---
title: "Ripple’s Price Underperforms, But Here’s Some Really Good News for XRP"
url: https://diffcoin.com/ripples-price-underperforms-but-heres-some-really-good-news-for-xrp/
description: "XRP has actually underperformed against the likes of ETH, DOGE, SOL, and others."
published: 2025-05-10
updated: 2025-05-10
author: "Mila"
site: "Diffcoin"
---

# Ripple’s Price Underperforms, But Here’s Some Really Good News for XRP

**TL;DR**

- Ripple Labs received some good news this past week from the SEC, but the native token hasn’t really picked up the pace, unlike many of its rivals.
- Now, though, analysts tend to believe that the asset is due for some big gains.

The broader crypto market was revived in the past week as bitcoin finally broke above $100,000 and tapped a new multi-month peak at over $104,000. Many altcoins, such as DOGE, SOL, and HYPE, posted impressive gains, and so did ETH. In fact, Ethereum’s weekly increase stands at over 31%.

At the same time, XRP is also in the green, of course, but its weekly surge stands at just over 9%. On a monthly scale, it has added 21% (impressive, yes) but nowhere near as notable as ETH’s 54% surge or even BTC’s 28% jump.

What’s even more surprising is that the SEC officially filed for a settlement in the legal case against Ripple Labs and wants just a $50 million penalty payment, which is a fraction of the $2 billion it initially asked for.

Nevertheless, XRP still managed to break through an important resistance set at $2.26 and closed well above it on the daily. The short-term target for the asset is at $2.6, said Ali Martinez, who posted an update today with even more good news for XRP’s future price performance.

The analyst with over 137,000 followers on X said the SuperTrend Indicator had just flashed a buy signal for XRP.

> The SuperTrend indicator just flashed a buy signal for [$XRP](https://twitter.com/search?q=%24XRP&src=ctag&ref_src=twsrc%5Etfw)! [pic.twitter.com/I6X7crn1zE](https://t.co/I6X7crn1zE)
> 
> — Ali (@ali_charts) [May 10, 2025](https://twitter.com/ali_charts/status/1921142669838885235?ref_src=twsrc%5Etfw)

Chad Steingraber found some similarities between the current market structure and the events that transpired in January. At the time, XRP’s Open Interest soared to almost $5 billion, and its price skyrocketed from $2.3 to roughly $3.4 within a week. Now, the Open Interest is close to those levels.

> XRP Open Interest building up to $4.6Billion.
> 
> It was last at this level back in January which then sent the price from $2.30 to $3.30 over the course of one week. [pic.twitter.com/Ax0sy93eZS](https://t.co/Ax0sy93eZS)
> 
> — Chad Steingraber (@ChadSteingraber) [May 10, 2025](https://twitter.com/ChadSteingraber/status/1921052499118563813?ref_src=twsrc%5Etfw)

BitGuru noted that XRP had broken out of a double bottom and is “riding a strong uptrend with higher highs.” If it manages to stay above $2.23, which is far below the current price tag of $2.4, it could experience another bullish leg up, they added.

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