On April 4 XRP grew swiftly by 3.21% to reach $2.1288 before other coins in the market even gained the projected 0.85%. Market optimism around an XRP ETF grows because investors believe BlackRock could lead institutional demand. Market participants follow SEC XRP ETF reviews which cover 18 active applications.
Market expectations grow that BlackRock may decide to enter XRP ETF investments despite its lack of approval in the space. When institutions take more interest in XRP it will drive up its price potential for the future. People still have positive hopes although government rules continue to bring doubt.
XRP Faces Key Resistance Zone
On March 19 Brad Garlinghouse predicted the SEC would drop its appeal about Ripple sales classification. Market participants remain hesitant because the SEC has not yet taken a clear position on the matter. The currency experienced a great decrease of 28% in value as investors showed clear concern for recent legal actions.
Bitcoin holds steady at approximately $83,000 through fluctuating markets because investors think global economic concerns and stock price declines from trade conflicts do not affect it. The market shows Ripple behaving differently from Bitcoin because investor reactions depend on court reviews and network participation.
At the moment Ripple trades for $2.1375 USDT as it pushes against vital resistance between $2.14 and $2.15. The MACD golden cross and RSI reading of 60.36 show that buying power is growing in the market without suggesting excessive market heating. The price of Ripple may rise towards $2.17-$2.18 when buying strength surpasses $2.15 as resistance.
Market participants pull their orders when XRP fails to seize the $2.15 barrier and the price drops back towards $2.10 to $2.11. Experts agree that trading activity growth proves if the market uptrend will stick. Ripple projected growth depends both on how buyers act next and if regulators give clear rules plus backing by an ETF.