The post XRP Price Prediction: Is A Surge To $10 Possible By April? appeared on BitcoinEthereumNews.com.

XRP price action signals a potential breakout as it forms a bullish flag, setting the stage for a major move. After surging 16% on news that Ripple’s SEC case may soon end, XRP retraced below $2.50. While spot buying dominates, futures traders remain bearish, betting against the rally. A decisive move above $2.65 could trigger an explosive surge, pushing the top altcoin toward $10. XRP Bulls Eye $10 As Price Battles Futures Shorts Near $2.65 Bitcoin Ape’s price chart highlights a bullish flag pattern, a classic technical setup that often precedes a strong upward move. XRP price must close above $2.65 to confirm this bullish structure and continue its uptrend. A successful breakout from this pattern could lead to a rapid move toward the $3.40 all-time high. Source: Bitcoin Ape, X Further supporting this outlook, Velo’s aggregated spot tape CVD turned positive for the first time since January, indicating growing buying pressure. The last time this metric flipped bullish, XRP price skyrocketed from $1.50 to $3.40. If history repeats, the top altcoin could be gearing up for another parabolic rally. Futures Market Bets Against the Breakout Despite strong spot demand, the futures market remains cautious. A negative aggregated premium on open interest suggests traders are shorting XRP price, anticipating a pullback. This creates a battle between bullish spot traders and bearish futures traders, impacting short-term price movements. Crypto analyst Dom emphasized that XRP price must hold above $2.50 to maintain its bullish momentum. A failure to reclaim this level could lead to further declines, possibly testing liquidity around $2 before another attempt at higher levels. However, if spot traders absorb selling pressure and reclaim key resistance, the top altcoin could be on the verge of a major move. Source: Dom, X Key Levels to Watch XRP price faces immediate support…

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Filed under: News - @ March 23, 2025 1:10 pm