XRP Price Prediction: $125M SEC Deal Fuels Rebound Toward $2.24 Breakout
Ripple and the SEC are wrapping up one of crypto’s biggest legal battles. In a joint filing to a Manhattan federal court...

Quick overview
- Ripple and the SEC are proposing to dissolve an injunction and release a $125 million civil penalty, pending court approval.
- A favorable outcome for Ripple could facilitate institutional partnerships and regulatory clarity in the crypto industry.
- Following the legal update, XRP experienced a 3.85% decline, but trading volume surged by 58% as traders reacted to the news.
- XRP's technical outlook shows potential for recovery, with resistance levels identified between $2.183 and $2.213.
Ripple and the SEC are wrapping up one of crypto’s biggest legal battles. In a joint filing to a Manhattan federal court, both sides are proposing to dissolve the injunction and release the $125 million civil penalty held in escrow. Ripple would get to keep $75 million and the SEC would get $50 million—pending Judge Analisa Torres approval.
If approved, both sides will ask for a limited remand to the Second Circuit Court of Appeals to formalize the relief. Former SEC attorney James Farrell notes this could be a big step towards Ripple clearing legal hurdles that have been holding up institutional partnerships including rumored IPO plans and re-engagement with banking giants like Bank of America.
This comes as the SEC is shifting towards a more conciliatory approach to crypto enforcement under Chair Gary Gensler. A favorable outcome for Ripple could mean broader industry clarity and regulatory alignment.
XRP Market Reacts With Heavy Volume
After the legal update, XRP dropped to $2.14—a 3.85% decline. But daily volume surged 58% as traders get nervous. While short-term traders got spooked, long-term investors are cautiously optimistic as institutions digest the regulatory shift.
This volume spike suggests traders are positioning for resolution-driven volatility. Hope is that dissolving the injunction means a fresh start for Ripple’s public and private sector plans as the legal clouds lift.
XRP Technical Outlook: Recovery Eyes $2.24
XRP is at $2.153 after bouncing from $2.085. A morning star reversal pattern has formed near the 23.6% Fib level ($2.146), indicating buying interest. MACD histogram is bullish but still needs confirmation.

Resistance is between $2.183 and $2.213, with 50% Fib and EMA clusters as technical ceilings. Break above $2.213 could mean retest of 200-EMA and 61.8% Fib confluence at $2.243-$2.245.
Trade Setup:
- Entry: Above $2.183-$2.213 on strong close
- Stop-loss: Below $2.146* 1: $2.213
- 2: $2.243
- Risk: Moderate; wait for MACD confirmation
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