There are several factors that play a role in determining the direction of XRP's price, among them:

Ripple vs SEC case: According to the latest updates, the legal case between Ripple and the U.S. Securities and Exchange Commission (SEC) may reach a settlement in the coming months, which could significantly affect price movement.

General market trends: With the value of Bitcoin rising and approaching $95,000, there are expectations that alternative coins like XRP will experience a new bullish wave, especially if the positive momentum in the cryptocurrency market continues.

Technical analysis: Technical indicators suggest that XRP is showing bullish momentum, as it has surpassed the 9-day moving average, which may indicate the potential for additional gains if the price can break through the resistance level at $2.40–$2.50.