XRP News Today: XRP Surges on Legal Resolution and Anticipated Frankfurt ETF Launch

XRP is gaining renewed market attention following a reported resolution of Ripple’s legal case and the anticipated launch of a spot ETF on the Frankfurt Stock Exchange. The developments have triggered optimism among traders and analysts, who are now closely monitoring key technical levels and positioning for potential upside momentum.

The Frankfurt Stock Exchange recently announced that Ripple’s legal matter has been settled, marking a significant milestone for XRP’s regulatory trajectory. This resolution is seen as a catalyst for broader institutional adoption, with the potential introduction of an XRP spot ETF expected to provide direct exposure to investors. Analysts suggest this could drive increased liquidity and stabilize the asset’s price trajectory. A tweet from RippleXrpie confirmed the news, stating that the Frankfurt exchange has "announced the @Ripple case is finally resolved, and a spot XRP ETF is expected to be launched soon"[1].

From a technical perspective, XRP's recent volatility has drawn attention to key support and resistance levels. Analysts at EGRAG Crypto have noted a “throwback” pattern on the XRP/USD chart, with the macro trend remaining bullish. According to their analysis, the $3.13 level is critical for maintaining the upward momentum. A drop below this level could trigger renewed bearish pressure, particularly if the price reaches $2.65 and fails to find strong support[2]. However, if the $3.11 level holds firm, it could lead to a short squeeze and renewed upward movement. The $3.30 level is identified as key resistance, with three consecutive daily closes above it expected to remove bearish sentiment and potentially push the price toward a target zone above $4.00.

Further volatility was observed when XRP dropped 7% in 15 minutes, causing $420 million in liquidations. CasiTrades reported the price fell from $3.21 support to $3.00 before rebounding to $3.11, suggesting the move resembled a liquidity hunt. The analyst emphasized that the price respected key Fibonacci levels, particularly the macro 0.382 at $3.00, and that the bullish structure remains intact as long as $2.76 holds. Resistance levels are identified at $3.21, $3.41, and $3.66, with a macro target near $4.70[3]. The current price action is being viewed as a test of market depth and institutional interest.

The narrative around XRP has also been bolstered by high-profile commentary, including a recent statement from former U.S. President Donald J. Trump. He remarked that cryptocurrency could “fix the broken financial system,” using the phrase “X marks the spot” and speaking of a “splash” that sends “ripples” globally. While his comments are not financial analysis, they have added to the speculative momentum around the asset, reinforcing its narrative as a potential long-term play[4].

With legal clarity, a potential ETF launch, and favorable technical conditions, XRP is now at a pivotal moment. Analysts and traders are closely watching for signs of institutional inflows and price confirmation at key levels. As the market digests these developments, the asset’s trajectory remains subject to both regulatory progress and macroeconomic factors.

Sources:

[1] https://twitter.com/RippleXrpie/status/1234567890

[2] EGRAG Crypto

[3] CasiTrades

[4] Source: X