XRP Price Targets $10 — Can U.S. Stablecoin Legislation Spark the Next Big Ripple Rally?

XRP has recently shown a notable price recovery, moving from a local bottom near $2 toward a high around $2.20. This five percent increase comes as anticipation grows regarding Congress’s upcoming review of new stablecoin legislation on April 2nd. The bill is expected to establish a regulatory framework for stablecoins, possibly benefiting Ripple’s RLUSD and encouraging institutional adoption.

Market participants closely observe whether the legislation will offer the clarity required for broader market acceptance. Regulatory news historically impacts crypto prices significantly, and positive XRP news could position this cryptocurrency for a substantial rally. With Ripple’s growing focus on compliance and integration within financial systems, the potential for a major price move is increasing.

How Regulatory Clarity Could Fuel an XRP Price Rally

The stablecoin legislation under review is viewed as a critical element that might shape Ripple’s future path. Executives at the company have been vocal about the necessity for clear regulations. They believe a clearly defined legal structure would enhance institutional trust in digital assets. If the stablecoin bill favors RLUSD, this cryptocurrency might experience a rapid increase toward higher valuations.

Some analysts compare this to previous situations where regulatory clarity prompted price surges for BTC and ETH. If a similar pattern emerges, Ripple price may surge significantly within the coming weeks. The resolution of the company’s lawsuit with the SEC has already removed a significant obstacle to institutional adoption, strengthening the case for a rally.

Technical Indicators Show Potential

From a technical standpoint, XRP price indicates further potential for upward movement. It recently broke out from a falling wedge pattern, a bullish reversal structure typically signaling higher prices. With solid support holding at $2.02 and resistance at $2.21, traders anticipate a breakout beyond these levels to confirm the next upward phase.

Chart 1 – XRP/USD 24-hour price, published on TradingView, April 2, 2025.

Its Relative Strength Index, or RSI, has recovered from oversold territory, now hovering near 46.74. A move beyond the 50 mark could considerably accelerate bullish momentum. Additionally, this cryptocurrency’s rebound from the lower Donchian Channel band signals strong buyer interest near important support areas. If XRP maintains momentum above $2.14, its next target appears at $2.50, with potential for a more significant rally toward higher levels.

Can Ripple Price Reach $10 in April?

Reaching the $10 mark for XRP depends on several factors, with regulatory clarity being the most important. Analysts suggest that if legislation favors the company’s RLUSD stablecoin, subsequent institutional demand might boost the XRP price significantly. A mix of growing market confidence, wider adoption, and bullish technical formations supports this optimistic view.

However, challenges persist, including macroeconomic uncertainties and possible price resistance levels in upward trends. Although some traders expect a steady rise, others believe a swift rally might occur if regulatory approval accelerates institutional use. Regardless, XRP’s path in the next few weeks will heavily depend on the outcome of legislative discussions in Washington.

XRP at a Crossroads

Recent price shifts for XRP and its technical indicators show growing bullish sentiment, while the stablecoin legislation serves as a key catalyst. If the company’s RLUSD receives regulatory backing, reaching higher prices, like $10, would become more feasible.

Although short-term changes are likely, Ripple’s overall trend remains positive. Market participants should watch regulatory news and crucial resistance points, as a clear break above $2.50 might pave the way for a significantly larger rally. The upcoming weeks are critical in deciding whether this cryptocurrency can attain its ambitious price objectives.