XRP price maintains stability above $3 following the close of the Ripple SEC lawsuit. Market analysts attribute this resilience to investor optimism following the case’s resolution and potential Federal Reserve rate cuts. The token rose from $2.78 to $3.10 on Friday, fueled by positive sentiment surrounding a possible September interest rate reduction as mentioned by Fed Chair Jerome Powell at the Jackson Hole symposium. This trend solidified with the Second Circuit Court dismissing the appeals in the Ripple SEC case. This legal victory bolsters investor confidence in Ripple and its XRP token. However, after a surge, XRP retraced slightly, declining 0.76 percent in the last 24 hours to $3. The token dropped by 3.97 percent on the weekly chart despite a strong rebound. 24-hour price fluctuations show bulls remain active and aim for the next bullish target above $3. Market analysts predict that if XRP holds at the $3 level, as suggested by analyst Ali, it could reach $3.60, but there is also potential for further decline to $2.96 or $2.78. 76% of investors are optimistic about the asset’s price growth after the legal victory