{"id":157417,"date":"2025-05-18T17:00:31","date_gmt":"2025-05-18T14:00:31","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=157417"},"modified":"2025-05-17T21:00:45","modified_gmt":"2025-05-17T18:00:45","slug":"157417-2","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/xrp-prepares-for-next-big-move-as-technical-setup-strengthens\/","title":{"rendered":"XRP Prepares for Next Big Move as Technical Setup Strengthens"},"content":{"rendered":"<p>The token, which recently recovered from prolonged stagnation below $1, is back in focus among analysts who see room for renewed upside\u2014if the right narrative takes hold.<\/p>\n<p>Crypto trader and analyst Scott Melker <strong><a href=\"https:\/\/www.youtube.com\/watch?v=rEXaM7tYcQ8&amp;ab_channel=DavidLin\" target=\"_blank\" rel=\"nofollow\">believes<\/a> <\/strong>that XRP\u2019s past surge was only the beginning. Its momentum, he notes, was largely driven by a key turning point: a court ruling that effectively removed the label of \u201csecurity\u201d from the token. That legal milestone lifted a major overhang and opened the door to institutional interest, including potential inclusion in ETF products and discussions around its use in strategic U.S. digital reserves.<\/p>\n<p>Still, Melker argues that XRP now needs a new catalyst. While the regulatory breakthrough was powerful, lingering uncertainty\u2014such as the unresolved financial penalties in Ripple\u2019s case with the SEC\u2014has capped enthusiasm. A proposed $50 million settlement was recently rejected by Judge Analisa Torres, citing a lack of legal grounds under Rule 60. This decision leaves the final outcome of Ripple\u2019s dispute hanging, potentially delaying investor confidence.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/how-this-crypto-trader-turned-9000-into-millions-in-a-month\/\" title=\"How This Crypto Trader Turned $9,000 Into Millions in a Month\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/05\/maximizing-profit-1-1-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">How This Crypto Trader Turned $9,000 Into Millions in a Month<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Meanwhile, technical analysts are watching XRP\u2019s chart closely. According to market watcher Ted Pillow, the token has broken above a long-standing descending resistance line, forming a strong support base around $2.40. The formation resembles a classic \u201ccup and handle\u201d pattern, which often precedes bullish continuation.<\/p>\n<p>If momentum sustains, XRP could challenge resistance in the $2.90 to $3.00 range. But failure to hold current support may see it dip back toward $2.00.<\/p>\n<p>While the road ahead remains uncertain, XRP appears to be entering a decisive phase\u2014one where market structure, legal clarity, and investor sentiment will collectively determine whether it becomes the next major altcoin to break out.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP may be gearing up for another significant breakout as technical signals align and regulatory pressure continues to ease.<\/p>\n","protected":false},"author":3,"featured_media":102623,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[],"class_list":["post-157417","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - 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