The XRP bulls have returned to control, fed up with the news that the Securities Performance Committee (SEC) had dropped its case against Ripple.
The lawsuit was a major factor in XRP pent -up procedures for years. With the end of the legal battle, analysts see this as a major incentive for growth.
Besides legal victory, technical indicators indicate that XRP is preparing to achieve sustainable gains, and may reach two levels of two numbers.
It is worth noting that the technical analyst Gert Van Laghen sees a major XRP thunderbolt signal for seven years, which indicates the outbreak of $ 38, and said on March 19 x mail.
According to the analysis, XRP successfully wore the neck line to form a huge dual -eventually triangle, which historically precedes explosive communities.
The expectations written by Lagen indicate that XRP had previously formed a similar pattern between 2014 and 2017, which led to the outbreak of his technical goal and doubled. Now, history appears to be more widely.
After years of monotheism, XRP recently re -tested it and confirmed the neckline as support, and it is often a strong indication that the next leg is imminent.
Using the projection of the measured movement, GERT VAN Lagen estimates that the outbreak of XRP may reach at least $ 38. However, if the date is repeated, the ultimate goal may be much higher.
The last time that XRP has appeared in this preparation, it has doubled its expected goal, indicating that $ 38 may be just the beginning of a greater crowd.
If XRP records a record of $ 38, the maximum market will be estimated at $ 2.2 trillion, making it the most valuable digital assets, assuming that Bitcoin (BTC) runs during the same period.
Xrp social feelings mutations
Although the target of $ 38 is ambitious, XRP first must restore the 3 -dollar support zone, which will require the participation of retailers.
To this end, the data shared by the prominent cryptocurrency analyst Ali Martinez on March 19 High XRP feelings on social media rise after the last prices. The growing duct indicates an increased retail interest, and is often a sign of Fomo.
While increasing social participation can nourish short -term marches in the short term and refer to a feverish market, the analyst notes that the latest XRP increase may not be as strong as it seems.
In this case, Data From the onchain cryptocurrency analysis platform Santim He explains that there is no large whale that buys behind the current pump. Instead, the open interest has increased by $ 200 million, indicating that the gathering is driven by the trade learned instead of organic demand.
Watch out! @santimentfeed data shows no big buys from whales in this $XRP pump. However, open interest jumped by $200 million, hinting at a leverage-fueled surge. pic.twitter.com/qZPUtjhvLO
— Ali (@ali_charts) March 19, 2025
Although the leverage can exaggerate the gains, it also increases the risk of sharp corrections if the merchants are pressed. Therefore, investors must monitor the constant purchase pressure to confirm whether this step has a real momentum or is a temporary boom.
XRP price analysis
By the time of the press, XRP has been traded at $ 2.52, which represents a 12 % profit in the past 24 hours. On the weekly graph, the original increased by 14 %.
Currently, feelings about XRP are still ascending despite the fee and greed indicator of 32 (fear). Technical indicators show mixed signals, with a simple moving average for 50 days (SMA) of $ 2.45 sitting slightly less than the current price, indicating short -term support. Meanwhile, SMA for 200 days at a price of $ 1.66 highlights the long -term bullish trend.
Distinctive image via Shutterstock
