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XRP rises 2% amid Iran ceasefire hopes and Ripple expands Gemini credit to $250M

Market News
06 Apr 2026
FXEmpire
View Source
Bullish
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XRP prices rose over 2% to $1.35 following reports of a potential ceasefire in Iran, which improved global risk sentiment. This optimism helped stabilize markets, with S&P 500 futures up and Brent crude near $108. Meanwhile, Ripple expanded its credit facility for Gemini to $250 million through July 2026, tightening terms and increasing interest rates if borrowing limits are not met. Despite the short-term price boost, technical analysis suggests XRP may face a downside correction to around $1.12 if resistance levels hold.

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