Ripple’s XRP is making waves again this week. During mid-week trading, the altcoin rose nearly 1% on the day and over 2% across the past week, climbing to $2.09.
While the broader crypto market is gaining traction—with a 1% uptick pushing the global market cap to $2.69 trillion—XRP is once again outperforming thanks to renewed legal clarity and a surge in institutional buzz.
SEC Deal Clears the Air—And Clears the Path; XRP Supported?
Much of this renewed confidence comes from Ripple’s long-awaited settlement with the SEC. After a four-year legal tug-of-war, Ripple agreed to a $50 million penalty—down significantly from the originally proposed $125 million. That move lifted a massive cloud that had been hanging over Ripple for years.
But that’s not all. Ripple also gets to reclaim $75 million that had been locked in escrow, signaling a fresh start and putting more strategic capital back into Ripple’s ecosystem.
“This was a turning point,” said Ripple CEO Brad Garlinghouse, adding that the deal will likely unlock new waves of institutional interest.
Adding to the excitement, political tailwinds have kicked in. The Trump administration’s pro-crypto stance—coupled with Ripple’s growing connections in Washington—has strengthened XRP’s legitimacy.
There’s even chatter about Ripple being considered for the U.S. government’s crypto reserve. That kind of speculation is fueling investor optimism in a big way.
On-chain activity tells the story too:
Active XRP addresses surged from 16,000 to over 100,000 following the legal resolution and political support. Ripple has now reclaimed its spot as the second-largest altcoin by market cap, valued at a hefty $125.8 billion.
XRP’s ETF Momentum and Institutional Demand Grow
The buzz doesn’t stop at politics or lawsuits. ETF speculation is adding fuel to the fire. Multiple XRP ETF proposals are under SEC review, and analysts are increasingly confident that 2025 might be the year one gets approved.
Adding more credibility, HashKey Capital—with Ripple as an anchor investor—recently launched Asia’s first XRP tracker fund. That move is seen as a major milestone in XRP’s journey toward institutional legitimacy.
Technical Setup: XRP Poised for a Breakout?
XRP’s price action is hinting at something big. The charts show a descending triangle formation—a setup that often precedes a bullish breakout.
XRP Price Chart – Source: TradingviewCurrently trading at $2.09, XRP is flirting with a key resistance zone between $2.20 and $2.23, where both the 50-day and 100-day EMAs are clustered.
A breakout above this range could open the door to $2.50, and possibly even a retest of $3 to $4.50 over time.
MACD: Flipping bullish, histogram turning green RSI: Neutral at 51—leaving plenty of room for upside Whale Activity: Still strong, signaling smart money accumulation Funding Rates: Positive on Binance, a bullish signBottom line: If XRP can flip $2.20 into support, this rally could have legs.
XRP Trade Setup
For new traders looking to join the action, here’s a simple, risk-managed plan:
Entry: Buy above $2.10 with strong volume Target: First target at $2.21, extended to $2.33 Stop Loss: Below $2.05 support zoneTip: Watch for a solid candle close above $2.10. Volume confirmation matters. Without it, the move could fizzle out.
If XRP holds above $2.05 and bulls step in with conviction, a push through resistance is very possible. But if that level fails, the setup weakens—so stay nimble.
Final Thoughts
Between the SEC settlement, rising institutional interest, ETF momentum, and an improving technical picture, XRP is one of the most talked-about altcoins right now—and for good reason. If bulls can hold support and flip key resistance levels, XRP might just be gearing up for its next major move.
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