XRP Price Prediction: Can Ripple’s Legal Win & ETF Hype Push XRP to $3?
XRP just hit a major milestone as Bitnomial launched the first-ever CFTC-regulated XRP futures contract on March 20, 2025.
This move follows the SEC dropping its appeal in the long-running Ripple lawsuit, a decision that has boosted investor confidence and could pave the way for an XRP exchange-traded fund (ETF).
The approval of physically settled XRP futures marks a turning point for institutional crypto adoption. Unlike cash-settled contracts, these futures involve the direct transfer of XRP, making them more attractive to institutional traders. The market reacted immediately, with XRP surging over 12% to $2.57 before stabilizing around $2.50.
With legal uncertainty fading and regulated financial products emerging, XRP is positioning itself for broader mainstream adoption.
Ripple’s Legal Victory Reshapes the Crypto Landscape
Ripple’s multi-year battle with the SEC reached a pivotal moment as the regulator dropped its appeal against the ruling that XRP is not a security in retail transactions. This legal win boosts market confidence in XRP’s regulatory status, paving the way for mainstream financial adoption.
Ripple CEO Brad Garlinghouse confirmed that multiple XRP ETF filings are pending SEC approval, with decisions expected by mid-2025. If approved, an XRP ETF could unlock a new wave of institutional investment, similar to Bitcoin’s ETF success.
Despite this win, Judge Torres’s previous ruling on XRP’s institutional sales as securities still stands. Ripple has yet to decide whether to appeal a $125 million penalty related to institutional sales. However, with XRP futures now live, market participants see increased opportunities for price speculation and hedging strategies.
Key Takeaways from Ripple’s Legal Win:
SEC dropping its appeal strengthens XRP’s legal standing in retail markets.
XRP ETF filings could be approved by mid-2025, expanding institutional access.
XRP futures launch enhances liquidity and investment options for institutional traders.
XRP/USD Technical Outlook – March 21, 2025
XRP is currently trading at $2.42, down 1.06%, consolidating within a symmetrical triangle pattern. Despite minor pullbacks, the 50-day EMA at $2.39 serves as a key support level, maintaining the bullish trend.
XRP recently attempted to break resistance at $2.51 but failed to hold momentum, leading to a corrective pullback. If buyers defend the $2.39 level, XRP could rebound toward $2.51, with further upside targets at $2.62 and $2.71.
A break below $2.39 could expose XRP to immediate support at $2.31, followed by $2.22. The symmetrical triangle pattern suggests an imminent breakout, with volume confirmation needed for a decisive move.
Key Technical Levels:
Support: $2.39 (50-day EMA), $2.31, and $2.22.
Resistance: $2.51, $2.62, and $2.71.
Breakout Zone: A decisive move above $2.51 signals bullish momentum.
ABOUT THE AUTHOR
See More
Sidebar rates
Add 3442
Related Posts
SaveAdd 3440
Join 350 000+ traders receiving Free Trading Signals
Alerts
Rates
Calendar
Signals