XRP Surges 2.3% to $2.44, Eyes $2.50 Resistance Amid SEC Case

XRP has recently surpassed a critical level, trading above the volume-wise median level of $2.3951. This development is significant as it indicates a potential upward trend for the cryptocurrency. Analysts are closely monitoring this movement, as it could signal the next target for XRP's price trajectory. The current bullish sentiment is driven by the anticipation of regulatory clarity, particularly in relation to Ripple's ongoing legal battle with the Securities and Exchange Commission (SEC). This legal resolution is seen as a pivotal moment that could significantly impact XRP's market performance.

According to crypto analyst Dark Defender, the digital asset has been “silent and strolling” around this level, indicating a period of consolidation. The immediate support for the digital asset lies at $2.22, which aligns with the bottom of the channel. If the XRP price moves downward, it may test this level before attempting to resume an upward trend. If it can hold this support, the next logical target is set at $2.50, a key resistance level that traders are eyeing. If it fails to hold this level, the ultimate support is at $1.8815.

XRP is currently trading at $2.44, after a slight increase over 24 hours. At the time of the analysis, it traded below this level, but the recent climb has renewed the hopes of many investors. The asset’s ability to maintain its position above $2.3951 will be crucial in determining whether XRP can sustain an upward trajectory or if further downside movement is expected.

Dark Defender emphasized that this week is a decisive period for XRP, as the market will determine whether to stay above or below crucial levels. The outcome will likely shape the short-term price direction, with potential volatility in either direction. If XRP successfully maintains support, bullish momentum could drive the price toward higher levels in the coming weeks. The asset is already forming positive technical indicators, and if this momentum holds, we could see more significant growth in the short term.

From a broader technical perspective, the analyst also noted that XRP is currently in the fourth wave of its monthly cycle. This phase is expected to conclude with the beginning of wave five, which could lead to a significant upward movement. If this wave structure plays out as anticipated, XRP may see higher targets beyond $2.50, potentially reaching new resistance zones soon. A recent analysis by another expert suggests that an Elliott Wave pattern could send the asset to triple-digit levels, showcasing the immense potential.

The price of XRP is currently testing the $2.50 resistance level, a crucial point that, if breached, could further bolster bullish momentum. Analysts predict that if XRP successfully breaks above this level, it could surge to higher targets, potentially reaching $3. This optimistic outlook is supported by the growing institutional adoption of Ripple's solutions for cross-border payments and financial infrastructure. Experts have discussed how XRP could surge from $100 to the four-digit range, driven by these factors.

The short-term price targets for XRP are also being closely watched. For instance, in April 2025, XRP is expected to trade between $2.47 and $2.58, with optimism around the SEC case resolution contributing to stable, positive market sentiment. By May 2025, bullish momentum is projected to strengthen, with XRP prices ranging from $2.55 to $2.73. This trend is expected to continue, with significant growth anticipated in July 2025, where prices could range from $2.60 to $2.85. The long-term outlook for XRP is equally promising, with prices potentially reaching as high as $6.80 by 2029 and $7.80 by 2030. These projections are based on sustained investor confidence and market stability, as well as the resolution of the SEC case.

However, it is important to note that these predictions are subject to various factors, including investor sentiment, market conditions, and the regulatory environment. The final rulings from the SEC and global regulatory acceptance will play a critical role in XRP's long-term trajectory. Additionally, the overall health of the cryptocurrency market significantly impacts XRP’s price stability. Despite these challenges, the current bullish sentiment and the potential for regulatory clarity suggest a positive outlook for XRP in the coming years.