Categories: Ripple

Price Prediction and Key Market Trends


  • XRP gains momentum following SEC lawsuit resolution, with potential breakout targets between $2.60 and $4.35 driven by legal clarity and renewed investor confidence.

  • Ripple’s upcoming utility upgrade and market positioning as the third-largest crypto reinforce XRP’s bullish trajectory heading into June 2025.


As May 2025 unfolds, the fourth-biggest cryptocurrency, XRP, is navigating a pivotal phase, with its price hovering around $2.16. This period is marked by significant developments, particularly the resolution of Ripple’s prolonged legal battle with the U.S. Securities and Exchange Commission (SEC).

Following the last January Crypto News Flash (CNF) 2025 XRP Price Outlook, the post offered insight with the possibility of XRP maintaining its bullish trajectory. Currently, XRP is trading within a narrow range, facing resistance around $2.25. Technical analyses suggest that a breakout above this level could propel the price towards $2.60–$2.80 in the near term.

Ripple-SEC Lawsuit Resolution: A Turning Point

According to recent reports, after years of litigation, the SEC has officially dropped its appeal against Ripple, culminating in a $125 million settlement.

This outcome is widely regarded as a substantial victory for Ripple and the broader cryptocurrency industry, providing much-needed regulatory clarity. As shared in a personal X account, Vincent Van Code highlighted:

I would anticipate SEC will issue a Sunshine Act notice one week prior to the meeting where they will officially vote to drop the appeal and lift injunction. This must happen well before June 9 to allow SEC to finalise their court filings.

The conclusion of this case has bolstered investor confidence, as evidenced by XRP’s ascent to the third-largest cryptocurrency by market capitalization.

Market Dynamics and Price Trajectory

Perhaps, as CNF highlighted, in the meantime, XRP was also set for a major utility upgrade. Brad Garlinghouse, CEO of Ripple, coined that XRP commits as the financial system facility as shared in a recent tweet.

As of now, XRP is trading at $2.16 USD, reflecting a 1.72% drop over the past day. Some anticipate a 20% rally followed by a consolidation phase, while others envision a more substantial surge, potentially reaching $4.35 by June, contingent on market momentum and investor sentiment. See XRP price chart below.



Source link

Leah Fraser

Share
Published by
Leah Fraser

Recent Posts

The 44 Best Movies on Netflix Right Now (May 2025)

Netflix has plenty of movies to watch. Maybe too many. Sometimes finding the right film…

1 minute ago

NFT sales jump 17%, Newcomer collection boasts 470% spike

Despite the slight pullback in the crypto market, the NFT sector continues to pump, with…

54 minutes ago

Epic Games asks judge to force Apple to approve Fortnite

Epic Games is escalating its efforts to pressure Apple to allow its game Fortnite into…

1 hour ago

AUSTRAC Fines Crypto Exchange Cointree for Reporting Failures

The Australian Transaction Reports and Analysis Centre has issued infringement notices totaling $75,120 to cryptocurrency…

1 hour ago

CME Group set to launch XRP futures on Monday amid legal setback for SEC and Ripple

Key Takeaways CME Group will offer XRP futures starting May 19, pending regulatory review. SEC…

2 hours ago

How to unblock Pornhub for free in South Carolina

TL;DR: Unblock Pornhub from South Carolina with a VPN. The best service for unblocking porn…

2 hours ago