The crypto market, led by Bitcoin (BTC), has experienced an increased level of bullishness amid an optimistic outlook for the ongoing tariff trade wars. Ripple Labs’ XRP has gained over 12 percent in the past seven days to trade around $2.15 on Tuesday, April 15, during the early European session.

Moreover, the overall crypto Open Interest (OI) has surged from $85 billion, recorded on March 11, to around $101 billion at the time of this writing. 

XRP Price Analysis

In the daily timeframe, it is evident that XRP price has invalidated a macro reversal pattern, characterized by head and shoulders (H&S) coupled with bearish divergence of the Relative Strength Index (RSI). The large-cap altcoin, with a fully diluted valuation of $215 billion and a 24-hour average trading volume of around $2.6 billion, has already broken out and retested a fall logarithmic trend established since early March 2025.

As a result, XRP price is well positioned to rally at least 30 percent towards the next liquidity zone between $2.8 and $3. However, a consistent close below $2 in the coming weeks will lead to further correction and delayed bullish sentiment.

The bullish sentiment for XRP is bolstered by a rising number of spot buyers on Binance, whereby 66.86 percent of traders with open XRP positions are going long.

Market Outlook

The future growth prospects for XRP are heavily backed by a clear crypto regulatory outlook in the United States among other major jurisdictions. The closure of the long-standing SEC vs Ripple case has helped increase the overall investor’s confidence in XRP and Ripple’s products.

With the Donald Trump administration seeking to tap into the crypto market to revamp the country’s financial system, XRP, which was identified by the SEC as a payment asset, is well positioned to rally further in the coming quarters.