XRP News Today: XRP Gains Momentum as Legal Clarity and U.S.-China Trade Truce Align

The XRP market is currently at a pivotal juncture, with two significant catalysts aligning to potentially trigger a bullish price movement. The first comes from a broader geopolitical development: a U.S. executive order extending the existing tariff pause on Chinese goods for 90 additional days. This move has been mirrored by China, maintaining tariffs at 30% for U.S. imports and 10% for Chinese imports. The truce reduces the risk of trade-related volatility, historically a negative factor for risk-sensitive assets like cryptocurrencies. Easing trade tensions typically reinforce investor confidence and support a "risk-on" market environment, which could benefit XRP amid its ongoing legal and technical developments [1].

Simultaneously, Ripple has seen a major legal win, removing one of the most critical uncertainties for XRP holders. This development has already begun to reinforce buying pressure in the market and could act as a catalyst for broader investor interest. With legal clarity improving and macroeconomic conditions stabilizing, XRP is now positioned to benefit from both favorable technical indicators and a more constructive market backdrop.

On the daily chart, XRP is consolidating around the $3.14 level, closely aligned with the middle Bollinger Band. The $3.10 level is emerging as a key short-term support zone, while the upper Bollinger Band near $3.34 represents immediate resistance. A breakout above $3.35 on strong volume could signal a move toward the $3.80 to $4.00 region, where historical price reactions and Fibonacci extension levels converge. This area would serve as a critical test of the asset's upward potential [1].

Recent Heikin Ashi candles suggest that bearish momentum has been waning since the late July correction. The lower Bollinger Band at $2.86 provides a buffer for buyers, and a decisive close below this level would indicate a shift in short-term momentum to the bearish side, potentially driving a retest of the $2.50 level. However, the current macroeconomic environment and the recent legal developments make this scenario less probable in the near term [1].

From a price prediction standpoint, if macroeconomic sentiment remains stable and the crypto market experiences renewed inflows, XRP could see a steady climb toward $4.00 in the coming weeks. Clearing that level would open the door to an advance toward $4.50 and eventually $5.00 over the medium term. This trajectory, however, is contingent on strong Bitcoin performance and continued enthusiasm around Ripple’s improved legal standing [1].

On the other hand, if buying momentum falters and XRP fails to break above $3.35, the price could either consolidate or retreat toward the $2.80–$2.90 support zone. A breakdown below this range could trigger accelerated losses, though the current alignment of catalysts reduces the likelihood of a significant downturn in the near term [1].

The outlook for XRP is cautiously optimistic. Ripple’s legal victory has removed a major headwind, and the extension of the U.S.-China trade truce is providing a supportive macroeconomic environment. Technically, the asset is at a pivot point where a breakout above key resistance could set the stage for a larger upside move. As long as the $3.10 support level holds, the path of least resistance appears to be upward, with the potential for XRP to test the $4.00 region before the end of the quarter [1].

Source: [1] Is XRP About to Rally? Two Major Catalysts Just Lined Up (https://cryptoticker.io/en/is-xrp-about-to-rally-two-major-catalysts-just-lined-up/)