XRP News: Ripple Lawsuit Conclusion Sparks Optimism and Price Surge

SEC-Ripple Case Over: Can XRP Price Skyrocket to $50?

After seven years of legal battles with the SEC, the Ripple lawsuit has concluded, sparking anticipation of an XRP price increase. The dismissal of the case saw XRP’s price surge past $2.50 before stabilizing around $2.40. Technical analysis reveals critical support levels around the $2.50 region, indicating a fresh optimistic outlook for the cryptocurrency.

XRP Price Prediction: Analyst Foresees ATH in 120 Days, $1.35 as Key Risk

A crypto analyst, EGRAG CRYPTO, predicts that XRP could reach a new all-time high within the next 90 to 120 days based on historical Relative Strength Index (RSI) patterns. The analyst highlights similarities between XRP’s previous bull cycles in 2017 and 2021, where price surges followed key RSI breakouts. However, a potential drop to $1.35 remains a looming threat. Crucial resistance levels are identified at $66.00, $70.00, and $76.31.

XRP Price Loses Momentum Amid US Economic Concerns

The XRP price has lost momentum this week, falling for four consecutive days and reaching its lowest point since March 11. Ripple (XRP), like other altcoins, has crashed due to concerns about the state of the U.S. economy and President Donald Trump’s reciprocal tariffs. Data released on Friday showed that inflation rose in February while consumer spending slowed. The report came after the Conference Board said consumer confidence dropped in March, leading Moody’s top economist to warn of rising recession odds. These risks have led to panic in the stock and crypto markets, with the U.S. stock market crashing and the top three indices falling by over 2%. These factors have prevented the XRP price from surging.

Market Veteran Peter Brandt Predicts XRP’s Next Big Move—Bull or Bear?

Peter Brandt has identified a head and shoulders pattern in XRP’s price action, which could drive the price down to $1.07. However, a break above $3 would invalidate this bearish setup and potentially trigger a bullish reversal rally. Analyst TehThomas highlights bullish signals like Golden Pocket and Ascending Channel, targeting the $2.8–$2.9 range.