- Ripple’s multi-year SEC litigation advances as negotiations target revised injunctions and regulatory clarity, impacting XRP’s price volatility.
- XRP’s technical setup hinges on $2.00 support; a breakout above $2.72 resistance may follow bullish RSI/Stoch divergences.
Ripple Labs’ multi-year legal confrontation with the U.S. Securities and Exchange Commission (SEC) may be nearing resolution, according to sources familiar with ongoing negotiations.
Fox Business reporter Eleanor Terrett reported that discussions between Ripple’s legal representatives and the SEC’s interim leadership under Acting Chair Mark Uyeda are progressing, with both parties seeking to finalize terms.
🚨SCOOP: Two well-placed sources tell me that the @SECGov vs. @Ripple case is in the process of wrapping up and could be over soon.
My understanding is that the delay in reaching an agreement is due to Ripple’s legal team negotiating more favorable terms regarding the August…
— Eleanor Terrett (@EleanorTerrett) March 12, 2025
The SEC’s recent closure of enforcement actions against crypto exchanges like Coinbase and Kraken underscores a broader regulatory pivot toward resolving legacy disputes amid evolving digital asset legislation.
The case, initiated in 2020, hinges on whether Ripple’s institutional sales of XRP constituted unregistered securities offerings. A July 2023 ruling by Judge Analisa Torres reduced potential penalties from $1.95 billion to $125 million and imposed restrictions on XRP sales to institutional investors.
Ripple’s legal team now seeks to amend portions of the injunction, arguing that recent regulatory guidance conflicts with the court’s original mandates. Legal analysts, including James Murphy, speculate that Ripple may strategically prolong negotiations to avoid operational constraints, particularly as the company explores exempt securities offerings or a potential IPO.
Concurrently, XRP’s price action reflects heightened market sensitivity to legal developments. The asset registered a 2% gain midweek, stabilizing near the $2.00 psychological support level after $11.10 million in futures contracts were liquidated within 24 hours.
ETHNews technical analysis suggests that sustained holding above $2.00 could catalyze a breakout from a multi-month rectangular consolidation pattern, with the $2.72 resistance level serving as the primary upside target.
A decisive breach of this zone may propel XRP toward its 2017 all-time high of $3.40, contingent on bullish momentum and favorable macro conditions.
Key momentum indicators, including the Relative Strength Index (RSI) and Stochastic Oscillator (Stoch), currently hover below neutral thresholds but exhibit upward trajectories, signaling waning bearish dominance.
The RSI’s ascent from oversold territory aligns with a potential bullish divergence, while the Stoch’s crossover above its signal line reinforces tentative buying pressure.
The SEC’s recalibrated stance under Uyeda highlights an institutional effort to harmonize enforcement with Congressional policy debates. For Ripple, resolving the case would enable a strategic refocus on cross-border payment solutions and XRP’s utility within decentralized finance (DeFi) ecosystems.
