XRP price is gaining momentum following Ripple’s SEC settlement, with bullish technical indicators pointing to a potential upward breakout.
Ripple Settles With SEC as Both Parties Agree to Pause Appeals
The U.S. Securities and Exchange Commission (SEC) and Ripple Labs have jointly agreed to pause their long-running legal appeal, marking a critical turn in the nearly four-year standoff.
According to newly unsealed court documents dated April 16 and shared by defense attorney James K. Filan, Circuit Judge José A. Cabranes granted the motion to temporarily suspend the appeal process.
The SEC is now mandated to file a status update within 60 days, effectively pressing pause on the courtroom drama.
The temporary suspension follows Ripple’s decision to pay a $50 million settlement, signaling a firm move toward regulatory closure. With this legal overhang potentially fading, XRP is poised for renewed institutional interest and broader integration into Ripple’s growing payment infrastructure.
XRP Price Forecast: Eyeing a Recovery Toward $2.25
XRP price forecast leans moderately bullish as the digital asset hovers near $2.08, with technical indicators hinting at a potential breakout. The Donchian Channel signals compression between support at $1.61 and resistance at $2.25, indicating a consolidation phase that often precedes directional moves.
Notably, Ripple price has recently closed above the midline of the Donchian Channel, suggesting growing buyer interest.
XRP price forecast
Momentum supports this narrative. The MACD histogram has flipped green with increasing bars, while the MACD line has crossed above the signal line, signaling a shift in short-term momentum toward the bulls. This crossover near the zero line often precedes more significant rallies, especially after prolonged bearish phases.
However, downside risks remain if XRP falls below the midline at $1.93. That would expose the lower bound of $1.61. A sustained close above $2.25 could confirm bullish continuation toward $2.40, marking a technical breakout with higher conviction. Until then, XRP trades in a tightening range with bullish bias.
Despite rumors that the SEC approved a spot XRP ETF, this is inaccurate. The only new development concerns ProShares’ Leveraged and Short XRP Futures ETFs, which will begin trading on April 30.
It’s unclear how much these false claims impacted XRP’s price today, but they caused a lot of commotion. Fake crypto news has been taking off lately, and this could negatively impact investor confidence.
However, there’s no shortage of overeager people who can spark and circulate optimistic rumors. ProShares’ new Futures ETF did indeed win approval, but this has no bearing on a Spot ETF:
UPDATE: a lot people posting/reporting that @ProShares will be launching XRP ETFs on April 30th. We’ve confirmed that’s not the case. We don’t have a confirmed launch date yet but we believe they will launch — and likely launch in the short or possibly medium term.
Bitcoin, the first crypto-centric ETF category, achieved a futures ETF before a spot one. In some ways, the SEC’s approval of an XRP Futures ETF is a positive sign.
XRP’s price has been zig-zagging in the last 24 hours, with notable pullbacks. It isn’t fair to claim that ETF hype is the source of all XRP moves; several circumstances may be contributing to the situation.
Confusion doesn’t help build a stable industry. Even if false ETF rumors temporarily boost XRP’s performance, that’s not a sign of long-term ecosystem health. Misinformation can significantly damage public trust, especially among retail investors.
For example, Eleanor Terrett commented on these rumors, claiming she’s “getting really sick of all the rude keyboard warriors in this community.”
Apparently, she received online hostility for trying to clarify the news decision despite being both correct and a respected source of pro-crypto journalistic coverage.
Spot ETF vs Futures ETF – What are the Differences?
Spot ETFs directly hold XRP tokens, providing investors with exposure to the actual cryptocurrency. These ETFs aim to mirror the real-time market price of XRP. So, there’s a straightforward correlation between the fund’s value and the token’s spot price.
As of now, spot XRP ETFs are not approved in the US. Applications from firms like Grayscale and Bitwise are under SEC review.
Meanwhile, leveraged futures ETFs do not hold XRP directly. Instead, they invest in futures contracts that speculate on the future price of XRP.
Due to daily resetting of leverage, these ETFs can experience significant volatility and may not be suitable for long-term holding.
Even if these XRP ETF rumors came from a genuine misunderstanding, they’re still dangerous. In the future, the community must be careful to vet its sources and act in good faith to maintain public confidence.
The crypto market has experienced a volatile start to Q2, with many tokens posting significant surges in recent days. Meme coins, in particular, have seen a resurgence, with older tokens gaining traction and newer ones attracting attention.
BeInCrypto has analyzed five meme coins for investors to watch in the coming month and their potential for further growth.
Turbo (TURBO)
TURBO has shown impressive momentum, gaining more than 191% in the past two weeks, now priced at $0.004313. The altcoin is testing key resistance at $0.004842. As one of the best performing meme coins this month, it continues to attract attention from investors, signaling strong potential for future gains.
This surge has provided relief to investors impacted by the February Death Cross. With TURBO standing at a near three-month high, the outlook remains positive if the broader market trends support further growth. A breakout above the resistance could propel TURBO towards the target of $0.006857, offering additional upside.
Failure to breach $0.004842 could lead to a reversal in the trend. A drop below this resistance would likely see TURBO testing the support level at $0.003304. This would invalidate the bullish scenario and potentially erase much of the recent price increase.
Neiro Ethereum (NEIRO)
NEIRO has experienced a notable resurgence, surging by 256% this week alone. Currently trading at $0.0661, the meme coin is at a four-month high. As NEIRO looks to break the $0.0715 resistance, it could see continued upward momentum if broader market conditions remain favorable.
The potential for NEIRO to breach $0.0715 is strong, with the broader market showing bullish trends as Bitcoin approaches $100,000. This could provide the necessary momentum to push NEIRO towards the $0.0845 resistance. A successful test of this level would solidify recent gains and set the stage for a move to $0.1000.
A failure to break through $0.0715 would likely send NEIRO into a bearish correction. In this scenario, the price could fall through key support at $0.0568, possibly testing $0.0446. This would invalidate the current bullish outlook, highlighting the importance of breaking resistance for continued growth.
Brett (BRETT)
BRETT has shown remarkable growth, up 120% over the past two weeks, trading at $0.054. This surge marks a near-three-month high for the meme coin, driven by a shift in market conditions. The rally suggests strong investor sentiment, fueled by the growing interest in Base meme coins.
As the market shifts, BRETT has captured attention, making it one of the more promising altcoins in its category.
With continued momentum, BRETT could break through the $0.058 resistance level, opening the door to further gains. A move toward $0.072 is plausible, especially as hype surrounding Base meme coins intensifies.
This meme coin also reignites the Solana vs. Base meme coin discourse; however, Alvin Kan, COO at Bitget Wallet, told BeInCrypto that this may not be the case.
“Solana still leads. It’s fast, cheap, and has an army of degens ready to mint and trade anything viral. Base is growing, and Coinbase might help push it further, but it hasn’t built the same retail energy yet. As for AI meme coins—they’re interesting, but still feel like a niche inside a niche. For now, Solana memes dominate the meme meta.”
However, a correction could follow if BRETT fails to breach $0.058. The price might drop through the $0.052 support, potentially reaching as low as $0.042. This decline would invalidate the bullish outlook, signaling a shift in market sentiment. Without sustained support above $0.058, the upward momentum may be short-lived, and bearish conditions could prevail.
Official Trump (TRUMP)
TRUMP has captured investor attention, surging 60% this week to trade at $12.14. The meme coin has reignited interest, driven by market speculation. Its rise comes amid increasing excitement around politically fueled volatility, making it a popular pick for traders looking to capitalize on unpredictable market swings.
Although TRUMP failed to secure $12.57 as a support level, the possibility of achieving this level in the coming weeks remains strong. The US President’s influence on market movements, driven by unexpected announcements, could provide the catalyst needed for TRUMP to rise further, potentially reaching $14.53 as it follows broader financial trends.
Failure to hold $12.57 as support could signal a reversal. In this case, TRUMP may see its price drop to $11.44 or $10.29, undermining the current bullish outlook. This scenario would invalidate the positive momentum, with investors needing to monitor key levels for potential price shifts closely.
Pudgy Penguins (PENGU)
PENGU has experienced significant volatility since January, with massive drawdowns following early interest. However, the meme coin has rebounded sharply, gaining 118% over the past two weeks. This recovery has caught the attention of investors, reigniting hopes for further growth and renewed momentum in the altcoin’s price.
Currently trading at $0.00846, PENGU is nearing key resistance at $0.01007. If the meme coin can maintain its bullish momentum, it presents a promising opportunity for investors. A successful break above this level could attract additional buyers, further driving its price and expanding the interest in this resurgent meme coin.
Failing to breach $0.01007 would likely result in a price decline, with support potentially falling to $0.00718. This would erode recent gains and invalidate the bullish outlook, with a further drop to $0.00549.
The SUI price is expected to reach a high of $7.01 in 2025.
With a potential surge, the price may reach $23.77 by 2030.
SUI, a next-gen Layer-1 blockchain, is rapidly gaining traction with its focus on scalability, seamless user experience, and Web3 integration via ZkLogin. Rumors of a Pokémon Web3 partnership have fueled a 20% price surge. Now trading at $3.29, with RSI above 70 and a MACD bullish crossover, SUI signals a parabolic rally. Backed by $1.45B TVL and rising institutional interest, the SUI price could be eyeing a new ATH, raising curiosity about its long-term investment potential.
What Is CoinPedia’s Sui Price Prediction for May 2025?
The price of 1 Sui token could surge to a maximum of $4.20 by the end of May 2025.
Sui on its daily price chart shows a strong bullish breakout from a prolonged downtrend, confirmed by a steep upward rally and a daily RSI above 78, indicating overbought conditions. In May 2025, SUI could see continued bullish momentum fueled by surging volume ($3.59B) and strong investor interest.
With the price currently at $3.63 and a recent high of $3.71, SUI could aim for higher levels, possibly testing $4.00. However, minor pullbacks are expected due to overbought RSI.
High Price: $4.20
Low Price: $3.10
Average Price: $3.7
Sui Price Prediction 2025
Sui Network plans a $320 million token unlock by the end of 2025. The forecast of this altcoin for 2025 suggests a new all-time high with a potential high of $7.01, assuming the bullish sentiment sustains. However, with a short correction, it may reach a potential low of $3.84, making an average of $5.42.
The SUI coin token projection for the year 2026 could range between $5.16to $9.26 and the average price of the altcoin could be around $7.21.
Sui Price Target 2027
SUI crypto price for the year 2027 could range between $6.39 to $11.94and the average price of this crypto token could be around $9.16.
Sui Coin Price Forecast 2028
Sui project can make a potential high of $7.98in 2027, with a potential low of$15.38, leading to an average price of $12.68.
Sui Token Price Prediction 2029
The forecast of this token for the year 2029 could range between $9.47 to $19.69 and the average coin price could be around$14.58.
Sui Price Prediction 2030
With an established position in the market, altcoins’s potential high for 2030 is projected to be $23.77. On the flip side, a potential low of $12.63 will result in an average price of $18.20.
SUI Price Prediction 2031, 2032, 2033, 2040, 2050
Based on the historic market sentiments, and trend analysis of the altcoin, here are the possible Sui price targets for the longer time frames.
VanEck predicts that the Sui price will hit $16 this year!
CoinPedia’s Sui Price Prediction
Coinpedia’s price prediction for SUI is highly bullish as the price is displaying a constant uptrend. This suggests that the price may reach new swing highs during the upcoming time.
With the ongoing Sui crypto update, the price predicts a high of $7.01, with an average price of $5.42.
CoinPedia expects the Price to reach $7.01 by the year-end.
Year
Potential Low
Potential Average
Potential High
2025
$3.84
$5.42
$7.01
FAQs
Is Sui cryptocurrency a good investment?
Yes, the SUI blockchain is one of the most prominent projects and is projected to gain significant value in the coming time.
How high will the Sui coin go?
With a bullish surge, the altcoin may hit a high of $7.01 this year.
Sui price prediction for the next 5 years?
Considering the Sui long-term price prediction, it may reach a high of $23.77 by 2030.
What is the future of Sui cryptocurrency?
With the rising popularity of the Sui token, this project may achieve the $23.77 mark by 2030.
What is the price prediction for the Sui coin?
The Sui project is targeted to conclude the year 2028 with a trading price of $15.38.
Will Sui Cryptocurrency rise?
With active development on the SUI coin exchange, this crypto token is predicted to outperform some major cryptocurrencies in the coming years.
What is the value of 1 Sui cryptocurrency?
At the time of writing, the price of this altcoin was $3.63.
How much would the price of SUI be in 2040?
As per our latest Sui price analysis, the SUI could reach a maximum price of $178.84.
How much will the Sui coin price be in 2050?
By 2050, a single SUI price could go as high as $1,107.73.
The post Sui Price Prediction 2025, 2026 – 2030: SUI Price To Hit $10 This Year? appeared first on Coinpedia Fintech News
Story Highlights The live price of SUI crypto is . The SUI price is expected to reach a high of $7.01 in 2025. With a potential surge, the price may reach $23.77 by 2030. SUI, a next-gen Layer-1 blockchain, is rapidly gaining traction with its focus on scalability, seamless user experience, and Web3 integration via …
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