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Ripple's Victory Ignites XRP Bull Run: $3 Target in Sight?

Ripple's Legal Victory Sparks Optimism for XRP's Future

Ripple's recent victory over the SEC on March 19, 2025, is a huge turning point after a court battle initiated in December 2020 when the SEC dropped the appeal after a ruling that indicated XRP isn't a security in sales made in secondary markets. This report has been one of encouragement to Ripple CEO Brad Garlinghouse, who expects XRP to be added to a U.S. digital asset reserve and an XRP ETF being introduced before the end of 2025. The news also resulted in increased trading volumes of XRP, which saw the volume surge by 90% within 24 hours, with analysts forecasting price highs of over $3 if market trends continue.

Whale Activity Signals Confidence in XRP's Trajectory

 

Recent whale activity on Ripple's XRP involves a significant transaction of 200 million XRP (equivalent to around $457 million) from Ripple to a mysterious wallet on March 13, 2025, fueling speculations of possible reforms in the market. Aside from that, statistics reflect that XRP whales have appreciated more than 6.5% over the past two months, piling up some 46.4 billion XRP (equal to around $114 billion), reflecting greater confidence from large investors in the future of XRP, particularly with growing regulatory clarity


Technical Outlook: XRPUSD Navigates a Mixed Landscape

XRPUSD  showed a minor pullback after the SEC drops appeal against Ripple. It hit a high of $2.590 and is currently trading around $2.4970. A daily close below $1.60 could signal a further minor bearish trend. XRP remains above both short-term (34 EMA and 55 EMA) and long-term moving averages (200-day EMA) on the 4-hour chart confirming a bullish trend.

Resistance and Support Analysis
The immediate resistance level for XRP is around $2.60, and a breakout above this level will push prices higher to $2.80/$3/$3.40/$4. Any breach above $4 confirms further bullishness, a jump to $5. On the downside, immediate support lies at $1.89 any break below targets  $1.60, $1.27, $1.00, $0.85, and $0.74.

CCI(50)- Bullish

Directional Movement Index - Bullish

Trading Strategy Recommendation

It is good to buy on dips around $2.25 with SL around $1.80 with SL around $4.

 

 

 

 

 

 

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