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April 5 XRP Price Prediction: China’s Counter-Tariffs Could Push Ripple Price to $2.58

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The crypto market has taken a surprising turn in the last 24 hours and has reacted positively to the tariffs. This reaction was caused by the counter-tariffs from China, which were the answer to the US tariffs. This can be attributed to the fears of a market downtrend in the US, as even more countries retaliate. As such, many investors are now pulling out their investments from the American stocks and equities. Consequently, the XRP price prediction is bullish today as technical signals show renewed interest.

Prices Jump as Market Rebounds: Is the XRP Bull Run Back?

As investors come to the crypto market space as a safe haven, it recovered part of the losses from April 3. XRP followed suit, and as such, XRP news is bullish today with the token’s price starting to increase. In the last day, XRP has touched a high of 2.15, which shows a bullish sentiment. As of April 5, the value of the XRP token is $2.12 while showing a 3.3% daily surge. However, the XRP value decreased by 3.4% in the last week and 15.38% in the last month.

Is April XRP Price Prediction Bullish? Indicators Say Yes

If the US can not reach an agreement with its trade partners soon, crypto might grow further. As the current projection shows, the capital rotation from US markets into the global markets will continue. So, based on this projection, the US-based equities will have an even lower value soon. However, crypto assets like XRP will use this new capital to increase their value, making the XRP price prediction bullish. The technical indicators, however, could still signal another surprising development. So let’s see will XRP be bullish in April and analyse the technical signals.

Chart 1 – Provided by TradingView, published on TradingView, April 5, 2025.

As seen in Chart 1, since hitting a low under the $2 mark, the XRP price has increased 12.54% in two days. There are also some bullish technical signals that present a positive XRP price prediction. The MACD technical indicator is now having a crossover, showing a recovery in the lower range of the Bollinger Bands. This comes after the XRP token’s plunge to $1.98, which coincided with the lower Bollinger Band. If XRP is to continue its rally, it needs to break the $2.28, which is placed on the VWAP. 

XRP Climbs Past $2.09 – Is $2.58 the Next Destination?

The volume-weighted average price also had a resistance at the $2.09 price, which was broken by XRP bulls. If the other VWAP resistance at $2.28 is broken, XRP could surge to the  $2.58 level. This price point is placed near the higher Bolinger Band, making it a strong resistance. The MACD indicator is also becoming bullish, as it is repeating a known pattern from the previous rallies. The MACD lines are coming closer now as they are projected to reach an upward crossover. As such, we can say that the answer to “will XRP be bullish in April?” Is a yes. 

Will XRP Break Down or Bounce Back? Key Levels to Watch 

There remains a bearish XRP price prediction, which is when bulls could not get past the $2.28 level. If so, the price might experience a fall and retest of $1.98. If this level is broken, XRP might start a significant breakdown in value. However, until XRP breaks under the VWAP again, the bullish scenario is more likely. This week has also been full of positive XRP news, which can further provide fundamental support for a price rally.

The post April 5 XRP Price Prediction: China’s Counter-Tariffs Could Push Ripple Price to $2.58 appeared first on Coinfomania.

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