Ethereum and XRP prices rose on Monday as traders braced for potential gains later this week.
Bitcoin price remains It settled above the $75,000 level after strong weekly growth.
Ethereum was trading at over $2,300 and was steadily rising in the first hours of trading. XRP price remained within the $1.40 support zone, indicating that it was resistant to greater market volatility.
The broader cryptocurrency market began to recover shortly after the consolidation. Traders responded to the growing geopolitical conflicts between Iran and the United States. The Strait of Hormuz was closed again and oil prices rose by more than 6%.
Faltering Iranian peace talks and closing the Strait of Hormuz
Tensions escalated when Iran suspended peace talks that were scheduled to resume with Washington. The US authorities had previously indicated that the talks would continue within a few days. However, Iranian leaders accused the United States of launching a surprise military operation.
In the past two days, there have been a number of developments in the area. Iran also confirmed that it has closed the Strait of Hormuz, one of the most important international shipping routes. The United States responded by intercepting and detaining an Iranian-flagged cargo ship.
During the last 48 hours:
1. Iran closed the Strait of Hormuz
2. The United States claimed that peace talks with Iran will resume tomorrow
3. Iran withdrew from peace talks with the United States
4. Iran accused the United States of planning a “surprise attack”
5. The United States struck and seized…
– Al Qubaisi Letter (@KobeissiLetter) April 19, 2026
President Donald Trump said the ship was trying to avoid a naval blockade. This objection was the first significant executive action since the start of the siege last week. Iran refuted allegations that it had accepted a halt to its uranium enrichment programme.
Trump threatened that failure to reach an agreement in the near future would have a severe impact on Iran’s interests. The two sides accused each other of violating the terms of the ceasefire. The growing mistrust has been a cause for concern about long-term instability in the region.
Can Ethereum price exceed $2,500 as ETF inflows rise?
The price of ether rose By 0.69% in the past 24 hours, reaching $2,320. The asset continues to trade above the important support barrier of $2,300. Breaking this level may open the way towards the $2,500 resistance level. But it fell below $2,300 with the next target at $2,100.
Institutional demand for a number of crypto investment products also intensified last week. Net inflows into Ethereum spot ETFs reached 276 million.
Last week, Bitcoin ETFs recorded an inflow of $996 million, extending over 3 weeks
From April 13 to April 17 (ET), spot Bitcoin ETFs recorded net inflows of $996 million, marking the third straight week of net inflows. Ethereum ETFs saw net inflows of $276 million. Sol Spot… pic.twitter.com/LxcdbPFDDC
— Wu Blockchain (@WuBlockchain) April 20, 2026
Solana exchange-traded funds recorded $35.17 million in new capital during the period. Spot ETFs investing in XRP saw net inflows of $55.39 million.
Bitcoin ETFs, meanwhile, recorded a three-week streak of inflows of 996 million from April 13 to April 17.
XRP price holds $1.40 – is a breakout towards $1.50 next?
XRP has grown by 1.10% over the past 24 hours and is currently trading at an average of $1.41 in the past few sessions. The coin has recorded a steady recovery of approximately 6% over the past week.
the XRP price It was still hovering above the key support level at $1.40 even though the market was on alert.
Meanwhile, Ripple’s CTO has delayed plans to launch the RLUSD DeFi bridge. He pointed to potential structural risks similar to those we have seen Kilbdaw models.
The United States and Iran also faced geopolitical tensions that weighed on investor sentiment. Fears of a closure of the Strait of Hormuz have led to a cautious stance across the cryptocurrency markets.
With the price of XRP remaining strong at levels above $1.40, analysts are forecasting opportunities as high as $1.45 and $1.50. A drop below $1.40 would expose $1.35 especially when the upcoming Fed meeting signals a tightening policy.
