XRP Eyes $2.50 After ETF Filing as Trading Volume Tops $3B

Liquidity and Legal Wins Drive XRP Optimism

Liquidity is key to ETF eligibility and XRP excels in this regard. With global trading volume consistently in the top 5 and deep order books across major exchanges, XRP meets ETF requirements. High liquidity means smoother execution and less slippage—important for fund managers and retail traders.

• Market Cap: $121.3 billion

• Circulating Supply: 58.3 billion XRP

• Max Supply: 100 billion XRP

• Price Range (Q1): $1.60 – $2.20

And then there was the March 19 announcement by Ripple CEO Brad Garlinghouse that the SEC dropped its case against Ripple. XRP went up 14.79% to $2.57. While macro headwinds and geopolitical tensions in early April sent it back down to $1.69, XRP has shown resilience.

On-chain data and technicals also look good. The RSI is at 60, showing balanced momentum and the 50 day EMA is at $2.03—now a level to watch.

XRP/USD Technicals: Is a Pullback Next?

From a technical standpoint, XRP’s drop below the trendline and 50-EMA means bullish momentum is fading. Price is stuck at $2.08 with $2.11 as short term resistance. The RSI is at 39, not oversold.

If XRP breaks below $2.06 on volume, traders can look for support at:

• $2.00

• $1.92

But if XRP takes out $2.11 with strength, it could be a fresh rally to $2.25 and higher if ETF speculation heats up.

Beginner Trade:

• Short Entry: Below $2.06 on confirmation

• Target Range: $2.00 – $1.92

• Stop Loss: $2.12

Pro Tip: Let the trend confirm your trade—don’t rush. ETF news can be volatile, so use stop losses wisely.