#XRP 🚨

The XRP case is still ongoing; if we look at the current XRP price on the 1-day time frame, it is in a downtrend, having touched a price of $1.9, possibly due to the results of the hearing on June 15-16.

It may drop further to take the second trend line at a price of $1.7; I cannot predict if it touches the second trend line, whether it will break out upwards again chasing its ATH or create a new ATH.

🚨Here is the news about #Xrp🔥🔥

1. SEC Status Report Deadline: June 15–16, 2025

Both parties requested a 60-day postponement in the Appeals Court (Second Circuit). The SEC is required to submit a status report regarding the settlement or continuation of the case on June 15 (sometimes referred to as June 16).

2. **Court Hearing/Ruling on June 26, 2025

The judge in the district court (Judge Torres) denied the joint request from Ripple and the SEC to lift the injunction and reduce the fine from $125 million to $50 million. This decision was made on June 26, 2025, not at the beginning of the year.