MEXCXRP Price Forecast: Ripple Settles With SEC—Is $2 the New XRP Price Floor?
Highlights
- Ripple’s $50 million SEC settlement pauses appeals, significantly easing regulatory pressure and boosting investor confidence in XRP’s future.
- MACD crossover and Donchian Channel support suggest bullish momentum building, targeting a potential breakout above the $2.25 resistance level.
- Cleared legal uncertainty increases institutional interest, positioning XRP for renewed adoption within Ripple’s expanding cross-border payments infrastructure
XRP price is gaining momentum following Ripple’s SEC settlement, with bullish technical indicators pointing to a potential upward breakout.
Ripple Settles With SEC as Both Parties Agree to Pause Appeals
The U.S. Securities and Exchange Commission (SEC) and Ripple Labs have jointly agreed to pause their long-running legal appeal, marking a critical turn in the nearly four-year standoff.
According to newly unsealed court documents dated April 16 and shared by defense attorney James K. Filan, Circuit Judge José A. Cabranes granted the motion to temporarily suspend the appeal process.
The SEC is now mandated to file a status update within 60 days, effectively pressing pause on the courtroom drama.
The temporary suspension follows Ripple’s decision to pay a $50 million settlement, signaling a firm move toward regulatory closure. With this legal overhang potentially fading, XRP is poised for renewed institutional interest and broader integration into Ripple’s growing payment infrastructure.
XRP Price Forecast: Eyeing a Recovery Toward $2.25
XRP price forecast leans moderately bullish as the digital asset hovers near $2.08, with technical indicators hinting at a potential breakout. The Donchian Channel signals compression between support at $1.61 and resistance at $2.25, indicating a consolidation phase that often precedes directional moves.
Notably, Ripple price has recently closed above the midline of the Donchian Channel, suggesting growing buyer interest.
Momentum supports this narrative. The MACD histogram has flipped green with increasing bars, while the MACD line has crossed above the signal line, signaling a shift in short-term momentum toward the bulls. This crossover near the zero line often precedes more significant rallies, especially after prolonged bearish phases.
However, downside risks remain if XRP falls below the midline at $1.93. That would expose the lower bound of $1.61. A sustained close above $2.25 could confirm bullish continuation toward $2.40, marking a technical breakout with higher conviction. Until then, XRP trades in a tightening range with bullish bias.
Frequently Asked Questions (FAQs)
1. What is the significance of Ripple’s settlement with the SEC?
2. How does the legal pause affect XRP’s market outlook?
3. What are the bullish indicators for XRP right now?
- Toobit Gets Dual Victory at Blockchain Life Awards 2025
- Crypto Market Crash: Here’s Why Bitcoin, ETH, XRP, BNB, SOL Falling Sharply Today
- MSTR Stock, Strategy’s Unrealized Gains Slip Amid STRE Preferred Shares Offering
- NEAR Intents Blur the Line Between What Humans and AI Can Accomplish
- “Never Had Plans to Sue Binance,” Wintermute CEO Evgeny Gaevoy Confirms
- Is a Pi Coin Price Meltdown Ahead? November’s 2.4% Supply Unlock Sparks Warnings
- Solana Price Eyes Rebound as Institutional Demand Tops $3.2B YTD
- Will Hyperliquid Price Hit $50 After OKX Listing?
- Top 3 Developments That Could Impact Bitcoin Price This Week
- Chainlink Price Eyes $30 Rebound as FTSE Russell Collaboration and Supply Squeeze Fuel Optimism
- Ethereum Price As Stablecoin Volume Hits ATH of $2.82T Despite Struggling Crypto Market- Is a Recovery In Sight?
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
