XRP’s Post-Regulation Bullish Trajectory
According to market analyst Lingrid, XRP is consolidating just below $3.20 after a breakout and $3.00 retest, with higher lows along the trendline reinforcing its bullish structure.
She added, “Holding above 3.20 keeps momentum intact for a move toward the 3.70 target zone. A break above the recent swing high could trigger accelerated gains into the upper resistance range.”
Market analyst Lingrid sees XRP’s current action as a healthy bullish consolidation, noting its breakout, $3.00 retest, and steady formation of higher lows along an ascending trendline, a setup that often signals further upside.
Why does it matter? Well, post-breakout consolidations are bullish when gains hold above key levels. Analysts see $3.20 as the near-term pivot because a firm hold or decisive reclaim could spark fresh buying.
XRP jumped to $3.36 after Ripple and the SEC called it quits, fueled by a 208% surge in volume. Profit-taking has cooled the rally, but solid support at $3.13–$3.15 continues to cap bearish pressure.
Back to the Policy Drafting Table
With the long-running Ripple–SEC saga officially closed, the agency’s leadership is pivoting from litigation to rulemaking.
Chair Paul S. Atkins, responding directly to an X post by Commissioner Hester Peirce, called for moving “from the courtroom to the policy drafting table,” signaling a new regulatory chapter for crypto focused on clear rules over enforcement-by-litigation.
With both sides dropping appeals, Judge Analisa Torres’s 2023 rulings stand as final, leaving a $125 million penalty and a narrow injunction on certain institutional sales. The closure lifts years of legal uncertainty over XRP and the wider token market, with participants and lobbyists seizing the moment to push for clear regulatory guardrails over piecemeal court rulings.
SEC Commissioner Hester Peirce, often nicknamed “Crypto Mom” because she is SEC’s most outspoken pro-crypto voice, hailed the case as “A welcome development for many reasons” on X, casting it as a win for clear, commission-led rulemaking.
She reiterated her critique that regulatory ambiguity forces innovators into costly court battles that stifle progress, a stance that appears to have spurred Chair Atkins’s push to fast-track policy work.
Since his April confirmation, Chair Atkins has steered the SEC toward rulemaking, launching Project Crypto and pledging updates to token classifications, registration paths, and custody standards. The shift, aligned with administration policy and industry calls to reshore innovation, favors predictable regulation over ad hoc enforcement.
Conclusion
Atkins’s reply to Peirce reflects his regulatory stance, clear and predictable frameworks that foster innovation and capital formation while safeguarding investors. Sworn in as SEC chair in April 2025, he has stressed statutory-like guidance for crypto over ad hoc enforcement outcomes.
On the other hand, XRP’s bullish outlook holds if it reclaims $3.20, potentially paving the way to $3.70.
