Ripple Labs’ legal battle with the U.S. Securities and Exchange Commission (SEC) has reached a resolution that could reshape XRP’s future. The case, centered around allegations that Ripple illegally sold XRP as an unregistered security, concluded with Ripple agreeing to pay a $50 million settlement—less than half of the initial $125 million penalty.
Importantly, Ripple admitted no wrongdoing. This settlement marks a key moment in U.S. crypto regulation, signaling a potential softening in enforcement tone and offering clarity to market participants long wary of SEC actions.
JUST IN: Ripple to Drop its Cross Appeal and Pay $50M Fine, To Settle Lawsuit with SEC!
#XRP pic.twitter.com/vXAR1brynR
— Ajax (@AjaxBTC) March 26, 2025
The agreement has already sparked renewed optimism in the XRP community and is seen as a regulatory green light that could accelerate institutional engagement.
XRP ETF Approval Gaining Traction
With legal uncertainty behind it, speculation is intensifying around the approval of an XRP-based exchange-traded fund (ETF). ETF Store President Nate Geraci has called it “obvious” that a spot XRP ETF will eventually gain approval.
He expects major players like BlackRock and Fidelity to lead the charge, given XRP’s ranking as the third-largest non-stablecoin cryptocurrency by market capitalization.
On-chain sentiment mirrors that outlook. On the crypto prediction platform Polymarket, users assign an 86% probability that an XRP ETF will be approved by the end of 2025. The growing consensus underscores institutional readiness to embrace XRP—provided regulatory clarity is maintained.
XRP/USD Price Action Points to Short-Term Weakness
Despite bullish fundamentals, XRP’s technical setup has turned defensive. The price currently trades at $2.21, down nearly 6% over the past 24 hours.
The recent breakdown from a symmetrical triangle pattern, combined with a bearish engulfing candlestick on the 4-hour chart, confirms downside momentum.
XRP has fallen below the 50 EMA at $2.37 and breached its pivot at $2.31, both now acting as resistance.
- RSI is hovering near 23, signaling deeply oversold conditions.
- Support lies at $2.13, with further levels at $2.01 and $1.89.
- A recovery above $2.31 could ease pressure, but trend bias remains bearish until a close above $2.47.
Traders should monitor for stabilization above support and volume confirmation before positioning for upside. Fundamentally, the long-term case for XRP appears to be strengthening—but near-term, the technical picture suggests caution.
Key Takeaways:
- Ripple settles with SEC for $50 million, boosting regulatory clarity.
- XRP ETF speculation builds, with 86% odds of approval by 2025.
- XRP trades at $2.21; breakdown below $2.31 signals near-term bearish bias.
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The post XRP Price Holding Strong Above Support – Rally to $5 Incoming? appeared first on Cryptonews.
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