XRP News Today: XRP Poised for Breakout as DXY Weakens, Regulatory Clarity Boosts Sentiment

XRP, the cryptocurrency associated with Ripple, has exhibited signs of a potential breakout as the U.S. Dollar Index (DXY) continues to weaken. Historical data shows that XRP price spikes in 2018, 2021, and 2024 directly followed steep drops in the DXY, indicating a strong historical pattern. In early 2018, mid-2021, and late 2024, XRP experienced significant bull runs coinciding with substantial declines in the DXY. For instance, in mid-2021, when the DXY dropped to 89, XRP reached $1.96. Similarly, a slump in the fall of 2024 led to a 600 percent increase, pushing XRP to $3.40 in January 2025.

Currently, the DXY is showing signs of decline once again, with analysts suggesting that a continued slide toward the 88 level could act as a catalyst for XRP’s price growth. This technical outlook aligns with the broader bullish sentiment around the asset, as the crypto market anticipates another significant move. Additional crypto analysts have forecasted a possible surge in XRP’s price to $6, while others have identified Fibonacci retracement levels suggesting further upside potential. These signals are gaining traction amid XRP’s recent technical movements and market positioning.

Recent developments in the U.S. regulatory space have further bolstered the optimistic outlook for XRP. The U.S. House moved the GENIUS Act forward, providing a clearer framework for stablecoins. Following this announcement, XRP temporarily spiked above $3 as investors speculated on the implications for Ripple’s RLUSD stablecoin. Legal uncertainty surrounding Ripple has also been diminishing, as the company has fulfilled its financial obligations in the ongoing SEC lawsuit. A former SEC attorney confirmed that Ripple has paid its $125 million penalty, with final proceedings now awaiting the appeal dismissal. This development has removed a key concern for investors.

Momentum is also building behind the potential approval of an XRP-based exchange-traded fund. SEC Commissioner Hester Peirce recently stated that current delays should not be viewed as rejections, providing further hope to XRP supporters. The combination of regulatory clarity, reduced legal uncertainty, and technical indicators suggests that XRP is poised for a significant breakout. The weakening of the DXY, coupled with the Fed's stance on interest rates, has created a favorable environment for cryptocurrencies like XRP, further supporting the bullish outlook.