April

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/xrp-price-predictions-and-market-developments/" data-wpel-link="internal">XRP Price Predictions and Market Developments</a> 
<a href="https://coin-turk.com/tum-kripto-para-piyasasini-sarsmisti-iflasiyla-sok-eden-kripto-sirketi-celsius-dugum-cozuluyor" data-wpel-link="internal">The cryptocurrency market</a> is seeing many assets slow down or reverse their previous gains, but XRP is not an exception. However, some crypto trading experts believe it could soon make an impressive recovery and even reach new all-time highs (ATH). 
<h2 style="text-align: justify" id="xrp-price-forecast">XRP Price Forecast</h2> 
<a href="https://en.coin-turk.com/bitcoin-price-analysis-whats-next-for-btc/" data-wpel-link="internal">Crypto</a> analyst Egrag Crypto noted that XRP is repeating its 2021 price trajectory, which previously brought it to a price level of $1.80. According to a post shared by Egrag on April 25, this suggests XRP could follow the same price path. 
The analyst revealed that XRP’s current price movement could reach $1.4 by June-July, marking it as a significant price level, while considering the range between $1.2 and $1.8 as a reasonable price target. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-344535" src="https://coin-turk.com/wp-content/uploads/2024/04/egrag-4-dolar-coin-turk-com.png" alt="" width="578" height="251"> 
Moreover, if XRP follows a path similar to 2021, it could potentially move towards a new ATH of $4, a +678% increase, according to Egrag Crypto. He also cautioned investors to “wait” due to the likelihood of this price movement being dependent on the 2021 price action. 
CoinsKid, on the other hand, does not appear as optimistic. He also noted that XRP was again rejected from the historical level of $0.55 on April 24, sharing that such price movements are “starting to become boring.” 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-344534" src="https://coin-turk.com/wp-content/uploads/2024/04/april-24-coin-turk-com.png" alt="" width="576" height="262"> 
<h2 style="text-align: justify" id="xrp-developments">XRP Developments</h2> 
On the other hand, data obtained on April 25 shows that XRP was trading at $0.520 at the time of writing, with a 1.44% decrease over 24 hours and a 4.70% gain over the previous seven days. A monthly review shows a 19.83% decrease. 
Why is the XRP price falling today? It could be due to <a href="https://en.coin-turk.com/massive-sell-offs-in-crypto-bitcoin-and-altcoins-face-critical-support/" data-wpel-link="internal">Ripple</a>, the issuer of XRP, exchanging with <a href="https://en.coin-turk.com/tether-issues-1-billion-usdt-inventory-replenishment-or-market-manipulation/" data-wpel-link="internal">Tether</a> (USDT), the largest stablecoin by volume on behalf of its ODL customers in the US, linked to its ongoing legal battle with the SEC. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-344533" src="https://coin-turk.com/wp-content/uploads/2024/04/sec-us-xrp-coin-turk-com.png" alt="" width="336" height="413"> 
Meanwhile, Ripple’s defense team has made a statement regarding the approach to the lawsuit with the SEC, criticizing it and arguing that the $2 billion penalty demanded for selling XRP to institutional clients is unfair, suggesting that anything over $10 million would be unreasonable. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/xrp-price-predictions-and-market-developments/" data-wpel-link="internal">XRP Price Predictions and Market Developments</a></h5>

XRP Price Predictions and Market Developments

Table of Contents

COINTURK NEWS

Other articles published on Apr 25, 2024

How Bitcoin ETFs Are Shaping Investment Trends

Calls for Strategic Collaborations to Tackle AI Security Threats

Maxine Waters Says 'Stablecoin Bill In The Short Run' Coming

SOL, BNB holders eye price rebound while Milei Moneda presale shines

Solana Slides 9% Amid Market Downturn: Here’s Why

Ready, Set, Grow: Why It Might Be Time To Invest In Altcoins Now – Santiment

Join our free newsletter for daily crypto updates!