The U.S. Securities and Exchange Commission (SEC) dropped its lawsuit against Ripple Labs, effectively ending one of the cryptocurrency world’s most prominent legal battles. Despite the dismissal, Ripple must still pay a $125 million fine, as mandated by a prior court ruling. Moreover, both Ripple and the SEC have agreed to drop their respective appeals, including an injunction that had barred institutional XRP sales. This case, which began in 2020, originally accused Ripple of offering XRP as unregistered securities.
XRP Bullish Flag Breakout With EMA Support and Volume Confirmation
On August 9, 2025, the XRP to United States Dollar four-hour chart reveals a textbook bullish flag pattern. This pattern formed after a strong upward rally in mid-July, where the price surged sharply, creating the “flagpole.” Following that move, XRP entered a downward-sloping channel made up of two parallel red lines. This channel represents the consolidation phase of the bullish flag.
The breakout occurred when the price moved above the upper red trendline of the flag. At the time of this analysis, XRP is trading around three dollars and thirty-two cents, marking a nine percent increase from the most recent swing low.
The blue line on the chart represents the fifty-period Exponential Moving Average. This moving average is currently positioned near three dollars and eleven cents, acting as dynamic support. The fact that the breakout occurred while the price was above the fifty-period Exponential Moving Average adds strength to the bullish case, as it indicates that the medium-term trend is still upward.
Trading volume, shown at the bottom of the chart, spiked noticeably during the breakout candle. This increase in volume confirms that the upward move is backed by strong buying interest, not just a temporary price fluctuation.
Using the measured-move technique for bullish flags, the height of the flagpole can be projected from the breakout point. This calculation suggests XRP could climb roughly fifty percent higher from its current level, which would place the potential target near four dollars and ninety-three cents. This target also aligns with a previous resistance area shown on the chart, reinforcing its significance.
XRP Relative Strength Index Near Bullish Threshold
On August 9, 2025, the XRP to United States Dollar Relative Strength Index, set to a fourteen-period close, reads at 63.27 with its signal line at 64.08. This level is just below the commonly watched overbought threshold of 70, indicating that the market is experiencing strong buying momentum but has not yet reached overextended territory.
The RSI has been trending upward from late July, showing a series of higher lows, which reflects building bullish pressure. The indicator’s position above the midpoint of 50 confirms that momentum currently favors buyers. The RSI line also remains above its moving average, signaling sustained strength.
If the RSI pushes toward or above 70 in the near term, it could indicate an overbought condition where short-term pullbacks become more likely. However, as long as the RSI holds in the 60–70 range with upward slope, the momentum can continue supporting the bullish breakout seen on the price chart.
XRP MACD Shows Fresh Bullish Momentum
On August 9, 2025, the Moving Average Convergence Divergence for XRP to United States Dollar, set to twelve, twenty-six, close, shows the MACD line at 0.08721 and the signal line at 0.07569. The histogram is in positive territory at 0.01151, reflecting bullish momentum.
The MACD line has crossed above the signal line in early August, forming a bullish crossover. This is a widely watched signal that often marks the start of a stronger upward trend. The histogram bars have grown taller in green, confirming that buying pressure is increasing.
The current position of the MACD well above the zero line indicates that the trend has shifted firmly in favor of buyers. This aligns with the breakout seen in the price chart and the strength observed in the Relative Strength Index. If momentum continues at the current pace, the MACD could sustain its positive slope, supporting further price advances in the near term.
XRP Balance of Power Indicates Buyer Control
On August 9, 2025, the Balance of Power for XRP to United States Dollar stands at 0.49. This positive reading suggests that buyers are currently exerting greater influence over the market than sellers. The Balance of Power oscillates around zero, with positive values showing buying dominance and negative values reflecting selling control.
Recent fluctuations have been sharp, but the current level near 0.50 reflects a shift toward sustained buying strength. This reading aligns with the recent bullish flag breakout on the price chart, the positive histogram in the Moving Average Convergence Divergence, and the Relative Strength Index trending above 60.
If the Balance of Power continues to hold positive territory and ideally rises toward 1.00, it would further confirm that bullish momentum remains in control, supporting the potential for additional upward movement in XRP.