XRP News Today: XRP Surges 6.5% as Legal Clarity and Technical Strength Push Price Above $3.00

XRP has demonstrated resilience and technical strength as it continues to trade above key support levels, positioning the asset for a potential breakout. The price has maintained a firm hold above $2.90, with recent activity reinforcing a bullish structure. Analysts have identified the $3.00 level as a critical psychological and technical threshold, with consistent closings above this mark signaling increasing buyer strength [2]. A confirmation close above $3.00 could signal renewed bullish momentum and set the stage for testing resistance at $3.185, followed by $3.25 [1].

Technical indicators such as the RSI have retreated to 53.7, indicating a bullish reset and aligning with broader chart patterns that suggest accumulation is underway [1]. The 4-hour chart shows XRP oscillating between support near $0.47 and resistance near $0.74, with upward pressure becoming more evident as the asset consolidates within a defined range [1]. The ability to maintain a position above $0.52 and $0.58 provides further evidence of short-term strength, with the $0.47 level acting as a crucial “Do Not Lose” zone [1].

Candlestick analysis reveals that sellers are present but not dominant, with wicks forming mostly on the upside. This suggests that buyers remain in control, particularly as full candle bodies stay above $3.00. The structure supports higher near-term targets, including $3.185 and $3.25, while a successful push above $3.33 and $3.45 could set the stage for new highs [1].

Legal developments have also contributed to the growing optimism around XRP. A recent ruling in the Ripple vs. SEC case determined that XRP sold to retail buyers does not constitute a security—viewed as a partial win for the company [2]. This outcome has boosted market sentiment, with speculation increasing around the possibility of a favorable settlement. If the case concludes in Ripple’s favor, it could lead to enhanced institutional adoption, broader XRP Ledger integration, and renewed interest in potential ETF developments [2].

In addition, Ripple has been actively expanding its ecosystem, with a focus on cross-border payment solutions and potential partnerships with central banks. The company’s CTO, David Schwartz, has hinted at upcoming upgrades that could improve scalability and smart contract functionality—offering long-term bullish catalysts [2]. Analysts suggest that a breakout past the $3 barrier, especially with supporting volume, could carry XRP back toward its previous swing high of $3.66 and eventually toward $4.64 in the coming weeks [2].

Short-term price projections emphasize the significance of a breakout above $3.00, with mid-term forecasts for 2025 suggesting a price range of $5–$9, subject to regulatory clarity and broader market expansion. Long-term projections for 2030 estimate potential values between $15–$20, assuming widespread adoption and successful CBDC partnerships [2].

Despite the positive technical and legal developments, traders remain cautious due to ongoing volatility in the broader cryptocurrency market. However, XRP’s recent 6.5% surge in the last 24 hours has pushed it above $3, reinforcing its technical strength and aligning with optimism around the Ripple legal case [5]. The falling wedge pattern observed above the 50-day EMA further supports the potential for a 27% rally should the price break above $3.80 [3].

With XRP currently trading near $3.07, the path of least resistance appears to be upward, provided the price remains above key support levels. A sustained move above $3 could mark a decisive turning point for XRP, shaping its trajectory through the remainder of 2025 and beyond.

Sources:

[1] https://coinmarketcap.com/community/articles/6891cde1209b7b6a4565b3bd/

[2] https://bravenewcoin.com/insights/xrp-price-prediction-xrp-holds-2-80-support-what-would-a-3-breakout-signal-now

[3] https://www.xt.com/en/blog/post/xrp-price-on-edge-as-bitcoin-nears-decision-point-could-this-token-benefit-from-a-btc-dip

[4] https://www.bitrue.com/blog/xrp-mvrv-death-cross-warning

[5] https://bravenewcoin.com/insights/xrp-price-today-xrp-joins-bullish-trend-after-breaking-3-with-6-5-surge