
Crypto Market Kicks Off the Week Strong with Bitcoin Gaining Over 7% and Altcoins also posting gains.
Analyst warns XRP could drop to $1.25 unless it breaks above $2.33โ$2.45 for a bullish breakout.
Another analyst identifies $2.222 as crucial for XRPโs price action as Monthly Wave 4 nears its end.
The crypto market started this week with fresh gains and Bitcoin recorded gains of over 7%. It jumped above $95,100 early Sunday and the rally came after the U.S. President Donald Trump
Donald Trump
Donald J. Trump is a US-based entrepreneur, Pro-crypto Politician, and the 45th and 47th President of the United States of America. He understands the importance and needs of the modern fintech world, and people look up to him as a dominant pro-crypto leader.
Quick Facts
Full name Donald John Trump Birth 14-06-1946, New York, United States Nationality American Education BS from the University of Pennsylvania Known For Businessman, Pro-Crypto Politician
Once doubtful about Bitcoindominance, he said in a tweet in 2019, “I am not a fan of Bitcoin", but now has a significant amount of cryptocurrency holdings in his kitty. He has also signed an Executive Order to establish a Strategic Bitcoin Reserve, which highlights his commitment to the future of cryptocurrency.
Donald Trump - Career Highlights & Events
2016 – Elected as the 45th President of the United States from the Republican Party. 2017 – Signed the Tax Cuts and Jobs Act, impacting investment environments 2019 – Criticized Bitcoin and Libra on X, dubbing them as "not money" 2024 – Campaign signals potential openness to crypto-friendly reforms 2025 – Elected as the 47th President of the United States from the Republican Party.
A meme coin, $TRUMP, is associated with Donald Trump, which is listed on the Solana blockchain platform. His family also backs World Liberty Financial (WLF), a crypto venture.
President said he would roll back tariffs on Chinese imports. Bitcoinโs surge was largely driven by $3.06 billion in weekly inflows into U.S. spot Bitcoin ETFs.
Altcoins also fared well, with XRP up 4%, Solana up 1%, and Cardano up 2% over the past day. XRP is making headlines as the SEC has approved ProShares’ first-ever XRP futures ETF, set to go live on April 30. ProShares is preparing to launch three XRP-tracked products this week after a quiet SEC approval.
The flurry of XRP ETFs comes after Rippleโs major victory over the SEC in March, which cleared major regulatory hurdles for XRP.
Analyst Warns XRP Could Drop to $1.25
Analyst Egrag Crypto, in his latest X post, predicted that XRP could hit $1.25 in the short term. He explained that XRP still shows weakness unless it can close above the $2.33โ$2.45 range, which would signal a bullish breakout.
Egrag opened up about the importance of the 0.702 Fibonacci level, linking it to a major past breakout. Further, he advised his followers not to chase market gains or panic sell, but instead to keep accumulating XRP during price dips.
โThis is a short-term outlook, and while I am confident we may see double digits in the upcoming months, we first need to dispel any bearish sentiments,โ the analyst said.
Even analyst Dark Defender has confirmed that the $2.222 level is still a key point in XRP’s price action. He mentions that XRP’s Monthly Wave 4 (a phase in Elliott Wave analysis) is nearing its end.
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FAQs
By 2030, XRP may trade between $16.92 and $26.97, driven by institutional adoption, CBDC development, and Rippleโs expansion in global payments.
According to our XRP price prediction 2040, Ripple price could hit $178.82 by 2040, assuming widespread adoption, strong regulatory support, and Rippleโs continued dominance in cross-border payments.