XRP surged to an all-time high of $2.57 after the SEC dropped its lawsuit against Ripple.Ripple's CEO confirmed the SEC's appeal withdrawal, causing a rapid increase in Ripple's price from $0.78 to $0.92.Technical indicators suggest a bullish target of $3.20 for Ripple.While the legal battle still raises uncertainties, XRP's price may rebound towards $2.50 and beyond if key levels are maintained.