Price Analysis View Non-AMP

XRP Price Gearing Up to Hit $5 as Ripple-SEC Lawsuit Inches Closer to a Resolution—Here’s When!

Published by
Sahana Vibhute

The legal showdown between Ripple Labs and the U.S. SEC has taken a pivotal turn, as both parties move toward a potential resolution. Recently, both parties jointly filed a motion requesting the court to revise its earlier judgment. The motion aims to reduce Ripple’s financial penalty from $125 million to $50 million, return $75 million in escrowed funds, and lift the injunction on institutional XRP sales, which is a major source of regulatory contention. 

Here’s the Impact on XRP Price

Meanwhile, the investor’s sentiment around XRP has turned notably bullish in recent days. Following the news of the proposed settlement, the price experienced a minor uptick, trading around $ 2.2. If the legal clarity materializes, the XRP price projections range from $1.5 to $3, as the current price action indicates towards the beginning of a broader rally. Some more optimistic technical forecasts even target up to $4.5, based on breakout patterns and historical resistance levels. 

As seen in the above chart, the XRP price has reached the edge of the consolidation and hence is speculated to undergo a bullish breakout. Although the price has been experiencing a notable upward pressure over the past few weeks, the token has managed to hold firmly above the ascending support of the bullish pennant. Therefore, a breakout is expected to elevate the levels to a new ATH. 

What Technicals Say!

Despite the bearish pressure, the weekly RSI has remained strong above the ascending trend line, hinting towards a rising bullish potential. On the other hand, the weekly MACD shows a drop in the selling pressure, while the levels are going parallel to each other, displaying the possibility of a bullish crossover. Hence, the XRP price is expected to break above the crucial resistance and clear $2.5 initially and later make it above $3. If the price sustains above these levels, then the token is expected to form new highs around $3.6 to $3.7 in the short term before facing a rejection. 

However, in the long term, the XRP price target remains beyond $5 to $8, which may be extended to $10. 

Sahana Vibhute

A passionate cryptocurrency and blockchain author qualified to cover every event in the crypto space. Researching minute occurrences and bringing new insights lie within the prime focus of my task.

Recent Posts

Bitcoin Faces Resistance at $119K as 613K BTC Threatens Selloff: What’s Next for BTC Price?

Bitcoin's upward momentum could face a major hurdle as over 613,000 BTC—worth billions—loom over the…

July 29, 2025

This ETH-Based Meme Coin Could Soar 9,900% and Turn $4,000 Into $400,000 Before Ethereum Reaches $10,000

Ethereum is the heart of the decentralized world, enabling all smart contracts, NFTs, and the…

July 29, 2025

Ruvi AI’s (RUVI) CoinMarketCap Listing Sparks Early Ripple (XRP) Excitement, Experts Say It’s This Summer’s Top Altcoin

The crypto world is in a frenzy over Ruvi AI (RUVI), the AI-powered altcoin that’s…

July 29, 2025

What Are JCOIN & JOYCOIN? Jd.com Moves Ahead of Hong Kong’s New Stablecoin Rules

Hong Kong’s stablecoin rules are set to launch this August, and JD.com is quietly making…

July 29, 2025

Corporate Ethereum Treasuries Could Hit 10% of Supply, Says Standard Chartered

Ethereum is entering a new phase of institutional adoption. From treasury strategies to bullish price…

July 29, 2025

Solana (SOL) Set to Hit $400 in 25 Days, While Viral Crypto Below $1 Could Flip $420 into $24,000 Before Cycle Top

Solana (SOL) has surged past $200, sparking excitement in the crypto market. Investors are buzzing…

July 29, 2025