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The XRP price climbed 3% in the last 24 hours to trade at $2.1357 as of 4:55 a.m. EST, with trading volume skyrocketing 66% to $1.8 billion.
This comes as pro-XRP lawyer, John Deaton, said that the Ripple token will soar to flip and replace Ethereum as the number 2 crypto by market capitalization in 2025.
🚨KABOOOOOOOOOM: $XRP IS GOING TO REPLACE ETHEREUM THIS YEAR SAYS JOHN DEATON 💥 pic.twitter.com/rSdMXUEygU
— Brett (@Brett_Crypto_X) April 21, 2025
The increase could also be fueled by the launch of XRP future contracts trading on Coinbase Derivatives.
BOOOOOOOOOOOOOOOOOM!!!
Coinbase’s launch of #XRP derivatives is set to go live within the next 24 hours! 💥🔥 pic.twitter.com/RlMDMg4ayH
— JackTheRippler ©️ (@RippleXrpie) April 20, 2025
Ripple Token Price Aims For A Breakout
The XRP price on the daily chart presents a compelling case for a potential bullish breakout after the formation of the descending triangle pattern, a bearish-leaning consolidation pattern.
In the chart, the Ripple token price has been compressing within the descending triangle pattern, bounded by a descending resistance line and a relatively flat support level.
The price of XRP has now broken above the resistance of the descending triangle, which often signifies a trend reversal.
XRP is also trading above the 200-day Simple Moving Average (SMA) ($1.9335), a key long-term trend indicator, and is attempting to reclaim the 50-day SMA ($2.2134), according to GeckoTerminal data. If the breakout sustains, this alignment supports a potential shift toward a bullish trend continuation.
Moreover, the Relative Strength Index (RSI) is currently sitting at 50.85, a neutral position leaning toward bullish territory. This suggests that XRP is neither overbought nor oversold, leaving room for further price appreciation if buying momentum increases.
Meanwhile, the MACD (Moving Average Convergence Divergence) shows a developing bullish crossover. The MACD line (blue) has crossed just above the signal line (orange), and the histogram is beginning to turn positive.
XRP Price Prediction
Given the technical breakout from the descending triangle pattern, the bullish RSI near the midline, and a developing MACD crossover, the conditions suggest the XRP price is poised for a potential rally.
If the breakout sustains with volume confirmation, the projected upside move targets around $2.81, a 32% increase from the breakout zone near $2.13.
However, a failure to maintain momentum above the 50-day SMA or a drop back below the triangle resistance and 200-day SMA would invalidate the bullish setup, potentially signaling a return to consolidation or a bearish turn.
Meanwhile, investors are flocking to buy a new Solana project called Solaxy (SOLX). Popular YouTube channel 99Bitcoins, with over 725K subscribers, says the crypto has the potential to soar 100X post-launch.
Solaxy Presale Closes On 31 Million – Next 100X Crypto?
Solana’s speed and low fees are well-known, but reliability at scale has been its Achilles’ heel, especially when compared to Ethereum. While Ethereum leans on Layer-2s to manage network load, Solana has gone at it alone.
Enter Solaxy, the first native Layer-2 solution for Solana, built to solve its growing congestion and scalability issues.
With Solaxy, Solana could finally unlock sustained growth and developer confidence without compromising the performance it’s famous for.
The project aims to address Solana’s network congestion issues by implementing off-chain processing mechanisms similar to Ethereum’s Layer-2 solutions.
This model has already successfully scaled a blockchain through platforms like Arbitrum and Optimism.
By processing transactions off of Solana’s main chain, bundling them together, and submitting them to the mainnet for final verification, Solaxy’s system enhances efficiency.
Once launched, Solaxy will also provide a platform where developers can build decentralized applications or launch new tokens without compromising Solana’s Layer-1 capabilities.
The project has already raised $30.95 million through its ongoing presale, signaling strong market demand at this early stage.
Investors interested in participating in the presale can visit the official Solaxy website to buy SOLX tokens for $0.0017 each using BNB, ETH, USDT, or a bank card.
Solaxy also offers holders who stake SOLX a huge annual yield of 130%.
Interested investors will want to buy SOLX before the next presale price hike in less around 7 hours to secure the best deal.
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