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Cryptocurrency News Articles
XRP is gaining momentum among bulls as the U.S. Securities and Exchange Commission (SEC) dropped its long-standing lawsuit
Mar 24, 2025 at 01:03 pm
The resolution has sparked optimism among XRP watchers, with analysts eyeing a potential climb to $10 by 2030, driven by regulatory clarity
XRP price predictions have hit $10 by 2030, becoming a hot topic as the U.S. Securities and Exchange Commission (SEC) dropped its lawsuit against Ripple Labs last week.
The scheduling of the case for "administrative closure" has fundamentally altered the token's trajectory, paving the way for optimism to pour into the market.
Analysts are now eyeing a potential rally to the $10 level by the end of the decade, driven by regulatory clarity, the integration of Ripple's RLUSD stablecoin, and the possibility of a Ripple Labs initial public offering (IPO).
"A breakout from the current trading range of $2.35 to $2.55 could lead to extensive moves in either direction," Bitget's Ryan Lee noted.
> "Short-term price targets range from $2.00-$2.17 on the downside to $2.65-$3.00 on the upside. Long-term forecasts suggest $4.20-$10+ by 2030 if Ripple capitalizes on payment adoption, though $2.50 remains a pivotal level to observe for the next breakout or breakdown."
He attributed the medium-term range of $1.50-$5.89 to the SEC's withdrawal and potential XRP ETF approvals, while technical indicators suggest consolidation.
Specifically, the relative strength index (RSI) is at 50, while the moving average convergence divergence (MACD) is indicating bearish pressure.
"Relative lesser volatility in XRP's price-action is a further sign of sentiment leaning bullish," LVRG Research director Nick Ruck added.
"XRP has fared well under the past months' crypto selloff and has room to potentially continue upward, though momentum can be lost if U.S. macroeconomic factors and tariffs disrupt the industry."
The forecasts come as IPO chatter is heating up, which Garlinghouse mentioned was "possible" in a Wednesday interview last week, providing further cues for bullish positioning.
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