$XRP Price Slips After SEC Win – What’s Driving the $12.4B Trading Volume?
XRP #XRP Ripple #CryptoTrading surprised traders this week. Even after a historic legal victory against the SEC the price dipped about 2%, sliding to $3.14 after briefly touching $3.32.
The settlement sparked a massive 208% surge in trading volume, hitting $12.4 billion — but instead of rallying, #XRP saw heavy institutional profit-taking. It’s the classic crypto play: buy the rumor, sell the news.
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Price Movement After the Hype
On Tuesday morning, $XRP spiked to $3.32, but the momentum faded fast. Within 24 hours, it slipped from $3.19 to $3.14. The biggest drop came around 7 PM, when 73.87 million tokens were sold, pushing the price from $3.20 to $3.15.
Still, buyers showed up at the $3.13 support level every time. Late in the day, volume bursts of 3.21 million and 4.45 million hinted that bigger players were quietly buying. Right now, XRP is consolidating between $3.13 (support) and $3.27 (resistance) — not bad considering the news shockwave.
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Regulatory Clarity Arrives
After nearly five years of legal battles, Ripple and the SEC have reached a settlement, dropping all appeals. This finally gives XRP the regulatory clarity it’s been waiting for, opening the door for more institutional investment without compliance fears.
However, even this win can’t shield it from global market pressures — trade tensions, central bank policies, and investor sentiment are still in the driver’s seat.
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What’s Next for Traders?
Right now, XRP is in classic post-news consolidation. The 7 PM selloff looked more like a coordinated institutional move than retail panic. If $3.27 breaks, we could see the next rally. If $3.13 fails, more selling might follow — but that could also create a new buying opportunity for long-term players.
With big-money interest clearly increasing post-settlement, $XRP could still surprise in the coming weeks.