Ripple Wins Case, But XRP Struggles Below Resistance
The Most Important Points at a Glance
Ripple has achieved a legal victory against the U.S. Securities and Exchange Commission (SEC). However, the XRP price remains below key resistance levels and shows only limited gains. The number of active addresses in the XRP network is slowly increasing, but a strong influx of new investors is absent.
XRP Price Remains Subdued Despite Legal Victory
Although Ripple secured a positive outcome in its legal battle with the SEC, the market reaction remained muted. XRP briefly reached a high of $2.43 but then dropped back to around $2.38.
From a technical perspective, the price is above the 50-day moving average ($2.33) but remains below the 200-day moving average ($2.52). A sustained breakout above this level has yet to occur. If XRP fails to reclaim the $2.50 mark, the price could enter a renewed downtrend.
On-Chain Data Shows Slow Growth
According to data from CryptoQuant, the number of addresses in the XRP Ledger has risen to 6.7 million. This indicates continued long-term interest but without a sudden influx of new market participants.
The moderate growth in on-chain activity suggests that while regulatory clarity is positive for XRP, it has not yet triggered a strong market movement. Many investors appear to be taking a wait-and-see approach.
What’s Next for XRP?
For XRP to initiate a stronger upward movement, the price must sustainably surpass the $2.50 mark. Otherwise, the sideways movement could continue.
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The increasing number of addresses provides a solid foundation, but without a rise in active users or trading volume, short-term price gains remain limited. In the long term, it remains to be seen whether investors view XRP as a hedge or a short-term speculation.
Our Assessment
Ripple has achieved an important legal victory, but the market reaction remains subdued. Technical resistance levels and cautious investor sentiment are currently preventing significant price gains. The growing number of addresses indicates long-term interest, but in the short term, strong buying pressure is lacking. The key factor will be whether XRP can surpass the $2.50 mark to unlock further upside potential.
| Symbol | XRP |
| Coin type | Alt Coin |
| Transaction Speed | High |
| Pros |
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| Cons |
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| Further practical applications | |
| Price | $2.43 |
| 24h % | -0.83 % |
| 7d % | 6.18 % |
| 30d % | -5.94 % |
| 60d % | -22.84 % |
| 1y % | 285.82 % |
| Official Links | Website |
| Socials | X |
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