XRP News: Ripple’s Price Surge Amid Optimism Over SEC Case Resolution

The cryptocurrency market is buzzing with excitement as Ripple’s XRP experiences a significant surge in price, fueled by optimism surrounding the impending resolution of its lawsuit with the Securities and Exchange Commission (SEC). Here’s a closer look at the latest developments and what it means for investors.

XRP Price Prediction: Ripple Surges as SEC Case Nears Resolution

Investors are closely monitoring the XRP price prediction as Ripple gains momentum amid optimism around its nearing SEC case resolution. As of March 24, 2025, XRP is trading at approximately $2.47 USD. While XRP is making headlines, Dawgz AI is also catching investors’ attention, building momentum for potentially bigger returns. Savvy investors should keep their eyes open for fresh opportunities.

Ripple Lawsuit News: XRP Community Seeks $500 Billion Restitution After SEC Fallout

Jimmy Vallee, founder of Valhil Capital, is pushing for a massive $500 billion restitution for XRP holders. This push comes in response to the U.S. Securities and Exchange Commission’s (SEC) 2020 lawsuit against Ripple, which alleged that XRP sales were unregistered securities offerings. The lawsuit triggered a major selloff, causing XRP’s price to drop by nearly 75%, and many exchanges removed the token from their platforms, further damaging its market position. Vallee believes that without the SEC’s interference, XRP could have followed a price path similar to that of Bitcoin (BTC) or Ethereum (ETH).

XRP’s Bull Run May Be Over; Key Indicators Flash Bearish Signal

XRP enthusiasts celebrated last week after Ripple announced that the U.S. Securities and Exchange Commission dropped its case against the company. This move lifted a significant hurdle that hindered XRP’s performance during the 2021 bull run. There is also growing hype around an XRP ETF and hopes that the token could become part of the U.S. strategic reserve. However, recent price action shows a notable bearish shift in trend, with key momentum indicators warning of a potential price slide ahead. Despite surging over 11% to $2.59 last Wednesday, the Optimism may not be reflected in the price for much longer.

XRP’s Multi-Year Bull Flag Signals Possible Rally to $1,452

Crypto analyst ’Steph is Crypto’ predicts a substantial long-term surge in XRP’s value, estimating a future price of $1,452.81, representing a 59,933.47% increase. This prediction is based on the emergence of a multi-year bull flag formation, which suggests strong upward momentum following extended market consolidation. Rumors also suggest that MicroStrategy’s Michael Saylor may shift $21 billion from Bitcoin to XRP. However, the cryptocurrency currently faces resistance at $2.480, with support at $2.350, and the RSI indicates weakening momentum.