Monday, August 4, 2025
Daily Crypto Post
  • Home
  • News
    • Altcoins News
    • Cryptocurrency News
  • Market
    • Price Analysis
  • About
  • Contact
No Result
View All Result
  • Home
  • News
    • Altcoins News
    • Cryptocurrency News
  • Market
    • Price Analysis
  • About
  • Contact
No Result
View All Result
Daily Crypto Post
No Result
View All Result

XRP Technical Breakout Targets $4, but SEC Case Holds the Key

Veronicah Peninah by Veronicah Peninah
January 16, 2025
in Market News, Price Analysis
Reading Time: 3 mins read
XRP Technical Breakout Targets $4, but SEC Case Holds the Key
Share on FacebookShare on TwitterShare on RedditShare on Telegram
  • XRP’s symmetrical triangle breakout suggests a potential 60% surge, provided legal clarity is achieved.
  • Technical indicators, including RSI at 58.05 and bullish moving averages, signal possible upward momentum for XRP.
  • A failed breakout could see XRP testing the $2.00 support level, creating caution among traders.

XRP has entered a critical phase of a symmetrical triangle pattern breakout; however, uncertainty has been prevailing due to the ongoing lawsuit by the SEC against Ripple Labs. Market experts are pinning their attention on the possibility of an increase in the XRP price by 60%, provided the legal issues are resolved and based on the performance of the market in general.When observed in the 12-hour chart, a symmetrical triangle pattern which precedes a breakout can be observed in XRP.

🚨BREAKING:#XRP in line for a 60% break out amid clarification on SEC case and trumps inauguration. pic.twitter.com/EKnk2CU99n

— TheXRPguy (@TheXRP_guy) January 13, 2025

Current Market Overview and Technical Analysis

As of this writing, XRP is trading at $2.53, reflecting a modest 1.0% daily gain. With a 24-hour range of $2.34 to $2.55, the token shows a steady performance, supported by increased trading volumes. The RSI level near is at 58.05, which further means that the momentum is just right, neither oversold nor overbought. However, traders are still careful due to the impacts of the SEC lawsuit even though it has a somewhat limited effect on the solidity of the firm.

Related articles

XRP Price Prediction for Aug 3 — Will $2.95 Hold or Break in This Pivotal Setup

XRP Price Prediction for Aug 3 — Will $2.95 Hold or Break in This Pivotal Setup?

August 2, 2025
Ethereum Dips Below $3,500 as Key Support Holds — Market Eyes Discount Window Amid Wider Crypto Pullback

Ethereum Dips Below $3,500 as Key Support Holds — Market Eyes Discount Window Amid Wider Crypto Pullback

August 2, 2025
Source: Trading View

MACD is trading above the signal line showing bullish pressure as prices staying above these levels are potential and active. The breakout target aligns with the measured move method, projecting a potential surge to $4.00 if the upper resistance is breached.

Source: Coinglass

Consequently, volume trends support this analysis as volume typically rises in the case of triangle breakouts. In case the breakout will be unsuccessful, the support level can be $2.00, close to the lower triangle’s border.

SEC Case Broader Implications and Community Sentiment

The ongoing SEC lawsuit, which has plagued XRP since 2020, remains a critical factor. There has been discussion of a possible end of the dispute which has created demand, legal clarity could be the reason for optimism. A positive outcome will see the Company at the forefront of the market, but prospects may decrease significantly in case of more delays.

The effect of the Case goes way beyond XRP because it sets the tone of the regulations of cryptocurrencies by the SEC. The outcome will especially influence investor sentiment and redirect trading plans for all assets of focus; Today, XRP has the potential inherent in technical breakout charts and ongoing legal proceedings.

Tags: Price AnalysisRipple (XRP) News

Related Posts

XRP Price Prediction for Aug 3 — Will $2.95 Hold or Break in This Pivotal Setup

XRP Price Prediction for Aug 3 — Will $2.95 Hold or Break in This Pivotal Setup?

by Munene Timothy
August 2, 2025

XRP trades above key $2.95 support with bearish MACD and neutral RSI; price action suggests short term consolidation. Price remains...

Ethereum Dips Below $3,500 as Key Support Holds — Market Eyes Discount Window Amid Wider Crypto Pullback

Ethereum Dips Below $3,500 as Key Support Holds — Market Eyes Discount Window Amid Wider Crypto Pullback

by Veronicah Peninah
August 2, 2025

ETH currently trades at $3,489.96, with recent price action forming a discount zone of 10%–30% from local highs. Ethereum’s price...

Analyst Predicts Critical Bitcoin Support Between $107K and $105K as Sellers Dominate

Analyst Predicts Critical Bitcoin Support Between $107K and $105K as Sellers Dominate

by Munene Timothy
August 2, 2025

BTC broke below $116K support, exposing downside toward the $108K–$112K demand zone amid rising bearish pressure. CME gap around $114K...

XRP price prediction for Aug 02 Can $2.90 Hold as Support

XRP Price Prediction for Aug 02: Can $2.90 Hold as Support?

by Jonathan Carls
August 1, 2025

XRP drops 6.25% as high volume fails to counter strong selling momentum Key support at $2.90 under pressure as technical...

XRP Price Prediction for AUG 1 — Signs of Cooling as Bulls Eye $3.65 Rebound

XRP Price Prediction for AUG 1 — Signs of Cooling as Bulls Eye $3.65 Rebound

by Munene Timothy
July 31, 2025

XRP surged from $2.20 to $3.65 in July, gaining 44% monthly before consolidating around $3.16 with cooling momentum. RSI and...

Load More

Recent News

  • Pump.fun Circulating Supply Drops to Just 21.43% of LetsBONK, Market Share Shrinks to 22.2%
  • XRP Price Prediction for Aug 3 — Will $2.95 Hold or Break in This Pivotal Setup?
  • Ethereum Dips Below $3,500 as Key Support Holds — Market Eyes Discount Window Amid Wider Crypto Pullback
  • Paul Atkins Unveils Project Crypto to Reinvent U.S. Capital Markets
  • XRP Market Cap Model Suggests $10B in Buy Orders Could Skyrocket Price to $90

Popular News

  • KEKIUS Price Prediction for June 2025 Signs of Weak Momentum and Accumulation Battle

    KEKIUS Price Prediction for June 2025: Signs of Weak Momentum and Accumulation Battle

    202 shares
    Share 81 Tweet 51
  • Bitcoin and Ethereum Face Pressure as 2,500 BTC and 80,000 ETH Hit Exchanges Amid Political Fallout

    200 shares
    Share 80 Tweet 50
  • Market Analyst say XRP Could Finally Break Out of Its Current Consolidation in 2-4 weeks If It’s Following 2017

    199 shares
    Share 80 Tweet 50
  • SUI Price Breakout or Fakeout? What Chart Patterns Are Saying

    199 shares
    Share 80 Tweet 50
  • SEC Approves Nasdaq Crypto Index Update to Include SOL, ADA, XLM, and XRP

    200 shares
    Share 80 Tweet 50

Live Crypto News | Bitcoin and Altcoins News & Insights.

Recent News

Pump.fun Circulating Supply Drops to Just 21.43% of LetsBONK, Market Share Shrinks to 22.2%
Pump.fun Circulating Supply Drops to Just 21.43% of LetsBONK, Market Share Shrinks to 22.2%
August 4, 2025
XRP Price Prediction for Aug 3 — Will $2.95 Hold or Break in This Pivotal Setup
XRP Price Prediction for Aug 3 — Will $2.95 Hold or Break in This Pivotal Setup?
August 2, 2025
Ethereum Dips Below $3,500 as Key Support Holds — Market Eyes Discount Window Amid Wider Crypto Pullback
Ethereum Dips Below $3,500 as Key Support Holds — Market Eyes Discount Window Amid Wider Crypto Pullback
August 2, 2025

© Daily Crypto Post. Live Crypto News | Bitcoin and Altcoins News & Insights. All Rights Reserved.

No Result
View All Result
  • Home
  • News
    • Altcoins News
    • Cryptocurrency News
  • Market
    • Price Analysis
  • About
  • Contact