XRP Price to Rise by 2600%!? Ripple CEO Reveals Bold Vision Amid Bitcoin’s Decline

    Let’s take a look at the Ripple CEO’s latest interview, as predictions of XRP going to $30 make headlines.

    News Room

    Author by

    News Room

    Updated Apr 12, 2025 4:34 PM GMT+0
    XRP Price to Rise by 2600%!? Ripple CEO Reveals Bold Vision Amid Bitcoin’s Decline

    In the latest XRP news, Ripple CEO Brad Garlinghouse has made the headlines yet again after making a compelling case for XRP’s future during the recent Bitcoin volatility. Garlinghouse appeared on The Claman Countdown on Fox Business, where he discussed the XRP price and its future. As Bitcoin fell from its December high of $109,000 to a stable $82,000 now, Garlinghouse encourages a long-term perspective over short-term price reactions. “I don’t think about it in short-term timeframes. I think about the macro trends in crypto and the XRP ecosystem,” he stated.

    Ripple’s $1.25 Billion Acquisition: A Game-Changer

    Garlinghouse highlighted Ripple’s acquisition of Prime Broker Hidden Road for $1.25 billion. He called it ‘the largest and most significant deal in the crypto industry to date’. He said that the shifting attitudes towards risk assets have enabled such bold moves, noting that restrictive policies have stifled innovation before.  “We’re now seeing a significant change across the board. An acquisition like that would have made no sense a year ago, and it makes a lot of sense now,” he remarked.

    Analyst Predicts XRP Price Could Touch $30

    While XRP gains rapid momentum in the industry, its price is also expected to do wonders. Almost at the same time as Garlinghouse gave this interview, famous crypto analyst Egrag Crypto has analyzed the potential for massive XRP growth. The analyst identified a symmetrical triangle pattern, which closely resembles XRP’s historic 2600% rally in 2017. If the pattern repeats, XRP could surge to $30 or beyond. “ This breakout could propel the XRP price as high as $32.36,” noted Egrag in his XRP price analysis. 

    With Ripple’s acquisition and bullish market predictions, Garlinghouse’s vision for XRP looks set to contribute massively to the crypto market. As he put it in the interview, “We’re focused on where the industry will be in three years, not the next six months”. Given XRP’s ambitious nature, let’s take a look at the latest XRP price action and try to analyse the latest patterns and trends that emerge.

    XRP Price Analysis: XRP Consolidates, Upward Breakout Imminent?

    XRP began trading at the $1.969 price point. It was going on a downtrend from the previous day. However, with the RSI nearing overbought levels, a golden cross formed at 1:00 UTC as XRP spiked up right after to $2.001. It consolidated around that price until morning. At 9:00 AM UTC, it found another golden cross as it tested the resistance. The first attempt was rejected by the $2.024 mark, as XRP faced a reversal. However, it soon made a comeback and went just beyond the resistance.

    Chart 1: published on TradingView, April 12, 2025

    With the RSI almost overbought, a trend reversal occurred as XRP fell to $1.9925. Rapid action on the MACD indicator corroborated the fluctuations on the chart as xRP finally found support at $1.987. Soon, a channel formed, taking XRP up to the $2.0116 support. A momentous golden cross formed at 16:25 UTC, as XRP spiked up again, this time going up to $2.0645. Overbought conditions prevailed as XRP faced strict corrections, taking it all the way down to $2.003 at 3:00 UTC. Since then, XRP has staged another uptrend, surging just beyond the $2.067 resistance. 

    XRP Price Prediction: Can XRP Sustain a Significant Uptrend Today?

    It is worth noting that XRP has kept climbing despite the overbought conditions. This means that the bullish trend is high right now. However, the moment the buying spree loses steam, XRP is bound to face steep corrections. Given that, it may be wise to wait for the second half of the day to make informed decisions. If XRP is able to find a support close by, $2.1 may be a few days’ work. 

    News Room

    News Room

    Editor

    Newsroom is the editorial team of CoinfoMania, delivering 24/7 crypto news, market insights, and in-depth analysis. With 30+ journalists worldwide, we keep you ahead in the blockchain space.

    Read more about News Room

    Loading more news...