XRP may be on the brink of one of its biggest breakthroughs of the year, possibly even for the entire 2025 cycle. The asset is trying again to break through the upper boundary of its long-term downward trendline. However, this time, the situation looks different after months of consolidation and repeated rejections at major resistance levels.
Since hitting its lows in mid-April, XRP has climbed steadily, pushing above the 50, 100, and 200-day EMAs. These moving averages now act as strong support levels, which could help the price rise. Currently, XRP is trading around $2.29.
A Shift in Market Sentiment
This shift in XRP’s movement is also reflected in the triple crossover of the 50, 100, and 200-day EMAs, which often indicates a positive change in market sentiment from mid- to long-term. A setup like this is typically a sign of a bullish trend. While this alignment usually comes before strong continuation moves, the real test for XRP is yet to come. Just above the current price level, the upper trendline dates back to the highs seen in February, which could prove to be a key resistance point.
SEC and Ripple Request 60-Day Pause for Settlement
The XRP legal battle, which began in December 2020, started after the SEC accused Ripple of selling XRP as an unregistered security. Since then, the case has expanded into a broader discussion on how cryptocurrencies should be classified in the U.S. Ripple has consistently argued that XRP is a digital asset, not a security.
After over four years of legal proceedings, both the SEC and Ripple have asked the court to pause their appeals and cross-appeals for 60 days. This delay is meant to “conserve judicial and party resources while the parties continue efforts to reach a negotiated resolution,” as stated in the court filing.
XRP Price Pulls Back to $2.29
As of April 30, 2025, XRP is trading at $2.29, with a 24-hour trading volume of approximately $2.97 billion. The price has experienced a slight decline of 2.63% from the previous close, indicating a modest pullback after recent gains. Analysts suggest that the market has largely priced in expectation of a positive resolution in Ripple’s ongoing legal matters.
Ripple Settlement Could Set Key Crypto Precedents
A settlement in the Ripple lawsuit could resolve the case and set important precedents for U.S. crypto regulation. Ripple is expected to pay a reduced fine of around $50 million, down from the SEC’s original $125 million proposal. This outcome may help Ripple rebuild institutional relationships and expand its U.S. operations, particularly with major partners like Bank of America, while ensuring Ripple’s ledger remains compliant for cross-border payments.
Final Thoughts
XRP is at a key moment, showing strong potential for growth in 2025. The recent price movement, backed by solid support from moving averages and a shift in market sentiment, points to a positive outlook. While challenges remain in breaking through key resistance levels, the outlook for XRP is promising, with the potential for further price increases. As the market continues to evolve, XRP’s position could strengthen, benefiting from a more favorable environment for digital assets.
