This article discusses the positive developments in Ripple's legal battle with the SEC and analyzes the bullish outlook for XRP. The author notes that XRP entered the breakout phase of its triangle pattern on January 11, with a price target estimated at $4. Independent analyst World of Charts predicts that XRP could reach this level in the next couple of days. However, there are concerns about XRP retreating towards the lower trendline, which would invalidate the bullish breakout. The article also mentions Ripple's recent win in securing the ability to file certain documents under seal in its legal dispute. The SEC faces a deadline to file its appeal-related opening brief, and some anticipate a shift in the agency's crypto policy under incoming Chair Paul Atkins.
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