by aria-ratings.com
July 17, 2025 at 09:16
SEC and Ripple: The Path to $15? Analyzing Recent Developments
The legal saga between Ripple and the SEC continues to unfold, stirring interest in XRP's future.
Recent confirmations have debunked rumors that Ripple would pay its legal fine in XRP, as it has already settled the $125 million penalty in cash.
Despite this settlement, the case is not officially resolved due to ongoing appeals from both Ripple and the SEC regarding specific sales of XRP.
Marc Fagel, a former SEC lawyer, emphasizes that the finalization of the case hinges on both parties withdrawing their appeals.
Currently, Ripple’s XRP has surged in recent weeks, climbing 29% and reaching approximately $3.15, solidifying its position as a top cryptocurrency.
Analysts are now eyeing a possible breakout, with a crucial resistance level at $3.30 that may pave the way for significant gains.
Market sentiment remains bullish, with predictions suggesting an ambitious target of $15 should XRP maintain its upward trajectory.
Investors are urged to stay informed as the final procedural steps could unfold within the next two months.
With XRP showing resilience despite legal challenges, it will be fascinating to watch how the market reacts to future developments.
Ultimately, the Ripple vs. SEC saga could transform the landscape of cryptocurrency regulation and investor sentiment.
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