The XRP price targets 40 % of the collapse like SEC, ripples a common file. star-news.press/wp

Main points:

The price of XRP (XRP) increased by 2 % on June 16 to reach the highest level during the day of $ 2.20, which reflects similar moves elsewhere in the cryptocurrency market.

Traders paid the price to the top despite deepening geopolitical tensions in the Middle East as the optimism surrounding the conclusion of the SEC lawsuit against Ripple and the favorable technology supported by XRP.

The XRP price is restored with the recovery of the encryption market

The upscale emotions were not only exclusive to XRP, as the encryption prices that were also recovered in all fields, which were moved due to the weekly Bitcoin closure that exceeds $ 105,000. BTC increased by 1.7 % a day to trade about $ 107,000 at the time of writing this report.

Related to: Trident Digital to create a XRP wardrobe up to $ 500 million

Eter (ETH) has gained more than 4 % over the past 24 hours for trading over $ 2600. Its rival in layer -1, SOL (Sol) led the gains with a daily increase of 8 % to $ 156. The global market value of encryption increased by 2.2 % to $ 3.34 trillion at the time of writing this report.

This is accompanied by a significant improvement in market morale over the past ten days. The last market decreased the Crypto Fear & Greed index – a measure that tracks “feelings and feelings” around the encrypted currencies – to 61 on June 16 from 71 on June 10, where the price of XRP decreased to $ 2.08.

The index remains in the “Granding” area in 61 after it rose from “neutral” on June 6. Like the relative strength index, this scale indicates a large area of ​​upgrading before entering an arrest or “severe greed”.

Ripping the joint movement that provokes optimism

Renewed optimism surrounding the final decision of the prolonged legal conflict of Ripple with the US Securities and Stock Exchange Committee, providing decisive organizational clarity, will also increase the price of XRP as well.

On June 12 /

🚨 Only in: SEC and Ripple advanced in a joint movement to resolve the irritable matter in their ongoing state.

They also suggested dividing the civil penalty of $ 125 million, as it would reach $ 50 million to SEC and 75 million dollars per ripples. pic.twitter.com/7l5trchz3n

– Cointelegraph (@cointelgraph) June 13, 2025

This is followed by a rejection on May 15 of a similar proposal due to procedural cases, but the request for re -planning addresses these concerns, which raises hopes for a final solution.

Lawyer John Diton expects a 70 % opportunity for Judge Angia Torres to agree. In the June 13 publication on X, Deaton He said:

“There is a 70 % chance that Judge Angia Torres agrees to the proposed settlement, although some legal experts find the arguments of the shared movement less convincing.”

If granted, this will lead to financial relief and clarity to Ripple, which enhances its position on the market and may enhance the demand for XRP.

XRP Price eyes 40 % gains after that

The weekly graph displays XRP (XRP) trading with a decrease wedge, while facing the price of the upper direction line at $ 2.25.

A weekly closure over this area will show that the XRP route towards the Wedge goal at $ 3.12, which represents a 40 % increase from the current price.

Fallen pegs are usually up of upscale reflection patterns, and the unification of XRP indicates within the style direction lines that the upward trend will likely continue. The price also rides above all the main moving averages, which is a major direction sign.

This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.