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Sohrab KhawasSohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.
- Aug 07, 2025 10:42 UTC
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What’s Next for XRP Price as the Ripple vs SEC Lawsuit Nears Final Decision
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XRP $ 2.97 (3.94%) 
XRP price is stuck below 3 dollars with strong support at 2.915, signaling a possible breakout setup.
Trader CasiTrades warns the current bounce may be a trap unless XRP clears key resistance.
As the Ripple SEC case nears its conclusion, traders eye a potential rally toward 3.41.
XRP, one of the most popular cryptocurrencies, has climbed back near the $3 mark after a recent dip. However, this bounce hasn’t built enough strength to confirm a true recovery.
Veteran trader CasiTrades warns it may be too early to celebrate. While she sees potential for a breakout, she also cautions that this short-term move could be a trap. If it does, though, she believes it could quickly rally toward $3.41.
Bulls Struggle Near $3 Resistance
In her latest tweet, veteran trader CasiTrades highlighted that XRP is still stuck inside a falling wedge and is coiling just below the $3 resistance. According to her, this level, also known as the 0.382 Fibonacci retracement, has acted as a ceiling for almost 20 hours.
Despite repeated attempts, bulls have not yet broken through.
At the same time, she highlighted the strong support at $2.915, which matches the 0.5 Fibonacci retracement. Buyers have been actively protecting this level, refusing to let the price fall further.
Right now, XRP is trading between $2.96 and $3—a very narrow range. While this may seem small, in crypto trading, such tight spaces often suggest that a big move could be coming soon.
XRP Eyeing $3.41
CasiTrades mentioned that structurally, nothing has broken down. This means the overall market trend is still intact. If XRP can climb above $2.96 and stay there, it would be the first clear sign that strength is returning.
According to CasiTrades, the next resistance targets to watch are $3.21 and $3.41, both of which could come into play if momentum picks up
She also noted that RSI on smaller timeframes is showing bullish divergence. Simply put, this is a hint that the sellers are getting tired, and buyers may be preparing for a push.
As of now, XRP price is trading around $3, reflecting a jump of 1.8% seen in the last 24 hours, with the market cap hitting $178 billion.
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FAQs
Analysts predict XRP could reach $5.05 by end of 2025, fueled by ETF approvals, Ripple’s banking license application, and resolution of SEC lawsuit.
Long-term projections suggest $50–$150 by 2035, assuming mass adoption, institutional use, and XRP Ledger’s expansion in global payments.
Likely—if spot ETFs get approved and Ripple’s banking partnerships expand, XRP could surpass its $3.66 ATH this year.
Yes 
No 
