SEC vs Ripple: XRP Struggles to Build Momentum Even After SEC Drops Case

XRP has been stuck in a tight range lately, struggling to gain traction even after the long-standing legal battle with the SEC finally came to an end. The token was trading at $2.4175 on Friday morning, down from its weekly high of $2.60. While the SEC vs Ripple lawsuit’s resolution was a major milestone for Ripple, it wasn’t exactly a surprise for the market as most traders had already incorporated the lawsuit resolution in the price. Now, the focus is shifting to what’s next, and all eyes are on the possibility of an XRP ETF.

Ripple’s Legal Win Fails to Spark a Rally

After a multi-year fight, Ripple secured a partial victory when a judge ruled out that XRP isn’t a security in secondary sales in SEC vs Ripple lawsuit. However, the company had to cough up $250 million in fines for institutional sales that violated the securities laws. With the SEC officially dropping its case, one major cloud of uncertainty has lifted, but the market’s reaction has been pretty underwhelming.

Traders already saw this coming from the SEC pattern lately. The SEC has been rolling back cases against major crypto firms like Coinbase and Binance after the change in US administration, so it was only a matter of time before the Ripple Case got a break, too. Now, the real question is whether an XRP ETF could be the next big catalyst. If approved, it could open the door for institutional investors but only after the lukewarm reception of Ethereum ETFs, there’s a risk that this could turn into another “sell the news” event.

XRP Consolidates – Will Bulls or Bears Take Control?

With the fundamentals in the array since no major turnaround in prices from the SEC vs Ripple verdict, Technicals takes the lead here. Traders are now looking at the price analysis for the answers which suggest a breakout might be on the way but we have to see whether it moves higher or faces another pullback depending on the key support and resistance levels. So, Let’s dive into the technical indicators to see what could be next for XRP.

Price Analysis and XRP Price Prediction

The trading session started with a downtrend channel on 20th March after a death cross formed at the MACD line. The prices started falling in the downtrend trajectory, entering new key support and resistance levels of $2.39 and $2.51, respectively. The buy side finally held the ground when a golden cross was constructed at 05:45 UTC, aligning with two side-by-side oversold signals from RSI. The prices soon entered an uptrend channel, approaching the key resistance level. The coin could not hold the bullish momentum for long as soon as a death cross appeared with the overbought signal from RSI. This pushed the price down again and led to a trading range.

Chart 1, Analyzed by Alokravantmedia published on March 21, 2025.

Another death cross at 14:35 UTC pushed the prices down the trading range and fell on the key support level. By 17:05 UTC, a golden cross appeared raising the prices but could not build the momentum finally entering a trading range. By the start of the new trading session on 21st March, the XRP prices still struggling in the trading range and hovering between $2.40 and $2.45. The struggle between buyers and sellers is evident within the trading range as both sides attempt to gain control over the price’s direction. 

What lies ahead of XRP?

While the SEC vs Ripple verdict in Ripple’s favor provided some interim relief for coin prices, it has not yet translated into a strong price rally. Instead, traders are now focusing on the potential for an XRP ETF, though skepticism remains given past reactions to crypto ETFs. The XRP Price Analysis suggests that if XRP Coin manages to break above the $2.51 resistance level with the sustained buying momentum, the price could get a new resistance and support level. However, failure to hold the $2.39 support level could trigger further downside. The XRP price prediction indicates that traders should monitor confirmation from signals like MACD and RSI to ascertain the subsequent course of action.