XRP Price to Hit $5? Coinbase’s XRP Futures Set to Skyrocket After April 21 CFTC Approval!

Coinbase Institutional seems to be making a move in the cryptocurrency world by filing with the U.S. Commodity Futures Trading Commission (CFTC) to self-certify XRP futures contracts through its subsidiary called Coinbase Derivatives. The contract would be effective by April 21, 2025. It’s an open chance for institutional and retail investors to enjoy a regulated capital-efficient way of getting exposure to one of the most liquid digital assets, XRP. This development not only broadens the derivatives market for XRP but also inspires the XRP price, for the reason that among technical analysts, they are looking at such critical levels like $1.90 for possible breakout signals amid heightened excitement in the market.

Coinbase Advances XRP Futures Amid Regulatory Clarity

Coinbase Institutional’s self-certification of contracts with the U.S. CFTC filing is a massive step toward extending regulated crypto derivatives. The new futures will cash settle and margin from April 21, 2025, under the ticker symbol XRL. Each contract will represent 10,000 XRP valued at around $20,000 at an underlying price of $2. This would secure regulated, capital-efficient exposure to XRP for institutional and retail investors alike, thereby increasing liquidity and risk management opportunities.

The filing comes in the wake of favorable regulations after Ripple’s partial settlement with the SEC and increased institutional interest in XRP. The onset of futures will increase market participation and perhaps even shape XRP price forecasts as analysts focus on levels like $1.90 for potential breakouts. Bitnomial was the first U.S. crypto exchange, given that they had futures for XRP that went live in March. It puts this growth in line with Coinbase’s strategy to increase derivatives exposure, as Suncoin and Hedera have already been listed previously. In an overall sense, the commencement of XRP futures on Coinbase will likely widen the market for XRP and increase institutional participation, affecting price dynamics in the ensuing weeks.

XRP Price Analysis Of Last 24 Hours

XRP price movements were quite volatile, with the price chart showing frequent changes of bullish and bearish signals. The MACD showed multiple death crosses on April 3, indicating downside pressure, especially at 05:15 UTC and during the earlier hours of the day. However, golden crosses flashed, signaling the presence of short-lived upward momentum. Notably, the RSI saw heavy activity in oversold zones, particularly between 10:30 and 19:15 UTC , which tended on several occasions to serve as a lead for the short-term corrections in price. 

Chart 1, analysed by anushrivarshney2613, published on TradingView, April 4, 2025

The chart notes obvious resistance at around $2.08 and support at around $1.96. A breakout printed on the chart might suggest a temporary violation of the resistance level, which was not valid anymore. On April 4th, XRP closed at $2.09, once more testing the resistance, with an RSI depicting overbought conditions. The current setup indicates consolidation near the resistance. 

Future Outlook for XRP Price 

Coinbase’s introduction of XRP Futures months after its CFTC filing is a watershed moment in the development of the XRP market. The introduction of these products would lead to improved liquidity and attract institutional players who may have an impact on price forecasts. Analysts have been upbeat in their outlook for XRP, with some estimating that it could go as high as $15 based on technical patterns and increasing adoption; however, the SEC issue keeps putting a faint dark shadow on any optimism. XRP price predictions will remain closely intertwined with regulatory clarity and trends in the larger market ecosystem as they go through these channels.