Bulls Hold $130B Market Cap as Settlement Buzz Heats Up – Crypto News – Crypto News
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Bulls Hold $130B Market Cap as Settlement Buzz Heats Up Bulls Hold $130B Market Cap as Settlement Buzz Heats Up

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Bulls Hold $130B Market Cap as Settlement Buzz Heats Up – Crypto News

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2 months ago

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XRP is once again back in focus as rumours of a potential Ripple-SEC settlement swirl through the crypto space. With sentiment turning cautiously bullish, XRP’s market cap is holding above $137 billion, even as broader price action remains range-bound. All eyes are now on the June 4–6 window, with traders speculating that this could be the catalyst XRP needs to break out.

At the time of writing, XRP is hovering just above $131.55 billion in market capitalisation, attempting to regain momentum after a turbulent May. The token has bounced off its recent lows, but momentum remains muted, and for good reason. With no official news from Ripple or the SEC yet, traders are front-running the possibility of a surprise update.

Why XRP Is Gaining Attention Again

  • Settlement chatter is back. Multiple sources have hinted at possible movement in the Ripple-SEC case. While nothing is confirmed, the market is clearly positioning for a headline.
  • Analysts target big numbers. One high-profile crypto analyst has reignited the long-standing call for $100 per XRP by 2026, calling the current structure “primed for liftoff.”
  • June 4–6 has been flagged as a key window. Some in the community believe important filings, internal updates, or market-moving statements could occur during this window, and price action is responding.

XRP Market Cap & Technical Snapshot

  • Support zone around $120–125B has held firmly since late May
  • RSI currently at 46.71, slightly below neutral, showing hesitation
  • MACD still negative, though the histogram is flattening, hinting that downside pressure may be fading
XRP Chart Analsis Today 4

Despite low volatility today, the structure suggests bulls are quietly accumulating. A confirmed push above $145–150B could flip sentiment entirely and open the door for a retest of the year’s highs near $180B.

What Happens Next?

Traders are watching the next 48 hours closely. If no news breaks from Ripple or the court, XRP may drift sideways or even fade. But if a settlement update does land, even a partial one, expect a fast repricing across crypto exchanges.

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Still, caution is warranted. The token has been here before. Hype can unwind quickly if expectations aren’t met. For now, the bias is neutral to bullish, but without confirmation, bulls are running on speculation.

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