TLDR
- SEC’s dropped lawsuit against Ripple Labs is causing optimism in XRP markets
- Analysts predict XRP could reach $4.20-$10+ by 2030 if Ripple capitalizes on payment adoption
- Short-term price targets range from $2.00-$2.17 on downside to $2.65-$3.00 on upside
- Technical analyst Egrag Crypto projects much higher potential of $6-$27 between 2025-2026
- IPO rumors for Ripple Labs provide additional bullish sentiment
The cryptocurrency XRP is gaining attention from investors following the U.S. Securities and Exchange Commission’s decision to drop its lawsuit against Ripple Labs last week. This legal victory has removed a major hurdle for the digital asset.
XRP is currently trading in a range between $2.35 and $2.55, according to Bitget analyst Ryan Lee. He notes that a breakout from this trading range could lead to major price movements in either direction.
The resolution of the SEC case marks a turning point for XRP. Analysts are now free to make predictions without the cloud of regulatory uncertainty that has hung over the token for years.
Short-Term Price Outlook
Short-term price targets for XRP vary widely. On the downside, analysts see potential support levels at $2.00-$2.17. On the upside, resistance levels are identified at $2.65-$3.00.
Technical indicators for XRP show mixed signals at present. The relative strength index (RSI) is neutral, while the moving average convergence divergence (MACD) suggests bearish consolidation.
The RSI measures price momentum on a scale of 0 to 100. Readings above 70 indicate overbought conditions, while readings below 30 signal oversold conditions.
MACD is another technical indicator that traders use. It shows the relationship between two moving averages of XRP’s price, with signal line crossovers indicating shifts in momentum.
Nick Ruck from LVRG Research points to XRP’s relative stability during recent market downturns. He sees this as a positive sign but cautions that “momentum can be lost if U.S. macroeconomic factors and tariffs disrupt the industry.”
Long-Term Projections
Looking further ahead, Lee suggests XRP could reach $4.20-$10+ by 2030. This projection assumes Ripple continues to gain adoption for its payment solutions and builds on its regulatory clarity advantage.
$XRP is trading within a triangle similar to December when it broke to the upside
Does history repeat itself? 🚀 pic.twitter.com/6TOjftzKsz
— Trader Edge (@Pro_Trader_Edge) March 21, 2025
Chart analyst Egrag Crypto has an even more bullish outlook. His technical analysis suggests XRP could move between $6 and $27 between 2025 and 2026.
Egrag Crypto’s analysis points to a “post-breakout correction” following XRP’s symmetrical triangle breach after the November 2024 U.S. election. From there, he sees potential for substantial gains.
Not everyone agrees with these high projections. Critics point out that as markets mature, they often experience diminishing returns. This means newer investors might not see the same percentage gains as early adopters.
Ripple Labs IPO Speculation
The prospect of a Ripple Labs IPO adds another layer to the XRP price story. Ripple CEO Brad Garlinghouse mentioned in a recent interview that going public was “possible,” fueling further speculation.
XRP’s current price action is taking place within what Egrag Crypto describes as a “healthy correction phase.” He believes the token could eventually return to its January peak of $3.40 if it overcomes the current descending triangle pattern.
The Fear & Greed Index, a measure of market sentiment, currently sits at 45. This reading places market emotions in the “Fear” territory, suggesting caution among many crypto investors despite the positive developments for XRP.
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