Anticipated Movement in XRP's Value as Ripple vs SEC Lawsuit Heads Toward its Conclusion
In the world of cryptocurrency trading, the digital asset XRP is currently facing a critical test as it attempts to break through the $3 resistance level. According to trader CasiTrades, this level is not just a simple hurdle, but a potential trap that XRP must clear in order to signal a renewed strength in its price movement.
Resistance Levels to Watch
The current resistance targets for XRP, as outlined by CasiTrades, are $3.21 and $3.41. The initial breakout point, however, is at $2.96. XRP needs to climb above and stay above this level to indicate a return of strength, after which the next key resistance levels to watch would be $3.21 and $3.41. These levels could come into play if upward momentum picks up.
Historical and Fibonacci Resistance
The $2.96 level, which corresponds to the 0.382 Fibonacci retracement, has proven to be a strong resistance point, capping bullish attempts for almost 20 hours. Further resistance above $3.21 and $3.41 aligns with Fibonacci and historical resistance levels.
Longer-Term Projections
In a broader view of XRP’s resistance, if XRP can reclaim over $3.50 after surpassing $3.21, a breakout toward $3.61 and ultimately $3.82 could be feasible. This was suggested by CasiTrades back in July 2025, reflecting longer-term upside potential.
Current Market Situation
As of now, XRP is trading around $3, reflecting a 1.8% increase in the last 24 hours. Despite repeated attempts, buyers have not yet broken through the $3 resistance, and the asset is trading in a very narrow range between $2.96 and $3.
Support and Indicators
There is strong support at $2.915, which matches the 0.5 Fibonacci retracement. The RSI on smaller timeframes is showing bullish divergence, suggesting that sellers may be losing strength. Buyers have been actively protecting the $2.915 support level.
Market Context
The Ripple SEC case is nearing its conclusion, which traders are also watching closely for potential impacts on XRP's price. Such tight trading ranges in crypto often suggest a big move could be coming soon. The market cap of XRP is currently $178 billion.
It's important to note that this article does not provide any new information about the Ripple SEC case or any new support levels for XRP. Additionally, there is no mention of any breakdown in the overall market trend, or any new ATH (All Time High) prediction for 2025, nor any long-term projections for XRP beyond 2025.
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