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The XRP price has climbed 2% in the last 24 hours to trade at $2.01 as of 11 p.m. EST on a 25% drop in trading volume to $3.28 billion.
The rise in the price of the Ripple token comes as legal expert Fred Rispoli highlights April 16, 2025, as a pivotal date in the ongoing Ripple vs. SEC lawsuit.
On SEC v. Ripple, expect to see something happen on or before next Wednesday, 4/16, the due date for @ripple's appellate brief. Ripple cannot get an extension and either has to file it (10%) or there will be a notice of settlement/withdrawal (90%). https://t.co/j9z0CpTBQo
— Fred Rispoli (@freddyriz) April 9, 2025
According to Rispoli, Ripple is scheduled to file its appellate brief on this date, which could mark a turning point in the case’s trajectory. Importantly, an extension is impossible, making this a hard deadline that demands action.
XRP Price Bullish Reversal Brewing After Prolonged Downtrend
The XRP/USDT 4-hour chart paints a compelling picture of a potential bullish reversal in motion after weeks of consistent downside pressure. Since late March, XRP has been moving within a well-structured bearish channel, marked by lower highs and lower lows, clearly reflecting dominant selling activity.
However, that narrative appears to be shifting. Price action recently bounced off a strong support zone between $1.65 and $1.70, an area that has historically triggered significant buying interest. This bounce coincided with the formation of a parabolic curve, a classic early sign that momentum may be shifting from bearish to bullish.
XRP is now trading at $2.01 and has broken out above the upper boundary of the descending channel. This breakout is crucial, as it indicates a loss of control by bears and the emergence of bullish strength. A green retest zone lies above the channel between $1.95 and $2.05.
XRPUSDT Analysis Source: Tradingview
If the price holds above this area, it would confirm the breakout and open the door for a stronger upward move. On the momentum side, the Relative Strength Index (RSI) hovers around 54.15, signaling neutral-to-bullish conditions. The RSI has room to grow before reaching overbought territory, which supports the possibility of continued upward movement.
However, XRP still faces key resistance levels, with the first short-term resistance sitting near $2.20, which previously acted as a floor during the downtrend. A successful close above this level would likely attract more buyers. The major resistance lies at $2.60, and if bulls sustain momentum, XRP could target that area in the coming days or weeks.
On the flip side, traders should remain cautious. A failed retest of the breakout zone could lead to a fakeout and drag price back into the bearish channel. Additionally, a short-term pullback may occur if the RSI climbs too rapidly without corresponding price strength.
MIND Of Pepe Presale Closes On $8 Million – Next Crypto To Explode?
Meanwhile, as the XRP price targets a potential bullish breakout, the MIND of Pepe (MIND) has surged past $7.9 million in its presale.
Positioned as the first AI-driven evolution of the iconic Pepe the Frog meme, MIND of Pepe merges humor with cutting-edge artificial intelligence.
The project’s AI system is built to autonomously create, trade, and promote tokens, sell them for profit, and reinvest the proceeds into its native token, MIND, thus enhancing its ecosystem through self-sustaining growth.
This has drawn the attention of market influencers. The 99 Bitcoins YouTube channel, with over 725k subscribers, predicts that MIND could soar 100X once it launches.
MIND uses its AI to actively monitor real-time activity on social media platforms, with a strong focus on X (formerly Twitter). Its AI engine scans for emerging crypto trends, hashtags, and influencer activity, providing early insights to token holders through private, members-only groups.
But it doesn’t stop there. MIND’s AI also shapes those narratives by engaging directly with influencers and the broader crypto audience, amplifying visibility and potentially driving interest in its ecosystem.
One of the standout features drawing investor attention is the staking program, offering the opportunity to earn a massive 283% annual return.
Best Crypto Presale: Why Mind of Pepe is the Hottest New Crypto to Watch – https://t.co/BcfcAuzP1i Crypto Presale: Why Mind of Pepe is the Hottest New Crypto to WatchBest Crypto Presale:… pic.twitter.com/pMmecKKwJx
— Modern Diplomacy (@MDiplomacyWORLD) March 20, 2025
Currently priced at $0.0037065, MIND tokens can be purchased using ETH, USDT, BNB, USDC, or bank cards.
With a price hike coming in less than 2 days, buy soon to lock in the best deal.
Visit the MIND of Pepe website.
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