Market Cap: $2.6666T 0.350%
Volume(24h): $63.8399B -21.110%
  • Market Cap: $2.6666T 0.350%
  • Volume(24h): $63.8399B -21.110%
  • Fear & Greed Index:
  • Market Cap: $2.6666T 0.350%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$83957.564405 USD

0.11%

ethereum
ethereum

$1585.920614 USD

-0.82%

tether
tether

$0.999948 USD

0.01%

xrp
xrp

$2.072262 USD

-0.73%

bnb
bnb

$582.425941 USD

-0.18%

solana
solana

$130.764273 USD

2.87%

usd-coin
usd-coin

$0.999932 USD

-0.01%

tron
tron

$0.244935 USD

-3.03%

dogecoin
dogecoin

$0.155322 USD

-0.28%

cardano
cardano

$0.613597 USD

-0.35%

unus-sed-leo
unus-sed-leo

$9.435609 USD

0.74%

chainlink
chainlink

$12.391354 USD

0.22%

avalanche
avalanche

$18.974844 USD

-0.16%

toncoin
toncoin

$2.921269 USD

0.65%

stellar
stellar

$0.235516 USD

-0.75%

Cryptocurrency News Articles

XRP Price Action: Breaking Key Levels

Mar 26, 2025 at 07:00 pm

Ripple Labs is finally over with the chapter of legal battle with the U.S. Securities and Exchange Commission (SEC) by settling off with the remaining appeals.

XRP Price Action: Breaking Key Levels

The U.S. Securities and Exchange Commission (SEC) has finally closed the chapter on its lawsuit against Ripple Labs.

What Happened: The agency settled the remaining appeals in the case, allowing Ripple to recover $75 million. This funds couldn’t be drawn due to the lawsuit.

The XRP SEC settlement has given Ripple and the crypto industry a clear picture of how digital assets will be regulated in the U.S., and as the legal barriers are lifted, Ripple can completely focus on expanding its global payments network and growing its role in digital finance without any legal issues getting in the way.

XRP Price Action: Breaking Key Levels

Breaking a key level of resistance, XRP price analysis shows that the crypto is trading at $2.45, registering a 7.96% surge in the past 24 hours.

The cryptocurrency's price is now up by 20.54% over the past week, demonstrating strong bullish momentum. Despite the strong move, trading volume dropped by 14.9%. Many investors see this as the start of a new growth phase for Ripple and its ecosystem, as the company can now focus on expanding without legal roadblocks.

With regulatory uncertainty finally cleared, XRP's future looks brighter than ever.

Zoom Out: XRP continues to hold a strong position in the market, currently ranked no. 4. The asset is changing hands at $2.45, with a 24-hour trading volume of $2.68 billion.

Its total market has surged to $142.35 billion, and the asset’s supply stands at 58.16 billion XRP, which ensures ample liquidity for trading and will maintain its status as one of the most widely used digital assets in the whole industry.

Technical Outlook: Bullish Trend Holds

50 EMA: $2.41 – XRP remains above this key average, depicting that bullish momentum is intact.

RSI (14): 54.86 – Slightly bullish, indicating that there might be a possibility for further upward movement.

Pivot Support: $2.41 – Holding above this level is critical for sustaining the uptrend.

Immediate Support: $2.41 – Holding above this level keeps the bullish trend.

Stronger Support: $2.32 and $2.22 – A drop below $2.41 could lead to a retest of these lower levels.

Chart 1- Published by Trading View, on March 26, 2025

If XRP breaks above $2.50, it could easily climb toward $2.59 and possibly test $2.71 in the future. However, failure to hold above $2.41 might result in a pullback toward lower supports.

With new investor confidence and regulatory clarity, XRP's price surge has the potential to extend further, especially if the buying pressure continues. All eyes are now looking at bulls to see if they could push past key resistance levels and take XRP to new levels.

Final Thoughts: Is XRP Set for a Bigger Rally?

With the XRP SEC settlement, Ripple can now move forward without any legal uncertainty. This win not only strengthens Ripple’s position but also influences how regulators can approach other cryptocurrencies.

Many in the industry hope this signals a shift toward fairer, clearer regulations that support crypto innovation. As Ripple looks ahead, the big question remains: Will this newly found clarity drive further XRP adoption, or is there still more regulatory uncertainty to be encountered? For now, it’s a clear win for Ripple, XRP, and the entire crypto industry.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Apr 18, 2025