XRP Price Prediction: XRP Targets $3 as Bullish Momentum Builds on Ripple-SEC Settlement and Breakout Signals

XRP is gaining bullish momentum this week, with growing investor optimism fueling expectations of a potential surge toward the $3 mark.

The surge comes amid two powerful catalysts: a technical breakout triggering SuperTrend buy signals and the long-awaited resolution of the XRP lawsuit with the U.S. Securities and Exchange Commission (SEC). Together, these developments have significantly lifted market sentiment around Ripple’s native token, intensifying speculation that a $3 price target may soon be within reach.

SuperTrend Indicator Points to Sustained Uptrend

Crypto analyst Ali Martinez noted a significant technical event on May 10 when XRP activated a SuperTrend buy signal after breaching key resistance at $2.36. “The SuperTrend indicator just flashed a buy signal for $XRP!” Martinez shared on X, previously known as Twitter. This tool is widely used by traders to identify trend reversals and validate the strength of a movement. The breakout suggests XRP may be preparing for an extended rally.

SuperTrend Indicator Points to Sustained Uptrend

The SuperTrend indicator has issued a fresh buy signal for XRP, suggesting bullish momentum ahead. Source: Ali Martinez via X

The current resistance sits around $2.50. Should XRP decisively break this level, analysts project upside potential toward $2.70 and even $3.00. Reinforcing this outlook is an inverse head-and-shoulders pattern—a classic bullish setup—identified by analysts like Jeff Moore, who stated, “Next stop $3.00–$3.10. #XRP strong!”

Ripple-SEC Lawsuit Reaches Settlement, Clearing Regulatory Clouds

Investor confidence has surged following a major development in the Ripple lawsuit. After more than four years of legal wrangling, Ripple and the SEC have agreed to settle the dispute for $50 million—well below the originally proposed $125 million penalty. While the court’s final approval is still pending, the agreement signals the end of a drawn-out chapter that had placed a regulatory shadow over the Ripple crypto ecosystem.

Ripple-SEC Lawsuit Reaches Settlement, Clearing Regulatory Clouds

The SEC case against Ripple is over, clearing the path for XRP to chase its $10 target by the end of Q2 2025. Source: WSB Trader Rocko via X

This Ripple lawsuit update marks a turning point not only for XRP price but also for broader regulatory clarity in the U.S. crypto market. The leadership change at the SEC, with Paul Atkins now at the helm, has also eased concerns, as his stance leans toward a more balanced approach to digital asset oversight.

Altcoin Momentum and Institutional Demand Propel XRP Forward

XRP’s recent rally aligns with a wider altcoin recovery, buoyed by Bitcoin’s push past $104,000 and Ethereum’s 26% weekly gain. XRP’s value rose by over 9% in the past week, supported by strong trading volumes—over $4.2 billion in 24 hours—and a $140 billion market cap.

This resurgence is also fueled by growing institutional interest in Ripple XRP news, especially amid buzz that an XRP spot ETF may follow BlackRock’s entry into other crypto-based ETFs. Ric Edelman, founder of the Digital Assets Council of Financial Professionals, recently emphasized the importance of ETF-based exposure, citing benefits in risk management and upside potential.

Key Resistance Levels and Price Targets

XRP’s short-term trajectory hinges on its ability to overcome resistance at $2.45 to $2.50. According to technical analysis, a successful breakout here could open the path toward $2.63, $2.82, and eventually $3.10. Some analysts also foresee a medium-term rally targeting $5.00, assuming XRP maintains strong support levels near $2.34 and $2.05.

Key Resistance Levels and Price Targets

XRP’s long-standing falling wedge pattern is now showing signs of a bullish breakout, aiming for a new all-time high. Source:

Traders are watching $2.42 closely as a pivotal entry zone, especially as volume tightens and price consolidates. However, any failure to clear $2.50 decisively could lead to a brief correction, possibly back to $2.32 or $2.28. The MACD indicator remains bullish, but some caution is advised due to potential bearish divergences in RSI.

Global Market Conditions and XRP Sentiment

Macroeconomic tailwinds have further supported XRP’s rise. A recent trade agreement between the U.S. and U.K. and ongoing diplomatic talks between the U.S. and China have boosted global investor confidence. This broader optimism has spilled over into the crypto sector, supporting the Ripple market and Ripple exchange activity.

Global Market Conditions and XRP Sentiment

XRP was trading at around $2.34 at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin

Adding to the enthusiasm is XRP’s Fear and Greed Index, which now reads 78—well into “Greed” territory. Just a week ago, it hovered near neutral at 49. This sharp shift reflects increased appetite for risk and belief in XRP’s upside potential.

Final Thoughts: XRP Eyes the $3 Milestone

As XRP continues its climb, optimism surrounding Ripple currency price performance remains high. The combination of regulatory clarity, institutional interest, bullish technicals, and macroeconomic tailwinds sets the stage for a sustained uptrend. While short-term pullbacks may occur, the broader picture favors further gains.

With $3 as the next major psychological and technical barrier, XRP appears well-positioned to reclaim higher levels in the coming weeks—assuming momentum continues and resistance levels give way. Investors and traders alike are keeping a close eye on every move, as the next breakout could redefine XRP’s trajectory in 2025.

Source: https://bravenewcoin.com/insights/xrp-price-prediction-xrp-targets-3-as-bullish-momentum-builds-on-ripple-sec-settlement-and-breakout-signals