XRP Price Outlook Brightens After Ripple Settles With SEC

XRP continues to gain momentum following Ripple’s resolved lawsuit with the SEC, sparking new optimism in the crypto community. The focus keyword XRP headlines the renewed attention as the digital asset experiences a notable rally, mirroring increased investor confidence and positive market sentiment.

Over the past 24 hours, XRP has jumped to approximately $3.31, reflecting a 9% rise and bringing it within striking distance of its yearly peak at $3.65. This recent surge also contributes to a 13% gain for the week, with trading activity ranging from $2.77 to $3.36 over that period. Volumes have spiked, with exchanges processing over $9.9 billion, underscoring robust interest following Ripple’s legal closure with the SEC—a pivotal case that had loomed over the token since 2020.

In light of the announcement, observers tracked a significant transfer involving over 16.6 million XRP, valued at upwards of $55 million, moved to Coinbase from an undisclosed wallet. This coincided with XRP swiftly overcoming resistance levels between $3.10 and $3.15, signaling strong upward momentum driven largely by institutional buying pressure.

From a technical standpoint, XRP remains in a bullish phase. It recently broke out of a downward channel, marked by a wedge pattern that started after July’s highs. The breakout near $3.07 aligned with the 0.786 Fibonacci level, triggering a fast climb to $3.35 before cooling slightly near $3.31. If it sustains above the solid support at $3.20, there is potential for another push toward $3.65—and possibly $4.

Support levels currently anchor at $3.20 and $3.00, while a failure to hold could lead to a fallback to $2.72, where demand previously rebounded strongly. The Relative Strength Index hovers near 67.9, suggesting that although buyers dominate, the asset isn’t yet in overbought territory. If RSI surpasses 70, it could prompt brief sideways movement before any further ascend.

Adding weight to the positive trend, a breakout targeted by analyst Ali Martinez between the 0.786 and 1.414 Fibonacci levels has been fulfilled around $3.34, supporting the idea that XRP may continue trending upward if volume holds steady.

Meanwhile, data from CryptoQuant reveals mixed whale activity. Although the XRPL Whale Flow index turned negative in early August—implying more outflows than inflows—the significance is nuanced. Over 51,000 major transactions were recorded by July end, maintaining high frequency even days later. Previous spikes like these signaled distribution and preceded corrections, but wider context softens that implication this time.

In contrast, a noteworthy drop in exchange-held XRP—from 3.02 billion to 2.3 billion within two weeks—suggests accumulation, as tokens move away from trading platforms to private wallets. Such behavior typically reduces short-term sell pressure, adding strength to bullish narratives despite active whale repositioning.

Network activity is also showing healthy signs. XRP’s NVT ratio, which compares market cap to on-chain volume, spiked to 225 following the price rally, raising flags about speculative jumps. However, the latest reading has dropped to 177.5, indicating increasing transactional activity and closing the gap between value and usage. This reversal supports a more balanced market scenario, unlike previous cycles when high NVT ratios preceded steep corrections.

As a result, projections regarding the XRP price continue to draw interest. With regulatory uncertainty behind it, Ripple has cleared a path for more fundamentally driven forecasts. Market participants now shift their attention to technical patterns, liquidity conditions, and evolving investor sentiment when evaluating XRP’s potential price direction.

Forecasting XRP’s future generally blends technical analysis with on-chain insights and real-world developments. Tools like support zones, Fibonacci retracements, and trendline formations help chartists define plausible trading ranges. Added to that, on-chain signals such as transfer volume, wallet distribution, and exchange reserves offer clues into wider investor behavior, especially among large holders.

Related: XRP Price: $12M Max Pain for Bears

Crucially, Ripple’s integration with global financial systems and strides in real-world payment corridors will remain pivotal. As institutional adoption and regulatory clarity evolve, these factors are likely to influence long-term valuations more than daily chart fluctuations. Overall, XRP is now navigating more confidently into the next phase of its journey, backed by technical strength, supportive fundamentals, and notable momentum across markets.