XRP Price Prediction After SEC Lawsuit: Expected Highs and Lows for …

XRP experienced a significant surge on Wednesday, jumping nearly 14% to around $2.56, following the news that the U.S. Securities and Exchange Commission (SEC) had dropped its four-year legal battle against Ripple Labs. Ripple CEO Brad Garlinghouse’s announcement of this development was met with widespread acclaim in the cryptocurrency community and resulted in a substantial increase in XRP trading volume, spiking by 90% in the past 24 hours according to CoinPedia.
The dismissal of the lawsuit has offered much-needed clarity regarding XRP’s regulatory status, potentially opening doors for broader institutional adoption of the cryptocurrency. In his statement at the Digital Assets Summit in New York, Garlinghouse expressed his relief, stating, “The system just feels broken,” adding that there were no victims or investor losses as a result of the lawsuit.
This positive news has had an immediate impact on the market, fostering optimism about XRP’s future role in global payments. Analysts have put forth varying predictions for XRP’s value on March 19, 2025, with estimates ranging from a low of $2.17 to a high of $2.71, indicating considerable potential for growth in the coming days.
Besides the legal victory, other factors are contributing to XRP’s price movements. Technically, XRP has broken a crucial descending resistance trendline established at the beginning of the year, signaling potential for further upward momentum. Analysts at CoinPedia have highlighted the successful retest of XRP’s critical 200-day exponential moving average (EMA), a bullish indicator for the cryptocurrency’s future performance.
On the price front, immediate resistance levels for XRP on Wednesday are marked at $2.38 and $2.71, while key support levels stand at $1.99 and $1.81 respectively. Despite short-term fluctuations, XRP continues to play a vital role in cross-border financial transactions, boasting partnerships with industry giants like Santander, SBI Holdings, and American Express.
Looking ahead, XRP’s integration into mainstream financial infrastructure may gain momentum following the resolution of the SEC lawsuit, as institutions now have clearer regulatory guidance. However, challenges lie ahead with competition from stablecoins and emerging central bank digital currencies, alongside the broader impact of the cryptocurrency market dynamics on XRP’s trajectory.
To navigate this changing landscape effectively, investors and traders need to carefully monitor fundamental developments and technical indicators to make informed decisions about XRP’s price outlook in the days ahead. Stay updated on the latest stock movers and trading ideas on Benzinga India’s Telegram channel to stay ahead in the fast-paced cryptocurrency market.