XRP Price Prediction: Is $38 A Possibility?

The cryptocurrency world got a jolt this week with wild XRP Price Predictions emerging, especially after the lawsuit with the US SEC officially concluded.

XRP price, the token linked to Ripple Labs, soared 12% to $2.52 on March 19, 2025, after the U.S. Securities and Exchange Commission (SEC) dropped its four-year lawsuit against the company.

XRP trading volume exploded, social media erupted, and XRP’s market cap hit $146 billion, nudging past Tether’s $143 billion to snag third place among cryptocurrencies, according to CoinMarketCap.

Analysts are now tossing out a bold $38 price target, fueled by technical patterns. Meanwhile, retail traders are whipping up a storm online.

But dig into the data, and this rally is riding on leverage—not whale wallets—leaving some to wonder: can it last?

SEC Case Collapse Shifts XRP’s Trajectory

It all started back in December 2020, when the SEC sued Ripple, claiming XRP was an unregistered security.

Ripple pushed back hard, arguing it’s a currency, plain and simple. The legal battle dragged on, battering XRP’s price and reputation.

CoinMarketCap data shows its market cap tanked from $23 billion in late 2020 to a grim $10 billion by 2022.

Major exchanges like Coinbase even yanked XRP from their listings as the uncertainty grew.

Then came the turning point. On Wednesday, March 19, 2025, the SEC waved the white flag.

Ripple CEO Brad Garlinghouse didn’t hold back, calling it “a resounding victory” in an X post that day and blasting the SEC’s approach as “lawfare.”

The news sent XRP’s price up 14% in just a week, per CoinMarketCap. Beyond Ripple, industry insiders see bigger implications.

“This could redefine how the U.S. views digital assets,” an expert told Reuters on March 19. For XRP, it’s a fresh start.

XRP Price Prediction: $38 Target Emerges from Technical Charts

Crypto analysts are poring over XRP’s charts, and they like what they see. Gert van Lagen, a well-known analyst, took to X on March 19 to highlight a seven-year pattern.

He’s calling it a “double-bottom/ascending triangle”—the same setup that sparked a huge run from 2014 to 2017.

His XRP price prediction? XRP  to $38, a jaw-dropping 1,400% leap from its current $2.52.

The numbers add up. A measured move from the pattern’s neckline, which XRP price recently tested as support, lines up with that $38 target.

At that price, XRP’s market cap would balloon to $2.2 trillion, eclipsing Bitcoin’s $1.9 trillion.

Technical indicators bolster the optimism: XRP’s above its 50-day SMA ($2.45) and cruising along a long-term uptrend with the 200-day SMA at $1.66.

Still, van Lagen warns $3 is the next big test—hold that, and the sky’s the limit. XRP’s big moment isn’t just playing out on charts—it’s lighting up social media too.

Analyst Ali Martinez, citing Santiment data on March 19, noted a massive spike in XRP mentions.

“Retail interest is exploding,” he posted. The chatter screams FOMO, a classic recipe for short-term spikes. Santiment shows XRP-related posts jumped 40% in the past week alone.

But here’s the twist: the rally’s not what it seems. Martinez pointed out that whale wallets—those holding over $1 million in XRP—haven’t budged.

Instead, futures open interest spiked by $200 million, per Santiment. That means leveraged bets, not cold hard cash, are pushing this 12% surge.

“Leverage cuts both ways,” Martinez cautioned. “A quick squeeze could send it crashing.”

With the Fear & Greed Index at 32 (Fear) on March 19, there’s plenty of nerves behind the noise.

Market Pulse: Can XRP Price Action Hold the Line?

XRP’s stats look strong at a glance. It’s up 12% in 24 hours and 14% over seven days, boasting a $146 billion market. Daily trading volume hit $8 billion—a 30% leap week-over-week.

On the technical side, it’s sitting pretty above the 50-day SMA ($2.45), with the 200-day SMA ($1.66) signaling a steady climb, per TradingView.

Yet, there’s a catch. This rally’s fueled by futures, not spot purchases. Punch through $3, and the bulls might keep charging.

Dip below $2.45, though, and it could unravel fast. The SEC win clears one obstacle, but regulatory uncertainty still looms large. Might this case set a precedent? Experts say it’s possible.

A $38 moonshot isn’t out of the question—van Lagen’s charts make a compelling argument—but hype alone won’t get it there.