{"id":59039,"date":"2025-04-14T08:46:04","date_gmt":"2025-04-14T08:46:04","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=59039"},"modified":"2025-04-14T08:46:04","modified_gmt":"2025-04-14T08:46:04","slug":"ripple-v-sec-outcome-xrp-moon-dreams-face-reality-check","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=59039","title":{"rendered":"Ripple v. SEC Outcome: XRP Moon Dreams Face Reality Check"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

Ripple\u2019s lawsuit resolution with the SEC is nearing completion, but some warn it\u2019s already priced in.<\/span>
\nXRP is up almost 30% weekly, as analysts eye a breakout above certain levels that could spark a further rally.<\/p>\n

<\/a><\/span><\/h2>\n

\u2018You Are Already Late\u2019<\/h2>\n

The official resolution of the years-long lawsuit between Ripple and the US Securities and Exchange Commission (SEC) seems just around the corner.\u00a0<\/span>Several days ago, the two parties <\/span>filed<\/span><\/a> a joint motion to hold the appeal and cross-appeal on their case, while the company will not submit its appellate brief <\/span>on April 16<\/span> (as previously expected). <\/span><\/p>\n

This<\/span> wasn\u2019t <\/span>considered<\/span> a big surprise and triggered little-to-no price volatility for Ripple\u2019s native token, XRP. After all, CEO Brad Garlinghouse previously <\/span>announced<\/span><\/a> that the regulator had dropped its appeal against the firm, describing the move as \u201ca resounding victory.\u201d<\/span><\/p>\n

The final agreement now depends on the Commission\u2019s approval and could be just a matter of time. If given the green light, the SEC and Ripple will be able to finalize the settlement terms and close the lawsuit that has been ongoing since December 2020.<\/span><\/p>\n

One X user who recently touched upon the potential end of the case is All Things XRP. They warned<\/a> the community that closing this chapter might not act as a price catalyst for Ripple\u2019s cross-border token:<\/span><\/p>\n

\u201cYou are already late. <\/span>That\u2019s priced<\/span> in.\u201d\u00a0<\/span><\/p>\n

They claimed a substantial rally could occur after other potential developments surrounding Ripple, such as inking important deals with other entities. <\/span>Over the past months, <\/span>there has been<\/span> rising speculation<\/span><\/a> that the company plans to shake hands with Cardano.<\/span><\/p>\n

Most recently, Ripple spent over $1.2 billion to acquire prime brokerage giant Hidden Road, which many analysts believe could be a game-changer<\/a> for XRP\u2019s future price trajectory.<\/p>\n

Another factor that may play a role is the possible approval of a spot XRP ETF in the US, which would enhance the asset\u2019s legitimacy among institutions and perhaps increase their adoption levels.<\/span><\/p>\n

Well-known companies racing to roll out such an investment vehicle include\u00a0Grayscale<\/a>, Bitwise, 21Shares, Franklin Templeton, and others.\u00a0According<\/a> to Polymarket, the product\u2019s odds of seeing\u00a0the light of day before the end of 2025 are just <\/span>south of<\/span> 80%.<\/span><\/p>\n

XRP Price Outlook<\/span><\/h2>\n

Ripple\u2019s native cryptocurrency currently hovers at around $2.12, which represents a solid 28% <\/span>increase on a weekly scale<\/span>.<\/span>\u00a0<\/span><\/p>\n

<\/a>XRP Price, Source: CoinGecko<\/p>\n

Analysts remain optimistic that a further pump could be on the way. Ali Martinez recently assumed that XRP trades within an ascending triangle, with key resistance at $2.22. He <\/span>believes<\/span><\/a> a breakout above that level might ignite a rally to as high as $2.40.\u00a0<\/span><\/p>\n

For their part, CRYPTOWZRD <\/span>suggested<\/span><\/a> that a jump beyond $2.2050 \u201cshould offer a further upside move\u201d and push XRP to $2.33 or higher. On the contrary, the analyst argued that $2.070 is \u201cthe next bearish location.\u201d\u00a0<\/span><\/p>\n

The post Ripple v. SEC Outcome: XRP Moon Dreams Face Reality Check<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR Ripple\u2019s lawsuit resolution with the SEC is nearing completion, but some warn it\u2019s already priced in. XRP is up almost 30% weekly, as analysts eye a breakout above certain levels that could spark a further rally. \u2018You Are Already Late\u2019 The official resolution of the years-long lawsuit between Ripple and the US Securities and […]<\/p>\n","protected":false},"author":0,"featured_media":59040,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-59039","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/59039"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=59039"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/59039\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/59040"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=59039"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=59039"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=59039"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}