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The XRP price has increased 2% in the last 24 hours to trade at $2.29 as of 3:45 a.m. EST on a 1% drop in its daily trading volume to $2.4 billion.
The rise in the XRP price comes after the XRP Ledger developers announced an Ethereum-compatible sidechain slated for Q2 2025. The XRPL EVM Sidechain is already live on Testnet.
📢 The wait is over… Excited to share that the XRPL EVM Sidechain is now live on Testnet! 🔥🚀
🤝 In a great collaborative effort between the @RippleXDev, @Axelar, @CommonPrefix and @Peersyst teams, we've been able complete this critical milestone in preparation for the… pic.twitter.com/wa0nXVW41e
— Peersyst Technology (@Peersyst) March 31, 2025
This move could be a game-changer, bridging the gap between XRP’s lightning-fast transactions and Ethereum’s sprawling DeFi ecosystem. Will the XRP price soar on this development?
XRP Price Faces Resistance Despite Glowing Fundamentals
The XRP/USDT chart on a 12-hour timeframe displays a mixed but intriguing trend. The XRP price is hovering around $2.29, with a slight intra-day dip of -0.63% from a high of $2.32.
The 50 Simple Moving Average (SMA) sits at $2.276, while the 200 SMA is at $2.246, both below the current price, suggesting a potential bullish tilt in the short term.
The green 50 SMA is slightly curling upward, hinting at some bullish momentum building if XRP can break resistance.
The chart shows a strong resistance around $2.365 and a support zone near $2.246. If the sidechain news introduces hype, the XRP price could smash through that resistance, targeting $2.654 or even $3.206, a 13.95% upside from the current level.
However, if the market remains shaky, a drop below $2.2469 could lead it to test $2.04.
XRPUSD Analysis Source: TradingView
XRP Price Prediction: 13% Breakout Up Ahead
The Moving Average Convergence Divergence (MACD) on the bottom is flatlining, with the MACD line above the signal line, showing neutral to slightly bullish momentum. The Relative Strength Index (RSI) at 55.95 is in the middle ground but facing downward, showing that bullish momentum may be waning.
The Ethereum-compatible sidechain could be XRP’s ticket to show its cross-chain capabilities and attract DeFi degens as well as institutional cash. If the launch goes smoothly in Q2, traders could expect a bullish surge to $3.00 and beyond by the end of July, if volume spikes.
However, if any negative political headwinds prevail or the broader crypto market experiences a dip, it could cap gains. For now, the chart signals that the XRP price is holding steady, eyeing a breakout above $2.36.
Snorter Token Presale Soars Past $684K: The Next Crypto To Explode?
As the XRP price tries to break through resistance, investors are flocking to a new Telegram trading bot presale called Snorter Token (SNORT) that has raised over $684k in its presale.
Snorter isn’t just another meme coin riding the hype train. It’s a Solana-based trading bot designed to give everyday traders the speed and tools usually reserved for whales and bots. Imagine sniping a token the second it launches, before most people even see it on a DEX.
That’s Snorter’s edge: sub-second swaps, copy trading, and real-time portfolio tracking, all from your Telegram app. No clunky browsers, no lag, just results.
$500k in one week. We’re trippin’ on success. pic.twitter.com/sRRjImJLAr
— Snorter (@SnorterToken) June 9, 2025
Meme coins like Pepe (PEPE) and Bonk (BONK) have delivered jaw-dropping gains in the past year alone. But the reality is that most traders missed out, tripped up by slow execution or eaten alive by bots.
Snorter flips the script with features like MEV protection to dodge frontrunning and an 85% success rate at spotting rug pulls and honeypot scams.
Holding SNORT tokens unlocks the full experience: trading fees drop to a market-low 0.85%, compared to 1.5% or more elsewhere. Additionally, early investors can stake their tokens for a high 469% APY, although this rate decreases as more investors join the pool.
Prominent YouTube channel 99Bitcoins, with over 723k subscribers, says SNORT has the potential to soar 10X on launch.
To grab SNORT tokens, head to the official Snorter Token website, connect your wallet, and buy with SOL, ETH, USDT, or even a bank card.
Currently, the token is priced at $0.0949 per unit, but investors may want to act quickly, as a price hike is expected in around 2 days.
Visit the Snorter Token website.
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