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XRPUSD starting the parabolic rally to $6.000Ripple (XRPUSD) has been trading within a 5-year Channel Up since the March 2020 COVID flash crash. That COVID bottom initiated the first Bullish Leg of XRP, which was the previous Cycle's Bull run. XRP has started the second Bullish Leg after the July 2024 Channel Up bottom and since basically December, the market has been under heavy volatility, entering a consolidation period similar to December - March 2021. That was XRP's last accumulation phase before the 2021 Cycle Top. The 1W RSI patterns between the two Bullish Leg fractals are also similar, indicating that even though the current Bullish Leg has been more aggressive since November 2024, it is being harmonized now inside the parabolic growth Channel. We expect a symmetrical +1668% rise in total for this Bullish Leg, similar to 2021, with our Target being marginally lower at $6.000, expecting it within July - October 2025. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:XRPUSDLong
by TradingShot
4
XRP Weakens as Risk-Off Sentiment GrowsFundamentals: XRP is under pressure as broader market sentiment turns negative. The cryptocurrency market continues to follow the Nasdaq, which is showing signs of weakness. With the index currently struggling, risk assets—including XRP—are seeing downside pressure. A stronger U.S. dollar is adding to the bearish outlook, weighing on both crypto and equities. Recent regulatory clarity on XRP failed to spark sustained gains, suggesting the news was already priced in. Technicals: Technical levels show that XRP is currently testing a key monthly support zone. If this level fails to hold, the next downside target could be around 1.5700. Bearish momentum is increasing, with sellers defending resistance zones aggressively. Volume patterns suggest that buyers are hesitant, leaving the market vulnerable to further declines. The RSI indicator is heading lower from previously overbought levels, indicating a potentially falling trend for now, reflecting growing bearish momentum. A break below the monthly support could accelerate selling pressure. Traders should watch for confirmation with increased volume on a breakdown. If support holds, a short-term bounce could be possible, but broader sentiment remains weak. Macro factors such as interest rates and economic data will influence risk appetite. Bitcoin’s price action will also play a role in determining XRP’s next move. A reclaim of key resistance levels could shift sentiment, but for now, bears are in control. Traders should manage risk carefully, considering potential volatility. A retest of lower support zones could provide better long opportunities. For now, caution is warranted as XRP remains under downside pressure.
CRYPTO:XRPUSDShort
by fwalbaum
XRPUSDT.P — Is This the Beginning of the Next Pump? BINANCE:XRPUSDT.P is bouncing back with style — and this long setup is giving off real “king of the charts” vibes. Look at that clean risk-to-reward! Entry: 2.0905 USDT Stop-loss: 2.0574 USDT Take-Profit: 2.2238 USDT R:R Ratio: 3.28 Why this setup matters: Confirmed bounce off intraday support Momentum shift with bullish engulfing candle Targeting a clean resistance level for optimal exit Tight stop, juicy upside — exactly what scalpers and day traders crave. Add to watchlist and get ready to trail that stop if momentum holds.
Long
by Max_Pr0fit
SELL SETUP - XRP/USDT (1D)🧠 SELL SETUP - XRP/USDT (1D) Chart by: Asif_Brain_Waves 📍 Current Price: 2.1286 📍 Short-Term Liquidity Grab Target (DT T1): 2.2851 📍 Projected Drop Target: 1.5756 📉 Bias: Bearish 🔍 Narrative & Context: Price has recently broken below key internal structure with inefficiencies (FVGs) left behind. Currently forming a potential retracement move toward the breaker block / imbalance near 2.2851 — a likely draw on liquidity (DT T1). This area aligns with previous support-turned-resistance and offers high probability for a reversal zone.
Short
by Asif_Brain_Waves
XRPUSD: The 5 year Channel Up is targeting 6.500XRP is neutral on its 1W technical outlook (RSI = 53.399, MACD = 0.310, ADX = 41.023) as since the Jan 13th High, the uptrend took a pause and turned into a sideways consolidation. As long as the 1W MA50 is intact, the Bull Cycle will be supported and since the dominant pattern is a 5 year Channel Up, we are on the latest bullish wave. As a matter of fact we have technically entered the last year of the bullish wave, which is so far identical to the March 2020 - April 2021 wave (also on RSI count). The market is currently (March 2025) on a consolidation much like March 2021. We estimate a similar +1,648% rise (TP = 6.500). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:XRPUSDLong
by InvestingScope
2
Ripple Partners with Chipper Cash To Boost Cross-Border PaymentsRipple partners with Chipper Cash to expand cross-border payments in Africa, leveraging blockchain for faster, affordable transactions. Ripple has announced a strategic collaboration with Chipper Cash to expand its payment solutions to Africa after securing a win against the US SEC earlier this week. Through Ripple Payments, the collaboration intends to foster cross border payments in the African regions. Notably, the crypto platform’s alliance with Chipper Cash provides a fast, low-cost, and efficient payment system that unites international treaties. Despite the partnership and important victory over the SEC, Ripples native coin ( CRYPTOCAP:XRP ) seems unbothered by the development with the asset maintaining the $2.3 price pivot. A break above the 38.2% Fibonacci retracement point might cement a bullish breakout for CRYPTOCAP:XRP with eyes set on $5 and beyond. Similarly, in the case of a cool-off, CRYPTOCAP:XRP might find support in the 65% Fibonacci retracement level before picking liquidity up albeit the RSI is at 48 which is a strong sign of a bullish reversal lurking around the corners. XRP Price Live Data The live XRP price today is $2.35 USD with a 24-hour trading volume of $2,950,161,398 USD. XRP is down 0.54% in the last 24 hours. The current CoinMarketCap ranking is #4, with a live market cap of $137,073,610,487 USD. It has a circulating supply of 58,205,697,378 XRP coins and a max. supply of 100,000,000,000 XRP coins.
Long
by DEXWireNews
XRP Pounced on by the group! RIPPLE XrpUsd Ready to Go? Now if you NOTE exactly where PRICE was at the EXACT TIME that 🟢SeekingPips🟢 Shared the last XRP CHART. You can see that was a PERFECT ALIGNMENT of both TIME & PRICE.👌 ℹ️ Many SHORT TERM & INTRADAY TRADERS paid themselves at 🟢SeekingPips🟢 pre defined 🔴RED🔴 level @ 2.4980 for a PAIN FREE TRADE with A GREAT REWARD TO RISK OUTCOME. 🌎 You can also NOTE TWO VERY IMPORTANT THINGS WITH THIS TRADE... ▪︎1) Our ORIGINAL Stop Loss has still been untouched even after the 100% retracement of our original ENTRY. ▪︎2) Now anyone who was not in the group or followed 🟢SeekingPips🟢 original chart share at the time of our entry and instead decided to jump in as price was already moving up would have made a poor choice.❗️ By waiting on the next 240m bar/candle to close you could have theoretically left a limit order at original entry area and would have been easily filled for a STRESS FREE trade so far.🚀🚀🚀 What's the lesson here❓️ Know what you want to see and do not act beforehand. If you miss your FIRST entry have a PLAN for your SECOND ATTEMPT. Note the word PLAN. ⚠️ As per 🟢SeekingPips🟢 BIO Without A PLAN it's NOT TRADING But GAMBLING. 🎲
COINBASE:XRPUSDLong
by seekingpips
3
$XRP Eyes $10 as SEC Case ClosesAnalysts predict that XRP CRYPTOCAP:XRP could reach $10 by 2030 after the SEC officially dropped its lawsuit against Ripple. Ripple CEO Brad Garlinghouse confirmed that the regulator will not appeal the court’s decision, marking the end of the legal battle that began in 2020. As of March 24, 2025, XRP CRYPTOCAP:XRP trades at $2.46, up 2.17% in the past 24 hours, with a market cap of $143.29 billion. Despite bullish prospects, challenges remain. Market volatility and competition from Ethereum and stablecoins could slow growth. Analysts at InvestingHaven believe XRP’s success depends on Ripple’s network expansion, though crypto market instability remains a key factor. While a 306% rise to $10 by 2030 seems feasible, today’s market is less competitive than in 2017 when XRP CRYPTOCAP:XRP surged 64,000%. Investors are closely watching regulatory changes and macroeconomic conditions that could impact the coin’s future trajectory.
Long
by paul_endeo
$XRP Adds $100 Billion to Its Market Cap in a YearShort-term charts depict XRP CRYPTOCAP:XRP as highly volatile and, at times, disappointing. Despite favorable external factors, the token has gained only 14.96% over the past year. However, the long-term outlook tells a different story—XRP is up 277.50% year-over-year and 385.54% since Donald Trump's pivotal re-election. XRP’s market capitalization reflects this surge, skyrocketing by approximately $107.6 billion from $34.7 billion to $142.34 billion. The impact of Trump’s November victory is even more pronounced, with XRP’s market cap jumping $113.7 billion from 28$28.6 billion since November 5. Most of these gains occurred before January 20, when the most crypto-friendly president in history took office, and SEC hardliner Gary Gensler stepped down—marking a turning point for regulatory sentiment toward digital assets.
Long
by paul_endeo
RIPPLE What Next? XRP To Make It's Next Move! XrpUsdT GO or NO? ⚠️ The next 240 minute bar could be key in decrypting what XRP is likely to do next. ℹ️ The way is clear for it to begin building a BULLISH base from here however, the way 🟢SeekingPips🟢 sees it there still remains a fair amount of liquidity below current price in the form of stop orders and buyers stop losses.❗️ ✅️ VOLUME viewed on the LOWER TIMEFRAMES may hold the clues from here.🚀 🟢SeekingPips🟢 pips has this on his RADAR and will be updating his thoughts on this CRYPTO regularly this week.📈
COINBASE:XRPUSDLong
by seekingpips
1
XRP with likely levels, and alternatives for April 'flash crash'Here's my latest XRP chart, which includes potential levels that could be hit, along with an alternative path for the 5th wave, assuming the bottom is already in on the chart. - If wave 4 is already complete, then the wave 6 "flash crash" low would likely be higher than the chart shows, perhaps staying within the lower white trendline (thicker white line). - If wave 4 isn't complete, then the wave 6 "flash crash" would likely go outside the lower white trendline (thicker white line), targeting the green fair value gap (FVG) in the chart or somewhere between that FVG and the lower white trendline, sweeping the previous lowest low of the entire pattern. - The fair value gap that absorbed the "Trump Crypto Reserve" tweet breakout—which quickly failed after hitting the gap—would likely be filled during the 5th wave (false breakout leg), taking out that high before the April "flash crash." - The real breakout, the 7th wave, would likely take out the previous all-time high and run to the top of the pattern, reaching the area of the upper white trendline (thicker upper white line). I will be going over this chart again very soon for anyone who follows me. Keep in mind that the "flash crash" in April is a theory and may not come to fruition or could be off in timing. However, I do believe that the breakout will begin in May, even if the "flash crash" does not occur in mid to late April. Good luck, and always use a stop loss!
CRYPTO:XRPUSDLong
by MetaShackle
XRP Jumps 7% After Surge in Network Activity & Whale BuyingXRP, the digital asset associated with Ripple Labs, has recently experienced a notable price surge, climbing approximately 7% amidst a flurry of on-chain activity and substantial whale accumulation.1 This resurgence has reignited discussions within the crypto community regarding XRP's potential for further growth, particularly in light of a significant uptick in active addresses and evolving regulatory landscapes. The recent price movement follows a period of relatively stagnant performance, prompting analysts to scrutinize the underlying factors driving the renewed interest in XRP. A key catalyst appears to be the dramatic increase in network activity, with active addresses reaching their highest level since April 2023.2 This surge in transactional volume suggests a heightened level of engagement and utility within the XRP ecosystem, potentially indicating growing adoption and demand. Furthermore, reports of significant whale accumulation have fueled speculation that large-scale investors are positioning themselves for a potential price rally. These whales, often possessing substantial market influence, are known for their ability to trigger price movements through strategic buying and selling activities.3 Their recent accumulation of XRP suggests a strong conviction in the asset's future prospects.4 The combination of increased network activity and whale buying has created a bullish sentiment among many XRP holders. However, the question remains: will this surge in activity translate into sustained price appreciation? While the current momentum appears promising, several factors could influence XRP's trajectory in the coming weeks and months. One of the most significant factors influencing XRP's price is the ongoing regulatory landscape, particularly concerning the Securities and Exchange Commission (SEC) lawsuit against Ripple Labs.5 While a partial victory was achieved in the summer of 2023, the SEC's case is not fully resolved. The ongoing legal battle has cast a shadow over XRP's price for several years, creating uncertainty and hindering its potential for wider adoption. Recently, analysts have begun speculating that the SEC may ultimately drop its four-year lawsuit against Ripple Labs, citing the potential for a more crypto-friendly regulatory environment under a potential Trump administration. This perspective suggests that the market may have already "priced in" the expectation of a favorable resolution, given the potential for significant policy shifts. The notion that the SEC's actions were anticipated based on potential political shifts adds another layer of complexity to XRP's price dynamics. The argument suggests that market participants have been anticipating a change in regulatory stance, leading to a gradual accumulation of XRP in anticipation of a favorable outcome. If this proves accurate, the recent price surge could represent the beginning of a more sustained upward trend. However, it is crucial to acknowledge that the regulatory landscape remains fluid and subject to change. While a Trump administration might usher in a more lenient approach to cryptocurrency regulation, there is no guarantee that the SEC will definitively drop its lawsuit. The legal proceedings could continue, potentially leading to further volatility and uncertainty. Beyond the regulatory environment, XRP's price is also influenced by broader market trends and investor sentiment.6 The cryptocurrency market is known for its volatility, and sudden shifts in sentiment can significantly impact asset prices.7 Therefore, even with positive developments in network activity and whale accumulation, XRP's price could still be affected by external factors. The utility of XRP within the Ripple ecosystem also plays a crucial role in its long-term price potential. Ripple Labs has positioned XRP as a bridge currency for cross-border payments, aiming to facilitate faster and cheaper transactions.8 The adoption of XRP by financial institutions and payment providers could significantly increase its demand and drive its price higher. However, widespread adoption has been hindered by the regulatory uncertainty surrounding XRP. As the legal battle with the SEC progresses, potential partners may hesitate to integrate XRP into their operations. A favorable resolution could remove this barrier, paving the way for wider adoption and increased utility. In conclusion, XRP's recent 7% price jump, fueled by a surge in network activity and whale buying, reflects a renewed interest in the digital asset.9 While the potential for a more crypto-friendly regulatory environment under a potential Trump administration has fueled speculation of a favorable resolution to the SEC lawsuit, the legal landscape remains uncertain. The increase in active addresses to the highest level since April 2023 indicates a growing level of engagement and utility within the XRP ecosystem.10 Coupled with significant whale accumulation; these factors suggest a potential for further price appreciation. However, the volatility of the cryptocurrency market and the ongoing regulatory uncertainty require a cautious approach. Ultimately, XRP's long-term price potential will depend on a combination of factors, including regulatory clarity, broader market trends, and the continued adoption of its utility within the Ripple ecosystem. While the recent surge provides a glimmer of optimism, investors should remain vigilant and consider the various factors that could impact XRP's future performance.
by bryandowningqln
XRP Price Outlook: Is a Deeper Correction on the Horizon?XRP remains in a descending channel, facing strong resistance levels. The price has recently rejected the moving average, signaling potential downside movement. Fibonacci retracement highlights key support at $2.31 (0.786 Fib) and $2.02. If bearish momentum persists, a retest of the lower trendline is likely. The daily chart shows significant supply zones around 2.3265-3.4106 and 2.5032-2.6487, with additional selling pressure expected between 2.6487 and 3.0153. If the RSI remains below 60-65 within these ranges, XRP could roll over, initiating another bearish impulse wave. Monitoring lower timeframes for signs of trend reversals or uptrend violations can help confirm short entries and long exits. Should sellers regain control, daily demand zones are identified at 1.5414-1.2843 and 1.1222-1.0033, with Fibonacci retracements reinforcing these levels. Given XRP’s explosive rally in 2024, the monthly and weekly charts feature "tradeable voids" due to expanded-range candlesticks. While these large candles suggest momentum, they also indicate gaps in order flow, which could lead to rapid price movements if a correction occurs. If XRP sells off, price may decline quickly due to the lack of unfilled orders to absorb movement. Traders should remain cautious and use micro-timeframes to spot early signs of trend shifts and potential entry opportunities.
Short
by paul_endeo
Xrp - Destroying All Hopes For Bears!Xrp ( CRYPTO:XRPUSD ) is heading for new all time highs: Click chart above to see the detailed analysis👆🏻 Literally all cryptocurrencies are currently creating pump and dump like price action with swings of two digits within a couple of minutes. But if we look at the higher timeframe - specifically also on Xrp - markets are still 100% bullish and heading for new all time highs. Levels to watch: $2.0, $5.0 Keep your long term vision, Philip (BasicTrading)
CRYPTO:XRPUSDLong
by basictradingtv
7
Navigating XRP Regulatory Winds and Technical TidesThe crypto sphere remains fixated on XRP, a digital asset perpetually caught between regulatory scrutiny and promising technological advancements. Recent developments, including the delayed decision on a potential XRP ETF, the nearing conclusion of the SEC vs. Ripple lawsuit, and the launch of CFTC-regulated XRP futures, have injected fresh volatility and speculation into XRP's price trajectory. ETF Delay and SEC Lawsuit: A Tale of Two Catalysts The anticipation surrounding a potential XRP Exchange-Traded Fund (ETF) has been palpable. However, the recent delay in the SEC's decision has tempered immediate expectations. While a positive verdict would undoubtedly trigger a massive price surge, the postponement underscores the regulatory hurdles still facing the cryptocurrency market. Conversely, the long-standing legal battle between Ripple and the SEC is seemingly approaching its denouement. Reports suggest the SEC is considering dropping the case against Ripple, a development that has already spurred significant price appreciation. The dismissal of the lawsuit, even if partial, would provide much-needed regulatory clarity, significantly boosting investor confidence. This potential resolution drove XRP up 12+% to $2.50, indicating the market's sensitivity to legal outcomes. Technical Analysis: Charting a Course to New Highs From a technical standpoint, XRP's price action displays a complex interplay of support and resistance levels. A critical resistance zone lies between $2.60 and $2.89. Overcoming this barrier is crucial for XRP to unlock its full potential and embark on a sustained upward trend. However, XRP has shown resilience, maintaining support above the $2.0 mark, which suggests underlying strength. Analyzing the Elliott Wave theory, some analysts suggest XRP is currently in a corrective Wave 4. Within this framework, the $2.66 level emerges as a pivotal point. Breaking above this level would signal the completion of Wave 4 and the initiation of Wave 5, potentially leading to new all-time highs. This wave count, while speculative, provides a valuable framework for understanding potential price movements. Conversely, trading below the 100-day moving average (MA) presents a significant setback for XRP buyers. This would signal a potential shift in momentum and could lead to further downward pressure. Investors should closely monitor this MA as a key indicator of short-term price direction. Bitnomial's XRP Futures: Bridging Traditional and Crypto Markets The launch of Bitnomial's CFTC-regulated XRP futures marks a significant milestone for the asset. This development provides institutional investors with a regulated avenue to gain exposure to XRP, potentially increasing liquidity and market depth. This regulated futures market may also provide more price stability, while also providing a tool for shorting XRP. How High Can XRP Price Go After a Ripple Victory? The question on everyone's mind is: how high can XRP soar if Ripple secures a decisive victory against the SEC? Predicting exact price targets is inherently challenging, but several factors suggest a bullish outlook. Firstly, regulatory clarity would remove a major overhang that has suppressed XRP's price for years. This newfound certainty would attract a wave of institutional and retail investors who have previously been hesitant to invest due to legal uncertainties. Secondly, Ripple's continued expansion and adoption of its technology, particularly in the cross-border payments sector, positions XRP for long-term growth. The increasing demand for efficient and cost-effective payment solutions could further fuel XRP's price appreciation. Thirdly, the psychological impact of a legal victory should not be underestimated. It would validate XRP's legitimacy as a digital asset and potentially trigger a FOMO (fear of missing out) rally. Based on these factors, some analysts speculate that XRP could potentially retest and surpass its previous all-time high, potentially reaching double-digit valuations. However, the timing and magnitude of such a surge remain subject to market dynamics and regulatory developments. Why Is XRP Surging? The Convergence of Catalysts The recent surge in XRP's price can be attributed to a convergence of positive catalysts. The nearing conclusion of the SEC lawsuit, coupled with the launch of CFTC-regulated XRP futures, has created a perfect storm of bullish sentiment. Furthermore, general market sentiment towards cryptocurrencies has been improving, with increasing institutional adoption and growing awareness of the technology's potential. Navigating the Volatility: A Word of Caution While the outlook for XRP appears promising, investors should remain cognizant of the inherent volatility of the cryptocurrency market. Regulatory developments, market sentiment, and technical factors can all significantly impact price movements. Therefore, investors should conduct thorough research, manage their risk prudently, and avoid making impulsive decisions based on short-term price fluctuations. In conclusion, XRP is navigating a complex landscape of regulatory headwinds and technological tailwinds. The nearing conclusion of the SEC lawsuit, coupled with the launch of regulated futures, presents a compelling case for a bullish outlook. However, investors should remain vigilant and exercise caution as they navigate the volatile crypto market. The interplay of legal outcomes, technical analysis, and market sentiment will ultimately determine XRP's future trajectory.
by bryandowningqln
Bearer of Bad News - Short $XRPI originally posted this idea several days ago, but it was flagged b/c I linked one of my social media accounts. Apologies for any typos - the format of my post got jacked up after copying/pasting. Crypto's going to break one way or another from current levels. Bitcoin has a wide supply zone (not super strong) 86267.86-92920.42, so watch how it reacts... Strictly technical setup here. Near-term demand/buy zones were good for bounces across the crypto space. However, buying has been fairly tepid. Given the technical structure for many crypto underlyings, this is unsurprising (addressed in CRYPTOCAP:DOGE ( COINBASE:DOGEUSD ), CRYPTOCAP:BTC , CRYPTOCAP:TOTAL ideas). Barring a catalyst, it seems more likely that crypto (and risk assets generally) will trade lower before higher. Unfortunately for bulls, BITSTAMP:XRPUSD has levels of daily supply near current price. Per the 1D chart, sell zone = 2.3265-3.4106, 2.5032-2.6487. Additional sellers are likely lurking between 2.6487 and 3.0153, though LTFs need to be analyzed for identification. If the RSI is printing < 60/65 if/when price reaches the abovementioned ranges, CRYPTOCAP:XRP could roll over and commence another bearish impulse wave. Use micro-timeframes to watch for signs of uptrend violation/termination + to confirm any short entries/long exits. To bolster positional confidence, observe other cryptos, especially larger market caps. Correlative behavior can be a very helpful trading "odds enhancer". If other majors rally w/ significant volume/momentum, XRP will likely follow. Conversely, if BITSTAMP:BTCUSD , BITSTAMP:ETHUSD ( CRYPTOCAP:ETH ), etc. fizzle out, expect XRP to do the same. If this idea materializes and shorts regain control, daily demand = 1.5414-1.2843, 1.1222-1.0033. Fib retracements reinforce the aforementioned buy zones. Because of the explosive nature of XRP's 2024 rally, the monthly/weekly charts have "tradeable voids" (expanded-range candlesticks). While traditional technicals tout large candles, they're a double-edged sword. Their elongated nature is often reflective of limited trading and gaps in order flow, which can have a vacuum-like effect if/when prices correct. It's great when you're on the right side of the trade creating the candles, but there's also not a lot of unfilled orders to stop price from moving rapidly in the opposite direction. So, if XRP sells off, don't be surprised if price moves quickly. I'm a fan of confirmation entries vs. "catching a falling knife". Referencing RSI momentum + using micro-TFs to ID trend reversal signals can help prospective buyers reduce risk (and/or increase position size). When volatility strikes, preservation is paramount. Thanks for reading! Feedback/engagement welcome. Jon
BINANCE:XRPUSDShort
by JHartCharts
22
SEC Officially Drops Ripple $XRP Lawsuit XRP Up 13%In a shocking news today the US SEC officially drops Ripple CRYPTOCAP:XRP lawsuit a move that saw CRYPTOCAP:XRP surged nearly 15% today amidst the market dip to $2.54 pivot. in a similar events, CRYPTOCAP:ETH likewise reclaims the $2k pivot albeit CRYPTOCAP:BTC trading at FWB:83K point. Garlinghouse called the move “a resounding victory for Ripple, for crypto, every way you look at it.” Moreover, the move was one in a string of similar actions taken by the revamped agency this year. The arrival of 2025 has come with a completely overhauled cryptocurrency policy embraced by the returning Trump administration. The lawsuit was originally filed four years ago, under the previous Gary Gensler-led SEC. Ripple CEO Brad Garlinghouse called the lawsuit “doomed from the start” in a statement following the dropped appeal. “In many ways, it was the first major shot fired in the war on crypto,” Garlinghouse added. “I truly felt that I knew then that Ripple was not only on the right side of the law, but I felt that we were also going to be proven to be on the right side of history.” The landmark decision has proven Garlinghouse and the company right in the end. Technical Outlook As of the time of writing, CRYPTOCAP:XRP is up 11% trading within over bought territory with the RSI of 73. For the altcoin, the 65% Fibonacci retracement point is serving as a support point should CRYPTOCAP:XRP cool off. Similarly, a break above the $2.64 price pivot that connotes with the 38.2% Fibonacci level could spark a move to $5 as more buyers will feel convicted and step in.
Long
by DEXWireNews