XRP price surges 13% after Trump pauses tariffs and XRP ETF launches

From Cointelegraph

April 9, 2025 3:10:00 pm:

XRP price surges 13% above $2 after Trump’s 90-day pause on reciprocal tariffs, except China. XRP ETF launched on NYSE Arca. Charts show potential 33% drop due to descending triangle pattern.

Trader predicts XRP could drop to $1.55, citing Elliott Wave Theory. Bearish outlook supported by Peter Brandt’s prediction of $1.07 XRP price.

XXRP ETF debut sees $5 million in volume, amid market volatility. Despite launch, XRP price remains unstable due to global trade tensions and macroeconomic factors. Volume performance ranks XXRP in top 5% of new ETF launches.

Read more at Cointelegraph.: XRP price gains 13% after Trump 90-day tariff pause and XXRP ETF launch