XRP has been trading within a narrow range in recent weeks, struggling to break above the $2.25 resistance level. Despite some short-term relief, the cryptocurrency continues to face challenges that make its price action uncertain. While analysts are cautiously awaiting potential price movements, attention is now firmly focused on the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC).
As of May 2025, XRP is still experiencing weak bullish momentum. Despite occasional attempts at upward movement, the asset has been unable to establish a sustained trend. On the price charts, XRP is caught in a downward trajectory, marked by lower highs and lower lows. This bearish divergence, evident on the 3-day and daily charts, has kept XRP on a downward path, much like the broader crypto market, which has seen volatility due to ongoing macroeconomic factors.
At present, XRP is hovering near a crucial support level between $2.15 and $2.17. If this support fails to hold, the price could fall further, with the next key support zone around $2.00 and a weaker support area near $1.95. On the flip side, any positive movement may struggle to push the price above the resistance at $2.35, and a stronger resistance zone exists between $2.45 and $2.50.
One of the most significant factors influencing XRP’s price is the ongoing legal dispute between Ripple and the U.S. SEC. This legal battle has been a defining aspect of XRP’s price action over the past few years, and its resolution—or lack thereof—could have significant ramifications for the token’s future.
June 9, 2025, marks a key date in the case. The SEC is expected to submit a status report on settlement discussions, and speculation is growing that this could be a pivotal moment for Ripple. One analyst has suggested that the SEC might issue a Sunshine Act notice about a week before June 9, signaling an official vote to drop the appeal and lift the long-standing injunction against Ripple. This development could have a major impact on XRP’s price, but the timeline for a possible resolution is tight.
If the SEC does decide to drop the appeal, it could mark the beginning of a new chapter for Ripple, providing clarity and lifting some of the regulatory uncertainty that has weighed on XRP for so long. The market could react positively to such news, with some analysts predicting a 20% price increase for XRP. However, others believe that a sharper rally could occur, with predictions of a possible 3x increase in the event of a favorable court ruling.
As the legal saga continues, XRP’s price prediction remains a mixed bag. On one hand, the resolution of the SEC case could ignite a rally, with many seeing a potential 20% price jump if the legal cloud over Ripple is cleared. On the other hand, some market experts are more cautious, warning that XRP’s price could experience sharp fluctuations or even a sudden price surge, possibly exceeding the 20% mark.
Given the current weak bullish momentum and the technical setup, XRP’s price could either continue to consolidate around the current levels or experience volatility based on legal developments. For now, it’s clear that the market will be closely watching the SEC’s next moves, especially with the June 9 deadline looming.
Traders will be monitoring the following key levels in the coming weeks:
Support Levels: $2.15-$2.17, followed by $2.00 and $1.95.
Resistance Levels: $2.35, followed by a stronger resistance zone between $2.45-$2.50.
A break below $2.15 could lead to further downside pressure, while a break above $2.35 could signal a potential upside breakout. The upcoming legal updates will likely play a critical role in determining XRP’s price direction.
While XRP’s price remains trapped in a tight range, the upcoming legal developments with the SEC could serve as a catalyst for significant price movement. The next few weeks are crucial for Ripple, as the market is eagerly awaiting updates on the legal front. If the SEC opts to drop its appeal, XRP could see substantial gains, possibly pushing the price toward the higher resistance levels. However, until that clarity arrives, XRP will likely continue to face the same struggles it has over the past few months, with its price action hinging largely on the outcome of the ongoing case.
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