XRP price fails to fly after SEC dropped case: these catalysts could ignite a rally

XRP price remains under bear pressure despite the high expectations after the US Securities and Exchange Commission (SEC) dropped its long-standing legal battle against Ripple Labs. The XRP coin, a staple of the XRP ledger, saw a brief surge of over 12% to $2.57 following the XRP SEC news, only to slip back to $2.38 at press time on March 21. This lacklustre performance has puzzled investors who anticipated a stronger rally for Ripple XRP after years of uncertainty tied to the XRP lawsuit. While the resolution of the XRP SEC saga was a significant milestone, the XRP price today suggests that other forces are keeping the cryptocurrency grounded—for now. The XRP SEC lawsuit conclusion The initial excitement surrounding the XRP lawsuit’s conclusion was palpable. Since 2020, the SEC has accused Ripple Labs of conducting an unregistered securities offering, casting a shadow over the XRP crypto market. When Ripple XRP news broke that the SEC would drop its appeal, the XRP chart reflected an immediate bullish response. However, that momentum quickly faded. Analysts attribute this to profit-taking and market consolidation, as traders cashed out gains after the XRP price spike. Despite the positive XRP news, the failure to sustain higher levels hints at a need for stronger catalysts to push the XRP price beyond its current range. XRP chart reveals a symmetrical triangle pattern Market sentiment around XRP crypto is a mixed bag. Traders are showing bullish tendencies by snapping up call options, betting on a rise in XRP price. Yet, negative funding rates signal caution, hinting at bearish undercurrents. The XRP chart’s key support at $2.2653 is under scrutiny—if breached, it could trigger a trend reversal and sour the XRP SEC victory buzz. This bullish backdrop could give Ripple XRP a lift, though the XRP price today seems to be in a cooling-off phase, gathering strength for its next move. From a technical standpoint, the XRP chart reveals a symmetrical triangle pattern forming, a setup that often signals a big move ahead for the XRP coin. Amonyx @amonbuy · Follow $XRP BREAKOUT TO $20+ IMMINENT 12:08 PM · Mar 20, 2025 2.2K Reply Copy link Read 213 replies If the XRP price today breaks above the upper trendline, experts predict a potential rally to $4.35 by June—a 75% jump that would electrify Ripple XRP enthusiasts. Conversely, a slip below the lower trendline could see the XRP price tumble to $1.28, a scenario that would dampen the optimism surrounding Ripple XRP news today. With XRP crypto testing critical levels as of March 21, 2025, the coming weeks will be pivotal for the XRP ledger’s native token. Catalysts that could ignite an XRP price rally Several developments could spark a much-needed rally for XRP price. One major piece of XRP news is the launch of CFTC-regulated XRP futures by Bitnomial on March 20, 2025. Bitnomial @Bitnomial · Follow 🚀 XRP futures are here! 🚀Bitnomial is launching the first-ever CFTC-regulated $XRP futures in the U.S. — physically settled for real market impact. Plus, we’ve voluntarily dismissed our case against the SEC as regulatory clarity improves. 6:40 PM · Mar 19, 2025 4.5K Reply Copy link Read 97 replies This move could draw institutional interest to XRP USD derivatives, boosting liquidity and legitimizing the XRP coin in traditional finance circles. Ripple XRP is also expanding its ecosystem with the Ripple USD (RLUSD) stablecoin, aiming to rank among the top five stablecoins by year-end. Such growth could solidify the XRP ledger’s utility and drive demand for the XRP crypto. Speculation about a spot XRP ETF is another hot topic in XRP news today. With 18 filings currently before the SEC and Ripple’s CEO hinting at a possible approval by mid-2025, an ETF could unlock significant capital inflows for Ripple XRP. Amonyx @amonbuy · Follow 💥JUST IN: 18 XRP ETF FILINGS NOW SUBMITTED TO THE SEC.SEND $XRP TO $20+ 🚀 2:53 PM · Mar 18, 2025 3.5K Reply Copy link Read 126 replies Imagine the impact on XRP price if institutional investors gain easier access to the XRP coin through regulated markets—it’s a game-changer many are watching closely. On top of that, the XRP ledger has seen a surge in activity, with active addresses hitting a record 627,000, the most since April 2023. Ali @ali_charts · Follow $XRP network lights up! Nearly 627,000 active addresses. The most since April 2023. 11:33 AM · Mar 21, 2025 198 Reply Copy link Read 10 replies This uptick in engagement suggests growing adoption, a factor that could stabilize XRP price and fuel larger upward moves. In the end, while the XRP lawsuit’s resolution hasn’t yet propelled XRP price to new heights, the stage is set for potential fireworks. The launch of XRP futures, the RLUSD stablecoin push, ETF speculation, and record network activity are all catalysts that could ignite a rally for the XRP coin. For now, XRP news today paints a picture of a cryptocurrency at a crossroads—poised for a breakout but not without risks. Investors eyeing the XRP chart will want to stay vigilant, as the next chapter for Ripple XRP could redefine its place in the crypto world. The post XRP price fails to fly after SEC dropped case: these catalysts could ignite a rally appeared first on Invezz