The current quarter is the first normal for XRP in over 4 years-the future of the Ripple project
- Important events in the 2nd quarter 25 can cause a market shift for XRP, with ETFs and the economic data decisive.
- At the moment, only external influences are known, especially interest and inflation that will influence the price movement of XRP.
Kryptoanalyst Zach Rector has outlined a timeline of events that could trigger a large market movement and says that the next few months can bring the end of the long uncertainty.
As CNF reported, the key dates can influence the XRP course in April, May and June as well as developments in connection with the Sec./.ripple procedure. However, the opinions are shared. Some dealers warn of declining trend.
World economy, geopolitics and the US economy
Rector’s schedule begins With an event on April 24, the agreement on the right of mining from mineral resources in Ukraine, although he does not link this to the XRP price. But he says that geopolitical events like this could have an indirect influence on the market mood and the appetite of investors on risk systems.
On April 30, the economy data of the USA of the 1st quarter of 25 will be published. According to Rectors, these economic data can trigger large market movements. On the same day, three proshares XRP-based ETFs are launched, a historical moment. These ETFs will make XRP accessible to institutional and private investors. Since ETFs are a traditional way to invest in digital assets, they could attract new capital, which would increase the course.
According to the Rector, the GDP data can, if they are better than expected, strengthen the trust of investors, and more money will flow into risk systems such as XRP.
According to these events, the Fed’s interest decision is due on May 7th. An interest rate or keeping interest rates always influence the mood of investors compared to cryptocurrencies.
Higher interest rates mean higher inflation pressure, which can make more people seeking alternative assets such as Bitcoin and XRP as protection against inflation. The US consumer price index for April will be released on May 13th. A higher inflation than expected could mean greater demand for risk systems.
While conjuntur data are important for the market, legal and regulatory developments also have an impact on XRP. The long-lasting legal dispute between Ripple Labs and the US stock exchange supervision (SEC) is coming to an end, but it is still officially pending.
Technical XRP data
The experienced dealer Crashius Clay, for example, described XRP as a “simple short position” and cited technical resistance and weak fundamental data.
Clay and others argue that the low on-chain activity and limited generation of sales make XRP less attractive compared to Bitcoin. This pessimistic mood is reinforced by the lack of market liquidity, some dealers believe that it will lead to a correction.
But as Rector said, the combination of good economic data, legal clarity and XRP ETFs will trigger a market shift that will strengthen investors’ trust.
After reaching $ 2.22, the XRP course fell below $ 2.15 and is currently $ 2.05. After Ripple Hidden Road, a global prime broker for loans, was taken over for $ 1.25 billion.
The technical data is good and some analysts predict that XRP will reach $ 10. The current course of the course is similar to earlier cycles in which the token consolidated in front of larger price increases. Therefore, the target of $ 20 is ambitious, but given the long-term patterns that are still intact, still within reach.
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