How High Can XRP Price Go By End of April?

Highlights:

• XRP price leads crypto in ETF filings, anticipating SEC approval.
• Binance data reveals traders’ strong bullish sentiment for XRP.
• XRP’s next targets include $2.30 resistance and $2.50 potential.

XRP price has been consolidating recently, following the sideways trend of the broader crypto market. Despite this, XRP remains the top-performing major cryptocurrency over the past 90 days, although it is still facing challenges in recovering. 

The Ripple price has been hovering above the $2 support level, with a 12% surge recorded over the past week after the crypto market’s bullish momentum. Will the Ripple price soar ahead of tomorrow’s April 16th where the SEC lawsuit against Ripple will officially ends. 

Bitcoin (BTC) is trading slightly above $85,000, while Ethereum (ETH) stands above the $1,600 mark. The global crypto market capitalization is currently $2.67 trillion, marking a 0.43% increase from the previous day. However, the total crypto market volume has decreased by 18.46% over the last 24 hours, now at $75.66 billion.

XRP Price Leads in Crypto ETF Applications

The analysts at Kaiko state that XRP leads the race over other cryptocurrencies regarding spot ETF filings. Statistical records indicate that XRP maintains the position of leading cryptocurrency with the most filed documents than Aptos and Solana and Cardano among others. The rising number of XRP filings shows how important XRP has become in cryptocurrency while it continues to move toward possible approval by the U.S. Securities and Exchange Commission (SEC).

The rankings depicted by the chart place XRP in the lead position while the remaining cryptocurrencies appear further behind. Both Aptos and Cardano engage in tight competitors and comes after Litecoin and Dogecoin in the list of established crypto tokens. 

The SEC review process of the submitted applications increases market anticipation regarding XRP’s entrance into mass financial markets because of its prominent ranking.

XRP Traders in Binance Show Strong Bias Toward Long Positions

Currently, traders on Binance hold 66.86% of their open XRP positions as long investments. XRP market trends appear to favor an upward direction, judging from this statistical distribution data. At 22:00 on April 14, short positions reached 33.14%, yet long positions far exceeded them in number.

According to Binance data, XRP’s price movement has received strong support from traders because its long position against short position ratio stands at 2.02. Strong market optimism about XRP emerges from traders holding more long positions than short ones.

66.86% of traders in Binance with open $XRP positions are going long! pic.twitter.com/oDL2NsUzHq

— Ali (@ali_charts) April 15, 2025

Will XRP Price Rally Above $2.5 This Week?

The latest XRP price has recently shown a slight upward movement, trading at $2.1361. XRP has been consolidating between key price levels, holding above the $2.0 support while attempting to break through the $2.3 resistance. Traders are observing these crucial levels to determine whether XRP will continue its upward trajectory or face further consolidation.

The MACD shows a positive trend with the blue line above the orange, reflecting potential upward momentum. However, the AO remains slightly positive, signaling a cautious bullish sentiment.

The next critical target for the XRP price is the $2.30 resistance level. If XRP manages to break above this, the next target could be the $2.50 level. On the downside, support at $2.00 remains crucial, and a drop below this level could signal a reversal, possibly retesting lower levels.