amidst the recent market dip hints at a strong belief in the asset, possibly paving the way for a bullish trend by the end of April.
  • Insights from Bollinger Bands and optimistic price forecasts are adding to the anticipation of a significant upward movement for XRP, with some miners speculating a surge of 500% to $12.5.

10.03.2025 - XRP Crypto was up 5.5%

  • XRP's value surged over 10% in the past day, potentially influenced by positive market sentiment and momentum.
  • Speculation about a significant monetary catalyst possibly linked to major cryptocurrencies such as XRP, Bitcoin, Ethereum, and Cardano could have fueled optimism and purchasing activity in XRP.
  • While the crypto market as a whole has seen a significant increase, experts are warning of a possible short-term recovery known as a 'Dead Cat Bounce.'
  • Discussions about the future price of XRP and the suggestion to invest in cryptocurrencies using certain funds might have encouraged heightened interest and a spike in XRP's price.

10.03.2025 - XRP Crypto was up 12.9%

  • XRP and Ether showed a strong bullish movement recently, coinciding with a surge in midweek gains across the crypto market driven by increased trading activity from large investors.
  • The overall positive market sentiment was boosted by a temporary halt in tariffs, leading to a significant rally in XRP with a notable 13% increase.
  • Despite some market turbulence, XRP was able to maintain its upward trend while Bitcoin faced a significant liquidation event that impacted overall market confidence.
  • Analysts have shown optimism regarding XRP's potential, with one suggesting a possible scenario where XRP could reach $22 if Bitcoin reaches a specific price level, signaling positive future price outlooks for XRP.

10.03.2025 - XRP Crypto was up 9.6%

  • Observations suggest that disillusionment among long-term holders of Ethereum could be prompting some to explore alternative assets like XRP, potentially fueling its recent uptrend.
  • Despite initial market apprehensions surrounding the release of 1 billion XRP by the blockchain company next month, positive market indicators and reports of substantial XRP accumulation by major holders amounting to $1 billion seemed to strengthen investor trust.
  • The price projections of XRP nearing $3 following positive market signals suggest a rising wave of optimism and purchasing interest among traders.
  • While reports indicate a decline in XRP users by 90%, the notable accumulation of the token by large investors appears to have played a pivotal role in maintaining a price climb above $2, underscoring robust market backing for XRP.

10.03.2025 - XRP Crypto was up 13.1%

  • Today's significant rise in XRP value can be linked to various factors:
  • A notable portion of XRP's realized cap is now held by new investors, potentially leading to increased trading and price movements.
  • Positive future price predictions for XRP, projecting growth to $5.5 by 2025 and $12.5 in 2028, have likely instilled confidence and driven up demand.
  • Ripple's CTO emphasizing XRP's potential within a significant financial ecosystem may have strengthened investor belief in the token's long-term prospects.
  • The introduction of an XRP ETF, notably in a downturned market, may have enticed institutional investors and positively impacted the token's value.

10.03.2025 - XRP Crypto was up 11.0%

  • XRP's price surged by 12% today, indicating strong bullish momentum in the market.
  • Speculation around XRP potentially breaking the $2.0 mark and triggering a bullish surge has likely fueled investor optimism.
  • The potential drop of the SEC appeal by April 16th in the Ripple vs. SEC case could be relieving regulatory uncertainty for XRP, boosting investor confidence.
  • The fact that a significant portion of XRP's realized cap is held by new investors raises questions about the token's market stability and potential vulnerability to market fluctuations.

10.03.2025 - XRP Crypto was down 5.1%

  • Despite notable developments like a major deal announcement by Ripple and the launch of the first U.S.-based XRP ETF with substantial trading volume, XRP experienced a bearish trend.
  • Expectations of XRP reaching $12.5 before the end of President Trump's second term, as suggested by Standard Chartered, did not materialize.
  • Speculation about a substantial catalyst amounting to $4.5 trillion had a potential impact on the entire crypto market, prompting investors to adjust their portfolios.
  • While other altcoins displayed bullish movements following Trump's tariff pause, XRP did not follow suit, indicating that unique factors influenced XRP's performance, separate from broader market trends.

10.03.2025 - XRP Crypto was up 11.3%

  • XRP surged by 12% today, outperforming many other cryptocurrencies in the market.
  • The launch of the first-ever XRP ETF in the US market attracted significant investor interest, with a debut volume of $5.43 million, contributing to the bullish sentiment.
  • The temporary pause in Trump's tariff policies has injected optimism into the crypto market, with Bitcoin hitting $82K, further boosting confidence in digital assets like XRP.
  • Market analysts are now speculating on what's next for XRP after today's impressive jump, indicating a positive outlook for the token in the near term.

10.03.2025 - XRP Crypto was up 9.8%

  • The minting of 350,000 RLUSD tokens on the XRP Ledger could have contributed to the bullish movement of XRP, indicating increased activity and utility within the XRP ecosystem.
  • The positive sentiment in the crypto market, with Bitcoin recovering following a tariff pause, may have provided a supportive environment for XRP and other altcoins like ETH and SOL to gain strength.
  • The XRP price prediction outlining a potential surge to $20 after a sub $1 buy zone could have sparked optimism among investors, driving up demand for XRP.
  • The debut of Teucrium's leveraged XRP ETF with a significant volume despite crypto headwinds suggests growing interest in XRP and a willingness to take on leverage for potential gains, further boosting the bullish movement of XRP.

10.03.2025 - XRP Crypto was up 8.9%

  • XRP surged by 10% to $2 following a market-wide surge after the announcement of a tariff pause. This positive news boosted investor confidence in cryptocurrencies like XRP.
  • The formation of a rounded bottom within a descending channel for XRP indicated a potential bullish trend, with a target set above $3, further fueling investor optimism.
  • The minting of 350,000 RLUSD tokens on the XRP Ledger could have also contributed to the positive sentiment surrounding XRP, showcasing continued development and utility within the XRP ecosystem.
  • Overall, XRP, along with other major cryptocurrencies like ETH, benefited from the market surge driven by the tariff pause, demonstrating resilience and strength in the face of external factors.

10.03.2025 - XRP Crypto was up 10.1%

  • XRP's value exceeded $2, with signals from Bollinger Bands suggesting a promising bull run.
  • Speculation by XY Miners indicates a potential 500% surge to $12.5, likely boosting investor confidence.
  • Concerns have been raised regarding a certain factor that could influence XRP's upward movement beyond $2.
  • The positive market sentiment, with XRP leading the charge with a price increase to $2, may be linked to broader market trends following a tariff pause and Bitcoin's rise above $6K.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.