XRP Surges by 4.98% in April recovery, following a three-month downturn.
Check Out XRP on Google News: XRP Smashes April Slowdown* XRP Predictions for May's Market
Strutting into May with a 1.59% profit already under its belt, XRP has also vigorously climbed upwards, as per CryptoRank data. While April projected a 4.98% monthly return for XRP, it's a considerable jump from the dismal losses in previous Aprils.
Dashing April's Negative Streak
Typically, April has offered a favorable environment for XRP, averaging a 24.8% monthly return across multiple years. However, the passing three Aprils have been a different tale, plagued by declines in XRP's returns to the tune of 27.8%, 12.4%, and 20.8% respectively.
This year, though, things have taken a turn, with XRP surging by 4.98% in April, rebounding from the continuous downtrend of recent years.
XRP's Play for May
The data also reveals that XRP's April rebound signifies a notable recovery from the slumps experienced in February and March 2025, with losses amounting to 29.3% and 2.52% respectively.
The rumblings surrounding the endorsement of XRP futures ETFs, increased whale hoarding, and the SEC's clearer stance on the network have fueled a bullish trend, swelling its trading volume above $2.4 billion, according to CoinMarketCap.
Wondering Where XRP Stands Now? Here's the Score.
After plunging to a low of $2.16 lately, XRP has rebounded above essential resistance levels and has been holding steady at $2.2. If the current bullish trend persists, XRP might be in for a massive thrust in May.
As of reporting, XRP is trading at $2.22, reflecting a robust 1.35% rise over the previous day. With its market capitalization escalating above $130 billion, XRP secures the third position among cryptocurrencies, slotting in just behind Bitcoin and Ethereum.
Despite uncertainty surrounding XRP's May performance, optimistic sentiments towards the asset persist, bolstered by increasing confidence among retail and institutional investors.
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Sources: [1-4] Enrichment Data available upon request
Historical Price Performance of XRP
XRP's price history has been marked by considerable swings. By April 30, 2025, XRP settled at approximately $2.19[1]. In recent months, XRP recorded a 6.43% surge in December 2024, a 46% spike in January 2025, a 30% fall in February 2025, a 2.56% drop in March 2025, and a 4.84% upswing in April 2025[2].
- In the first week of May, XRP has already achieved a 1.59% profit, surpassing April's projected 4.98% monthly return.
- The recent surge in XRP's price has helped break the negative streak of April's dismal losses, averaging 24.8% monthly return across multiple years.
- The bullish trend for XRP has been propelled by factors such as the rumored endorsement of XRP futures ETFs, increased whale hoarding, and the SEC's clearer stance on the network.
- As of reporting, XRP is trading at $2.22, with a robust 1.35% increase over the previous day. This has helped XRP secure the third position among cryptocurrencies, with a market capitalization above $130 billion.
- Despite some uncertainty, optimistic sentiments towards XRP persist, driven by increasing confidence among retail and institutional investors.
- In the Defi space, XRP is making strides as well, indicating potential growth opportunities beyond traditional trading.
- With the average trading volume above $2.4 billion, according to CoinMarketCap, XRP is noted as a significant player in the crypto market, alongside Bitcoin and Ethereum.
