XRP price could be on the verge of a massive breakout in April 2025, as major catalysts align for a potential surge. With $1.7 trillion asset manager Franklin Templeton joining the race for a spot XRP ETF, fresh developments in the Ripple lawsuit, and bullish technical signals flashing, Ripple looks prime for a rally that could outperform the rest of the market. Will April 2025 be the turning point for the XRP price? Let’s explore.
Top 3 Reasons Why April 2025 Could Spark a Major XRP Price Rally
XRP price struggled in February and remains under bearish pressure in March as a brutal crypto market selloff continues. Despite weak demand and rising selling pressure, three key factors suggest that April could be a turning point for Ripple price, potentially shifting the trend from bearish to bullish.
Key Development on the Ripple Lawsuit on April 16
A major catalyst that could impact the XRP price in April 2025 is a potential breakthrough in the SEC vs. Ripple lawsuit. Attorney Fred Rispoli has noted that the lawsuit could potentially be resolved before April 16, 2025. In an earlier statement, Rispoli said that the new pro-crypto SEC was waiting for Paul Atkins to take over as the new Chair before dropping the lawsuit. Per Rispoli,
“Although there is no formal reason requiring it, it is reasonable to speculate that the SEC v. Ripple case is resolved–or at least something significant happens–before Ripple’s filing deadline of April 16, 2025.”
Positive developments in this lawsuit have fueled XRP price surges. In late 2024, Ripple price soared 200% after Trump’s victory sparked hopes of a pro-crypto SEC. If the lawsuit resolves in April 2025, history suggests another major rally could follow.
Franklin Templeton Joins Race for a Spot XRP ETF
Asset managers are scrambling to submit filings for spot XRP ETFs, suggesting high institutional interest in the altcoin. On March 11, 2025, Franklin Templeton, one of the largest asset managers with $1.7 trillion in assets under management filed a prospectus for a spot XRP ETF to track XRP price.
Franklin Templeton XRP ETF Filing
This filing came after the SEC delayed its decision on the other submitted filings for a Ripple ETF until May 2025. However, Bloomberg analyst James Seyffart believes the delay was standard procedure until Atkins takes over as the new chair.
Franklin Templeton joins Fidelity and other top asset managers who have filed for a spot XRP ETF. The flurry of filings shows high institutional interest in this product, which could see BlackRock joining the race and stirring a parabolic rally for XRP price in April 2025.
XRP Price Gears for Rally as Technical Indicators Flip Bullish
Besides these catalysts, XRP price also seems poised for a parabolic rally after technical indicators on the 4-hour chart flipped bullish. XRP price today trades at $2.18 after a 3.7% gain in 24 hours.
The volume profile bars indicate that Ripple has entered a strong buy zone, which could accelerate the uptrend toward the 50% and 78.6% Fibonacci levels of $2.45 and $2.76, respectively.
The Awesome Oscillator bars have flipped green, which is indicative of rising bullish momentum. If these bars flip positive, it could set the stage for a parabolic rally for XRP price past $3.
XRP/USDT: 4-hour Chart
Conclusion
April 2025 could be a make-or-break month for XRP price, with key catalysts aligning for a potential breakout. A potential breakthrough in the SEC vs. Ripple lawsuit, optimism around an XRP ETF approval, and bullish technical signals indicate Ripple price is on the verge of another explosive rally.
The post Here’s Why XRP Price Will Soar In April 2025 appeared first on CoinGape.
