The post XRP Gearing Up for a Big Pump? appeared on BitcoinEthereumNews.com.

The conclusion of the SEC vs. Ripple case is monumental not just legally, but for XRP’s market trajectory. With both parties officially withdrawing appeals, legal uncertainty has finally been lifted after four years of stagnation.  This brings clarity to XRP’s regulatory status, removing a long-standing shadow that restrained institutional participation and broader market confidence. The market response has been cautiously optimistic so far, but this development sets the stage for a strong bullish narrative. If XRP reclaims and breaks above the $2.52 resistance with volume, the news could catalyze a sustained rally targeting the $3.30 range—and possibly higher in Q2 2025 as capital rotates into previously suppressed assets. What Does the Current Price Structure Say? XRP/USD Daily Chart- TradingView XRP is currently priced at $2.4570 on the daily timeframe, based on Heikin Ashi candles, which help smooth out noise for clearer trend identification. Over the past few weeks, XRP has traded within a narrow band between $2.34 and $2.52. This price range represents a consolidation phase, following a strong rally that peaked above $3.00 earlier this year. The sideways movement is not showing signs of exhaustion; rather, it reflects a buildup of pressure as buyers and sellers battle for control. This pattern resembles a symmetrical triangle or tightening wedge, which often precedes a breakout. Since the consolidation is happening above key moving averages, the probability leans bullish. The market structure has held its higher low from February, indicating that bulls are quietly accumulating. >>Click Here to Buy XRP on Bitget<< XRP Price Prediction: Are Moving Averages Signaling Strength or Weakness? XRP is currently interacting with its short- and mid-term moving averages. The 20-day SMA ($2.3415) and 50-day SMA ($2.4253) are starting to converge, suggesting a potential bullish crossover if price continues to rise. The XRP price is hovering above both,…

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Filed under: News - @ March 26, 2025 8:31 am