Analysts expect explosive growth XRP in April

Analysis of charts and historical trends predict a 30% increase in XRP as early as April

Analysts expect explosive growth XRP in April

XRP has finally broken out of the bearish decline and entered the green zone. The coin is trading at $0.6458, up 1.39% in the last 24 hours. Over the past 7 days, the coin has increased in price by 7.32%, and its monthly growth is 19.67%. Since experts expected this rebound to happen in late March, traders are wondering how XRP will perform in April.

If historical analysis is to be believed, analysts are predicting XRP to grow by 30% in April. XRP's latest price action shows the coin's consistent positive momentum in April. Experts expect that during the next surge, the value of the cryptocurrency could reach $1.

Within a month, the average profitability of XRP reaches 31%. Given the upcoming Bitcoin halving in April, the outlook for XRP is even more optimistic. Despite the slight decline in XRP price in April 2022 and 2023, April 2019, 2020, and 2021 brought huge gains. It is worth noting that in April 2021, the price of XRP increased by 174.1%. However, 2021 was the year when most cryptocurrencies peaked and then fell significantly.

However, negative developments around RippleX are hindering this plan. Ripple's development arm has encountered technical difficulties that could impact XRP's market performance.


Earn $25 right now!

$25 welcome bonus to all new Binance users.

Lost password? No problem! Enter your email address to confirm your account.