The Ripple vs. SEC lawsuit continues to create uncertainty for XRP. Many in the crypto community believe a settlement could boost its price, but legal expert Bill Morgan is cautious. He says the case’s unpredictable outcome is keeping pressure on XRP, making investors hesitant.
Rumors of a settlement have been circulating, but Morgan warns that if the lawsuit drags on or the SEC files an appeal, XRP’s price could struggle. However, with the SEC’s changing approach to crypto regulation, some believe the agency may want to avoid a long legal battle. The big question is when this will happen – April 16th is seen as a key date.
Since the lawsuit began, XRP’s price has been affected, and investors remain cautious.
Despite the legal scoop, Ripple’s Senior VP, Eric van Miltenburg, says the company is growing. He calls the lawsuit “theatre,” suggesting that the real negotiations may already be happening behind closed doors. Miltenburg also points out that XRP’s adoption in the U.S. is rising, proving that the lawsuit has had little effect on Ripple’s expansion. He argues that XRP is not just a digital token but a geopolitical asset with long-term value.
Crypto analysts have different views on how long the lawsuit will last. Experts like MetaLawMan and Jeremy Hogan think it could drag on for months, delaying XRP’s price recovery. Meanwhile, lawyer Fred Rispoli is more optimistic, predicting a resolution by March or April.
Investors are also keeping an eye on political changes in the U.S. and the SEC’s evolving stance on crypto, hoping these factors will speed up a settlement.
XRP is currently trading at $2.28, down 2.19% today. Despite gaining 9.47% over the past week, it’s still 17% lower than last month. Trading volume has also dropped by 12.5%, now at $3.66 billion. While Bill Morgan warns of further downside risks, some analysts remain hopeful. Good Morning Crypto predicts a strong rally in the coming months, with some even setting an ambitious $100 price target for this bull run.
Even with an 8% price dip, many investors see long-term potential in XRP. Ripple’s latest trademark filings and upcoming regulatory changes could help push the price up. If market sentiment improves, XRP could gain momentum again.
Crypto analyst Ali Martinez has pointed out an important technical signal: XRP is forming a head-and-shoulders pattern on the weekly chart. The key support level to watch is $2—if XRP stays above it, it could regain bullish momentum. But if it falls below, a deeper correction may follow.
Whether a settlement happens soon or not, one thing’s for sure—XRP holders are in for a ride.
The case may conclude by April 16, but delays or an SEC appeal could extend it further, keeping XRP’s price under pressure.
XRP has long-term potential, but legal risks remain. Investors should monitor settlement updates and key support levels before deciding.
Bitcoin has crossed $103,000, and JAN3 CEO Samson Mow is making noise. Known for his…
Shiba Inu (SHIB), the internet’s favorite dog-themed coin, is making headlines once again. Over the…
Story Highlights The Virtuals Protocol price today is . VIRTUAL price could reach a high…
StakeStone has teamed up with the Trump family's crypto project, WLFI, to offer cross-chain liquidity…
The U.S. just stumbled on what could have been a breakthrough moment for crypto but…
Brazil’s B3 stock exchange will roll out Ethereum (ETH) and Solana (SOL) futures contracts on…