Ripple gained a decisive boost this week after resolving its long-running legal dispute with the U.S. Securities and Exchange Commission. Both parties agreed to drop appeals, confirming that XRP transactions on public exchanges do not qualify as securities. The decision eliminates a key regulatory hurdle and strengthens Ripple’s ability to expand its institutional footprint.
Futures Market Reacts Immediately
Following the legal closure, XRP futures recorded a surge in trading activity. Daily volumes jumped 208% to $12.4 billion, according to market data.
Open interest climbed roughly 15%, reaching between $5 billion and $5.9 billion, with most contracts tilted toward long positions. This activity placed XRP ahead of Solana in derivatives trading volume and underscored renewed institutional appetite.
XRP Ledger Adds Automated Market Maker
Ripple also advanced its technology stack. The XRP Ledger introduced a native automated market maker, enhancing liquidity across the network. The upgrade allows traders to swap assets more efficiently and positions the ledger as a stronger competitor in payments and decentralized finance. Analysts say the addition aligns XRP with real-world financial applications that require deep liquidity.
Attention now shifts to Washington. The SEC faces October deadlines for two spot ETF applications: the Grayscale XRP Trust on October 18 and the 21Shares Core XRP Trust on October 19. Approval would mark a new era for the token by granting retail and institutional investors broader access through regulated financial products.
With legal clarity secured, technological upgrades implemented, and ETF prospects in motion, XRP stands out among major tokens as a potential frontrunner in the next phase of institutional adoption. Analysts now rank it alongside Litecoin and Solana as likely candidates for exchange-traded fund approval.
XRP Chart Forms Bullish Pennant, 73 Percent Upside Target in Play
XRP/USD daily chart dated August 28, 2025, shows the token consolidating inside a bullish pennant pattern. A bullish pennant forms when price surges sharply and then contracts into converging trendlines, often signaling continuation once buyers regain momentum.
The chart highlights XRP trading near $2.99, holding above the 50-day exponential moving average (EMA) at $2.95. The EMA has acted as a key support level during the consolidation phase. At the same time, daily trading volume has declined steadily, which is typical behavior inside a pennant structure. A breakout confirmation usually requires a noticeable increase in volume to validate the move.
The measured move projection from the prior rally suggests a potential 73 percent upside from the current price, placing the target at approximately $5.17. This level aligns with the pennant’s technical target marked on the chart. If volume expands and the price closes firmly above the upper boundary of the pattern, the bullish continuation scenario would gain credibility, pointing to further strength in XRP.
XRP MACD Indicator Signals Weak Momentum
The chart dated August 28, 2025, tracks XRP’s daily MACD (12, 26, close). The Moving Average Convergence Divergence (MACD) compares short- and long-term momentum through two moving averages and a histogram. It signals strength when the blue MACD line moves above the orange signal line and weakness when it falls below.
At present, the MACD line (-0.02158) trades under the signal line (-0.00908) with the histogram showing small red bars. This setup indicates bearish momentum, though the readings are close to the zero line, suggesting a potential shift if the MACD crosses upward.
Earlier in July, XRP registered a strong bullish crossover, confirmed by tall green histogram bars, which supported the rally to recent highs. Since mid-August, momentum has cooled, with the MACD drifting lower. If the MACD line turns upward and crosses the signal line, it could mark a new bullish wave. On the other hand, sustained negative readings below zero would confirm extended weakness in momentum.
In summary: The MACD currently shows slight bearish bias but sits near equilibrium, meaning XRP is at a possible turning point. A bullish crossover with expanding green histogram bars would strengthen the case for another upward move.
XRP RSI Signals Neutral Momentum
The chart dated August 28, 2025, tracks XRP’s Relative Strength Index (RSI, 14 close). The RSI measures the speed and magnitude of price movements on a scale of 0 to 100, with readings above 70 considered overbought and below 30 seen as oversold.
At present, XRP’s RSI sits around 48.86, just below its signal line at 47.65. This zone indicates neutral momentum, showing neither strong buying pressure nor heavy selling dominance. After falling from the overbought region above 80 in early August, the RSI has stabilized near mid-levels, reflecting consolidation in price.
The sideways movement in RSI suggests the market is pausing after a sharp rally earlier in the summer. If the RSI climbs above 55 with volume support, it would imply fresh bullish strength. Conversely, a dip toward 40 or lower would signal renewed downside pressure.
In summary: The RSI points to a balanced market, where XRP has cooled off from prior highs and now trades in a neutral zone, waiting for confirmation of its next directional move.
XRP Balance of Power Shows Bullish Edge
The chart dated August 28, 2025, displays XRP’s Balance of Power (BOP) indicator. This tool measures the strength of buyers versus sellers within each trading session. Positive values above zero reflect buyer dominance, while negative values suggest selling pressure.
Currently, the BOP stands at 0.53, indicating that buyers have gained the upper hand. The reading is notably higher than neutral, which implies accumulation rather than distribution. Over the past year, the BOP has fluctuated sharply, often swinging between positive and negative extremes. This volatility suggests that short-term momentum shifts are common, but the latest positive reading leans in favor of bullish control.
A sustained series of positive BOP values would confirm that demand is outweighing supply, supporting the case for higher prices. On the other hand, if the BOP quickly turns negative, it would signal renewed selling activity and weaken the bullish outlook.
In summary: The Balance of Power suggests XRP is currently experiencing buyer strength, which aligns with the bullish pennant structure visible on the price chart. If this positive bias continues, it could add conviction to the case for an upward breakout.
