- XRP price gains momentum amid Ripple’s legal progress and bullish market sentiment.
- XRP price targets range from $15 to $44, signaling diverse bullish market outlooks.
- SEC’s silence on appeal withdrawal fuels speculation ahead of Ripple’s legal resolution.
XRP continues to gain traction in the crypto market as investor confidence grows, fueled by Ripple’s ongoing legal triumphs. As of press time, it trades at $2.44. Over the past week, the token has risen 6.83%, despite a slight dip of 1.28% in the last 24 hours. Market momentum and bullish predictions suggest a potential rally, with price targets reaching as high as $44.
Price Targets and Market Sentiment
Crypto analyst EGRAG CRYPTO recently outlined four XRP price targets. The conservative estimate stands at $15, with a standard projection at $22. An extended target of $44 shows a more ambitious outlook.
Additionally, a personal target of $27 was also shared. These numbers suggest various possibilities based on market behavior, investor psychology, and regulatory clarity. XRP currently has a market cap of over $141 billion, with a circulating supply of 58 billion tokens.
#XRP – Extended Target of $44:
— EGRAG CRYPTO (@egragcrypto) March 25, 2025
Investing and Trading in crypto is a Multi-Dimensional Game. GET USED TO IT.
Choose your targets Wisely:
🔹Conservative Target: $15
🔹Normal Measurement: $22
🔹Extended Measurement: $44
🔹Personal Target: $27
Take Profits: It’s wise to… pic.twitter.com/aHBB3kWeie
Technical Indicators Hint at Strength
Momentum indicators point to a potential uptrend forming. The Relative Strength Index (RSI) is currently at 51.80, sitting in a neutral zone. This implies that XRP isn’t overbought or oversold.
Meanwhile, the Moving Average Convergence Divergence (MACD) is showing early signs of a bullish crossover. The histogram has turned green, suggesting growing momentum. If this trend continues, XRP could see stronger upward movement in the near term.
SEC Silence Raises Questions
Despite Garlinghouse’s video confirming the SEC will drop its appeal, no formal announcement has been made by the agency. This has fueled speculation about internal delays or ongoing negotiations. The SEC is known for its methodical approval processes. It may be waiting for its next closed meeting, scheduled for March 27, 2025, to finalize the decision.
Legal Dust Yet to Settle
Although the primary lawsuit appears to be ending, Ripple is still working to reverse penalties related to institutional XRP sales. These include a $125 million fine and a permanent injunction, imposed earlier by Judge Analisa Torres. Ripple’s legal team is negotiating for relief, possibly causing the delay in a public SEC statement.
