XRP Price Outlook After Ripple and SEC Lawsuit Settlement

Updated

April 17, 2025

Gambar XRP Price Outlook After Ripple and SEC Lawsuit Settlement

Jakarta, Pintu News – After nearly four years of legal proceedings with the United States Securities and Exchange Commission (SEC), Ripple Labs has finally agreed to a settlement with the authority. This agreement is considered an important step that paves the way for further development of their cryptocurrency, XRP.

In recent days, the value of XRP has shown positive momentum, signaling a return of investor confidence. This decision is believed to affect the crypto market more broadly, particularly with regards to regulation.

Ripple and SEC agree to pause appeal process

Ripple Labs and the SEC have officially agreed to suspend the appeal process in their legal case. Based on the latest court documents unsealed on April 16, appeals court judge Circuit Judge José A. Cabranes approved the request to temporarily suspend the proceedings. This decision marks a de-escalation of the legal conflict that has been ongoing since 2020.

As part of the deal, Ripple agreed to pay a fine of $50 million or around Rp841 billion. This payment is a strong signal that the company wants to quickly close the legal chapter that has been hindering their business expansion. With less legal uncertainty, analysts see long-term growth potential for XRP in the cryptocurrency ecosystem.

XRP Price Movement Towards a Positive Trend

After the announcement of the settlement, the price of XRP started to show gains and is currently hovering around $2.08. Several technical indicators point to the possibility of further gains. The Donchian channel shows that the price is in a consolidation phase between the lower limit of $1.61 (IDR27,070) and the upper limit of $2.25 (IDR37,345). This consolidation phase is often a precursor to the next big price move.

Another positive signal comes from the MACD (Moving Average Convergence Divergence) indicator, which shows a green histogram and the MACD line breaking the signal line from below. This pattern usually indicates upward price momentum in the short term. If XRP can maintain its position above the midpoint of the Donchian channel ($1.93 or IDR32,483), then there is a strong possibility that the price will break the resistance level at $2.25 and head towards a new target of $2.40 or around IDR40,368.

Potential Impact on Cryptocurrency Market

The settlement between Ripple and the SEC not only impacts the price of XRP, but also sends a positive signal to the crypto market in general. The case previously symbolized the regulatory uncertainty towards cryptocurrencies in the United States. With this legal respite, institutional investors have started to show renewed interest in cryptocurrencies, especially XRP, as an efficient means of cross-border payments.

For Ripple, this is an opportunity to expand its global payment network without legal issues. The integration of XRP into cross-border payment systems could get a bigger boost, especially from financial institutions that previously held back. Price stability also contributes to the increased adoption of Ripple’s blockchain technology in the financial world.

Risk and Uncertainty Remain

Although the current trend tends to be positive, there are still technical risks that investors need to be aware of. If the price of XRP drops below the center line of the Donchian channel at $1.93, then a potential drop to the support level at $1.61 could occur. Selling pressure could emerge if there are no additional fundamental triggers to boost demand.

In addition, although the appeal is temporarily suspended, the legal process is not really over. The SEC is still required to provide a status update within the next 60 days. Therefore, investors are advised to remain cautious in making decisions and keep abreast of regulatory developments that may affect the price of cryptocurrencies such as XRP.

Conclusion

The agreement between Ripple and the SEC opens up new opportunities for XRP and the crypto market in general. Although not fully finalized, this move shows a clearer direction in the regulation of digital assets in the United States. With technical indicators showing positive momentum and market sentiment starting to improve, XRP is well-positioned for the next phase of growth.

Also Read: Will the Ripple vs SEC Case Be Resolved Soon? Check out the Expert Review!

That’s the latest information about crypto news today. Get more information about crypto academy from beginner to expert level only at Pintu Academy and enrich your knowledge about the world of crypto and blockchain.

Follow us on Google News to get the latest information about crypto and blockchain technology. Enjoy an easy and secure crypto trading experience by downloading Pintu Crypto via Google Play Store or App Store now.

Experience web trading with advanced trading tools such as pro charting, various order types, and portfolio tracker only at Pintu Pro. Click Register Pintu if you don’t have an account or click Login Pintu if you are already registered.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference: