Grab your popcorn, folks! XRP just strutted onto the crypto stage, up 2% last week and nearly 1% today โ when the whole crypto market was screaming, โLetโs all crash together!โ XRP said, โNo thanks, Iโm fabulous.โ According to our pals at Grayscale, this diva sits pretty among the top 10 gainers. ๐๐ฐ
In case you missed the memo, XRP is not only the third largest crypto by market cap, but itโs also the *only* altcoin bragging about positive year-to-date gains, while Bitcoin, Ethereum, and their drama queens sulk in the corner. Currently trading at a modest $2.0615, because humble brag much? ๐
Table of Contents (because even chaos needs some order):
XRP leads top 10 cryptos in year-to-date gains
While the other top dogs went for a financial nosedive worthy of a slapstick comedy, XRP held its head high with a dazzling +0.2% returns. Really, a modest figure… but compared to the Titanic situation of the others, itโs like winning a marathon while others tripped on shoelaces.
Perched at a respectable +278.95% over six months, this little altcoin laughs in the face of downturns, bear markets, and even your Aunt Mildredโs bad investment advice. Weekly returns of 1.6% and a market cap strutting near $125.8 billion prove XRP is no sidekick โ itโs the star. ๐
Bullish catalysts could push XRP price higher
Now, what propelled this comeback? A little thing called SEC lawsuit resolution* โ yes, that spicy courtroom drama finally wrapped up, much like your favorite soap opera. A $50 million settlement turned Rippleโs saga from โWill they survive?โ to โEncore! Encore!โ
Thanks to some political magic (and maybe a dash of Machiavellian maneuvering), XRPโs performance lifted from wallflower to prom king. Active addresses rocketed from 16,826 pre-election (where did all those addresses hide?) to a whopping 100,000 by December 2024.
Donations to Political Action Committees? Check. Cozy Washington DC relationships? Double check. Mentioned as a potential asset for a strategic crypto stash? You betcha. Plus, XRP ETFs chilling in the background like โSoon… very soon.โ Itโs all lining up like a Broadway show about Wall Street.
XRP price prediction, 100% gains likely
If charts talk, XRP’s saying, โHold my beer.โ That descending triangle looks less like a death trap and more like a trampoline ready to bounce XRP up to $2.50 (hello, 21% gain). But why stop there? Weโre dreaming big โ 88.85% rally to $3.88, or a moonwalk 127.20% rally to $4.50? All possible.
Technical indicators like MACD flashing green and RSI chilling near neutral tell us: the bull horns are sharpening. So buckle up!
But hey, if XRP fails to close above $2.50, then it might just take a nap at $1.77. Drama, thy name is crypto!
On-chain and derivatives analysis
Santimentโs data is whispering sweet nothings: Binanceโs funding rate is positive, meaning shorts are paying longs to party. Investors with more digits than your phone book whales are holding strong, while retail investors dip out with their tail between their legs โ classic โretail panic.โ
Open interest in XRP is around $3.14 billion, hanging above the 2025 average like a VIP guest. Plus, the long/short ratio is doing the tango: under 1 generally, but smashing over 1 on Binance and OKX, suggesting traders are betting big on XRPโs encore performance.
Net liquidationโs only $2.68 million โ a small price compared to those crypto market faceplants we all pretend didnโt happen.
Rippleโs latest institutional push, XRP set to gain
Hold onto your hats, Asia! HashKey Capital just rolled out the first-ever XRP tracker fund for pros, without the pesky need to actually *own* the coins. It’s like investing in a movie without having to learn the script.
This is just the opening act for HashKey and Rippleโs upcoming collaborations โ insiders say itโs the start of a crypto buddy comedy set to rake in the box office bucks. ๐ฌ๐ธ
HashKey Capital has officially launched ๐๐๐ถ๐ฎโ๐ ๐๐ถ๐ฟ๐๐ ๐ซ๐ฅ๐ฃ ๐ง๐ฟ๐ฎ๐ฐ๐ธ๐ฒ๐ฟ ๐๐๐ป๐ฑ with ๐ฅ๐ถ๐ฝ๐ฝ๐น๐ฒ ๐๐ป๐๐ฒ๐๐๐บ๐ฒ๐ป๐ @Ripple , providing professional investors with a new way to access XRP, one of the worldโs leading digital assets! ๐
๐ ๐ซ๐ฅ๐ฃ, as a key toolโฆ
โ HashKey Group (@HashKeyGroup) April 18, 2025
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2025-04-18 12:28