Ripple has officially wrapped up its long-standing legal dispute with the U.S. Securities and Exchange Commission (SEC), as both sides have dropped their appeals. This development marks the end of a legal saga that has weighed on XRP since 2020. Ripple’s Chief Legal Officer, Stuart Alderoty, confirmed the news, saying, “It’s over… and now back to work.”
XRP Price Outlook
Short-Term View:
$XRP continues to trade comfortably above a key Fibonacci support level at $2.90. The $2.90–$3.00 range remains a strong buy zone. If the price slips below $2.90, further support can be found around $2.75 and then between $2.55–$2.62.
Resistance Levels to Watch:
Initial resistance sits between $3.35–$3.40. If XRP closes above $3.40, it could aim for $3.47 next. Should bullish momentum continue, the price might target higher levels between $3.80 and $4.30.
Trend Overview:
For XRP to stay in a bullish trajectory, it should remain above $3.13 in the near term, with $3.38 acting as a key level to maintain upward strength. Recent weekend price swings suggest buyers are still active, even though weekly charts show some medium-term bearish divergence.
Trading Plan
Entry Zone: $2.90 – $3.00
Stop Loss: Below $2.88
Target 1: $3.35
Target 2: $3.47
Target 3: $3.80 – $4.30
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$XRP