The post XRP Price Prediction: XRP Targets $2.50 Breakout Amid China Tariff Shockwave—Is a $20 Bull Run in Sight? appeared on BitcoinEthereumNews.com.

As the global financial markets reel from escalating trade tensions between the U.S. and China, Ripple’s XRP is showing signs of emerging as a safe haven asset. With U.S. equities losing trillions in market value, investors are increasingly turning to digital currencies—and XRP is riding that wave with impressive momentum. In recent days, the XRP price surged over 12%, reclaiming the $2.12 level and flashing bullish signals that hint at a potential breakout toward $2.58. Trade Tensions Spark Capital Rotation into Crypto The catalyst for XRP’s recent rally has been the global reaction to China’s retaliatory tariffs, a response to the United States’ earlier 10% trade levies. Beijing’s move, which includes 34% duties on U.S. exports, has deepened fears of a prolonged trade war and triggered a broad selloff in the stock market. The Dow and Nasdaq saw dramatic drops, erasing over $4 trillion in market capitalization. China Imposes 34% Tariff on U.S. Imports. Source: CryptoBudhha via X In contrast, XRP and the broader crypto market appear to be benefitting from this uncertainty. “Investors are rotating capital out of traditional assets into digital currencies as a hedge against macroeconomic instability,” noted a market strategist at XForceGlobal. This risk-off sentiment has bolstered XRP’s position as a leading alternative, with XRP news turning decisively bullish. Technical Indicators Reinforce Bullish Outlook From a technical perspective, XRP price prediction metrics are leaning heavily in favor of further gains. The token rebounded from a recent low of $1.98 and is presently well above the $2 level, a vital psychological and technical support level. XRP shows a bullish setup, with support at $2.00 and a breakout above $2.50 likely opening the path to $3.00 and beyond. Source: ImmortalAXS on TradingView Indicators such as the MACD (Moving Average Convergence Divergence) are showing early bullish crossovers, a sign…

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Filed under: News - @ April 5, 2025 9:24 pm