XRP Price Sets Sight on $4 as Hopes Rise for End of SEC Lawsuit

The XRP price has dropped 4.25% in the last 24 hours, to trade at $2.92, on a 0.04% decline in the daily trading volume, to $5.57 billion.

XRP Price Gets Legal Tailwind

XRP price has attracted renewed attention as its value steadily holds above $3, nearing the next big target of $4. Much of the optimism comes from the ongoing Ripple versus U.S. Securities and Exchange Commission (SEC) lawsuit, which could finally conclude by mid-August 2025. 

Over the past week, trading volumes spiked as whale investors accumulated XRP, seemingly confident that a regulatory breakthrough is imminent. Ripple’s legal team has already placed a $125 million penalty in escrow, and both Ripple and the SEC are expected to drop their court appeals soon, formally ending nearly five years of courtroom uncertainty.

Anticipation for lawsuit resolution has fueled the XRP price climb, as legal experts and crypto analysts speculate that a formal dismissal would clear the path for wider adoption by banks and payment networks.

This move, coupled with institutional accumulation and steady demand from cross-border payment partners, has kept the XRP price trend strong despite some nervousness in the larger crypto markets.

XRP Price Chart Structure Supports Fresh Rally

The current XRP price chart provides several bullish technical signals that align with on-chain accumulation trends. It is consolidating near $2.92 after an earlier surge that pushed it as high as $3.66. 

One of the most significant signals is the golden cross. Historically, this indicator marks the transition into a sustained bullish phase for major assets, including cryptocurrencies.

Following the golden cross, the XRP price staged a major breakout but has recently entered a pennant consolidation pattern. This pennant follows a strong upward impulse, which is a bullish continuation signal. 

Further upward momentum is likely if XRP price closes decisively above the $3.20–$3.30 area. Immediate resistance is at the chart’s recent swing high near $3.66; a close above this value opens the potential for a test of the symbolic $4 barrier.

XRPUSDT Analysis Source: Tradingview

The Relative Strength Index (RSI) is neutral at 47.96, indicating that XRP is not overbought and has room to climb. The Average Directional Index (ADX) is firm at 31.37, reflecting a strong underlying trend. 

The Moving Average Convergence Divergence (MACD) stays slightly positive, with the fast line (0.0414) above the slow line (–0.0599), showing momentum is again shifting to the upside after the recent consolidation phase.

Importantly, price action is staying well above the key 50-day ($2.70) and 200-day ($2.45) SMAs, confirming broad support for the current rally.

XRP Futures Open Interest Drops After Price Dip

On August 5, 2025, XRP’s futures open interest dropped to $7.54 billion after the price fell from $3.07 to $2.82. This came after XRP hit a recent high above $3.30. The drop suggests many traders closed their positions, likely due to market volatility. 

Both price and futures interest falling at the same time points to less confidence in the short term. XRP had seen strong trading activity in July, but now investors are waiting to see if it can bounce back or if more selling is coming.