XRP News: XRP Price Drops Below $1.83 After $1.25B Ripple Deal, But Analysts Predict $10 by Year-End

    Let's explore XRP price action: descending channel, $2 resistance, and the bullish undertones of Ripple's Hidden Road acquisition.

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    Updated Apr 09, 2025 7:13 PM GMT+0
    XRP News: XRP Price Drops Below $1.83 After $1.25B Ripple Deal, But Analysts Predict $10 by Year-End

    Ripple has introduced the $1.25 billion acquisition of Hidden Road, thereby pitching itself against the leading prime brokerage firm in the industry. Ripple thus takes the giant leap of being the first-in-loss crypto towards wholly owning and operating a global multi-asset prime broker pathway it sets on while now accelerating crypto adoption. The $3 trillion clearing Hidden Road does across its markets will be operationalized with Ripple’s XRP Ledger and the RLUSD stablecoin, thus achieving a two-fold benefit improvement of settlement efficiency and scalability. XRP price has undergone some fluctuations in the short term due to the broad market winds.

    Ripple’s $1.25B Hidden Road Deal Marks Major Crypto Adoption Milestone

    Ripple has announced the purchase of Hidden Road, one of the top prime brokerage firms, for $1.25 billion. According to comments on the acquisition, it is the largest deal as far as acquisitions in the cryptocurrency space are concerned. The acquisition has thereby created the condition for Ripple to be the first crypto company to own and operate a global multi-asset prime broker to accelerate institutional adoption of crypto.

    The settlement through cash, XRP tokens, and Ripple stock is going to close in the coming months upon receipt of regulatory approval. Marc Asch, founder of the brokerage, would continue overseeing the brokerage as part of Ripple’s operations. Ripple plans to invest billions into scaling Hidden Road’s operations to meet the increasing demand for prime brokerage services in crypto markets.

    As a breakthrough point for the digital asset uptake, Ripple CEO Brad Garlinghouse added that this acquisition brings together the traditional with that which is decentralized. The XRP price thus tends toward short-term volatility in the context of wider market worries for all announcements. This acquisition reinforces Ripple’s plans to broaden the scope of cryptocurrency adoption.

    XRP Price Prediction for April 9, 2025

    On April 8, XRP prices were seen trading in a downward channel, with price fluctuations between a resistance level at $1.97 and a support level of around $1.72. The MACD indicator gave a golden cross early in the session, suggesting a bullish trend; however, the conditions soon changed as the RSI entered the overbought territory. Henceforth, the levels of XRP became slightly overvalued, and this wasn’t a good sign as the MACD was soon poised for a death cross just around noon, indicating a bearish reversal. XRP regained support by the $1.72 level as it briefly drifted back into another oversold territory on April 9.

    Chart 1, analysed by Anushri Varshney, Published on TradingView, April 9, 2025

    As of the morning of April 9, XRP’s short-term outlook was neutral at best, with price action hovering around the $1.83 mark. The barriers are set for a retest at $2.00 if bought pressures prevail. In contrast, the stronghold is expected to be around $1.72. The current integration of Ripple’s technology with Hidden Road, along with the overall growth of crypto, should fundamentally support XRP, forcing the coin through strong technical resistance.

    The Ripple Acquisition: A Catalyst for XRP’s Future Price Growth

    Ripple’s $1.25 billion acquisition of Hidden Road represents a watershed moment in the crypto sector with far-reaching implications for the price dynamics of XRP and the acceptance of crypto in general. XRP has recently faced some volatility and fallen under the $2 price point amid global trade tensions; however, analysts still hope for its long-term view. 

    The ripple acquisition blisters institutional offerings and makes it a leader in connecting traditional finance with digital assets. With plans for a global ramp-up of Hidden Road’s operations, Ripple is enabling liquidity and institutional participation in the crypto markets; XRP is expected to benefit from increased adoption and utility with incoming regulatory clarity and a growing infrastructure, possibly obtaining double-digit valuations by year-end.

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