April XRP Price Prediction: Can Recovery to $2.10 Hold as Trump Tariffs Fuel Bearish Fears?

The crypto market is experiencing red days as we enter the new month of April. This downturn, which started over the weekend, has been caused by Trump’s tariff announcement, which will be implemented on April 3. XRP news shows that the token was not an exception and is in a price downturn similar to the market. Yesterday, March 31, XRP saw a big drop in value, reaching as low as $2,08. Since then, the XRP price recovered, increasing and reaching a high of  $2.19. However, Trump’s tariff announcement is set to create a lot of chaos this week.

XRP Exits Oversold Zone: A Sign of Reversal or False Hope?

The XRP price crash has stopped today as the token now trades at $2.10. This marked a 0.8% daily price increase and a 12.8% price decline for the XRP token. However, today the technical indicators show mixed signals for XRP price prediction. Based on today’s RSI result, XRP has now exited the oversold zone; meanwhile, the Ichimoku Cloud gives a bearish signal. XRP’s exit from oversold condition might be a signal for a change, as it can start to consolidate now. Additionally, the short-term EMAs are bearish as they are under the long-term EMAs. 

Such a downtrend comes as we have had a number of positive XRP news stories recently. On March 19, the Ripple CEO announced that the SEC is dropping its case against them. This news led to a small price increase, which was snuffed out by the market’s selling pressure. This highlighted the strength of external pressure as the price even went lower than when it started its climb. As such, for now, the macroeconomic factors can overpower positive developments easily. 

XRP Price Outlook Dimmed by Negative Funding Rate 

However, the funding rate for the XRP token shows a bullish outlook. When long-positioned traders need more leverage, the funding rate goes into the positive range and shows a bullish condition. Conversely, if traders demand more short positions, this indicator goes negative. There are also neutral conditions, and it usually happens between  0.1% and 0.3% per seven days. As of now, XRP price prediction seems to be bearish as its funding rate stands at  -0.14%. As per this data, short traders are now using leverage, reflecting low confidence in the XRP market. Another important technical indicator is margin demand.

Chart 1 – Provided by OKX, published on OKX, April 1, 2025.

Based on Chart 1, this indicator is also bearish. These contracts are different from derivatives because they don’t need both a buyer and seller to be used. These markets allow users to borrow stablecoins and to buy XRP, and short traders can also do the same. The current long-to-short margin ratio for XRP is around  2x for long traders, which is the lowest in six months. Usually, high confidence on the market is needed before a bullish movement, which is shown by a 40x score. Anything below the 5x mark seems to be bearish.

Despite the Buzz, XRP Faces Crash — Rally Still Possible?

This is because the general interest in XRP has even surpassed Bitcoin on some occasions. On March 2 and March 19, Google’s interest rose significantly, and positive news was announced. However, as positive news fails to revive the bullish market sentiment, a further XRP price crash is possible. This can be changed as the price might see a sudden rally if a positive development regarding the trade war is announced.