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Bullish Signals for XRP Price: What Happens Next Is Critical

Bullish Signals for XRP Price: What Happens Next Is Critical

CryptoNewsCryptoNews2025/03/24 03:22
By:Arslan Butt
Last updated: March 23, 2025 06:42 EDT
 
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

Ripple just won a big legal battle against the U.S. Securities and Exchange Commission (SEC), and it could change how crypto is treated in the U.S. The SEC had accused Ripple of selling XRP as an illegal security—like selling a stock without permission. After four years in court and $150 million in legal costs, the case is officially closed.

In 2023, a judge had already ruled that XRP isn’t a security when traded on public exchanges. That decision weakened the SEC’s case, and now the charges against Ripple’s executives—Brad Garlinghouse and Stuart Alderoty—have also been dropped.

🚀 #SEC drops its lawsuit against #Ripple , #XRP surges nearly 10%

📢 On the evening of March 19, Ripple CEO Brad Garlinghouse announced that #SEC had officially withdrawn its lawsuit against #Ripple , marking the end of a legal battle that lasted over 4 years.

🔥 This positive… pic.twitter.com/dJhFl7saaI

— ONUS (@ONUSFinance) March 20, 2025
 

After the news, XRP’s price jumped 11%. Ripple is now urging the SEC to stop using lawsuits and start giving clear rules for the crypto industry. Even the SEC seems to be listening—at a recent crypto roundtable, Commissioner Hester Peirce said the agency is working on better policies, with input from the crypto community.

XRP’s Technical Picture Supports Upside Potential

As of today, XRP is trading at $2.40, slightly down 0.35% with a daily trading volume of $1.74 billion. It holds the #4 spot among all cryptocurrencies, with a market cap of $139.4 billion.

$XRP Technical Outlook 🔍

Price: $2.40 | Vol: $1.74B
Holding above key support at $2.37 (50 EMA) inside a symmetrical triangle.
📈 Break above $2.49 = Possible move to $2.59–$2.71
📉 Drop below $2.37 = Risk toward $2.31 or $2.22
Volume low — breakout brewing? 👀 #XRP #Crypto pic.twitter.com/ra3YKvPiO7

— Arslan Ali (@forex_arslan) March 23, 2025
 

On the chart, XRP is moving inside a symmetrical triangle , which shows that buyers and sellers are still undecided. However, the price is holding above a strong support level at $2.37, which also matches the 50-period Exponential Moving Average (EMA)—a technical indicator often used by traders to track trends.

 

If XRP can break above $2.49, it could gain momentum and target the next resistance levels at $2.59 and $2.71. But if it falls below $2.37, it could drop to support zones near $2.31 or even $2.22.

Bullish Signals for XRP Price: What Happens Next Is Critical image 1

Key Levels to Watch:

  • Support: $2.3730, $2.3183, $2.2230
  • Resistance: $2.4925, $2.5921, $2.7192
  • 50 EMA (4H): $2.3730 (acting as support)

Currently, trading volume is low, which means traders are waiting for a strong signal before making big moves.

What’s Next for Ripple and XRP?

Ripple’s legal win is a big moment for the whole crypto market. It shows that companies can challenge regulators—and win. Ripple is now pushing for clearer, fairer crypto laws in the U.S., including tools like safe harbor rules and sandbox testing, which have worked well in other countries.

At the same time, the SEC seems to be stepping back from its lawsuit-heavy approach. Cases against other platforms like Coinbase and Binance have been delayed or dropped. This could mean friendlier regulations are finally on the way.

If XRP breaks above $2.49 and legal clarity continues to improve, it could set the stage for a strong rally in the weeks ahead.

Key Insights:

  • Ripple’s win over the SEC may accelerate crypto-friendly regulation.
  • XRP remains supported near $2.37, reinforced by the 50 EMA.
  • A break above $2.49 could lead to further gains toward $2.71.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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