How High Can XRP Soar if the US Government Joins the Buyers After the Ripple Lawsuit?
XRP’s price could experience a dramatic surge if rumors of US government acquisition materialize following the conclusion of the SEC vs. Ripple lawsuit.
With President Trump’s recent announcement of a digital assets stockpile that includes altcoins such as XRP, ADA, and SOL, speculation is intensifying that Ripple might become the first major altcoin to be included in this government reserve.
The potential settlement of the long-running legal battle, combined with possible government purchases, could create unprecedented momentum for the digital asset.
Settlement and Government Acquisition Prospects
According to crypto reporter Eleanor Terrett, the SEC vs. Ripple lawsuit is approaching its conclusion with a possible $125 million settlement on the horizon. This development coincides with a recent White House statement outlining methods for obtaining altcoins for the digital assets stockpile, including through “civil money penalty imposed by any agency without further executive or legislative action.”
If the US government redirects the settlement funds to purchase XRP tokens, it would mark a historic milestone as the first cryptocurrency directly held in the government’s digital assets reserve. Such an endorsement would likely boost investor confidence and accelerate Ripple network adoption, potentially driving XRP’s price beyond its previous all-time high of $3.40.
AI analysis suggests this governmental purchase could trigger a major bullish breakout, possibly doubling XRP’s current price. Additionally, the resolution of regulatory uncertainty would clear the path for Ripple’s planned IPO, which could fuel another significant rally and potentially push XRP toward the $10 mark – giving it a market capitalization exceeding $580 billion and positioning it as the largest altcoin in the market.
Technical Analysis Points to Breakout Potential
The current price chart for XRP shows signs of bullish momentum as it sees buyers support around $2 and approaches the upper boundary of its descending parallel channel. The technical indicators support this, with the RSI on the rise and the AO signaling increasing bullish strength. Furthermore, buyers are looking for an entry considering the support from $2.
In the case that XRP breaks the $2.50 resistance and stays above the upper trend line of the descending channel, XRP would then target the key Fibonacci retracement levels of $3 and $3.37, which are 78.6% and 123.6% respectively.