XRP shows signs of strengthening, forming a consistent upward trend. Analysis indicates similarities with previous stages that preceded sharp growth.
Current Trends Analysis of XRP
Analysis conducted by EGRAG CRYPTO indicates that XRP has established a steady structure, demonstrating consecutive higher lows on the chart. This suggests potential bullish pressure. Analysts note that the current structure could lead XRP into what is termed the 'Full Ignition Stage.'
Ripple's Management and Its Case with the SEC
Ripple's long legal battle with the SEC is ongoing. While the court ruled in Ripple's favor in 2023, the SEC filed an appeal. In March 2025, Ripple CEO Brad Garlinghouse announced that the SEC would drop the appeal, describing it as a 'long overdue surrender.' This event led to a 14% jump in XRP.
XRP Market: What Comes Next?
As of now, XRP is priced at $2.18, down 0.59% over the past 24 hours. Investors are awaiting official closure and clearer regulatory guidance, which may impact the future price dynamics.
XRP continues to strengthen its market position, despite uncertainties associated with ongoing legal processes. In anticipation of final decisions and confirmations, analysts predict potential for further growth.