XRP is gaining strong bullish momentum after the U.S. Securities and Exchange Commission (SEC) officially ended its long-standing lawsuit against Ripple Labs. This legal breakthrough has renewed investor confidence and fueled price speculation, with some analysts predicting XRP could hit $10 by 2030.
Driving this optimism are multiple catalysts: regulatory clarity, Ripple’s upcoming RLUSD stablecoin, and growing IPO chatter surrounding Ripple Labs. In a recent interview, Ripple CEO Brad Garlinghouse confirmed an IPO is “possible,” further stoking bullish sentiment.
Bitget’s Ryan Lee noted XRP’s current trading range between $2.35 and $2.55 could lead to significant price swings. Short-term targets range from $2.00-$2.17 on the downside and $2.65-$3.00 on the upside, while long-term projections sit between $4.20 and $10+, depending on Ripple’s success in payment adoption and stablecoin rollout. The $2.50 level remains key for determining the next breakout or breakdown.
Lee added that potential XRP ETF approvals and the SEC’s retreat support a broader medium-term range of $1.50-$5.89. However, technical indicators remain mixed, with a neutral RSI and bearish MACD signaling possible short-term consolidation.
The RSI (Relative Strength Index) measures price momentum, with levels above 70 indicating overbought conditions, while the MACD (Moving Average Convergence Divergence) highlights momentum shifts through moving average crossovers.
Nick Ruck of LVRG Research pointed to XRP’s price stability during recent market volatility as a bullish sign. He warned, however, that U.S. macroeconomic factors and tariff risks could still impact momentum.
As Ripple gains traction with new developments and the lawsuit behind it, XRP appears poised for continued growth, making it a token to watch closely in the years ahead.
