XRP Price Prediction April 11: Surge Tests $2.38 After Tariff Pause News
- XRP surges ~12% reclaiming $2 following Trump’s 90-day pause on some tariffs
- Rally hits resistance ($2.04, $2.11 EMA); StanChart maintains $12.50 long-term target
- Context: Short-term rally meets tech hurdles, highlighting gap to bullish long-term views
XRP made headlines again Thursday, surging nearly 12% in the past 24 hours to reclaim the $2 price level.
This jump came during a broader market relief rally following a surprise announcement from United States President Donald Trump.
What Drove the XRP Surge?
Trump announced a temporary 90-day pause on tariffs, lowering the reciprocal tariff rate to 10%. His decision, shared via Truth Social, marks a significant de-escalation in the trade tensions between the US and other countries, except China.
Related: XRP Network Grows Stronger: Holder Addresses Now At Record 6.26 Million
The tariffs on China were raised to 125%. Trump cited a “lack of respect” as the reason for this increase. Meanwhile, a lack of retaliation from more than 75 countries pushed Trump towards a 90-day pause on tariffs.
Markets reacted swiftly—and positively. XRP was among the biggest beneficiaries, surging to a daily high …
The post XRP Price Prediction April 11: Surge Tests $2.38 After Tariff Pause News appeared first on Coin Edition.
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XRP Price Prediction April 11: Surge Tests $2.38 After Tariff Pause News
- XRP surges ~12% reclaiming $2 following Trump’s 90-day pause on some tariffs
- Rally hits resistance ($2.04, $2.11 EMA); StanChart maintains $12.50 long-term target
- Context: Short-term rally meets tech hurdles, highlighting gap to bullish long-term views
XRP made headlines again Thursday, surging nearly 12% in the past 24 hours to reclaim the $2 price level.
This jump came during a broader market relief rally following a surprise announcement from United States President Donald Trump.
What Drove the XRP Surge?
Trump announced a temporary 90-day pause on tariffs, lowering the reciprocal tariff rate to 10%. His decision, shared via Truth Social, marks a significant de-escalation in the trade tensions between the US and other countries, except China.
Related: XRP Network Grows Stronger: Holder Addresses Now At Record 6.26 Million
The tariffs on China were raised to 125%. Trump cited a “lack of respect” as the reason for this increase. Meanwhile, a lack of retaliation from more than 75 countries pushed Trump towards a 90-day pause on tariffs.
Markets reacted swiftly—and positively. XRP was among the biggest beneficiaries, surging to a daily high …
The post XRP Price Prediction April 11: Surge Tests $2.38 After Tariff Pause News appeared first on Coin Edition.
Read More