🚀 XRP Rockets 11% Post-Ripple’s SEC Victory: Is $3.64 the Next Stop?

Ripple's legal triumph over the SEC sends XRP soaring—but can the momentum hold?

The crypto world's favorite courtroom drama just delivered a bullish twist. XRP's price spiked 11% after Ripple scored a decisive win against the SEC. Traders are now eyeing the $3.64 resistance level like Wall Street brokers eyeing a bonus pool.

Market mechanics at play: Regulatory clarity acts as rocket fuel. With the legal cloud lifting, XRP's fundamentals suddenly look brighter than a Bitcoin maximalist's future predictions.

Key question: Is this a sustainable rally or just another 'buy the rumor, sell the news' event? The charts suggest volatility ahead—typical crypto theater.

Bonus cynicism: Nothing makes crypto pump like regulators losing—except maybe Elon Musk tweeting a meme.

XRP price just spiked over 11% in 24 hours, making it one of the top-performing crypto assets in the market today. This move didn’t come out of nowhere.

This move came just hours after the long-standing legal case between Ripple and the SEC officially closed. It removed a key overhang that had weighed on XRP for years.

With Ripple’s SEC win, XRP is once again catching the eye of both retail traders and institutions.

The rally was mainly triggered by a short squeeze, but there are still strong technical indicators that suggest XRP has room to rise another 10% or more. At the same time, it’s not a free ride.

Bulls are in charge right now, but they’ll need to stay in control to break through the next resistance level NEAR $3.64.

Short Squeeze Kicks Off the XRP Price Rally

This rally started when XRP suddenly jumped past some important price levels: $3.08, $3.19, and $3.29.

These were major resistance zones, meaning sellers had blocked prices from moving higher at these levels before.

When XRP moved above all three quickly, short sellers were forced to buy back their positions to cut losses. That’s called a short squeeze.

According to Bitget data, more than $500 million in short positions were liquidated in this move. That’s a lot of bears caught off guard.

It means many traders were betting on the price going down, but they had to buy XRP at higher prices once it started rising. That sudden buying pushed the price up even more.

Now, there’s another large group of short sellers positioned near $3.64. If XRP reaches that level, and bulls stay strong, it could cause another short squeeze, pushing the price even higher.

Bull-Bear Power Confirms Buyers Are Gaining Strength Post Ripple’s SEC win

One important indicator right now is the Bull-Bear Power index (BBP), which depicts whether buyers (bulls) or sellers (bears) side is stronger in the market at any given time.

The BBP works by comparing the highest price buyers are willing to pay with the lowest price sellers are willing to accept.

If the result is a big positive number (green), it means buyers are in control and pushing prices higher.

On the other hand, if it is negative or red, it indicates that the sellers are dominating.

Right now, BBP has flipped green and is rising, which shows that bulls are firmly in control after a long time.

This happened at the same time XRP broke out of its triangle pattern.

When BBP and price action MOVE together like this, it gives the breakout more weight. It shows the move is driven by strong buying pressure.

CMF Flips Green: Money Is Coming Back In

The Chaikin Money FLOW (CMF) is another momentum indicator that tracks whether money is flowing into or out of a crypto asset. It looks at both price and volume to figure this out.

CMF recently turned positive after showing its lowest level since June. That means traders and investors are starting to put money back into XRP.

A rising CMF usually means people are feeling more confident. That can help push the price even higher.

When both BBP and CMF turn green together, it usually shows a strong trend backed by real money, not just temporary hype.

Where Can XRP Price Go Next? Price Levels To Watch

Right now, XRP has already broken three key levels: $3.08, $3.19, and $3.29. The next two levels to watch are:

• $3.45, which is a psychological round number and has acted as resistance in the past.
• $3.64, which lines up with a major short liquidation zone.

If bulls manage to keep the momentum going, and XRP price crosses above $3.64, it could start price discovery.

This means there’s no historical resistance above. That’s when rallies can go vertical.

But if XRP fails to stay above $3.29 or if money starts exiting (CMF falls), we could see a pullback to lower support zones. That WOULD invalidate the bullish view.