$XRP Price Drops — But Analyst Warns: SEC Case Resolution Is Not Priced In ⚠️
📉 Current Price Action
$XRP is trading around $2.95, facing downward pressure amid broader market uncertainty.
But according to crypto analyst Zach Rector, investors are ignoring a key catalyst: the nearing resolution of the SEC vs Ripple lawsuit — a legal battle that’s been dragging on for nearly 5 years.
📅 August 15: A Critical Date for $XRP
On August 15, Ripple and the SEC must file court updates regarding the appeal status.
Legal experts believe this could trigger the final phase of the case — possibly ending in full resolution.
Even former SEC attorney Marc Fagel has noted that the appeal process is nearing its conclusion.
That means: regulatory clarity might finally be coming.
💭 Community Skepticism = Market Disconnect
Despite the approaching deadline, many XRP holders remain doubtful.
Rector calls this disbelief a “market disconnect” — where the price doesn’t reflect the massive potential impact of legal closure.
He sees this as a rare accumulation opportunity before the sentiment shift.
⚖️ From Uncertainty to Clarity: What’s at Stake?
Since 2020, the SEC lawsuit has overshadowed XRP’s growth.
Though a 2023 ruling stated XRP is not a security on secondary markets, the broader legal debate — especially over institutional sales — continues.
👉 If appeals are dropped, XRP could finally operate without legal baggage, opening doors for big money to enter.
🚀 Can XRP Really Hit $10–$20?
Rector believes two catalysts could send XRP into a bullish breakout:
1. ✅ SEC case resolution
2. ✅ Potential approval of an XRP ETF
Combined with renewed retail and institutional interest, XRP could hit $10–$20 within 12 months.
But that depends on:
📈 Strong institutional flows
📈 General crypto market recovery
📈 Retail participation
