Ripple’s XRP has been one of the most versatile assets in the cryptocurrency market. While the network has pushed to highlight its utility, the price of the asset failed to make it big for years. This was due to the numerous legal trials that it faced for years by the Securities and Exchange Commission (SEC). The mere hope of Ripple walking out of this chaos boosted the price of the altcoin. As the community steps into the second quarter of the year, XRP investors are eager to witness the asset’s rise or fall during April.
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How Did XRP Start The Month of April?
The fourth largest cryptocurrency stepped into April on a rather good note. XRP recorded a nearly 2% uptick over the past 24 hours. At the time of writing, the asset was trading at $2.13. This was a notable jump from its daily low of $2.07.
Amidst this, the overall sentiment of the community was positive. According to data from CoinMarketCap, about 88% of the total 921.5K votes were bullish about XRP’s potential rise. Only 12% were not confident about the asset. It should be noted that this optimism saw an increase just as the new month began. The community was skeptical during the last few days of March.
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April 5 Price Prediction
Ripple’s cryptocurrency is all set to record a slight surge during the first week of April. The altcoin is expected to increase by 4.14% from its current price level. According to data from CoinCodex, XRP is slated to trade at $2.23 on April 5. The current week might be bullish for the altcoin holders. This positive start to the month is expected to boost the confidence of the entire market.
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