XRP Poised for Major Move as Ripple’s SEC Case Ends, Analysts Eye $10 Target by 2030
XRP is gaining traction among investors following last week’s dismissal of the U.S. Securities and Exchange Commission’s (SEC) long-running lawsuit against Ripple Labs, a development that could redefine the token’s trajectory.
The resolution has fueled optimism in the XRP community, with analysts projecting a potential surge to $10 by 2030. Key drivers behind this bullish outlook include regulatory clarity, the expansion of Ripple’s RLUSD stablecoin, and the possibility of a Ripple Labs initial public offering (IPO).
Ryan Lee, a strategist at Bitget, pointed out that a breakout from the current trading range of $2.35 to $2.55 could trigger a significant move in either direction.
“Short-term targets range between $2.00-$2.17 on the downside and $2.65-$3.00 on the upside,” Lee noted. “Longer-term forecasts suggest XRP could reach between $4.20 and $10+ by 2030 if Ripple successfully drives adoption in payments, though $2.50 remains a key level to watch for the next decisive move.”
Lee also highlighted that the SEC’s retreat and potential XRP ETF approvals could support a medium-term range of $1.50 to $5.89. However, technical indicators paint a mixed picture, with a neutral Relative Strength Index (RSI) and a bearish Moving Average Convergence Divergence (MACD) signaling potential consolidation.
The RSI, a momentum indicator, gauges whether an asset is overbought (above 70) or oversold (below 30), while the MACD tracks price trends through moving average crossovers to indicate shifts in momentum.
Nick Ruck, director at LVRG Research, observed that XRP’s relatively stable price action amid recent crypto market turbulence suggests growing bullish sentiment.
“XRP has shown resilience during the broader market selloff and has the potential to continue climbing, though macroeconomic pressures and U.S. tariffs could dampen momentum,” Ruck stated.
Speculation around a potential Ripple IPO is also adding to the bullish sentiment, with CEO Brad Garlinghouse recently hinting that a public listing remains a possibility, further fueling investor interest in XRP’s long-term prospects.
