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XRP News: Price Stagnation Despite SEC Lawsuit Win; Targets $5 Amid Market Optimism

XRP News: Price Stagnation Despite SEC Lawsuit Win; Targets $5 Amid Market Optimism

Author:
XRP News
Published:
2025-03-23 17:55:50
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XRP’s price action has been a subject of interest for investors, particularly after Ripple’s recent victory in its lawsuit against the SEC. However, despite this positive development, the cryptocurrency’s price has failed to sustain its initial surge. Here’s a closer look at the current market conditions and XRP’s future targets.

Why Is XRP’s Price Not Going Up After the SEC Lawsuit Win?

The crypto market is currently in the “Fear” zone, with the Fear & Greed Index at 32. While Bitcoin and Ethereum show volatility, XRP remains a hot topic. Despite Ripple winning its lawsuit against the SEC, which briefly surged XRP 16% to $2.60, the excitement faded, and the price dipped back. Investors are left wondering why XRP didn’t take off as expected.

XRP Targets $5 as Market Conditions Strengthen for a Rally

XRP remains stable after a recent surge but faces a pullback from $2.57. Key gap zones between $1.712-$1.546, $1.00-$0.9268, and $0.772-$0.64 could influence price action. Bitcoin’s breakout could boost XRP’s momentum, currently trading at $2.39. Liquidity zones present strategic buying opportunities for traders. Ripple (XRP) is holding its ground strongly and aiming for the next leg up. Recently, the token experienced a huge surge in value after the announcement of Ripple’s case win against the SEC, but XRP faces a pullback after hitting $2.57. Over the past week, XRP is slightly up by 1%, showing stability and signs of an upward trend. Despite this, the overall market is in a stable phase, and the next phase is unclear.

XRP Price Prediction: Potential Surge To $10 By April?

XRP price action signals a potential breakout as it forms a bullish flag pattern. After surging 16% on news that Ripple’s SEC case may soon end, XRP retraced below $2.50. While spot buying dominates, futures traders remain bearish. A decisive move above $2.65 could trigger an explosive surge, pushing XRP toward $10. Bitcoin Ape’s price chart highlights this bullish flag pattern, suggesting a strong upward move if the price closes above $2.65. A successful breakout could lead to a rapid move toward the $3.40 all-time high.

David Defeats Goliath: Inside Ripple’s Historic SEC Win That Could See XRP Touch $9 in 2025

XRP price rocketed 13% in a single day, climbing to $2.53, while its market cap swelled to $146.9 billion. The U.S. Securities and Exchange Commission (SEC) dropped its four-year legal fight against Ripple Labs, sparking Optimism within the XRP community and the entire crypto space. The news, announced by Ripple CEO Brad Garlinghouse, sparked a market frenzy and raised fresh questions about the future of crypto regulation. The SEC ended its case against Ripple, closing a chapter that began in 2020, when the agency accused Ripple of running an unregistered securities offering through XRP sales. Ripple fought back, insisting XRP is a digital currency, not a security.

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