Ripple’s multi-year legal battle with the U.S. SEC has officially ended after both parties dropped their appeals — a closure that removes a major cloud hanging over XRP since 2020. Ripple’s Legal Director, Stuart Alderoty, confirmed the dismissal and stated, “It’s over… and now back to work.”
Price Outlook
Short-Term: XRP is holding well above key Fibonacci support at $2.90, with a solid buying zone between $2.90 – $3.00. If it breaks below $2.90, support lies at $2.75 and then $2.55 – $2.62.
Resistance Levels: The first test is $3.35 – $3.40. A close above $3.40 could push prices toward $3.47, with an extended target of $3.80 – $4.30 if momentum holds.
Trend Watch: To maintain a bullish path, XRP should stay above $3.13 in the short term and ideally above $3.38. Strong weekend volatility shows buyers remain in control despite medium-term bearish divergence signals on the weekly chart.
Trade Setup
Buy Zone: $2.90 – $3.00
Stop Loss: Below $2.88
Target 1: $3.35
Target 2: $3.47
Target 3: $3.80 – $4.30
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