On June 16, Ripple Labs and the SEC jointly requested the U.S. Court of Appeals (2nd Circuit) to pause the appeals process, awaiting a pivotal district court decision by August 15, 2025 . The district court is expected to decide whether to approve a revised settlement—slashing Ripple’s fine from $125 million to $50 million and lifting the injunction on XRP . A win could mark the end of the SEC lawsuit, with both sides likely requesting remand.
Market Reaction & Technical Outlook
XRP jumped ~7–8 %, touching $2.34 before retreating to around $2.21–$2.23 following the news . Derivatives traders have piled in, with open interest surpassing $4 billion—a bullish signal . Technically, XRP has rebounded off its 200‑day EMA and is nearing a breakout above $2.60 resistance. A decisive close past $2.60 could open the path toward $4.50, though a drop below the 200‑day EMA (~$2.00) might see it revisit $1.93 support .
Outlook Until August 15
Expect volatility in the short term—especially as investors react to rumors ahead of Judge Torres’s ruling. If the motion passes, XRP may surge. If delayed or rejected, pressure could intensify. Watch the $2.60 level for near-term direction.$XRP #FOMCMeeting
