XRP XRP/USD is stagnating on Wednesday, despite Ripple and the SEC reaching a final resolution, marking a significant milestone for XRP's regulatory clarity.
Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
XRP XRP/USD | $2.38 | $138.9 billion | -3% | -4.1% |
Dogecoin DOGE/USD | $0.1948 | $28.9 billion | +1.4% | +15% |
Shiba Inu SHIB/USD | $0.00001461 | $8.6 billion | +6.4% | +15.4% |
Trader Notes: Crypto traderMartyParty predicts a technical 50% pullback to around $1.60.
Futures market chart trader Peter Brandt notes XRP’s head and shoulders pattern that suggests a breakout above $3.00, with key support at $1.90. If the pattern breaks lower, a measured move to $1.07 could be in play.
Crypto trader Seyma remains bullish, predicting XRP could outperform the broader market and reach $3–$3.24 in the coming weeks.
Crypto trader EuroSniper is short on XRP, expecting a deeper correction before Bitcoin stabilizes.
He will reconsider his stance if BTC reclaims $92,000. He targets the low $80,000s to high $70,000s, aligning with broader weakness.
Community News: In an X post on Wednesday, Ripple's chief legal officer Stuart Alderoty confirmed the SEC has unconditionally dropped its appeal. Ripple will pay only $50 million of the original $125 million fine, with the remaining amount refunded.
The SEC will request the court to lift its previous injunction. The final steps include a Commission vote, document drafting, and court approval.
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