From Cointelegraph
March 21, 2025 4:14 am:

XRP price has surged by nearly 30% in the past two weeks, driven by a crypto market recovery and the end of Ripple’s legal battle with the SEC. The cryptocurrency is forming a bullish continuation pattern, hinting at further gains ahead.

XRP is currently in a symmetrical triangle pattern, a bullish setup that could lead to a 75% rally if the price breaks above the upper trendline. The ultimate target for a breakout is $4.35 by June, while a breakdown could send XRP to $1.28.

Recent positive developments, including the SEC dropping its appeal against Ripple, have boosted XRP’s outlook. The cryptocurrency climbed 7.85% to $2.41 after the news. Bitnomial also dismissed a lawsuit against the SEC before launching CFTC-regulated XRP futures in the US, increasing market activity and liquidity.

Despite these positive events, Ripple still faces legal hurdles, including a restriction on selling XRP to institutional investors. This could limit Ripple’s ability to distribute XRP directly to banks and financial institutions, impacting its utility and market potential.

Read more at Cointelegraph: XRP price chart hints at 75% gains next as SEC ends lawsuit against Ripple