{"id":180121,"date":"2025-06-13T04:02:10","date_gmt":"2025-06-13T04:02:10","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/180121\/"},"modified":"2025-06-13T04:02:10","modified_gmt":"2025-06-13T04:02:10","slug":"xrp-faces-key-sec-deadline-will-prices-break-2-38-or-fall-below","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/180121\/","title":{"rendered":"XRP faces key SEC deadline &#8211; Will prices break $2.38 or fall below&#8230;"},"content":{"rendered":"<ul>\n<li>XRP traded sideways as investors await a key SEC court update.<\/li>\n<li data-start=\"15\" data-end=\"89\">Futures Open Interest stayed high; traders were positioned despite low volume and muted momentum.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/ambcrypto.com\/category\/xrp-ripple-news\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener\">Ripple [XRP]<\/a> is treading water as the community braces for the next twist in Ripple Labs\u2019 legal clash with the U.S. SEC.<\/p>\n<p>With a critical court deadline fast approaching, investor sentiment remains cautious, caught between regulatory clarity and potential further delays.<\/p>\n<p>As the case nears another inflection point, XRP\u2019s muted price action says a lot about the market\u2019s wait-and-watch mode.<\/p>\n<p><strong>Volume drops, but OI holds firm<\/strong><\/p>\n<p><a href=\"https:\/\/ambcrypto.com\/decoding-xrps-climb-lths-hold-tight-all-eyes-on-this-price-level\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener\">XRP\u2019s<\/a> spot volume has cooled significantly from its December highs, hovering at $5.09 billion at press time \u2013 a contrast to the $70B+ spikes seen during previous surges.<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-12-145547.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-500932\" class=\"wp-image-500932 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"XRP\" width=\"1747\" height=\"391\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-12-145547.jpg\"\/><\/a><\/p>\n<p id=\"caption-attachment-500932\" class=\"wp-caption-text\">Source: CoinGlass<\/p>\n<p>Yet, Futures Open Interest remains elevated at $4.14 billion, so traders aren\u2019t backing down.<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-12-145558.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-500933\" class=\"size-full wp-image-500933\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"XRP\" width=\"1703\" height=\"387\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-12-145558.jpg\"\/><\/a><\/p>\n<p id=\"caption-attachment-500933\" class=\"wp-caption-text\">Source: Coinglass<\/p>\n<p>This is a market quietly bracing for volatility, likely tied to the impending SEC litigation.<\/p>\n<p>While price remains range-bound, the steady leverage exposure implies conviction, either for a breakout or a breakdown.<\/p>\n<p>In short, sentiment is split, but positioning is anything but flat.<\/p>\n<p>All eyes on the SEC<\/p>\n<p data-start=\"59\" data-end=\"641\" data-is-last-node=\"\" data-is-only-node=\"\">With a court-imposed deadline looming, the SEC is expected to update the Court of Appeals on its settlement talks with Ripple by the 16th of June, a potential turning point in the multi-year legal standoff.<\/p>\n<p data-start=\"59\" data-end=\"641\" data-is-last-node=\"\" data-is-only-node=\"\">Since Judge Analisa Torres <a href=\"https:\/\/x.com\/FilanLaw\/status\/1923075612299649405\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\">denied<\/a> the agency\u2019s bid for an indicative ruling, progress has stalled.<\/p>\n<p data-start=\"59\" data-end=\"641\" data-is-last-node=\"\" data-is-only-node=\"\">Yet, the SEC\u2019s pattern of last-minute filings keeps markets on edge. A withdrawal of the appeal could dramatically boost XRP\u2019s regulatory standing and revive ETF hopes.<\/p>\n<p data-start=\"59\" data-end=\"641\" data-is-last-node=\"\" data-is-only-node=\"\"><a href=\"https:\/\/polymarket.com\/event\/ripple-etf-approved-in-2025\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\">Polymarket odds<\/a> reflect that optimism, pricing in an 88% chance of ETF approval by year-end.<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-12-150347.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-500936\" class=\"size-full wp-image-500936\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"XRP\" width=\"1188\" height=\"666\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-12-150347.jpg\"\/><\/a><\/p>\n<p id=\"caption-attachment-500936\" class=\"wp-caption-text\">Source: Polymarket<\/p>\n<p>XRP tests mid-band as momentum stalls<\/p>\n<p>XRP hovered near the midline of its Bollinger Bands, showing signs of consolidation after failing to break above the upper band resistance.<\/p>\n<p>The price at press time \u2013 $2.25 \u2013 suggested a weakening bullish momentum, with the RSI at a neutral 49.23: neither oversold nor overbought.<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/06\/XRPUSD_2025-06-12_15-07-05.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-500942\" class=\"size-full wp-image-500942\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"XRP\" width=\"1570\" height=\"844\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/06\/XRPUSD_2025-06-12_15-07-05.png\"\/><\/a><\/p>\n<p id=\"caption-attachment-500942\" class=\"wp-caption-text\">Source: TradingView<\/p>\n<p>Volume remained subdued at 16.05 million, reinforcing the market\u2019s indecisiveness ahead of the SEC update.<\/p>\n<p>If buyers regain control and push past $2.38, a retest of $2.60 becomes likely. Conversely, a drop below $2.10 could trigger further downside.<\/p>\n<p>For now, XRP is trading cautiously.<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\tNext: <a href=\"https:\/\/ambcrypto.com\/ethereum-whales-buy-back-at-higher-prices-is-it-conviction-or-fomo\/\" rel=\"prev noopener\" data-wpel-link=\"internal\" target=\"_blank\">Ethereum whales buy back at higher prices \u2013 Is it conviction or FOMO?<\/a>\t\t\t\t\t\t\t\t\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"XRP traded sideways as investors await a key SEC court update. Futures Open Interest stayed high; traders were&hellip;\n","protected":false},"author":2,"featured_media":180122,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[52,51,16,15],"class_list":{"0":"post-180121","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-ambcrypto","9":"tag-business","10":"tag-uk","11":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114674070074842319","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/180121","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=180121"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/180121\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/180122"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=180121"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=180121"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=180121"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}