XRP News: Ripple Whales Accumulate XRP Amid Speculation Over SEC Lawsuit Conclusion

Recent developments in the Ripple vs. SEC lawsuit have sparked speculations among the cryptocurrency community, particularly regarding the behavior of Ripple whales. Here’s a closer look at what’s happening.

Are XRP Whales Positioning for the End of Ripple vs. SEC Lawsuit?

Ripple whales have been actively accumulating XRP in recent weeks. Speculations suggest that this could be in anticipation of a potential conclusion to the years-long lawsuit between Ripple and the US Securities and Exchange Commission (SEC). The rumors intensified after the US regulator dropped cases against other crypto companies and as Trump promised a more favorable future for the crypto industry in the US, hinting at the firing of former SEC Chair Gary Gensler.

Ripple: AI Predicts XRP’s Price For March 20, 2025

Ripple (XRP) has become a disruptive force in the market, aiming for high price targets. With Trump’s decision to include XRP in the crypto reserve, the token may surge and spark a new rally. Ripple is also awaiting approvals on nearly 17 XRP ETFs filed with the US SEC, indicating its growing dominance in the cryptocurrency realm.

XRP Eyes $2.60; Will Bitcoin’s Volatility Affect Rally?

XRP has shown resilience and strong dip-buying demand, hinting at long-term breakout potential. After a third dip to $1.9925 last week, followed by a 7.40% surge, XRP is currently trading at $2.3855. A MACD bullish crossover reinforces the uptrend, with $2.60 resistance in sight. However, short-term volatility remains, and an uptick in exchange reserves suggests increased selling pressure. If this trend continues, a retracement may be needed before the next leg up, especially with Bitcoin still under short-term pressure.

XRP $15 Breakout? Analysis Suggests It’s Possible

Ripple’s XRP has shown resilience, currently trading between $2.30 and $2.40. With the SEC vs Ripple case nearing resolution, expect more price volatility. Market analyst Ali Martinez predicts XRP could hit a two-digit figure this cycle based on a symmetrical triangle formation. However, XRP has recently slipped by around 25% from its $3.40 high in mid-January due to the broader crypto market fall.