As of June 4, 2025, a significant rumor is stirring the crypto community: Ripple, the SEC, and Judge Analisa Torres may have reached an agreement in their long-standing legal battle, with Ripple reportedly emerging victorious. According to a post on X by user @Brett_Crypto_X on June 4, 2025, an announcement could come as early as June 13, 2025. While unconfirmed, this XRP rumor has sparked optimism among US traders, especially as XRP’s all-time high of $3.84 could be in sight if the news holds true. For traders, this development could reshape the market, potentially driving XRP news into a bullish phase.
XRP Rumor: What’s the Buzz About?
The XRP rumor centers on a possible resolution between Ripple and the SEC, a case that has weighed on XRP since December 2020. The X post suggests that an agreement has been finalized, with an official statement expected on June 13, 2025. If true, this could remove a major regulatory overhang, boosting confidence in Ripple SEC agreement outcomes. The user also hints at significant price potential, stating that a break above XRP’s all-time high of $3.84 would lead to “price discovery,” with no clear ceiling in sight. For US traders, this XRP rumor could signal a pivotal moment, especially as institutional interest in crypto grows, as seen with recent moves like JPMorgan’s financing against crypto ETFs.
XRP Price Outlook: Can It Reach $2.60?
Turning to the technicals, FXStreet analyst John Isige provides a short-term $XRP price outlook. As of June 4, 2025, XRP is holding above an ascending trendline after finding support at the 200-day Exponential Moving Average (EMA) around $2.07. The Relative Strength Index (RSI) is showing an upward reversal and nearing the 50 midline, indicating potential momentum buildup for XRP price gains in the coming sessions.
On the daily chart, traders should watch for a buy signal from the Moving Average Convergence Divergence (MACD) indicator. This would occur if the blue MACD line crosses above the red signal line, potentially pushing XRP price toward a target of $2.60.
On the 4-hour chart, the MACD has already sustained a buy signal since Saturday, with green histogram bars expanding and nearing the zero line, reinforcing a bullish tilt. The RSI on this timeframe is also approaching overbought territory, further supporting the likelihood of an XRP price uptrend.
However, challenges remain. XRP will face stiff hurdle due to the 100-day EMA at $2.26 and the 50-day EMA at $2.27, with additional seller congestion at $2.35. A failure to break these levels could lead to consolidation or a pullback, especially if profit-taking occurs. For US traders, monitoring these XRP price levels will be key ahead of the rumored announcement.
Implications for US Traders
The XRP rumor of a Ripple SEC agreement could have significant implications for US traders. A favorable resolution might enhance XRP’s appeal to institutional investors, potentially increasing liquidity and reducing volatility. However, the market remains cautious, as unconfirmed rumors can lead to sharp price swings. On the technical side, the XRP price target of $2.60 appears achievable if momentum holds, but traders should be prepared for resistance-driven pullbacks. As the June 13, 2025, date approaches, staying updated on XRP news will be crucial.
Conclusion
The XRP rumor of a potential Ripple SEC agreement has injected fresh optimism into the market, with a possible announcement on June 13, 2025, that could propel XRP past its all-time high of $3.84. Meanwhile, technical indicators suggest a near-term XRP price target of $2.60, supported by bullish RSI and MACD signals, though resistance levels may pose challenges. US traders should approach with caution, balancing the potential upside with the risks of an unconfirmed rumor and market volatility.
Disclaimer: Cryptocurrency investments carry high risks, and price predictions are speculative. Past performance does not guarantee future results. Always conduct your own research before trading.
Source:
Twitter/X.com: @Brett_Crypto_X
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