XRP Surges 9% to $2.14 as China Tariffs Spark Crypto Rally
3min read The XRP price experienced a significant rebound, reaching $2.14, driven by strong buying pressure. This surge was triggered by China's imposition of new tariffs on U.S. goods, which sparked a broader rally in the cryptocurrency market. The broader crypto market responded quickly, with Bitcoin climbing to $83,664 and Ethereum moving up to $1,811. This rally came after China’s new tariffs on U.S. goods, which shook global markets and caused stocks to dip. Investors rushed to safe havens like crypto, with Bitcoin leading the charge and pulling the entire crypto market upward. XRP followed, rebounding from $1.96 to $2.14 in just 48 hours. Technical indicators backed this move, with XRP showing an early bullish crossover on the MACD and Bollinger Bands signaling rising volatility. The RSI confirmed strong momentum, with prices pushing toward key resistance levels. If this trend continues, XRP may soon test $2.20.
The total market cap stands at $2.78 trillion. Major coins are reclaiming support zones, with Bitcoin holding above $83K and Ethereum breaking $1,800. The market is stabilizing despite global tension, as investors see crypto as a hedge. The fear of more tariffs or trade war escalation could push more funds into digital assets. XRP has become a clear winner in this shift, with crypto market watchers closely tracking global developments. XRP’s move wasn’t random—it followed Bitcoin’s lead and broader market sentiment. With resistance near, traders are waiting for the next move.
The April 4 trading session began with sideways movement as buyers and sellers tested the waters. A golden cross on the MACD at 5:05 UTC signaled bullish momentum. RSI indicated overbought conditions at multiple intervals, suggesting weakening buying power. At 8:50 UTC, a death cross triggered a bearish shift, pushing XRP into a downward trend. RSI dipped into oversold territory, and the price found solid support at $2.0160. The bulls made a comeback, with another golden cross on the MACD. An RSI spike confirmed overbought conditions as the price reached resistance at $2.1627. After some choppy moves, the bears regained control with a death cross, causing further declines. Another bearish signal intensified the downward move. April 5 opened with sellers in charge, continuing the bearish momentum. A golden cross gave bulls a slight edge, but the death cross renewed bearish pressure. A golden cross hints at a possible bullish reversal. If buyers push further, XRP could break $2.1627 and rally to $2.2000. Otherwise, support at $2.0160 remains at risk.
The XRP gained momentum after China’s tariff news sparked a broader crypto market recovery. Bullish signals emerged with XRP reclaiming $2.14. However, resistance at $2.16 remains a key hurdle. If buyers push further, XRP could break $2.1627 and rally to $2.2000. Otherwise, support at $2.0160 remains at risk. The next move largely depends on Bitcoin’s trend as overall market sentiment continues to influence XRP’s direction. Traders are advised to monitor key indicators before making decisions.
The XRP price has shown bullish signals, trading at around $2.1375, near a key resistance area between $2.14 and $2.15. The cryptocurrency has recovered from the $2.10 support level, establishing consecutive higher low points that indicate rising demand. Technical indicators such as the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) support this bullish momentum. The RSI stands at 60.36, showing positive momentum without being overbought, while the MACD golden cross and progressively growing green histograms suggest an upcoming price surge.
Ask Aime: What factors contribute to XRP's strong rebound and potential future movements in the crypto market?
The XRP Ledger (XRPL) ecosystem is dynamic and complex, influenced by various factors including user adoption, developer activity, and market trends. Validators on the XRPL emphasize the importance of active user participation to speed up the adoption of RLUSD, a stablecoin on the XRPL. The expansion of the XRPL system relies on enhanced interaction between retail consumers and institutional entities. Users are encouraged to actively convey their needs to developers, back new network applications, and maintain their use of the network to build a strong and dynamic XRPL ecosystem. The community around the XRPL acknowledges user interaction as a key element in deciding strategic paths for development. User-developer communication and active involvement are essential for the prolonged expansion of the XRPL ecosystem. The deployment of smart contracts on the XRPL presents challenges to developers, as the platform continues to evolve. The use of an Ethereum Virtual Machine (EVM) sidechain serves as a temporary solution for developers wishing to construct blockchain applications during this period. The native smart contract features expected to arrive in the future will further enhance the capabilities of the XRPL.
The price of XRP has the potential to surpass the $2.15 resistance level, opening an opportunity to rise toward the $2.17–$2.18 range. However, if market conditions change, the price might transition into a brief pullback toward the $2.10–$2.11 range. Traders must monitor price action alongside volume data, as the technical indicators currently indicate bullish momentum. The future of XRP Ledger (XRPL) will be influenced by market trends and technical indicators, making it a cryptocurrency worth watching in the current market. The price of XRP will start moving toward the $2.17–$2.18 range once it breaks the resistance level at $2.15. The market could retrace back to support between $2.10 and $2.11 if the holders fail to maintain the current position. Analysts need to observe rising positive trading volumes along with resistance-breaking strength to validate additional price growth.
