 
 
XRP is riding high after the conclusion of the high-stakes Ripple vs. SEC battle.
According to market analyst Lingrid, XRP bounced from its wedge breakout, reclaiming $3.20 as support after a sharp pullback, and is now consolidating within its broader uptrend, signaling renewed bullish momentum.
She added, “As long as 3.20 holds, the path toward the 3.80 target remains open. Buyers appear ready to press higher after this healthy correction.”
After a strong rally last month that saw a new high of $3.65 registered, XRP eased through a healthy correction, cooling from this recent high.
Nevertheless, Lingrid’s analysis points to XRP’s sustained uptrend after breaking out of this consolidation, with $3.20 flipping from resistance to support, a classic bullish signal.
 
Therefore, the $3.80 target isn’t just psychological; it marks a key resistance from past cycles. A breakout could pave the way for a rally toward $4.00 and beyond.
Market Sentiment Boosted by Legal Clarity
XRP’s rally is being fueled by renewed optimism after the Ripple vs. SEC case ended, cementing its status as a commodity and boosting confidence among retail and institutional investors.
With legal clouds lifted, focus returns to fundamentals, technicals, and momentum, all signaling potential for higher XRP prices.
For now, traders will be closely watching whether XRP will sustain its bullish momentum and breach its present ATH of $3.65, since this will open the doors to the $3.80 target.
Source: https://zycrypto.com/xrp-army-reloading-after-ripple-sec-settlement-as-institutional-confidence-soars/