XRP Drops 3.3% as Traders Await SEC ETF Decision and Ripple Lawsuit Outcome

XRPUSDT experienced a 3.30% decline over the last 24 hours, with the current price at 2.2035 (Binance data), down from a 24h open of 2.2786. The price movement reflects a combination of profit-taking after recent gains, heightened anticipation around the imminent SEC decision on the XRP spot ETF, and ongoing developments in the Ripple-SEC lawsuit. While whale accumulation and optimism about a potential legal settlement and ETF approval have previously driven prices higher, the latest pullback suggests traders are cautious ahead of these key events, with resistance observed near the $2.20–$2.34 range.

XRP is currently trading with strong liquidity, over $5 billion in 24h volume, and a market capitalization near $136.73 billion. Technical indicators show the RSI at 47, indicating neutral momentum with potential for further movement depending on the outcome of regulatory and legal decisions expected imminently.