XRP News: Ripple’s RLUSD Listing and Coinbase XRP Futures to Skyrocket XRP Price to $5?

Coinbase is making major progress in efforts to introduce XRP futures. They have submitted a request to the U.S. Commodity Futures Trading Commission for self-certification. If granted this will allow them to list XRP futures without requiring regulatory permission. This move will attract institutional investors and increase XRP price stability. The expected launch date is April 21. With more accessibility for retail and institutional traders this development could positively impact XRP’s adoption in the crypto market.

XRP Futures Approval in Sight? What Coinbase’s Move Means for Traders

Coinbase has officially filed for CFTC approval. This step hints at growing institutional interest in XRP. If approved this would provide traders with more hedging opportunities. The self-certification process allows Coinbase to proceed without direct CFTC approval, provided it follows regulatory guidelines.

We're excited to announce that Coinbase Derivatives has filed with the CFTC to self-certify $XRP futures – bringing a regulated, capital-efficient way to gain exposure to one of the most liquid digital assets.

We anticipate the contract going live on April 21, 2025.

Stay tuned… pic.twitter.com/nKUPjjnMKW

— Coinbase Institutional 🛡️ (@CoinbaseInsto) April 3, 2025

Approval of XRP futures could also boost confidence in the token’s legitimacy. XRP news has remained positive with Coinbase’s move seen as a potential catalyst for increased adoption. Futures trading is essential for price discovery and risk management making this a crucial milestone. Also, Ripple’s RLUSD stablecoin has been listed on Kraken, strengthening its ecosystem. This listing could drive further utility for XRP in cross-border transactions. If these developments align with market expectations, the XRP Price could see an upward trend.

XRP Price Prediction of April 4th

The trading day of April 3rd began with an upward trend, driven by the previous day’s golden cross. However, a death cross on the MACD line at 5:20 UTC initiated a downward movement. The RSI indicated oversold conditions at 10:35 UTC and 12:45 UTC, leading the price to find support at $1.9603. A golden cross on the MACD line at 15:10 UTC suggested an upward trend, strengthened by overbought RSI signals at 18:40 UTC and 19:05 UTC. The price fluctuated within a trading range before moving into April 4th.

Chart 1, analyzed by ShwetaCW, published on TradingView, April 4, 2025

As illustrated in Chart 1, at 5:00 UTC, another golden cross fueled an uptrend. The RSI showed overbought conditions at 6:05 UTC and from 7:30 UTC to 8:15 UTC, causing the price to test resistance at $2.1028. At 8:45 UTC, another overbought condition appeared, followed by a death cross on the MACD at 8:55 UTC, triggering a downward trend. The price decline was reinforced by continuous oversold RSI conditions from 10:20 UTC to 11:30 UTC. According to XRP price predictions, if the downtrend continues, the price could break the $1.9603 support. If reversed, it may breach the $2.1028 resistance, hit $2.1200, and climb higher.

XRP’s Future Outlook Amid Key Developments

Coinbase push for XRP futures approval marks a significant step for institutional adoption. If approved, it could enhance liquidity and reinforce its role in the crypto market. Also, Kraken’s listing of Ripple’s RLUSD stablecoin further strengthens XRP ecosystem. These developments highlight the growing interest in XRP. Based on XRP Price predictions, if bullish momentum builds it could break resistance at $2.10 reach $2.12, and move higher. If the trend weakens it might retest support near $1.96. Traders are closely watching for further XRP news to gauge the token’s next move.