Ripple (XRP) price could be on the verge of a major breakout if the SEC vs. Ripple lawsuit settlement leads to the US government buying $125M worth of XRP

XRP’s price is eyeing a breakout from a classic chart pattern in the near future after Ripple acquired its first-ever license in the Middle East. XRP price chart hints at possible 46% gains XRP (XRP) has been consolidating inside a descending triangle pattern since topping out at its seven-year high of $3.

Ripple’s digital asset XRP has shown strong recovery in recent days, climbing from lows near $1.90 to reach $2.24. This 18% price jump came as market participants grew more confident about the Federal Reserve’s next move. Let’s look at what’s driving this momentum and where XRP might be headed.

Regarding 2025, the XRP price projection is fairly optimistic. The acceptance of an XRP-spot ETF by the SEC has sparked conjecture on the future of XRP. Though Remittix (RTX) is the one to watch in 2025,

XRP has a strong community of supporters and developers and continues to see tremendous potential in Ripple’s technology and products. Despite short-term price fluctuations and a bear market, many analysts believe XRP has a bright future.

XRP price stabilizes above $2.10 while facing a major $297M bearish hurdle at $2.70, even as network activity reaches record highs.

As Ripple's XRP continues to show a strong upward trend, cryptocurrency investors have been humming with delight. XRP, currently priced at $2.92, has increased by an impressive 250% over the previous three months;