#Ripple💰

How the SEC-Ripple case and ETF prospects could shape the future of XRP

Cryptos | 04/18/2025 06:30:00 GMT | VERIFIED Translation Read original article

XRP bulls are not ready to give up control of the $2.00 support line, suggesting consolidation before another upward push.

The legal battle between the SEC and Ripple is approaching its final resolution, with the approval of a joint motion to pause appeals in the case.

The crypto community anticipates Paul Atkins taking over as SEC chairman and his swift decisions on XRP ETF applications.

XRP faces increasing downside risks below $2, with the RSI indicator stuck below the midpoint and looking towards the oversold region.

Ripple (XRP) consolidated above the crucial level of 2.00$ while trading at 2.05$ at the time of writing on Friday, reflecting a neutral sentiment in the cryptocurrency market. Investors have moderated their expectations amid the trade war waged by U.S. President Donald Trump, which has significantly transformed into a broader trade war between the U.S. and China. XRP bulls have shown resilience despite changing macroeconomic factors, suggesting that a bullish turn is just around the corner.