Weekly XRP Price Prediction: A Bullish Breakout Brewing After the 50% Pullback?
Is XRP poised for a breakout following its 50% Ripple correction, given fresh legal clarification and a shifting political landscape?
Quick overview
- Ripple XRP experienced a significant price surge of over 350% following a legal breakthrough in its case against the SEC.
- Despite initial optimism from political endorsements, XRP's price faced volatility and corrections, dropping to the $2 support zone.
- Recent developments, including a proposed settlement with the SEC and a pause on tariffs, have renewed optimism for Ripple's future.
- Historical patterns suggest XRP may be poised for another breakout, with potential targets reaching as high as $10 if market conditions align.
Is XRP poised for a breakout following its 50% Ripple correction, given fresh legal clarification and a shifting political landscape?
XRP’s Volatile Path: Trump’s Endorsement Lifts Spirits, But Questions Linger
From November through mid-January, Ripple’s XRP experienced a stunning rally, skyrocketing more than 350% from just under $0.50 to an intraday high close to $3.40. The primary catalyst behind the move was renewed investor confidence following a significant legal win in Ripple’s long-running dispute with the U.S. Securities and Exchange Commission (SEC).
XRP/USD Daily Chart – Momentum Falters Near Moving Average Resistance
However, the euphoria didn’t last long. A downturn in global equity markets and a broader pullback in risk appetite spilled over into digital assets. XRP wasn’t spared, sliding back toward the psychologically important $2.00 level by early February, where it found temporary support.
Political Hype Gives XRP a Boost—But Reality Sets In
In March, optimism returned briefly when U.S. President Donald Trump mentioned XRP—alongside tokens like Solana and Cardano—during a speech outlining a proposed “National Crypto Reserve.” The market reacted swiftly, speculating that XRP might be included in a potential government-backed crypto initiative. Prices surged to the $3.00 mark before retracing sharply once it was confirmed that only Bitcoin would be featured in the actual reserve framework.
Trade Tariffs and SEC Settlement Fuel a New Wave of Confidence
XRP’s next pullback to $1.63 came amid renewed trade tensions and the announcement of fresh U.S. tariffs, sparking a broader flight from risk assets. But sentiment swiftly improved when President Trump declared a three-month suspension of the new tariffs, lifting investor mood across equities and digital markets alike.
Investor optimism was further strengthened by an updated settlement proposal in Ripple’s legal saga. The new terms included a reduced penalty of $50 million—well below the originally earmarked $125 million—and allowed Ripple to recover the remainder of the escrowed funds, including accumulated interest. CEO Brad Garlinghouse called the development a vindication of Ripple’s position and a major step forward in closing the legal chapter.
XRP Stuck in Consolidation, But Setups Suggest a Break May Be Coming
Following the rebound, XRP has been range-bound, trading between $2.00 and $2.25. Despite limited influence from adoption metrics or usage trends at this stage, XRP’s price structure remains technically sound. In crypto markets, such low-volatility phases often precede powerful directional moves.
Historical Patterns Signal What Could Come Next
Looking back, XRP has a history of brief, parabolic gains followed by lengthy consolidation or correction periods. After peaking in 2018, the token languished for years. A similar pattern played out in 2021, when several rallies failed to break into sustainable uptrends, resulting in prolonged sideways action.
XRP/USD Weekly Chart – Support Remains Firm at Lower Levels
Now, with a clean 50% retracement from the $3.40 high complete, XRP appears technically positioned for another bullish leg. If momentum returns, key upside targets include the recent high of $3.40, followed by round-number levels such as $4.00, $5.00, and—under favorable macroeconomic conditions—possibly a breakout toward the $10.00 milestone.
Final Thought: Is This the Lull Before the XRP Liftoff?
While investor commitment remains tentative for now, the elements are aligning: legal clarity, political spotlight, and solid technical foundations. In the unpredictable world of crypto, it’s often just when sentiment cools that explosive moves begin. XRP’s next major shift may be just around the corner.
Ripple XRP Live Chart
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