XRP News: Ripple vs. SEC Case Closed, But XRP Price Faces Hurdles in Reaching $3 by 2025
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XRP Price Prediction 2025: What’s Stopping XRP Price From Rising to $3?
Just before the end of Q1 2025, the Ripple vs. SEC case closed, seen as a huge win for the crypto community with potential long-term positive impacts on the XRP price. The price experienced a short-term positive impact but soon faded, consolidating around $2. After pulling back from $2.5, the price struggles to hold support at $2, risking a 25% pullback if the token breaks below this range. Despite short-term bearish signals, long-term price action shows possibility.
Was the SEC Unintentionally Boosting XRP’s Popularity? Search Trends Crash After Ripple Lawsuit Ends
The long-standing Ripple vs. SEC lawsuit has officially wrapped up, but the SEC’s official statement is still pending. Attorney Fred Rispoli expects Ripple to receive an official update within 60 days. Investors had high hopes for a massive XRP price rally following the lawsuit, but search trends have crashed since its conclusion.
XRP Eyes Breakout as Symmetrical Triangle Pattern Hints at $6 Target
XRP, the token closely related to Ripple Labs, is showing signs of a potential breakout. Its price chart has formed a symmetrical triangle pattern alongside other bullish technical indicators. The pattern, characterized by two converging trend lines, suggests a buildup of momentum. A technical analysis from a well-followed user indicates that a breakout could propel XRP toward a short-term target of $6. This setup, commonly observed in crypto markets, often precedes a sharp move, depending on the direction of the breakout.
XRP Price Faces Potential Head and Shoulders Formation, Analysts Warn
Crypto analysts have expressed concerns over a potential Head and Shoulders formation in XRP’s price action, often a sign of an upcoming downturn. The Charting Guy predicts a significant price drop to $1.15 if the bearish setup materializes. Meanwhile, legendary trader Peter Brandt suggests XRP could tumble to $1.07 unless it breaks above $3. Despite this, XRP’s current market structure shows resilience, holding the $2 support level, suggesting the possibility of recovery.