coinpedia 2025-05-04 03:57:21

XRP Price Prediction After SEC vs Ripple Settlement Update on June 9

The post XRP Price Prediction After SEC vs Ripple Settlement Update on June 9 appeared first on Coinpedia Fintech News XRP is currently trading in a tight range and continues to struggle to break above the $2.25 level. While it’s unclear whether May will bring any strong price movement, some analysts believe June could mark the beginning of a new rally. Attention is now shifting to the ongoing legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple. The next key date in the case is June 9, when the SEC is expected to submit a status report on settlement discussions. According to one researcher, the SEC might issue a Sunshine Act notice about a week before this date. That notice would signal an official vote to drop the appeal and lift the long-standing injunction against Ripple. For those of you who seem to still be tracking the SEC vs Ripple appeal, the next milestone is June 9, where SEC is required to submit a status report of the settlement discussions. I would anticipate SEC will issue a sunshine Act notice 1 week prior to the meeting where they… — Vincent Van Code (@vincent_vancode) May 3, 2025 If this happens, it must be done before June 9 to allow the SEC enough time to finalize court documents. Based on this timeline, the next two to three weeks could be important for XRP. As for the potential impact on XRP’s price, predictions remain mixed. While some expect a rally—possibly a 20% jump followed by a pullback—others say the market could react sharply, and a sudden 3x move isn’t out of the question. XRP Price Analysis XRP continues to show weak bullish momentum, with a long-term bearish divergence still impacting its price movement. On the 3-day and daily charts, the token remains in a downward trend marked by lower highs and lower lows. While there has been some short-term relief, XRP is struggling to maintain upward movement, similar to what is happening with Bitcoin. Currently, XRP is trading near a support level between $2.15 and $2.17. If this support fails, the next key level to watch is just above $2.00, followed by a weaker support area near $1.95. Holding above these levels is important to avoid further decline. On the upside, resistance is seen around $2.35, with stronger resistance between $2.45 and $2.50.

Наиболее читаемые новости

Deribit Targets US Expansion Amid Trump’s Cry...
2025-05-04
Cardano (ADA) Eyes a Strong Bounce Past $3.50...
2025-05-04
OKX CEO Defends Exchange Amid Justin Sun Free...
2025-05-04
TRUMP and MELANIA Meme Coins See Massive Sell...
2025-05-04
Enso To Unlock Unichain’s Potential With One-...
2025-05-04
Bitcoin and Gold Powerful Tools for Investors...
2025-05-04
Vice President JD Vance defends Trump’s AI Po...
2025-05-04
Official Trump (TRUMP) Plunges by 14% as Bitc...
2025-05-04

Связанные новости

Прочтите Отказ от ответственности : Весь контент, представленный на нашем сайте, гиперссылки, связанные приложения, форумы, блоги, учетные записи социальных сетей и другие платформы («Сайт») предназначен только для вашей общей информации, приобретенной у сторонних источников. Мы не предоставляем никаких гарантий в отношении нашего контента, включая, но не ограничиваясь, точность и обновление. Никакая часть содержания, которое мы предоставляем, представляет собой финансовый совет, юридическую консультацию или любую другую форму совета, предназначенную для вашей конкретной опоры для любых целей. Любое использование или доверие к нашему контенту осуществляется исключительно на свой страх и риск. Вы должны провести собственное исследование, просмотреть, проанализировать и проверить наш контент, прежде чем полагаться на них. Торговля - очень рискованная деятельность, которая может привести к серьезным потерям, поэтому проконсультируйтесь с вашим финансовым консультантом, прежде чем принимать какие-либо решения. Никакое содержание на нашем Сайте не предназначено для запроса или предложения