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XRP Ledger Developer Predicts 370-600% Price Surge

Coin WorldSunday, Apr 6, 2025 9:01 am ET
2min read

Chris Dangerfield, a prominent developer in the XRP Ledger (XRPL) ecosystem, has expressed strong optimism for the crypto market in April 2025. He believes that the current apprehension towards digital assets will end soon, paving the way for significant price surges for leading cryptocurrencies like Bitcoin and XRP. Dangerfield revealed that he had met with an influential figure who issued bold predictions for both assets. According to this prediction, Bitcoin could reach $250,000, while XRP might climb to $10-$15. The XRP price is currently at $2, so achieving this target will require a growth of 370-600%. Similarly, Bitcoin would need to grow by close to 300% from its current price of around $82,000.

Despite the ambitious predictions, Dangerfield remains confident in their plausibility. He said that it is only a matter of time before these forecasts happen in real time. However, he admitted that there is uncertainty about which asset will reach its target first. His bullish perspective is also warranted by the ongoing development projects on the XRP Ledger, which could bolster XRP’s performance on the charts. Adding to this optimism is the announcement of a Strategic Crypto Reserve by the United States President. XRP has been a major contender for this reserve, given its banking and payments solution-oriented nature. Also, the market hype has been at its highest, with the STABLE Act also being passed for further deliberations.

Ask Aime: How likely are the predicted price surges for Bitcoin and XRP by Chris Dangerfield, and what factors support his optimism?

However, even after such developments, both Bitcoin and XRP have underperformed in the recent week. The XRPL developer links this to the recent market crashes, which he believes will get better in late April. As the crypto market continues to evolve and regulatory frameworks are made, Dangerfield’s predictions showcase a potential period of transformation for digital assets. XRP began trading at $2.13, facing strict resistance at $2.14. The XRP price tested the resistance at first, but failed to break across. It soon fell back to the support. As buying pressure picked up momentum again, XRP tested the resistance again. With a slight correction, XRP ascended and broke the resistance, going to $2.17. The RSI ventured into the overbought region at this point, and a downturn waited around the corner. The downturn occurred as XRP plunged, going down to $2.12. With slight correction, the price rested at the $2.118 support. XRP went on to display range-bound behavior with $2.1374 as the resistance.

At the stroke of midnight, a golden cross formed, and XRP rode the uptrend to break the golden cross, going to $2.155. With the RSI almost overbought, the selling pressure took control, and another downtrend followed, taking XRP $2.12. It stabilized around that price for a while, but the bears continued to dominate as XRP plunged further, going to $2.085 support. As of the latest update, XRP looked set to test the support once again. While bullish predictions come in every day for XRP, its regulatory and legal issues still haunt its performance. XRP had been holding on above the $2 level, but now it is on the brink of losing its high ground. With the buying pressure failing to take off, XRP looks poised to let go of the support. If it does, a dip before $2 is imminent. However, the brevity of this dive will matter a lot for future action. If it spends too much time, some undesirable XRP news may be on the cards.

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Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.
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