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📈 XRP Forecast: Market Awaits Possible ETF News as SEC Ends Ripple Lawsuit
XRP is once again in the spotlight as crypto analysts predict a potential surge to $4 by mid-April. This bullish outlook follows prolonged downward pressure caused by macroeconomic uncertainty and widespread market liquidations, which pushed the digital asset below a key support level.
Adding fuel to the anticipation is a closed-door meeting scheduled by the U.S. Securities and Exchange Commission (SEC) for April 3. Many market participants suspect the meeting will include discussion of an XRP-linked Exchange Traded Fund (ETF)—a potential game-changer for crypto investors.
SEC Withdraws from Ripple Legal Battle
In a major development, the SEC—under new leadership—has opted to end its years-long legal battle with Ripple Labs. Ripple CEO Brad Garlinghouse called this a landmark victory not only for Ripple but for the broader crypto industry. The lawsuit had centered on whether XRP constituted an unregistered security.
Following the announcement, XRP briefly rallied 13%, hitting $2.53 in 24 hours. However, this momentum quickly faded as the asset corrected downward.
Current Market Snapshot
As of the latest data, XRP remains in negative territory across multiple timeframes:
- 24-hour loss: 1.4%
- 7-day drop: 14%
- 30-day slide: 1%
- 90-day change: –0.03%
- Year-to-date decline: 8.8%
Despite current declines, XRP has surged an impressive 261.6% from March 2024 levels—highlighting its long-term potential.
Price Predictions: A Rally to $4 and Beyond?
According to crypto forecasting site CoinCodex, XRP could experience a sharp bounce. The platform projects the token may hit $4.21 by April 15—an 87.11% rally from current levels, surpassing its previous all-time high of $3.40.
CoinCodex analysts earlier issued a slightly more conservative prediction of $3.33 by April 27. However, they cautioned against immediate entry into the market due to bearish technical indicators and elevated volatility.
“XRP has had 15 green days out of the past 30, with 5.57% price volatility,” the platform noted. “The sentiment remains bearish, and the Fear & Greed Index stands at 40—indicating fear. It’s currently not an ideal time to buy.”
Analysts Eye Long-Term Breakout
Respected crypto analyst Dark Defender recently stated that XRP is building momentum on its longer-term price charts. According to his technical analysis, XRP’s three-month candle—which closes on March 31—could mark the beginning of a significant breakout.
Dark Defender’s projections:
- 3rd Wave target: $5.85 to $8.07
- 5th Wave (cycle peak): $18.22 to $23.20
He emphasized that larger timeframes point to sustained bullish momentum, even though short-term volatility may continue.
“Higher timeframes dominate the smaller ones,” he noted. “While short-term moves may confuse, the overall trajectory remains upward.”
ETF Approval Could Be the Catalyst
The crypto community is now laser-focused on the SEC’s April 3 closed-door meeting, where discussions around a potential XRP ETF may take place. Market sentiment suggests that a green light from the Commission could trigger significant price appreciation for the token.
As previously reported, the possibility of ETF approval is adding to investor optimism. While nothing has been confirmed yet, many believe such a move would legitimize XRP in traditional financial circles and unlock billions in investment capital.
Crypto Influencers Share Bullish Outlook
Prominent trader “Steph is Crypto” provided a simple yet bold strategy for those considering an XRP investment: “Buy below $25, sell above $75.” In a previous analysis, Steph suggested that adhering to this formula could lead to considerable wealth during the next bull cycle.
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In Summary
– XRP has lost short-term momentum but still shows strong gains year-to-date.
– Price predictions suggest a rally to $4.21 by mid-April.
– XRP could hit up to $23 in the longer term, according to wave theory analysis.
– SEC’s April 3 meeting may include crucial ETF-related discussion that could act as a catalyst.
– Influencers and analysts alike remain bullish, urging caution but pointing to impressive upside potential.
Keep an eye on XRP as the next few weeks could be pivotal for both the token and broader cryptocurrency market.
Ripple’s legal battle and the recent court decision
Ripple Labs has finally scored a decisive win in its protracted legal showdown with the U.S. Securities and Exchange Commission (SEC), a case that has loomed over the crypto markets since late 2020. The central question? Whether XRP, Ripple’s native digital asset, should be classified as a security under U.S. law. After years of legal wrangling, shifting regulatory winds, and courtroom drama worthy of a Netflix mini-series, the SEC has formally stepped back, effectively ending the case without further pursuit. This marks a watershed moment not only for Ripple but for the broader cryptocurrency ecosystem.
The case originally hinged on the SEC’s assertion that Ripple had conducted an unregistered securities offering by selling XRP to investors. Ripple, in turn, argued that XRP should be treated as a digital currency, much like Bitcoin or Ethereum, and not subjected to securities laws. The legal ambiguity created by the lawsuit cast a long shadow over XRP’s price and stifled its adoption, particularly among U.S.-based institutional investors. With this legal cloud now dissipated, XRP’s regulatory status has become significantly clearer—a crucial development for both compliance and market confidence.
Judge Analisa Torres of the Southern District of New York played a pivotal role in shaping the outcome. Her nuanced ruling in mid-2023 drew a critical distinction between institutional sales (which may be considered securities) and programmatic sales on exchanges, which do not meet the criteria under the Howey Test. This partial victory for Ripple set the stage for the SEC’s eventual withdrawal. Industry observers viewed the SEC’s retreat as a tacit acknowledgment of the difficulties in applying decades-old securities law to modern digital assets.
Brad Garlinghouse, Ripple’s CEO, wasted no time in framing the outcome as a victory not just for his company, but for the entire crypto space. “This is a win for innovation and clarity,” he declared in a recent post on X (formerly Twitter). The statement resonated with many in the industry who have long called for regulatory frameworks that are both fair and forward-looking. Ripple’s Chief Legal Officer, Stuart Alderoty, echoed the sentiment, stating that the case “should never have been brought in the first place.”
This legal clarity opens the door for Ripple to ramp up its U.S. operations, re-engage with institutional partners, and potentially pave the way for more mainstream financial integration—especially as whispers of an XRP Exchange-Traded Fund (ETF) grow louder. The timing couldn’t be more fortuitous, with regulatory conversations heating up across Capitol Hill and crypto policy becoming a hot-button issue in the 2024 election cycle.
For XRP holders and crypto investors at large, the end of the Ripple-SEC saga removes a major source of uncertainty. It also sends a strong signal that crypto companies willing to fight back can shape the way digital assets are regulated in the future. With Ripple emerging from the courtroom stronger than ever, all eyes now turn to how it will leverage this victory in the rapidly evolving digital economy.
Market reaction and XRP price movement
The crypto market responded swiftly—and dramatically—to Ripple’s courtroom triumph. Within hours of the SEC’s formal withdrawal from the case, XRP saw a notable uptick in trading volume and price, briefly spiking 13% to reach .53 before retracing amid broader market turbulence. While some of that momentum cooled off due to profit-taking and macroeconomic headwinds, the psychological impact of the legal clarity has been profound.
For the first time in years, XRP is trading without the shadow of regulatory ambiguity. This has led to renewed interest from both retail and institutional investors who had previously kept their distance due to compliance concerns. According to CoinMarketCap, XRP’s 24-hour trading volume surged by over 40% in the 48 hours following the announcement, indicating a resurgence of market participation.
On-chain data further supports this renewed optimism. Whale transactions—defined as transfers of over 0,000—spiked to their highest levels since early 2021, suggesting that large holders are positioning themselves for a potential breakout. Additionally, social sentiment metrics from LunarCrush show a 65% increase in bullish mentions of XRP across crypto-focused platforms, including Reddit and X (formerly Twitter).
Despite the short-term correction that followed the initial pump, XRP has significantly outperformed many of its Layer 1 peers over the past month. Here’s a quick snapshot of XRP’s recent performance metrics:
- 24-hour change: –1.4%
- 7-day change: –14%
- 30-day change: –1%
- 90-day change: –0.03%
- Year-to-date (YTD): –8.8%
While these numbers might seem discouraging at first glance, they mask a more compelling narrative: XRP has climbed 261.6% from its March 2024 lows, underscoring its resilience and long-term appeal. Analysts argue that the recent dip is more of a consolidation phase than a reversal, especially given the macro context of rising interest rates and liquidity constraints affecting all risk assets.
Adding to the intrigue is the upcoming closed-door meeting by the SEC on April 3, which has sparked speculation around a potential XRP ETF approval. The meeting’s confidential nature has only amplified the buzz, with many in the crypto community interpreting it as a bullish signal. If an XRP ETF is indeed under discussion, it could serve as a massive catalyst, not just for XRP but for the entire altcoin market.
In technical terms, XRP is hovering just below a key resistance level at .60, with support forming around .10. A decisive break above this resistance—especially on strong volume—could pave the way for a run toward the .40 all-time high, and potentially beyond. RSI levels remain neutral, suggesting there’s still room for upward movement before the asset becomes overbought.
Investor psychology is also shifting. The Fear & Greed Index, which had been languishing in the “Fear” zone for weeks, is now inching toward “Neutral,” reflecting growing confidence in XRP’s future. This shift is particularly important in a market that is as sentiment-driven as crypto, where narratives often drive price as much as fundamentals.
Meanwhile, Ripple’s broader ecosystem is benefitting from the renewed interest. XRP Ledger-based projects have reported upticks in user engagement, and DeFi protocols building on XRPL are seeing increased liquidity inflows. These developments point to a revitalization of the XRP ecosystem, one that could further bolster the token’s price trajectory in the months ahead.
All in all, the market’s reaction to Ripple’s legal win has been a mix of celebratory spikes and cautious consolidation. But beneath the surface, investor optimism is building—and with good reason. The stage appears to be set for XRP to reclaim its place among the top-tier crypto assets, especially if the ETF rumors materialize into reality.
Analyst predictions for XRP’s future
With the dust settling from Ripple’s courtroom victory, crypto analysts are sharpening their pencils and revisiting their price models for XRP. And let’s just say—some of the projections are nothing short of eye-popping. The once-beleaguered token is now being eyed as a potential breakout star, with several analysts forecasting a surge toward the mark and beyond, fueled by legal clarity, institutional re-entry, and a possible ETF tailwind.
One of the most bullish voices in the space is popular Twitter analyst Dark Defender, who has been tracking XRP’s Elliott Wave cycles with laser precision. According to his multi-timeframe analysis, XRP is currently in the early stages of a major impulsive wave that could see exponential gains over the next few months. His third-wave target sits between .85 and .07, while the fifth wave—a longer-term cycle peak—could reach a staggering .22 to .20.
“Higher timeframes dominate the smaller ones,” Dark Defender wrote, reinforcing his view that short-term volatility should not distract investors from the larger bullish structure forming on XRP’s charts. He emphasized that the current price action is consistent with the early phases of a breakout, especially as XRP continues to form higher lows and test key resistance levels.
Meanwhile, data-driven platform CoinCodex has issued its own forecast, projecting that XRP may hit .21 by April 15—an 87% increase from current levels. The platform’s model incorporates a blend of technical indicators, historical data, and market sentiment analytics. Although they previously offered a more conservative target of .33 by April 27, the recent legal developments and ETF speculation prompted an upward revision.
Still, CoinCodex cautions that now may not be the ideal time to jump in headfirst. Their latest sentiment report notes:
- Bearish technical indicators persist despite bullish fundamentals.
- Volatility remains high at 5.57%, making short-term trades riskier.
- Fear & Greed Index currently sits at 40—still in “Fear” territory.
That said, the platform also observed that XRP has enjoyed 15 green days out of the last 30, a positive sign for trend reversals. As more investors digest the implications of Ripple’s legal win and the potential ETF approval, sentiment is expected to shift toward the bullish side of the spectrum.
Veteran trader Crypto Rover also chimed in with an optimistic outlook, suggesting that XRP is “primed for a parabolic move” if it breaks the .60 resistance level with strong volume. He highlighted the confluence of bullish signals—including a tightening Bollinger Band squeeze and a bullish MACD crossover on the weekly chart—as indicators that XRP could be gearing up for a major leg up.
Adding fuel to the fire is the growing chatter around an XRP-based ETF. If approved, analysts believe this could act as a major catalyst by:
- Legitimizing XRP in the eyes of traditional investors.
- Unlocking billions in institutional capital.
- Boosting liquidity and reducing volatility.
- Encouraging further integration of XRP in legacy financial systems.
In a recent livestream, crypto influencer “Steph is Crypto” simplified his long-term strategy: “Buy below , sell above .” While the numbers may sound ambitious, his strategy reflects a growing belief in XRP’s potential to become a top-tier digital asset—especially as it regains regulatory clarity and institutional interest.
All eyes are now on the charts, the SEC’s April 3 meeting, and the broader macro environment. While short-term dips and consolidations are part of the game, the long-term trajectory for XRP looks increasingly compelling to both seasoned traders and new entrants alike. If the predictions hold, XRP may not just revisit its previous all-time high of .40—it could shatter it in spectacular fashion.
Potential challenges ahead for Ripple and XRP
Despite the windfall from Ripple’s legal triumph and the buzz surrounding a potential XRP ETF, the path ahead is not without its potholes. In the rapidly evolving world of crypto, regulatory clarification is just one piece of a much larger puzzle. For Ripple and XRP to sustain momentum and justify lofty price targets, several critical challenges must be addressed—some external, others internal.
First and foremost is the lingering uncertainty around global regulation. While Ripple may have scored a win in the U.S., other jurisdictions have not yet offered the same clarity. Markets like the EU, UK, and parts of Asia are still grappling with their own frameworks for digital assets. For XRP to gain widespread institutional adoption, Ripple will need to navigate this patchwork of international compliance standards. Any misstep—or new legislative crackdown—could stall progress or limit XRP’s global utility.
Next up: competition. The blockchain space is fiercely competitive, and while XRP boasts fast settlement times and low fees, it’s no longer the only game in town. New Layer 1 and Layer 2 protocols are emerging with advanced features, greater scalability, and growing ecosystems. Projects like Stellar (ironically co-founded by Ripple’s own Jed McCaleb), Algorand, and newer DeFi-focused chains are all vying for a slice of the cross-border payments pie. Ripple must continue to innovate its technology stack and expand its partnerships to maintain a competitive edge.
There’s also the issue of actual utility versus speculative hype. While the XRP Ledger is technically robust, real-world adoption still lags behind the token’s market cap. For XRP to reach—and sustain—a price point like or beyond, there must be a corresponding growth in usage. That means more financial institutions using RippleNet, more developers building on XRPL, and more real-world use cases like tokenized assets, stablecoins, and decentralized identity solutions going live on the network. Without these, XRP risks becoming a momentum-driven asset rather than a fundamentally grounded one.
Then there’s the elephant in the room: macroeconomic headwinds. Rising interest rates, tightening monetary policy, and global economic uncertainty continue to weigh on risk assets. Crypto markets, including XRP, remain highly sensitive to these broader financial conditions. A sustained bear market across traditional and digital asset classes could dampen investor enthusiasm and delay price targets, no matter how bullish the technicals or sentiment may appear.
Internally, Ripple also faces the challenge of decentralization—or the perception of it. Critics argue that Ripple Labs still exerts too much influence over XRP, particularly through its escrow holdings and network governance. While Ripple has taken steps to address this, including releasing XRP from escrow based on preset schedules, questions about centralization continue to surface. For institutional investors and regulators alike, decentralization is more than a buzzword—it’s a trust factor. Ripple’s ability to further distance itself from XRP’s operational mechanics could enhance credibility and reduce regulatory scrutiny down the line.
Finally, the XRP community itself must remain vigilant. With price predictions flying and influencers calling for parabolic gains, the risk of irrational exuberance is real. Retail investors can be swept up in hype cycles, only to be left holding the bag when the music stops. Education, risk management, and realistic expectations are essential for sustainable growth—not just for XRP, but for the entire crypto space.
Ripple’s legal win is a major milestone, but it’s not the finish line. From regulatory harmonization and increased utility to technological innovation and global economic shifts, the road ahead is filled with both promise and pitfalls. XRP may be poised for a breakout, but staying there will require more than courtroom victories—it will demand execution, evolution, and a bit of luck.