🚨Ripple settlement victory, yet $XRP plummets! Is $2.50 an insurmountable barrier? 😱

The SEC lawsuit against Ripple ends! Last week, the SEC withdrew the lawsuit and reached a settlement: Ripple pays a $50 million fine, abandons the counterclaim, and the judge's injunction is lifted. Chief Legal Officer Stuart Alderoty revealed: the SEC unconditionally dropped the case, Ripple abandoned the counterclaim, and the $125 million fine is reduced to $50 million (cash held in an interest-bearing account), with the remainder refunded, and the court will lift the injunction, pending voting and procedures. Despite the legal victory, XRP's price remains unchanged, still failing to break $2.50.

Price analysis: When will XRP rise? The 3-day chart shows a bearish divergence, momentum is weak, and it is consolidating between support at $2.24-$2.30, $1.95-$2.05 (recently $2.36) and resistance at $2.56, $2.65-$2.80, and $3. Crypto World analyst Josh states a neutral short-term outlook, while Steph is Crypto points out that XRP has broken a multi-year bull flag, indicating potential bullishness, but currently shows weakness in both directions, with neither significant gains nor losses. Will XRP reach $3? Stay tuned!