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Donald Trump’s decision to suspend the ongoing tariff war has reversed what looked like a major 80%-90% crypto sell-off. The announcement sparked a swift recovery, with global markets regaining between $2.5 to $4 trillion in value—reviving bullish hopes, especially for altcoins like Ripple’s XRP.
Earlier this week, Bitcoin plunged from $83,000 to $75,000 as fears of escalating tariffs triggered widespread panic. U.S. equities followed suit, shedding $1.5 trillion in a matter of hours. Altcoins, including Ethereum (ETH), Cardano (ADA), and XRP, followed the downtrend. But when Trump paused the trade aggression, the sentiment quickly flipped.
Bitcoin rallied back into the upper $80,000s, and altcoins began their own recovery—bringing renewed hope for a historic altseason. Market analysts now expect a string of new all-time highs, this time led by altcoins. Ripple’s XRP stands out among them, with analysts predicting an 8x rally that could send its price to $16.50 and potentially even higher.
HISTORY POINTS TO XRP'S NEXT WAVE LEADING TO $16.5+!
— JAVON⚡️MARKS (@JavonTM1) April 9, 2025
THAT IS A NEAR 8X FROM HERE 📊!$XRP pic.twitter.com/zdpOHCJnss
One analyst, closely tracking XRP’s price action, sees a bullish breakout forming. The asset, currently trading near $2 according to CoinMarketCap, remains within striking distance of its previous ATH of $3.84. With Ripple reportedly nearing final resolution in its long-running SEC case, speculation is mounting that a settlement could trigger a major price surge.
#XRP – 🆙 Symmetrical Triangle ($30):
— EGRAG CRYPTO (@egragcrypto) April 10, 2025
Let’s focus on this cycle for the breakout from the symmetrical triangle. Instead of using the triangle’s measured move, I’m looking at the last pump from the 2017 cycle, which was an incredible 2,600%! Starting from $1.20, if we see a… pic.twitter.com/FLIDZgTTee
The most optimistic projections suggest XRP could hit $30 in this bull cycle. Historical comparisons are fueling this outlook: during the 2017 rally, XRP posted a 2,600% gain. If the current pattern mirrors that cycle, the next wave could begin from a retracement at $1.20—launching XRP to fresh highs.
With macroeconomic shifts favoring risk assets and legal clarity potentially on the horizon, XRP might be gearing up for its biggest move yet.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
Also Read: Ripple’s $1.25B Hidden Road Deal: Could XRP Hit $10 If Volume Flows to XRPL?
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
