Ripple’s Legal Pause Fuels ETF Frenzy – Is $3 XRP Now on the Horizon?

Ripple just caught a significant break in its long-running fight with the SEC, and it’s got the XRP community buzzing. A new court decision has paused the SEC’s appeal, buying Ripple more time and shifting the spotlight toward a possible settlement. That’s big news, not just for Ripple, but for the growing excitement around a potential XRP ETF. Things are looking up with the SEC reportedly backing down on key parts of the case, and Ripple possibly keeping a chunk of its original fine. Still, despite the legal win, XRP Price dipped slightly, reminding everyone that the road from legal clarity to market rally isn’t always smooth.

ETF Speculation Builds as Settlement Nears

The timing of this legal pause couldn’t be more interesting. Ripple’s legal team might soon file a joint motion with the SEC to adjust the court’s earlier ruling, which could officially clear the path for institutional use of XRP. That would be a game-changer. ETF heavyweights like Grayscale, Bitwise, and Franklin Templeton have already shown interest, filing applications in anticipation of a future XRP ETF. Some legal experts even believe XRP could beat other altcoins to launch its own spot ETF. But until approval is granted, investors are playing it cautiously, waiting for real moves rather than just headlines.

Bitcoin Stays Steady, but XRP Grabs the Spotlight

While Bitcoin held its ground above $84K in the face of rising U.S.-China trade tensions, XRP’s momentum is coming from a very different place: its courtroom progress. Unlike broader macro concerns affecting BTC, XRP’s potential rally hinges on developments in the Ripple legal battle and growing ETF possibilities. It’s a rare moment where legal news could shift the narrative completely. With so much at stake, let’s dive into recent XRP price action and what the indicators are telling us about where things might be headed next.

XRP Price Action Analysis of April 17th, 2025

The XRP Price on a 5-minute chart shows a clear evolution in market structure. Initially, the price moved within a descending trading range of $2.05 and $2.09 marked by a downward channel, where each attempt at recovery was capped by resistance. This phase exhibited persistent bearish sentiment until a sharp breakout near the lower bound, which transitioned the price into a more neutral zone. After breaking out of the descending range, XRP price entered a sideways phase, oscillating between a well-defined resistance around $2.13 and support near $2.06. RSI during this period frequently entered oversold regions, supporting bullish reversals. MACD indicated momentum shifts with recurring golden and death crosses, reflecting short-term volatility and indecision.

Chart 1, Analyzed by Alokkp0608, published on April 17th, 2025

As the chart progressed, XRP formed a rising channel from the support zone of $2.06, suggesting a potential bullish reversal. The price made higher lows, reaching a point of $2.10 while testing the resistance zone multiple times, but failing to break above it decisively. RSI stabilized around the midline, showing neither overbought nor oversold conditions recently, indicating consolidation. MACD has shown a recent golden cross near the current price, aligning with upward price action. The support level has held firm multiple times, validating it as a strong base for accumulation. Momentum appears to be gradually shifting towards bulls.

XRP Builds Steam as Legal Win Sparks Investor Optimism

Ripple’s courtroom break is doing more than just stirring headlines; it’s bringing a real sense of optimism back to the XRP community. With talk of a settlement gaining traction and XRP ETF buzz heating up, traders are starting to pay closer attention. The charts are beginning to reflect that shift, too. Support is holding firm, momentum is slightly bullish, and indicators like RSI and MACD suggest something might be brewing. While Bitcoin reacts to global trade tensions, XRP is riding its unique wave, one powered by legal clarity from the Ripple legal battle and future ETF possibilities. If this trend holds, XRP could be gearing up for a real breakout in the days ahead.