$XRP
End of the legal battle with the SEC: Ripple and the U.S. Securities and Exchange Commission (SEC) have officially closed their legal dispute after mutually withdrawing their appeals. This milestone, announced on August 7, 2025, has generated strong bullish sentiment, with an approximate 2% increase in the price of XRP following the news. The XRP community sees this as a key victory for the cryptocurrency and the crypto ecosystem in general, eliminating significant regulatory uncertainty.
Price movements and technical analysis: XRP faces technical resistance at key levels. According to a recent analysis, the price was rejected at a resistance zone and is currently retesting this level, with bulls struggling to maintain momentum. Traders are watching whether XRP can stay above the key support between $2.10 and $2.15; a drop below $2.10 could lead to further losses, possibly down to $2.00 or even $1.80-$1.70. On the bullish side, breaking through the resistance between $2.30 and $2.34 could open the way to $2.56-$2.62.
Whale activity: Significant whale movements have been recorded, with over 231 million XRP (valued at more than $809 million) transferred in two transactions on July 21, 2025. These movements suggest strategic accumulation or rebalancing, indicating ongoing interest from large investors, although some analysts warn of possible profit-taking that could pressure the price downward.
Long-term bullish outlook: Despite recent volatility, analysts like Digital G and Linda P. Jones consider XRP one of the best opportunities for long-term wealth generation, alongside (XLM) and XDC Network. Optimistic predictions include a target price of $5.85 for September and up to $9.76 by year-end, driven by institutional adoption and XRP's potential in payments.
ETF developments: There is growing enthusiasm for the potential approval of an XRP ETF