coinpedia
2025-03-26 03:53:56

Ripple Settles, XRP Slumps: Price Fails To Capture $2.50 Despite Legal Win

The post Ripple Settles, XRP Slumps: Price Fails To Capture $2.50 Despite Legal Win appeared first on Coinpedia Fintech News Big news coming out of the SEC vs. Ripple case—it’s officially over! Last week, the SEC dropped its appeal, and now a final resolution has been reached. Ripple will pay a $50 million fine and it has also agreed to drop its cross-appeal, and the judge’s earlier injunction will be lifted. Ripple’s Chief Legal Officer, Stuart Alderoty, shared the following update: Last week, the SEC agreed to drop its appeal without conditions. Ripple has now agreed to drop its cross-appeal. The SEC will keep $50M of the $125M fine (already in an interest-bearing escrow in cash), with the balance returned to Ripple.” “The agency will also ask the Court to lift the standard injunction that was imposed earlier at the SEC’s request. All subject to Commission vote, drafting of final documents and usual court processes,” he added. While this marks a legal victory for Ripple, the XRP price has failed to react to the news. Despite the settlement and legal win, XRP remains stuck below the $2.50 mark. XRP Price Analysis: Rally When? Looking at XRP’s price action, the chart still shows signs of a larger bearish divergence. On the 3-day time frame, this divergence remains active, hinting at a lack of strong momentum either way. The price is mostly bouncing sideways, trading between key support and resistance levels. According to analyst Josh of Crypto World, in the short term, XRP is bouncing between support levels ranging from $2.24 to $2.30 and $1.95 to $2.05, with recent support found at $2.36. As for resistance, the price faces short-term resistance at $2.56, with higher resistance levels between $2.65 to $2.80, and around $3. Crypto analyst Steph is Crypto also shared a chart showing a very bullish future for XRP– a breakout from a multi-year bull flag pattern. I don’t even want to give you this #XRP price target You’re definitely not bullish enough.. pic.twitter.com/twrWpzIrbr — STEPH IS CRYPTO (@Steph_iscrypto) March 24, 2025 At the moment, XRP’s price is lacking momentum in either direction. It’s neither overly bullish nor bearish and remains relatively neutral in the short term.

Crypto 뉴스 레터 받기
면책 조항 읽기 : 본 웹 사이트, 하이퍼 링크 사이트, 관련 응용 프로그램, 포럼, 블로그, 소셜 미디어 계정 및 기타 플랫폼 (이하 "사이트")에 제공된 모든 콘텐츠는 제 3 자 출처에서 구입 한 일반적인 정보 용입니다. 우리는 정확성과 업데이트 성을 포함하여 우리의 콘텐츠와 관련하여 어떠한 종류의 보증도하지 않습니다. 우리가 제공하는 컨텐츠의 어떤 부분도 금융 조언, 법률 자문 또는 기타 용도에 대한 귀하의 특정 신뢰를위한 다른 형태의 조언을 구성하지 않습니다. 당사 콘텐츠의 사용 또는 의존은 전적으로 귀하의 책임과 재량에 달려 있습니다. 당신은 그들에게 의존하기 전에 우리 자신의 연구를 수행하고, 검토하고, 분석하고, 검증해야합니다. 거래는 큰 손실로 이어질 수있는 매우 위험한 활동이므로 결정을 내리기 전에 재무 고문에게 문의하십시오. 본 사이트의 어떠한 콘텐츠도 모집 또는 제공을 목적으로하지 않습니다.