Ripple (XRP) price consolidated above $2.15 on Tuesday April 22, as the broader crypto market rallies in response to sell-offs in USD denominated assets. With Ripple’s legal battle with the SEC nearing resolution and multiple ecosystem upgrades in the pipeline, analysts now suggest that holding XRP might be a smarter play than selling.
Below are five compelling reasons experts are urging investors to hold their XRP, not dump it.
1. Ripple’s Legal Clarity Nears Finality
Ripple Labs’ long-running legal battle with the U.S. Securities and Exchange Commission (SEC) has reached a final resolution, with both parties reach an agreement to pause ongoing appeals.
Industry analysts believe the favorable outcome for Ripple would significantly strengthen XRP’s regulatory status.
Ripple (XRP) Price Action, April 22 | Source: Coingecko
The prospect of XRP being definitively classified as a non-security would allow for broader institutional adoption and relisting on major U.S. exchanges—factors that could catalyze a major price breakout.
XRP Ledger (XRPL) Expansion Accelerates with RLUSD Stablecoin Launch and DeFi Innovation
The XRP Ledger is experiencing a surge in utility and adoption, driven by a combination of stablecoin infrastructure and smart contract innovation. Ripple recently announced the launch of RLUSD, a U.S. dollar-backed stablecoin, which will be issued on both XRP Ledger and Ethereum, reinforcing XRPL’s multi-chain compatibility and enterprise-grade credentials.
Ripple CTO David Schwartz emphasized that RLUSD will bring “trusted liquidity to the XRPL ecosystem,” a move that could attract both fintech platforms and institutional partners looking for stable on-chain settlement options.
In parallel, the launch of the Hooks amendment in XRPL’s beta testnet introduces programmable logic—similar to smart contracts—within native ledger operations. This unlocks a new era of decentralized applications (dApps) for payments, identity, and asset issuance directly on XRPL.
Analysts see this expansion as a foundation for sustained demand for XRP tokens and long-term network growth.
3. Cross-Border Payments Demand Is Surging Again
XRP’s original value proposition—instant, low-cost cross-border payments—is gaining new relevance as traditional payment corridors face regulatory headwinds and rising fees. Ripple’s On-Demand Liquidity (ODL) product, powered by XRP, is already operational in over 70 countries.
As Ripple expands into new corridors across Africa, Southeast Asia, and Latin America, the demand for XRP as a liquidity bridge continues to climb. Notably, the International Monetary Fund (IMF) recently cited blockchain-based payments as key to future financial inclusivity—an indirect endorsement of Ripple’s model.
4. Institutional Interest Is Quietly Building
While retail sentiment has been mixed, on-chain data shows a steady accumulation of XRP among institutional wallets over the past two quarters. Recent partnerships with banks in the Middle East, as well as pilot programs in Europe, show that institutional actors continue to view XRP as a long-term strategic asset.
With more banks adopting RippleNet for payment settlements and clearing, experts predict that XRP’s use case will become indispensable in a digitized financial system.
5. XRP Weekly Technical Analysis Highlights $3.20 Long-term Target
XRP price forecast remains moderately bullish as the cryptocurrency consolidates near $2.15, showing early signs of a potential breakout. The weekly chart reveals a tightening price range within the Keltner Channel, with Ripple price stabilizing just above the mid-line at $2.14.
This level now acts as immediate support, offering a springboard toward the upper resistance band at $3.09—a target that aligns with historical breakout behavior.
Ripple (XRP) Price Technical Analysis
The Relative Strength Index (RSI) prints at 52.45, slightly below its 14-week average of 59.84. While this hints at lingering consolidation, the RSI has flattened after a prolonged decline, suggesting bearish momentum is weakening. If RSI crosses above 60 in the coming weeks, it would validate renewed bullish pressure. Price action is also respecting higher lows despite broader market volatility, underscoring structural resilience.
However, if XRP breaks below $2.14 and breaches the lower Keltner boundary at $1.19, downside risk could accelerate. For now, XRP price forecast leans bullish, with the chart structure favoring accumulation over liquidation in anticipation of a macro breakout toward $3.09.
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ibrahim
Crypto analyst covering derivatives markets, macro trends, technical analysis, and DeFi. His works feature in-depth market insights, price forecasts, and institutional-grade research on digital assets.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
