The XRP price has climbed to $2.19 following a powerful public endorsement from Ripple CEO Brad Garlinghouse, reigniting bullish momentum and investor confidence. In a bold and symbolic move, Garlinghouse revealed an XRP-themed tattoo featuring a planet, commemorating the landmark July 13, 2023 court ruling that brought critical legal clarity to the digital asset. Beyond the visual statement, he declared he is “100% committed” to the project—emphasizing long-term dedication with a message interpreted as “1000% loyalty.”
This gesture resonated deeply within the XRP community. Influencers and analysts alike praised the authenticity of the act, noting that such a personal commitment from a high-profile executive is rare in the crypto space.
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Digital Asset Buy, a respected voice in the cryptocurrency ecosystem, highlighted that a Harvard MBA-educated executive getting a permanent tattoo tied to XRP signals genuine belief—not marketing theatrics. It reflects a deep conviction in Ripple’s future and the utility of its native token.
Key Highlights:
- Brad Garlinghouse affirms “1000%” loyalty to XRP
- Tattoo symbolizes legal victory and long-term vision
- Community sentiment surges in response
These actions have not only boosted morale among XRP holders but also clarified Ripple’s strategic direction as it transitions beyond years of regulatory uncertainty.
Ripple Withdraws Appeal, Closing Chapter on SEC Lawsuit
The optimism surrounding XRP intensified when Garlinghouse confirmed Ripple is officially withdrawing its cross-appeal in the long-running legal battle with the U.S. Securities and Exchange Commission (SEC). This move paves the way for the SEC to drop its remaining appeal, effectively concluding a saga that began in December 2020 over allegations of unregistered securities sales worth over $1.3 billion.
Garlinghouse stated, “We’re closing this chapter once and for all,” signaling a decisive pivot from litigation to innovation and global expansion.
While the court upheld a $125 million penalty for institutional sales of XRP—far below the SEC’s original $2 billion demand—Ripple’s legal team views this as a strategic win. Stuart Alderoty, Ripple’s General Counsel, emphasized that avoiding prolonged legal entanglement allows the company to focus on product development and market growth.
Legal Resolution Summary:
- Ripple drops cross-appeal; SEC expected to follow
- Final penalty: $125 million vs. initial $2 billion ask
- Regulatory uncertainty significantly reduced
This outcome strengthens XRP’s position as a compliant digital asset with real-world utility. With clearer regulatory footing, Ripple can now accelerate its initiatives in cross-border payments, central bank digital currencies (CBDCs), and decentralized finance (DeFi) integrations—all powered by XRP.
Technical Outlook: XRP Breaks Key Resistance, Eyes $3+
From a technical perspective, XRP has broken out of a multi-week descending triangle pattern, reclaiming bullish momentum above $2.19. The price structure now shows a series of higher lows, supported by an ascending trendline originating from the June 21 low near $1.92.
The breakout was confirmed by a bullish engulfing candlestick pattern and sustained trading above the 50-period Exponential Moving Average (EMA) at $2.15. This level now acts as dynamic support.
The MACD histogram is turning green, with both lines diverging upward—a classic early signal of strengthening bullish momentum. Traders are watching key resistance levels at $2.27, $2.33, and $2.40 as potential targets for the next leg up.
Trade Setup:
- Entry: Long position above $2.20
- Target 1: $2.27 (near-term resistance)
- Target 2: $2.336 (intermediate upside)
- Stop-loss: Below $2.155 (protects against false breakout)
XRP remains technically robust above the $2.15 reversal zone. Investors eyeing a move toward $3.50 will need to see sustained volume-backed momentum above $2.40. A weekly close above this level could unlock further upside driven by renewed institutional interest.
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These terms reflect high-volume queries from investors seeking clarity on price trends, regulatory developments, and leadership sentiment.
Frequently Asked Questions (FAQ)
Will XRP ever hit $3?
Yes, many analysts believe XRP can surpass $3—especially if Ripple continues expanding its global payment solutions and gains broader institutional adoption. With legal overhangs largely resolved and technical indicators turning positive, a move above $3 becomes increasingly plausible in 2025 if market conditions remain favorable.
What does Brad Garlinghouse’s tattoo mean?
Garlinghouse’s XRP tattoo symbolizes his personal and professional commitment to the project. It commemorates the July 13, 2023 court decision that ruled XRP is not inherently a security when sold to retail investors—a pivotal win for regulatory clarity in the crypto industry.
Is the Ripple vs SEC case over?
Effectively, yes. While some procedural steps may remain, Ripple’s withdrawal of its appeal signals the end of active litigation. The $125 million settlement marks a compromise, but one that allows Ripple to operate freely without ongoing legal threats in the U.S.
What is driving the current XRP price surge?
The rally is fueled by a combination of factors: strong leadership sentiment (Garlinghouse’s 1000% loyalty statement), resolution of regulatory uncertainty, technical breakout patterns, and growing confidence in XRP’s role in cross-border finance.
Can XRP reach $10 in the future?
While speculative, reaching $10 would require massive adoption of RippleNet by banks and governments worldwide, along with significant demand for XRP as a liquidity tool. Most current forecasts remain conservative, focusing on $3–$5 range targets by 2026 under optimistic scenarios.
How does XRP differ from other cryptocurrencies?
Unlike proof-of-work coins like Bitcoin or general-purpose smart contract platforms like Ethereum, XRP is designed specifically for fast, low-cost international payments. It settles transactions in 3–5 seconds with minimal energy use, making it ideal for financial institutions seeking efficiency.
Final Thoughts
The convergence of legal resolution, executive confidence, and technical strength paints a promising picture for XRP’s future. With Ripple shifting focus from defense to innovation, and market sentiment strongly aligned with growth, the path toward $3—and potentially beyond—appears within reach.
As always, investors should conduct due diligence and consider macroeconomic trends alongside project-specific developments.
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