XRP News Today: Ripple’s Legal Win Paves Path for XRP’s $5 Breakout and ETF Push

XRP has recently drawn attention from analysts and traders due to potential technical patterns and regulatory developments that could influence its price trajectory. The token is currently trading within a bull flag pattern on the daily chart, with key resistance identified at $3. This pattern, a continuation signal in technical analysis, suggests that a breakout could see XRP moving toward a target price of $5, representing a 77% gain from its current levels. Analysts emphasize that a daily candlestick close above $3 would validate the bullish breakout, although overcoming resistance levels such as the 50-day SMA at $3.08 and the multi-year high of $3.66 will remain critical for sustained upward momentum. On the downside, the 100-day and 200-day SMAs at $2.68 and $2.48 are seen as key support zones that need to hold to maintain the pattern’s validity.

The potential for XRP ETF approval has further fueled optimism among market participants. With the U.S. Securities and Exchange Commission (SEC) expected to make decisions on spot XRP ETF applications between October 18 and November 14, the odds of approval have risen to 87% as of mid-September, according to betting markets on Polymarket. This probability has increased by 23% since early August, reflecting growing confidence in regulatory clarity for XRP. Nate Geraci, head of the ETF Store, has suggested that the likelihood of approval is “closer to 100%” as deadlines approach, while Bloomberg’s Eric Balchunas estimated a 95% approval probability. Analysts have noted that approval could unlock institutional capital inflows, potentially amplifying demand and pushing XRP toward $10–$20 in the medium term. If major institutions like BlackRock join the market, some estimates suggest prices could rise to as high as $50.

Ripple’s recent legal victory has played a pivotal role in shaping the regulatory environment for XRP. The outcome of the long-running case against the SEC clarified that XRP is not a security in most secondary market transactions, providing much-needed legal clarity. Ripple’s legal team and external advocates, including the XRP Army, were acknowledged for their contributions in the case, which ended with both parties dropping appeals in August. This resolution has bolstered investor confidence, especially as XRP has shown signs of resilience following the ruling. Institutional whale activity has also been a notable trend, with large holders accumulating over 340 million XRP tokens since July, signaling strategic interest in the asset.

Technically, XRP has formed a symmetrical triangle pattern under the $3.00 level, with a potential breakout target at $3.30. Indicators like the RSI and MACD suggest improving buying pressure and bullish momentum, especially if volume supports the breakout. On the downside, a failure to hold $2.75 could expose the $2.50 level and potentially lead to a correction toward $2.00. Analysts from DeepSeek AI have projected a price range of $3.50 to $5.00 by year-end, while longer-term forecasts extend into the $8–$15 range by 2030. These projections reflect the token’s growing utility in cross-border payments, where Ripple’s strategic partnerships with firms like Thunes are expanding XRP’s global reach.

Despite the positive technical and regulatory outlook, the market remains cautious. XRP has shown volatility in September, with seasonal trends historically affecting its performance. Analysts are closely watching whether the $2.82 support level holds under renewed pressure and whether a clean close above $2.86–$2.88 leads to further gains. Institutional selling, regulatory developments, and macroeconomic factors such as the Federal Reserve’s interest rate policy could influence near-term price movements. However, if XRP breaks through the $3.00 psychological barrier and continues to gain institutional adoption, it could set the stage for broader upside potential in the coming months.

Source: [1] Classic XRP price chart pattern targets $5 as spot ETF reality draws closer (https://cointelegraph.com/news/classic-xrp-price-chart-pattern-5-spot-etf-reality-draws-closer) [2] Ripple XRP Price Forecast: XRP-USD Holds $2.80 as ETF Buzz Drives Momentum (https://www.tradingnews.com/news/ripple-xrp-price-forecast-xrp-usd-stabilizes-at-2-80-usd) [3] XRP Symmetrical Triangle Forms Under $3.00, $3.30 Breakout Level in Focus (https://www.coindesk.com/markets/2025/09/04/xrp-symmetrical-triangle-forms-under-usd3-00-usd3-30-breakout-level-in-focus) [4] Ripple-SEC News: 'XRP Army' Credited with Helping Ripple Tilt Case Against SEC (https://www.coindesk.com/markets/2025/09/04/xrp-army-credited-with-helping-ripple-tilt-case-against-sec) [5] XRP Could Surge Past $3 as US Regulatory Easing Fuels Cross-Border Momentum (https://bravenewcoin.com/insights/xrp-price-prediction-xrp-could-surge-past-3-as-us-regulatory-easing-fuels-cross-border-momentum)