#TrumpVsMusk 📉 XRP Update: SEC Silence Weighs on Price
XRP slipped below $2.25 on July 5 as the SEC remained silent on its pending appeal in the Ripple case. Ripple dropped its cross-appeal on June 27, but the SEC hasn’t reciprocated. Investors are now eyeing the next SEC closed-door meeting, scheduled for July 10, hoping for an official update .$BTC
Despite dropping, XRP still retains optimism. The U.S. court ruling on programmatic sales and Ripple’s withdrawal of its own appeal leave the SEC with a choice: follow suit or risk prolonged legal uncertainty. Until there's a definitive announcement, XRP will likely remain stuck in the $2.20–$2.30 trading band .