Analyst Says There Will be a Sudden Green Candle In April. Here’s the Price Target

Crypto market commentator Remi Relief (@RemiReliefX) has made a bullish prediction regarding XRP, citing key developments to unfold in April.

In a post on X, Remi Relief predicted that the digital asset will have a sudden green candle. Remi Relief expects this candle to come out of nowhere and advises holders to avoid selling unless necessary.

He reaffirmed his bullish stance with a price target of $5.00 to $8.00 for XRP, adding, “Just sit on your hands & relax.” Notably, prominent analysts have predicted the same price range, and Remi Relief pointed to one specific development that could push the digital asset toward this target range.

Coinbase Futures Product Set for April 21 Launch

Coinbase has confirmed the upcoming launch of an XRP-based futures contract on April 21, 2025, through its derivatives exchange platform. The company has submitted a self-certification with the U.S. Commodity Futures Trading Commission (CFTC) to offer this product under regulatory oversight.

This move marks a significant expansion in the market infrastructure supporting XRP. By providing a regulated channel for futures trading, Coinbase is offering institutional investors a formal entry point to the asset. The launch of such a product reflects growing confidence in XRP’s legal standing and long-term viability.

Remi Relief pointed to the launch date in a follow-up post, encouraging patience as XRP enters a phase of increased institutional engagement. His remarks come when multiple developments appear to support a more favorable outlook for the digital asset.

Favorable Conditions Strengthen XRP’s Position

The broader context surrounding XRP also contributes to Relief’s optimism. The long-standing legal dispute between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has concluded, reducing regulatory uncertainty around the asset.

Additionally, there is growing anticipation surrounding the potential approval of XRP-focused exchange-traded funds (ETFs), which could further boost demand and visibility. The SEC has acknowledged multiple XRP ETF filings, and while these don’t guarantee approval, many experts see the acknowledgment as a positive step.

The introduction of derivatives trading on a platform like Coinbase legitimizes XRP as a financial instrument. With increased liquidity and improved accessibility for institutions, XRP is entering a new phase of market relevance, and the $5 to $8 range has become more realistic than ever.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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