XRP Price Drops as Ripple–SEC Case Nears Ruling
The cryptocurrency market faced another volatile week, with XRP slipping alongside other major digital assets. After briefly testing the $2.60 level, XRP pulled back by nearly 6%, reflecting cautious investor sentiment amid ongoing regulatory uncertainty and broader market weakness.
Legal Battle Continues to Dominate Headlines
The long-standing lawsuit between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) remains one of the main factors affecting XRP’s price.
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Traders are closely watching court updates, as a favorable ruling for Ripple could open doors for large institutional investment.
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Analysts note that any hint of settlement could trigger a short-term surge toward $3.20 or higher.
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However, further legal delays might keep XRP trapped in the $2.20–$2.60 consolidation zone.
According to a recent report from FXEmpire, “the countdown to a final decision has increased volatility, with traders positioning themselves for both outcomes.”
Technical Analysis: Support Under Pressure
XRP has been trading below its 50-day moving average, a level often viewed as a short-term bearish indicator.
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Immediate support: $2.35
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Resistance zone: $2.85–$3.00
If bulls fail to hold the $2.35 support, a correction toward $2.00 could follow. On the other hand, closing above $2.85 may signal a fresh bullish phase.
Technical experts from CoinDesk noted that XRP’s chart pattern shows strong consolidation, suggesting that a breakout—either up or down—is imminent.
Institutional Interest and Market Outlook
Despite price pressure, XRP continues to attract institutional attention, especially in the cross-border payments sector.
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Ripple’s partnerships with banks and fintech firms strengthen its long-term use case.
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Analysts at Standard Chartered believe that if regulatory clarity improves, XRP could aim for $5.00–$6.00 by the end of 2026.
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Meanwhile, Citi maintains a more conservative target near $3.50, emphasizing that volatility and legal uncertainty still pose risks.
What’s Next for XRP Investors?
For now, XRP investors are advised to:
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Watch for court updates on the Ripple–SEC case.
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Monitor volume surges, which may signal institutional accumulation.
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Track market-wide sentiment, as broader crypto moves tend to influence XRP’s direction.
While short-term turbulence remains likely, many analysts agree that XRP’s underlying fundamentals and utility-driven use case could help it recover once regulatory clarity is achieved.
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