BREAKING: Ripple, SEC Drop Appeals !
XRP Price Breakout ?
The years-long legal standoff between Ripple and the U.S. SEC is finally over.
Ripple CEO Brad Garlinghouse has confirmed that both parties have agreed to drop all remaining appeals, marking a definitive end to the legal saga that has loomed over XRP for nearly three years.
Garlinghouse’s recent announcement on X stated:
XRP Price Surges
According to Coinpedia Markets, XRP defied the broader market slump, rising 4.21% to $2.19 as renewed investor confidence following the legal resolution pushed its market cap to $123.04 billion, with a 24-hour trading range of $2.07 to $2.19 and increasing market dominance.
Can XRP Hit $5? Explore Ripple XRP Price Prediction 2030 !
Onchain Action: Whales on the Move
Just days before the announcement, major whale activity was spotted.
On June 18, Ripple moved 200 million XRP (~$439M) to an unknown wallet—likely for institutional or strategic allocation. This move aligns with growing confidence and restructuring efforts post-lawsuit.
Analysts Predict Massive XRP Price Surge Ahead
Market analysts remain optimistic about XRP’s near-term and long-term potential.
According to StanleyCrypto, XRP is currently pushing toward a key descending trendline, and a breakout above it could spark a 20% rally to $2.53.
Technical indicators are flashing bullish signals, with the MACD showing early signs of upward momentum. As momentum builds, breakout anticipation grows stronger.
Looking ahead, experts forecast a potential surge to $3.58, with some even projecting ambitious highs of $15, should XRP maintain its bullish trajectory.
Any Feedback?
Get in touch with us here
Connect with us
