XRP Charts Hint At Possible 70 % Rally

Under pressure for several months, XRP is back on the market radar. Down 40 % from its peak at $3.40, the asset could be starting a strategic turning point. Coinbase has just received the green light from the CFTC to launch XRP futures contracts, opening the way for a new phase of institutional legitimization. In an environment where every technical or regulatory signal can tip the scales, this announcement renews attention on this crypto.

A Regulatory Green Light for XRP Futures Contracts

Monday, April 21, 2025, marked a significant milestone for XRP with the launch of futures contracts on Coinbase International Exchange, a platform reserved for institutional investors.

These derivative products, approved by the Commodity Futures Trading Commission (CFTC), will be denominated in USD and accessible to registered users based on a minimum margin of 1 dollar per contract.

Such an initiative offers XRP a regulated exposure, previously absent due to the litigation between Ripple and the Securities and Exchange Commission (SEC). The official filing document confirms that these contracts will be tradable as of the Monday following their announcement.

Here are the main characteristics of this new offering :

• The product : perpetual XRP futures contract denominated in USD ;
• The platform : Coinbase International Exchange ;
• Launch date : Monday, April 21, 2025 ;
• Regulation : approved by the CFTC (Commodity Futures Trading Commission);
• Specificity: minimum margin of 1 USD per contract.

In a market seeking regulatory clarity, this launch represents a major advance for integrating Ripple’s crypto into regulated derivative products. Coinbase’s strategy aims to capture the interest of professional investors to strengthen the asset’s legitimacy.

If this initiative proves successful, it could also influence other platforms to follow suit, which would enhance the depth and stability of the XRP product market.

A Bullish Potential Fueled by Technical Analysis

Beyond regulatory factors, recent chart movements of XRP attract the attention of technical analysts. The asset is currently evolving within what specialists identify as a Wyckoff reaccumulation pattern, interpreted as a strong bullish signal.

Some analysts believe XRP might be on the verge of triggering a major price movement. They mention a potential increase of around 70 %, with a target near $3.55, within a bullish breakout scenario.

Another technical pattern, a descending wedge, is also observed on daily charts. This configuration is often considered a precursor to a trend reversal, especially when the price breaks the resistance line.

In this case, a breakout above $2.20 could push XRP toward a theoretical target close to $4.00. However, these prospects are tempered by market reality: funding rates on XRP derivatives remain negative, meaning short positions still dominate despite optimistic projections.

If these forecasts prove correct, the launch of futures and technical signals could reinforce each other, creating significant bullish momentum. However, the outlook remains conditioned by several unknowns, notably the reaction of institutional players to this new offering. In case of success, this dual regulatory and technical impulse could reposition XRP as a leading strategic asset in the crypto ecosystem.