XRP Price Prediction: Ripple Weekly Chart Points to Fresh Rally as Legal Clouds Clear
Ripple and the SEC have decided to settle the case for a $50 billion fine, confirming the setup as the XRP weekly chart displays a bullish surge into new record highs.
Ripple’s Legal Battle Nears Resolution
Ripple (XRP) appears to be closing in on the conclusion of its multi-year regulatory standoff with the U.S. Securities and Exchange Commission. In a critical step last week, both parties filed a joint motion to dismiss their outstanding appeals, signaling that a final settlement could be imminent. This development represents a turning point in a legal saga that has loomed over XRP since late 2020, and it may soon provide the clarity that Ripple and the broader crypto market have been seeking.
Market Rally Driven by Political Tailwinds
Ripple’s recent price action has also been bolstered by global macro developments. President Donald Trump’s announcement of a three-month pause on trade tariffs sparked optimism across risk assets, including cryptocurrencies. XRP responded with a sharp rally of nearly 30%, rewarding investors who entered during prior dips.
Earlier in March, XRP gained additional visibility when Trump referenced it alongside Solana and Cardano during a speech on the proposed National Crypto Reserve. XRP’s price briefly surged from $2.00 to $3.00 before retracing, as it was later clarified that only Bitcoin would be included in the actual reserve. This episode highlighted the fragile nature of politically driven crypto narratives, which can swing sentiment rapidly in both directions.
Ripple Price Action: MAs Refusing Buyers on the Daily Chart
XRP has been showing some weakness in recent months. After surging more than 500% in November and hitting a high of around $3.40 by mid-January, the token saw a correction. Prices have since plummeted, establishing lower highs and coming up against major moving averages like the 50-day SMA. After reclaiming the 200-day SMA, which continues to provide technical support, XRP recovered from a brief drop below a critical support zone at $1.90 last week.
XRP Weekly Chart – The 20 SMA Adding to the Support
This week began with XRP plunging to $1.63 amid widespread anxiety, but it recovered behind a robust recovery in US markets. With major indices up more than 10% and tech titans up 20%, crypto followed suit. Bitcoin rose back above $80,000, helping to boost sentiment across the board, including XRP/USD, which gained 30%.
Technical Landscape and Near-Term Prospects for XRP
Despite ongoing volatility, XRP’s medium-term outlook has improved. Legal uncertainties appear to be easing, while supportive macro conditions—such as rising equity markets and renewed Bitcoin strength—could provide further momentum. Key technical levels remain in play, particularly support around $1.90 and resistance at the 50-day and 100-day moving averages. A decisive breakout above these levels could signal a more sustainable bullish trend.
If legal clarity is achieved, institutional interest may follow. Many large investors have avoided XRP due to regulatory ambiguity, and a final resolution with the SEC could remove one of the largest barriers to mainstream adoption.
Ripple-SEC Settlement Terms and Broader Implications
Under the proposed terms, Ripple would pay a reduced fine of $50 million, down from the $125 million originally earmarked in escrow. The remaining funds, including interest, will be returned to the company—a symbolic victory that Ripple CEO Brad Garlinghouse described as validation of the company’s position throughout the case.
Garlinghouse also emphasized the broader importance of the settlement, viewing it as a positive step under the new leadership at both the SEC and the White House. If the agreement is finalized, it could set a powerful precedent for how cryptocurrencies, particularly altcoins, are treated under U.S. law.
A Ripple Effect Across the Crypto Market
Beyond Ripple, the resolution of this case may influence how regulators approach the entire altcoin market. Institutional investors who were hesitant to commit capital to projects with unclear legal status may now reconsider their stance. Retail sentiment, too, could rebound as the specter of regulatory intervention begins to fade.
Ripple’s battle with the SEC has come to define a pivotal moment in the evolution of U.S. crypto regulation. Its resolution not only affects XRP but may mark the beginning of a more transparent and structured regulatory environment—paving the way for a new era of growth in the digital asset space.
Ripple XRP Live Chart
ABOUT THE AUTHOR
See More
Sidebar rates
Related Posts
Save
Join 350 000+ traders receiving Free Trading Signals
Alerts
Rates
Calendar
Signals