Breaking! XRP vs SEC Case Comes To An End - Analyst Predicts $40 Soon

Key Takeaways

Ripple (XRP) CEO Brad Garlinghouse officially confirms that the XRP vs SEClawsuit of over 5 years has ended.

Crypto experts hint at a $40 XRP price as the price attempts to break above the weekly inverted head-and-shoulders pattern.

XRP price gains more bullish price action following its settlement with SEC as XRP gains more hype.

Over five years of legal battles between the US Securities and Exchange Commission (SEC) and Ripple (XRP), the US SEC has agreed to drop all charges as this has come as a huge boost to the Ripple (XRP) ecosystem and the project following an official statement by Ripple’s (XRP) CEO, Brad Garlinghouse.

This is it – the moment we’ve been waiting for. The SEC will drop its appeal – a resounding victory for Ripple, for crypto, every way you look at it.

The future is bright. Let's build. pic.twitter.com/7WsD0C92Cm
— Brad Garlinghouse (@bgarlinghouse) March 19, 2025

Brad Garlinghouse, in his post on X, identified this as a huge milestone for the crypto community and the XRP ecosystem as this would open the opportunity for better growth and mass adoption in the coming months and years, ending his statement, let’s build.

This news led to a major breakout for XRP tokens. The price broke its key resistance above the high of $2.5, and it looks ready for a major rally in the coming days. The price could attempt to break above a key resistance of $3.

Crypto Community Reaction To Ripple (XRP) Settlement

The win for Ripple (XRP) has come as a huge advantage for many crypto projects, paving the way for other projects to fight to the end and not back down, following the example of XRP with the assurance of gaining victory.

Currently, the Trump administration favors the crypto industry, and proposing better policies for many crypto projects could see the industry bloom as expected and more attention shift back to the US as many projects would be coming through the states as more focus will be made to ensure the US remains the hub of cryptocurrency.

Many analysts and personalities have expressed the current victory as a victory for the crypto market and paved the way for the price of XRP to reach its highs based on speculation in recent weeks and months.

$XRP [2W] is set to continue its bull market parabolically after bouncing off the neckline of this 7-year-old Double Bottom / Ascending Triangle, targeting at least $38.

Last break out of lesser caliber brought price twice its parabolic target, so this is very conservative. pic.twitter.com/acgv0ow7dl
— Gert van Lagen (@GertvanLagen) March 19, 2025

Gert Van Lagen, in his X post, suggests the price of XRP is on the verge of a 7-year breakout with a similar breakout in the last bull market that led to twice its parabolic move, and he expects this time not to be different with a more conservative price target of $40 from his analysis.

Breakout and close on the weekly chart forming what looked like an inverted head and shoulder by XRP price could see a parabolic move for this crypto asset into a high of $5 and beyond.

Short-term XRP Price Analysis

Source – XRP Breakout After SEC Settlement From TradingView

A close for XRP above $2.5 resistance could see its price rally toward a high of $3, acting as resistance. The price is expected to clear this after long weeks of trading in the downtrend. Current settlement news would catalyze the price to the nearest high as investors and whales would be looking to accumulate XRP.

The current market sentiment for XRP is bullish, and we could see higher price points in the coming weeks.