XRP Surges 10% as Analysts Predict $3 Breakout Amid Legal Optimism

SAN FRANCISCO, Calif. — XRP, the cryptocurrency tied to Ripple Labs, surged 10.04% over the weekend, marking its largest single-day gain this year and sparking optimism among analysts and investors. The digital asset climbed to $2.6, with some experts predicting a potential rally to $3 or higher.

Veteran chart analyst Peter Brandt highlighted a bull flag pattern breakout on XRP’s daily chart, signaling a strong upward trajectory. Brandt, previously cautious about XRP, now calls it “the leader of the pack” and projects a short-term target of $3.4. “The breakout confirms what many had expected: XRP is poised for a significant rise,” Brandt said in a tweet.

Whale activity has also bolstered confidence in XRP’s future. Analyst Ali Martinez noted increased short-selling at the $2.60 level, while Whale Alert reported the transfer of 24 million XRP from Upbit to an unknown wallet. Such movements are often interpreted as bullish signals.

Market optimism is further fueled by the ongoing Ripple–SEC lawsuit, with expectations of a settlement or favorable resolution. Legal experts, including Marc Fagel and Jeremy Hogan, speculate that incoming SEC Chair Paul Atkins may not appeal recent case developments, potentially clearing the way for Ripple’s growth.

Technical indicators support the bullish outlook. XRP’s break above a symmetrical triangle and its surge past the 8-day simple moving average have triggered buying activity. The Average True Range (ATR) of 0.1777 indicates increased volatility, while an ADX reading of 15.48 suggests strengthening momentum.

However, analysts caution that XRP must maintain support above $2.50 to sustain its bullish trajectory. A drop below this level could invalidate current patterns and trigger a trend reversal.

Ripple CEO Brad Garlinghouse has expressed optimism about the company’s future, particularly in the U.S., following a recent meeting with President Trump. Additionally, speculation about a potential XRP ETF approval has grown, with analysts like Nate Geraci suggesting it could cement the cryptocurrency’s place in mainstream finance.

With a bullish technical outlook, favorable legal developments, and growing investor confidence, XRP is positioning itself for a strong rally in 2025. Some projections estimate its market cap could reach $502 billion by then, potentially setting new all-time highs.