This week, XRP experienced significant fluctuations, reaching a new historical high. Interest in the cryptocurrency continues to grow, and analysts are discussing possible future price movements.
Record Highs for XRP
XRP hit a new record of $3.65 before slightly cooling off to around $3.37. Despite this, the overall trend remains bullish, and many market participants are wondering if XRP can break the $4 mark.
Current Price Movement Analysis
An analyst noted that XRP is currently in the midst of a strong bullish wave. The current price action shows consolidation above the previous key high of $3.40, seen as a positive sign. If XRP holds above this level, there’s room to move higher, with next targets being $3.84, $4.33, and even $4.72 in the coming weeks.
Legal Outlook for Ripple
The long-running legal battle between Ripple and the SEC appears to be nearing its end. Ripple dropped its appeal two weeks ago, and the crypto community is waiting for the SEC to do the same. According to former SEC lawyer Marc Fagel, there is no delay in the process. It is simply following its standard internal procedure. A status update is due by August 15.
> At this point, neither party has dropped its appeal. The SEC is following the same internal approval procedure it must follow for every case; there is nothing special about Ripple. Once approved, both parties will file papers to dismiss their appeals; it'll happen soon enough. > — Marc Fagel (@Marc_Fagel) July 18, 2025.
With legal uncertainty fading and strong technical signals in play, XRP’s path to $4 looks possible. If the SEC formally drops its appeal and the broader crypto market holds steady, XRP may push to $4.50 or higher.
