XRP Price Rebounds as China Tariffs Spark Bitcoin Rally — Bulls Aim for $2.20
Let’s explore how China’s new tariffs sparked a rally in the crypto market and boosted the XRP price.
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The XRP price jumped reaching $2.14 today, driven by strong buying pressure. This rally came after China’s new tariffs on U.S. goods. The broader crypto market responded quickly. Bitcoin climbed to $83,664, showing investor confidence in digital assets. Ethereum also moved up to $1,811. The XRP News has caught investors’ attention due to this sharp rebound. Analysts believe rising fear in traditional markets is fueling this shift.
China Tariffs Trigger Crypto Market Momentum
China’s decision to impose new tariffs on the U.S. has shaken global markets. Stocks dipped, and investors rushed to safe havens like crypto. This reaction was swift. Bitcoin led the charge, pulling the entire crypto market upward. XRP price followed, rebounding from $1.96 to $2.14 in just 48 hours. Technical indicators backed this move. XRP showed an early bullish crossover on the MACD. Bollinger Bands signaled rising volatility. 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. According to XRP News sources, major coins are reclaiming support zones. Bitcoin is holding above $83K, and Ethereum broke $1,800. The market is stabilizing despite global tension. Investors are seeing 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. Crypto Market watchers are closely tracking global developments. In short, 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.
XRP Price Analysis of April 5
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—6:00 UTC, between 7:30 and 8:20 UTC, and again at 8:45 UTC—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 between 10:20 and 11:30 UTC, and the price found solid support at $2.0160. The bulls made a comeback at 11:50 UTC, with another golden cross on the MACD. An RSI spike at 13:55 UTC confirmed overbought conditions as the price reached resistance at $2.1627.
Chart 1, analyzed by ShwetaCW, published on TradingView, April 5, 2025
As illustrated in Chart 1, after some choppy moves, the bears regained control with a death cross at 15:40 UTC, causing further declines. Another bearish signal came at 22:05 UTC, intensifying the downward move. April 5 opened with sellers in charge, continuing the bearish momentum. A golden cross at 00:40 UTC gave bulls a slight edge, but the death cross at 1:45 UTC renewed bearish pressure. A golden cross at 4:55 UTC hints at a possible bullish reversal. According to XRP price predictions, if buyers push further, XRP could break $2.1627 and rally to $2.2000. Otherwise, support at $2.0160 remains at risk.
XRP Price Prediction
The XRP gained momentum after China’s tariff news sparked a broader Crypto Market recovery. As seen in recent XRP News, bullish signals emerged with XRP reclaiming $2.14. However, resistance at $2.16 remains a key hurdle. According to XRP price predictions, 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.
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