XRP News: Ripple Drops Cardano Logo in Tokenization Clip, Bullish Forecast Eyes $2.10

    Let’s explore the XRP Price prediction as Ripple sparks partnership rumors with Cardano, hinting at a major market move.

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    Updated Apr 08, 2025 5:45 PM GMT+0
    XRP News: Ripple Drops Cardano Logo in Tokenization Clip, Bullish Forecast Eyes $2.10

    Ripple has ignited speculation of a potential partnership with Cardano after a recent clip on tokenization featured Cardano’s logo. The video highlights the sector’s projected growth to $18 trillion by 2033. This prompted rumors of a collaboration between the two blockchain giants. If confirmed experts predict the XRP price could soar to $3.40. However, with BTC crashing and Open Interest in XRP markets dropping, the current sentiment remains bearish. This XRP news has made investors cautiously optimistic, awaiting clarity on the Ripple-Cardano speculation. That could have significant implications for both projects and their market performance.

    Ripple Sparks ADA Partnership Rumors 

    Ripple’s latest promotional clip on tokenization has stirred major buzz across the crypto market. They prominently feature Cardano’s logo at the beginning. This visual teaser has led to speculation about a potential partnership between Ripple and Cardano, two of the most prominent US-based blockchain projects. The video discusses the booming tokenization sector, projected to hit $18 trillion by 2033, aligning with both platforms’ long-term goals.

    Currently, XRP is battling bearish market conditions. Following Bitcoin’s recent plunge below $80,000, Open Interest in XRP dropped from $3.22 billion to $2.83 billion, indicating investor caution. This sell-off pressure, combined with market uncertainty, could push XRP down to $1.60 or even $1.50 unless sentiment improves. While some analysts believe the Cardano mention could be accidental or AI-generated, others see it as a deliberate move toward future collaboration. Either way, this development has placed XRP and ADA firmly in the spotlight of the crypto market.

    XRP Price Prediction of April 8

    The trading session on April 7th carried forward the bearish momentum from the previous day, setting off a downward trajectory. Oversold conditions on the RSI indicator at 4:40 UTC led the XRP price to test support at $1.7791. However, persistent selling pressure pushed the price further down, breaching support and touching $1.6133 by 6:50 UTC. A Golden Cross on the MACD at 7:10 UTC helped reverse the trend, with the price bouncing back to the earlier trading range. As the recovery gained pace, an overbought condition caused the price to hit resistance at $2.0113. A Death Cross at 15:00 UTC marked the start of a new downward channel, with XRP price moving moderately within it. 

    Chart 1, analyzed by ShwetaCW, published on TradingView, April 8, 2025

    As illustrated in Chart 1, April 8th opened with range-bound movement, but another oversold signal created slight downward pressure. At 9:20 UTC, a Death Cross on the MACD confirmed the return of bearish pressure, though a Golden Cross at 7:20 UTC attempted to trigger a recovery. As per the XRP prediction, if the bullish momentum sustains, XRP may break above $2.0113 and reach the $2.1000 zone. However, if bears take over again, the price could fall below the $1.7791 support level, possibly dipping toward $1.7000.

    Ripple Rumors Stir Hopes, But Market Remains Cautious

    While the Ripple-Cardano partnership remains speculative, it has sparked renewed interest in XRP news and its potential role in the tokenization boom. However, given the current bearish pressure in the broader market, the excitement may be short-lived without official confirmation. As per the XRP prediction based on the April 8 analysis, if bullish momentum returns, XRP Price could break the $2.0113 resistance and move toward $2.10. On the downside, failure to hold support at $1.7791 could drag XRP to $1.70.

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