Judge Torres’ Ruling Stands Firm, Can XRP Price Break Resistance at $2.1627?

    Let’s break down why Judge Torres is unlikely to change her ruling in the XRP lawsuit and what it means for Ripple.

    News Room

    Author by

    News Room

    Updated Apr 05, 2025 8:16 PM GMT+0
    Judge Torres’ Ruling Stands Firm, Can XRP Price Break Resistance at $2.1627?

    As the crypto community eagerly waits for a conclusion in the XRP lawsuit, new developments are shedding light on where the case may be heading. Former SEC lawyer Marc Fagel has weighed in, stating that Judge Analisa Torres is unlikely to revoke her earlier decision on Ripple’s liability. Instead of a reversal, both Ripple and the SEC are expected to focus on determining penalties and final remedies. This shift in focus could bring the XRP lawsuit closer to settlement.

    XRP Lawsuit: Judge’s Decision to Stay, Remedies Take Priority

    In the latest XRP News, legal experts suggest Judge Torres will not walk back her previous ruling on Ripple. Marc Fagel, a former SEC attorney, dismissed speculations about the judge reversing her decision. According to him, the case will now move forward, with both parties working on modifying remedies rather than revisiting liability.

    A surprising twist came when an individual named Justin W. Keener submitted a mysterious filing, claiming to present decisive evidence in favor of Ripple. However, this filing was quickly labeled as spam by experts, including Fagel, since Keener is not authorized to act in the case. The court is expected to disregard and delete it.

    Ripple’s recent move to drop its cross-appeal after the SEC withdrew its appeal has fueled hope among XRP holders. While the exact timeline remains uncertain, some legal analysts believe the XRP lawsuit could conclude in the next two months. For now, the XRP Price remains under close watch as investors await a final resolution in one of the crypto industry’s most significant legal battles.

    XRP Price Action on April 5

    On April 4, XRP traded sideways as the market tested direction. A golden cross on the MACD at 5:05 UTC hinted at bullish momentum. However, RSI hit overbought zones several times—6:00, 7:30–8:20, and 8:45 UTC—signaling weakening strength from buyers. A death cross at 8:50 UTC triggered a downward trend. XRP fell until it found support at $2.0160, confirmed by oversold RSI readings between 10:20 and 11:30 UTC. Bulls re-entered at 11:50 UTC, causing a sharp rally. A spike in RSI at 13:55 UTC aligned with a price peak near $2.1627, but another death cross at 15:40 UTC brought renewed bearish pressure. 

    Chart 1, analyzed by ShwetaCW, published on TradingView, April 5, 2025

    As illustrated in Chart 1, another MACD death cross at 22:05 UTC strengthened the downtrend. April 5 opened with bearish momentum. A golden cross at 00:40 UTC gave bulls a short break, but the bears struck back with a death cross at 1:45 UTC. Later, golden crosses at 4:55 and 9:40 UTC suggested a possible reversal, pushing prices up again. RSI reached overbought levels by 10:10 UTC. According to XRP prediction, if bulls maintain momentum, XRP may break resistance at $2.1627 and reach $2.2000. If bears return, it could slide below $2.0160 support.

    XRP Price Prediction

    The XRP Lawsuit appears to be nearing its conclusion, with Judge Torres unlikely to revoke her ruling. As both sides now shift focus to deciding penalties and remedies, the XRP News has lifted market sentiment. If this optimism holds, the XRP Price could soon retest the $2.20 resistance level. A successful breakout may push the price further toward $2.50 in the near term.

    News Room

    News Room

    Editor

    Newsroom is the editorial team of CoinfoMania, delivering 24/7 crypto news, market insights, and in-depth analysis. With 30+ journalists worldwide, we keep you ahead in the blockchain space.

    Read more about News Room

    Loading more news...