As of July 24, 2025, no major SEC updates on the XRP case have
#Xrp🔥🔥 $XRP #BTC $BTC #xlm $XLM emerged. Rumors suggest ongoing discussions, with speculation about a potential appeal withdrawal, but no official confirmation exists. The chart indicates a bearish trend, with EMAs crossing downward and a price drop to 3.0818, down 3.905%, suggesting caution. Recent web sources hint at legislative progress like the GENIUS Act and possible ETF approvals, yet SEC silence post-July 17 meeting fuels uncertainty. Investors await the July 24 closed meeting for clarity. Monitor x.com for real-time updates, as regulatory outcomes could significantly impact XRP's price trajectory.We’re near support at 3.0000, with resistance at 3.0885. The MACD is flattening, hinting at a potential consolidation or further decline if support breaks. Volume spikes on the drop suggest profit-taking or panic selling.
Trade Plan:
Take Profit (TP): Set TP1 at 3.2000 (next resistance) and TP2 at 3.3000 if bullish reversal triggers.
Stop Loss (SL): Place SL at 2.9500 below support to limit downside risk.
Entry: Consider a short entry near 3.0885 if bearish momentum resumes, or wait for a bounce to 3.1000 for a scalp long with tight SL.