According to CoinmarketCap DataXRP, the fourth largest encrypted currency by market value, is traded near $ 2.14, an increase of 3.22 % in the past 24 hours. Since its loss on April 2, XRP has been on the right path for the third consecutive day of the gains.
Analysts’ views differ about what is happening after that for XRP. Some indicate a possible rise to a range of $ 2.50 -3 dollars. according to onCracks, if XRP can remain higher than $ 2, then move by 30 % towards the upper boundaries of the channel at $ 2.60 can be the next. On the contrary, there is another possible scenario that XRP may continue to trade within the range of its daily average moving from 50 and 200 at $ 2.36 and $ 1.83, respectively.
In an important step for XRP, Crypto Coinbase said on Friday that it had submitted to the CFTC to launch future XRP contracts.
What the data suggests on the series
according to GlassnodeXRP had a 490 % increase in the title activity and almost doubled the maximum, indicating the aggressive retail interest.
Since the 2022 cycle decreased, the semester average of the daily active XRP addresses increased by 490 %, compared to only 10 % for bitcoin. This sharp contrast shows that XRP has raised the interest in retail, which reflects the appetite for speculation in the encryption market.
Related
While Bitcoin and XRP performed similarly, trading in about 5x to 6X reached its lowest level, the journey was radically different. XRP was largely traded to December 2024 before it suffers from an explosive height, which is a more consistent price pattern with retail -based speculation.
During this increase, the maximum XRP is almost doubled, from 30.1 billion dollars to $ 64.2 billion, reflecting a significant flow of capital. It is worth noting that about 30 billion dollars of this rise came from the investors who have published capital in the past six months, highlighting the short retail focus by retail.
However, this capitalist flow began to slow down since late February 2025, indicating a possible cooling in speculative appetite.
