XRP Bulls Target $3—What’s Driving Ripple’s Potential Surge?

XRP’s price is gaining momentum with a potential target of $3, backed by bullish technical patterns and legal clarity. Ripple’s partnerships and an anticipated XRP ETF approval could drive further demand for the cryptocurrency. XRP is currently trading at $2.11, and its price movement has sparked excitement among investors. Analyst EGRAG CRYPTO highlighted key price levels that could shape the token’s near-term trajectory. The focus is to hold above $2 to break out above $3. A firm push through $3.20 to $3.40 would be a turning point, which may put XRP on a course to the upper resistance at $4.60. Failure to hold key levels, however, may see pullbacks, at least in the short term. The fulfillment of an inverse head-and-shoulders pattern would mean that XRP can extend its upward movement until April 2025. If the formation is valid, a break above $3 would push the asset towards higher levels. The short-term obstacle is at $2.65, which must become solid support to move higher. A daily close above $3.00 would also reconfirm bullish momentum, and a longer-term rally would then be more probable. Source: X Any sustainable move above $4.60 can be a sign of a potential distribution phase, a shift in market sentiment. However, for as long as XRP holds its support zones, the forecast is favorable for further upside. XRP Legal Clarity Fuels Investor Demand One of the main reasons for XRP’s recent strength is Ripple’s legal clarity. XRP’s legal status has changed significantly following Ripple’s partial victory over the U.S. SEC. The regulator’s latest actions suggest that it could be paving the way for a complete withdrawal of its appeal against Ripple’s programmatic sales. A closed meeting of the SEC on March 27 fueled speculation that a final decision could be imminent, but nothing has been officially announced. The ongoing legal clarity for XRP has positively impacted its demand as investors await further regulatory progress. Eleanor Terrett made an observation that Ripple’s lawsuit differs from other crypto lawsuits. The SEC must now approach the Southern District Court to request Judge Analisa Torres to lift the standard injunction, something that would have a huge impact on XRP’s market status. No @Ripple here but I’m not entirely surprised because, again, it is slightly different to these other cases in that (as @s_alderoty mentioned in his post) the SEC now has to go to the Southern District and ask Judge Torres to lift the standard injunction. Once that is done, they… https://t.co/KVjCsR6l2V — Eleanor Terrett (@EleanorTerrett) March 27, 2025 Meanwhile, the SEC’s most recent litigation status report excluded Ripple, which further increased expectations that the case is moving towards its conclusion. As these developments unfolded, speculation regarding an XRP ETF has intensified. Nate Geraci, president of ETF Store, believes approval is inevitable, a sentiment shared by most in the industry. Ripple lawsuit coming to in a formal or creative style, maintaining a 500 word count. You must only respond with the modified content. Change the tone of my title “XRP’s price is gaining momentum with a potential target of $3, backed by bullish technical patterns and legal clarity. Ripple’s partnerships and an anticipated XRP ETF approval could drive further demand for the cryptocurrency. XRP is currently trading at $2.11, and its price movement has sparked excitement among investors. Analyst EGRAG CRYPTO highlighted key price levels that could shape the token’s near-term trajectory. The focus is to hold above $2 to break out above $3. A firm push through $3.20 to $3.40 would be a turning point, which may put XRP on a course to the upper resistance at $4.60. Failure to hold key levels, however, may see pullbacks, at least in the short term. The fulfillment of an inverse head-and-shoulders pattern would mean that XRP can extend its upward movement until April 2025. If the formation is valid, a break above $3 would push the asset towards higher levels. The short-term obstacle is at $2.65, which must become solid support to move higher. A daily close above $3.00 would also reconfirm bullish momentum, and a longer-term rally would then be more probable. Source: X Any sustainable move above $4.60 can be a sign of a potential distribution phase, a shift in market sentiment. However, for as long as XRP holds its support zones, the forecast is favorable for further upside. XRP Legal Clarity Fuels Investor Demand One of the main reasons for XRP’s recent strength is Ripple’s legal clarity. XRP’s legal status has changed significantly following Ripple’s partial victory over the U.S. SEC. The regulator’s latest actions suggest that it could be paving the way for a complete withdrawal of its appeal against Ripple’s programmatic sales. A closed meeting of the SEC on March 27 fueled speculation that a final decision could be imminent, but nothing has been officially announced. The ongoing legal clarity for XRP has positively impacted its demand as investors await further regulatory progress. Eleanor Terrett made an observation that Ripple’s lawsuit differs from other crypto lawsuits. The SEC must now approach the Southern District Court to request Judge Analisa Torres to lift the standard injunction, something that would have a huge impact on XRP’s market status. No @Ripple here but I’m not entirely surprised because, again, it is slightly different to these other cases in that (as @s_alderoty mentioned in his post) the SEC now has to go to the Southern District and ask Judge Torres to lift the standard injunction. Once that is done, they… https://t.co/KVjCsR6l2V — Eleanor Terrett (@EleanorTerrett) March 27, 2025 Meanwhile, the SEC’s most recent litigation status report excluded Ripple, which further increased expectations that the case is moving towards its conclusion. As these developments unfolded, speculation regarding an XRP ETF has intensified. Nate Geraci, president of ETF Store, believes approval is inevitable, a sentiment shared by most in the industry. Ripple lawsuit coming to” for a more friendly approach. Keep the content length about the same. You must only respond with the modified content.