XRP Surges 40% to $2.25 After Ripple-SEC Settlement

Following the suspension of the multi-year litigation between Ripple and the SEC, the XRP price has shown significant strength, rebounding to $2.25. This settlement has lifted a substantial burden from the XRP network, boosting investor confidence and sparking discussions about a potential renewal of institutional interest. Despite the general cryptocurrency market remaining cautious, XRP's momentum is driven by legal clarity and Ripple's expanding payment network. The question now is whether XRP has hit its bottom or if this rebound is merely a temporary respite rally. Traders are closely monitoring the situation to determine the true direction of the market.

The settlement between Ripple and the SEC represents a pivotal moment in one of the longest-running legal battles in the crypto industry. The agreement not only halts the ongoing appeals but also suggests a potential resolution in the near future. For XRP token holders, this development removes a significant layer of uncertainty that has loomed over the asset for years. With the SEC now required to provide status updates rather than aggressively pushing forward, Ripple has more room to expand without legal distractions. This shift is more than symbolic; it opens the door for deeper integration of XRP into Ripple’s growing cross-border payment infrastructure, a use case that distinguishes XRP from many other altcoins. Institutional players, who were previously hesitant due to legal risks, are expected to revisit XRP with renewed interest. The market has already begun to respond, with confidence returning and liquidity building. As more players re-enter the space, the XRP network could transition from a speculative asset to a key fintech utility token. However, whether it can maintain this ground remains to be seen.

XRP's price is showing signs of consolidation after a strong recovery from its recent lows near $1.60. The price has established a clear support zone around $2.05, with resistance at $2.25 capping the upside. On the hourly chart, multiple support levels indicate buyer interest at dips, while sellers are defending the upper zones. The RSI is currently neutral at 47.31, suggesting a lack of strong momentum in either direction. Previously, the RSI highlighted overbought zones around April 11–12 and oversold zones around April 7 and 15, which aligned with tops and bottoms. The MACD is slightly bearish with a recent death cross, though momentum appears to be flattening, hinting at potential sideways price action or a base-forming phase. If bulls defend the $2.05 support and push above $2.25, XRP could see a fresh leg up. However, failure to hold support may bring a retest of the $1.95 or $1.75 levels. Overall, XRP is in a holding pattern awaiting a breakout catalyst.

The Ripple-SEC settlement has significantly altered the landscape for the XRP token, but the real test lies ahead. With legal uncertainty fading, the path is open for new use cases and renewed institutional interest. However, price action suggests the market isn't ready to run just yet. The XRP token needs a breakout or a clear catalyst to shift from relief rallies to real momentum. Until then, the token sits at a crossroads, supported by optimism but still waiting for conviction.