XRP News Today: XRP Surges 15% on ETF Optimism, AI Signals Bullish Trend

Ripple (XRP) has recently gained significant attention due to its market movements, with investors speculating on its future trajectory. The cryptocurrency experienced a 15% surge starting from April 24, coinciding with growing optimism surrounding XRP Futures ETFs. This shift in sentiment has led to a reevaluation of XRP's price prediction, utilizing data-driven insights from Token Metrics’ AI indicators and technical charts.

On April 24, Token Metrics’ proprietary AI trading indicator signaled a bullish trend for XRP just before the approval of the ProShares XRP Futures ETF. This early signal allowed traders to capitalize on the subsequent 15% rally. The predictive accuracy of these AI-driven trading signals is particularly valuable in volatile crypto environments, boosting trader confidence during key market events.

Currently, Token Metrics’ Trader Grade for XRP stands at 88.84%, indicating a strong buy. This grade reflects short-term momentum and trader sentiment, confirming that bulls are currently dominating XRP’s price action. However, the Investor Grade, which tracks long-term fundamentals and trends, remains neutral. This suggests that while XRP is experiencing short-term gains, long-term investors should approach with caution.

Technically, XRP has been trading sideways since December, forming a wide consolidation pattern. Key levels to monitor include support at approximately $2 and resistance at around $2.86. This range has been maintained for several months, but with renewed interest and bullish sentiment, a breakout above $2.86 could trigger a more substantial move. Traders should closely watch volume and ETF-related news for confirmation of this potential breakout.

Several factors are driving XRP’s momentum. The approval of XRP Futures ETFs validates institutional interest in Ripple. Additionally, Token Metrics’ AI-powered bullish signal detected momentum before the market reacted, and a strong buy rating with a near-89% trader score indicates high conviction among traders.

Looking ahead to 2025, the emergence of institutional products like ETFs and the current short-term momentum suggest that XRP may soon test and potentially break above its current resistance. If bullish momentum continues, the short-term price prediction includes a retest of $2.86 and a potential breakout toward $3 or higher. However, the long-term outlook remains sideways until fundamentals or macro trends shift.

In conclusion, while XRP is showing bullish short-term potential, the long-term picture is still neutral. Traders should watch for confirmation above resistance and keep an eye on volume and ETF developments. For more AI-powered crypto price predictions, trading signals, and investment insights, further exploration is recommended.