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Will Ripple Push for Fair Treatment Ignite XRP Price Breakout Soon?

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Will Ripple Push for Fair Treatment Ignite XRP Price Breakout Soon?

Key Insights:

  • Ripple told the court it seeks finality and fair treatment, not to overturn the SEC’s prior rulings.
  • XRP is holding above its weekly EMA ribbons, maintaining strong trend support during the current bull cycle.
  • XRP’s 3-day Bollinger Bands have tightened significantly, suggesting an imminent high-volatility price move.

A recent Ripple filing and XRP price technical pattern are potentially establishing a critical convergence. Additionally, analysts have noted that there is a possibility of a breakout with the aid of key indicators and a shrinking trading range.

Ripple Seeks Finality, Not Reversal of SEC Judgment

Notably, Ripple Labs has submitted a letter to U.S. District Judge Analisa Torres, clarifying its current position in its case with the U.S. Securities and Exchange Commission (SEC). The company emphasized that it is not attempting to overturn any prior rulings. Instead, Ripple stated it is seeking legal finality and equitable treatment in comparison to other crypto-related defendants.

KELLOGG HANSEN TODD
Source: Ripple

In its communication, dated June 17, 2025, Ripple mentioned that its legal proceedings have taken more time compared to the other entities that participated in the related regulatory actions. The company cited concern that a long legal process has kept it in a disadvantaged position, especially now that judgments have already been made.

In addition, Ripple’s legal counsel further explained that resolving the matter without disrupting the court’s prior decisions would enable Ripple to operate without the uncertainty that has lingered for several years.

Moreover, the letter reinforced that the company is seeking closure, rather than any attempt to re-argue the merits of the case. The SEC had previously ruled that Ripple’s XRP sales to institutional clients violated securities laws, while other sales were not considered securities transactions.

XRP Price Strong Technical Support

While legal developments continue in court, XRP price weekly chart has maintained a structurally strong setup. Analyst Steph Is Crypto noted that Ripple’s token has remained above its exponential moving average (EMA) ribbons on the 1-week timeframe.

XRP Price Chart
XRP Price Chart Source: X

Notably, this is often regarded as a key indicator of trend support in longer timeframes. These EMA ribbons, which consist of multiple short- to medium-term moving averages, are currently stacked in an ascending formation.

XRP traded sideways above this support zone for several months before initiating a steep upward move. Historical XRP price action revealed that when the crypto stays above its EMA ribbons to consolidate, it tends to be followed up with a powerful directional move.

Consequently, Steph noted that this structure is a sign of bullish continuation as long as weekly closes remain above the ribbon zone. The upward trend has gained momentum within the past few weeks and caused XRP price to climb far above the two-dollar mark.

Furthermore, this price action is bullish since such positioning above an ascending ribbon can be indicative of continued buyer strength. Nevertheless, the analyst is also keen on corrections in case the asset does not continue to receive this support.

Bollinger Band Squeeze Suggests Volatility Expansion

In addition to EMA strength, XRP price chart on the 3-day timeframe revealed a compression in Bollinger Bands. This technical setup occurs when volatility contracts and the trading range narrows. Such phases typically precede a period of elevated price movement once the band width begins to expand again.

XRP Price Chart
XRP Price Chart | Source: X

Notably, Bollinger Bands are calculated using standard deviations of a moving average and offer information about the volatility. XRP price has been trading in a narrower range of between 2.02 and 2.49. The narrowing has compressed the bands and is normally an indication of a future breakout.

Historically, similar formations on XRP price chart led to large upward moves, as seen earlier in 2025. While the direction of the next move remains uncertain, technical setups of this nature typically result in increased volume and momentum once price action escapes the constricted range.

Disclaimer

This article is for informational purposes only and provides no financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions.

Ronny Mugendi
Written by
Cryptocurrency Journalist

Ronny Mugendi is a cryptocurrency journalist contributing to The Market Periodical. A crypto journalist at CoinGape who has also written for Cryptopolitan, he covers crypto market trends, technical analysis and blockchain and DeFi developments. According to his CoinGape profile, he has four years of professional experience and more than 4,000 published articles, and writes in both English and Kiswahili.

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About this article

PublishedJune 19, 2025 1:11 pm
Last updatedJune 19, 2025 6:59 am
Written byRonny Mugendi, Cryptocurrency Journalist
ReviewedFact-checked by the TMP editorial desk

This report follows our Editorial Policy, Fact-Checking Standards and Code of Ethics. Found an inaccuracy? See Corrections.

Disclaimer. Informational only, not financial advice. Crypto, forex and stocks are volatile, high-risk assets — always do your own research and consult a qualified adviser.

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