#Xrp🔥🔥 #LatestNews
Regulatory Win: The U.S. SEC has officially ended its lawsuit against Ripple, with the company agreeing to pay a $125 million fine. This marks the end of a major legal hurdle and boosts investor confidence.
Market Reaction: Following the news, XRP surged by 11%, supported by a broader crypto rally and positive macroeconomic sentiment, including lower stock market yields and expectations of Fed rate cuts.
Technical Signals: Analysts note that holding $3.20–$3.22 support is key to sustaining bullish momentum. A breakout above $4 could open the way toward $5–$8.
Exchange Insights: Binance suggests an ideal buy zone between $2.90 – $3.00, with initial resistance around $3.35–$3.40 and potential upside to $3.80 – $4.30 if buying pressure continues.
Price Action Watch: CoinDCX analysis shows that breaking $3.01 with strong momentum could target $3.30 – $3.60, while $2.78 remains a critical downside protection level.