XRP Set for 2017-Style Surge as SEC Case Dismissal Looms

Is XRP Repeating Its 2017 Surge? 

A recent wave of technical analyses has reignited comparisons between XRP’s current price trajectory and its extraordinary 2017 rally. 

Among the most provocative voices is an analyst known as Maxi, who raised the stakes by suggesting that if XRP’s current chart continues to mirror the 2017 setup, we could be in “the final week before” an explosive breakout.

Taking on X, formerly Twitter, Maxi noted, “XRP repeating 2017 if so we are in the final week before.”

Based on this analysis some of the notable targets include $3.5, $5, $7, $10, $14, and $20.

Crypto analyst DonAlt has also flagged striking parallels between XRP’s current consolidation and its late-2017 setup, pointing to repeating patterns that could signal a potential 1,200% rally, echoing the explosive run to the previous all-time high (ATH) of $3.40 between December 2017 and January 2018.

Another voice reinforcing the pattern-based narrative is Egrag Crypto, who overlaid XRP’s current movement against its 2017 price fractal. 

Bill Morgan Weighs in on Ripple vs SEC Lawsuit

In a striking new development, renowned Australian lawyer and XRP supporter Bill Morgan has suggested that the long-standing lawsuit between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) could be dismissed before August 15, 2025. 

This bold prediction comes amid growing speculation that the judge presiding over the case may issue a summary judgment favoring Ripple, effectively ending the legal battle that has loomed over the crypto industry since December 2020.

Morgan, known for his deep legal insights into crypto-related litigation, shared his opinion via X, where he emphasized the increasingly untenable position of the SEC.

The regulatory body had initially accused Ripple of conducting an unregistered securities offering through its sale of XRP. However, the tide began to turn last year when Judge Analisa Torres ruled that XRP sold on secondary markets does not qualify as a security, delivering a partial win to Ripple.

Now, Morgan believes that the SEC’s remaining claims, particularly regarding Ripple’s institutional sales and the role of its executives, may no longer hold enough weight to proceed to trial. 

He points to the lack of compelling evidence tying Ripple’s leaders, Brad Garlinghouse and Chris Larsen, to any fraudulent intent, and the diminishing legal rationale behind the SEC’s case.

The crypto community, especially XRP holders, has reacted with cautious optimism. A dismissal would not only vindicate Ripple but also signal a landmark shift in how U.S. courts view digital assets, potentially limiting the SEC’s overreach into the crypto space. 

It could also pave the way for greater regulatory clarity and a renewed bullish momentum for XRP, which has traded under a cloud of legal uncertainty for nearly five years.

Conclusion

While the final outcome remains in the hands of the court, Morgan’s prediction is fueling speculation that the end of the Ripple vs SEC saga may be closer than many expected, possibly just days away. All eyes are now on Judge Torres and the docket updates expected in the coming week.

Meanwhile, if technical patterns align with institutional signals, XRP could be on the verge of a dramatic breakout, mirroring its explosive 2017 rally as early as next week.