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Home CRYPTO

Regulatory Tailwind Lifts XRP: $3 Target in Sight as SEC Uncertainty Fades

by Drop Gorn
April 23, 2025
in CRYPTO, FINANCE, OPINION, RIPPLE XRP
Reading Time: 3 mins read
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  • XRP surged 6% to $2.21 as Bitcoin broke above $92K, fueling broader altcoin momentum.
  • A potential breakout above $2.23 could push XRP toward the $3 mark, backed by an inverse head & shoulders pattern on the charts.
  • Regulatory clarity is improving with Paul Atkins confirmed as the new SEC Chair and XRP spot ETF approval odds rising to 72%, boosting investor confidence.

Ripple’s XRP just caught a serious tailwind—jumping over 6% in the last 24 hours to land around $2.21 during Tuesday’s evening session in North America. The altcoin joined the broader market rally as Bitcoin cracked through the $92K level, a zone that had been acting like a brick wall ever since those U.S.-driven tariff trade wars kicked off. With BTC surging, it’s no surprise confidence is bleeding into the rest of the crypto space.

Oh, and let’s not forget gold’s parabolic push lately—that’s also playing into the rising open interest (OI) across crypto markets. When capital moves, it moves fast.

XRP Eyes $3 – But It’s Not a Done Deal Yet

Technically speaking, XRP’s price chart is starting to shape up in a way that has bulls leaning in. Over the past few weeks, it’s been teasing an inverse head and shoulders pattern, which is one of those classic reversal signals traders love to point at.

With today’s mini pump, XRP is knocking on the door of $2.23—a big resistance level. If the price can confidently close above that zone, we could be looking at a clean path toward $3. Yup, $3. Sounds crazy? Maybe not.

But—and there’s always a but—if XRP can’t hold above that $2.23 level for long, we might see a pullback. Some are pointing to $1.76 as a possible landing zone if things cool off.

Ripple Xrp Price Chart with Technical Analysis

Regulatory Winds Shifting?

Big news out of D.C. today: Paul Atkins got the official nod as the new SEC Chair. That’s a big deal—like, potentially lawsuit-ending kind of big. With the Ripple/SEC drama possibly winding down, XRP’s future is looking way less cloudy.

Also worth noting: betting markets are now putting the odds of an XRP spot ETF approval by the end of 2025 at a spicy 72%. That’s not nothing.

Between regulatory clarity and growing whispers of institutional accumulation, it looks like the XRP crowd is bracing for more than just a relief rally. A full-blown run might be closer than folks think—assuming the charts keep playing nice.

Tags: $XRPETFPaul Atkinsripplesec
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