XRP/USD Breakout Alert! After consolidating below key resistance around $2.107, XRP has surged to $7.25, hitting a target gain of 7.25x! The price has broken through multiple resistance levels, showing strong bullish momentum. Are we heading for new all-time highs? Let’s discuss!
Note
As of today, March 19, 2025, there’s exciting news regarding the XRP lawsuit. Reports indicate that the U.S. Securities and Exchange Commission (SEC) has dropped its five-year-long legal battle against Ripple Labs. This development was highlighted by Ripple CEO Brad Garlinghouse, who made an official announcement on X, sparking a buzz in the crypto community. The lawsuit, which began in December 2020 with the SEC alleging that Ripple raised over $1.3 billion through unregistered XRP sales, appears to have reached its conclusion. While earlier rulings, like the July 2023 decision by Judge Analisa Torres stating that XRP itself is not a security for programmatic sales, set the stage, the full dismissal of the case marks a significant victory for Ripple and XRP supporters. Stay tuned as this could have big implications for XRP’s future, including potential price movements and increased institutional interest!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.