XRP News Today: XRP Surges 10% as Legal Uncertainty Fades and Bullish Pattern Emerges

The price of XRP, the digital asset associated with Ripple, has seen a sharp increase of more than 10% within 24 hours, reaching $3.27. Analysts are now highlighting a bullish flag pattern on the weekly chart, which historically has indicated strong upward momentum. According to crypto analyst Ali Martinez, XRP has recently broken out of a narrowing triangle pattern that had persisted since late 2024, moving above the upper boundary in July. Martinez noted that this breakout could signal a potential parabolic rally to $11 [1].

This technical optimism is occurring alongside a major legal development in the Ripple ecosystem. In July 2025, the U.S. Securities and Exchange Commission (SEC) and Ripple mutually filed to dismiss all appeals in their nearly five-year legal dispute over whether XRP should be classified as a security. This resolution removes a long-standing regulatory uncertainty and is expected to encourage broader institutional and corporate adoption of the asset [1].

Meanwhile, Ripple has been actively expanding its business operations. The firm has taken steps to obtain a national banking license and became the first crypto-native company to acquire a prime brokerage firm. In December 2024, Ripple launched its RLUSD stablecoin and acquired Rail for $200 million, signaling deeper engagement in the stablecoin market. These strategic moves are seen as crucial for Ripple’s long-term growth and institutional credibility [1].

Martinez’s analysis suggests that XRP is still in the early stages of its potential move higher. The bullish flag pattern historically predicts a price target of $11, but it is important to note that this is a technical forecast and not a guaranteed outcome. The price of XRP remains subject to broader market conditions, sentiment, and evolving regulatory environments [1].

With the legal cloud over XRP now lifted and Ripple continuing to strengthen its institutional presence, the token appears to be in a favorable position for further gains. Market participants are closely monitoring whether the price can maintain levels above recent resistance and confirm the continuation of the bullish trend [1].

Source:

[1] XRP Bullish Flag Hints At Monster Run To $11, Says Top Pundit

https://zycrypto.com/xrp-bullish-flag-hints-at-monster-run-to-11-says-top-pundit/