XRP News Today: Ripple Wins SEC Case XRP Surges 4.4% to $2.19

Ripple has officially concluded its legal dispute with the U.S. Securities and Exchange Commission (SEC), confirming that XRP is not considered a security in public exchange sales. This resolution has triggered a 4.4% price surge for XRP, bringing it to $2.19. The legal clarity provided by this settlement has been a significant factor in the market's positive response, with analysts now setting their sights on $3.50 as a potential next target for XRP.

Judge Analisa Torres' ruling in 2023 played a pivotal role in this outcome. She determined that while Ripple’s institutional XRP sales violated securities laws, exchange-based and retail sales did not. This distinction allows XRP to remain tradable on public exchanges without being classified as a security. Ripple CEO Brad Garlinghouse declared that the company is closing this chapter once and for all, emphasizing the legal clarity that has been achieved.

Despite Ripple and the SEC proposing a reduced financial penalty of $50 million and lifting a permanent injunction, the judge rejected these terms. As a result, Ripple will pay a $125 million civil penalty and is permanently barred from engaging in future unregistered institutional XRP sales. This resolution has paved the way for Ripple to refocus on growth, including new partnerships, tokenized finance applications, and potentially an XRP spot ETF, which is reportedly gaining traction among institutional players.

XRP’s current price structure shows bullish continuation signs. The 4-hour chart displays a symmetrical triangle pattern, with price action forming higher lows from the $1.99 level, while resistance at $2.21 remains under pressure. A breakout above this level could confirm a bullish move. Additionally, a golden cross between the 50-EMA and 200-EMA has formed, reinforcing the bullish momentum. The MACD has flipped green, and a marubozu candle at resistance indicates growing buyer interest.

If XRP breaks past $2.21 convincingly, a rally toward $2.50 is likely in the short term, with a move toward the $3.50 zone possible in a broader market uptrend. With the lawsuit finally behind it and bullish momentum building, XRP appears well-positioned for a potential breakout—possibly one of its most significant yet. The market's cautious movement, influenced by the broader crypto market's lack of clear direction, adds complexity to these predictions. However, the recent resolution of Ripple's legal battle with the SEC has provided a boost to XRP's price, instilling confidence in traders who are now eyeing a bullish breakout toward $3.50.