XRP Dips on Legal Ruling—But Analysts See 12% July Surge Ahead

XRP stumbles after court ruling—yet traders aren’t hitting the panic button. Here’s why.

### The Dip That Didn’t Crash the Party

Legal turbulence rattled XRP’s chart, but the altcoin’s July forecast still flashes bullish: a 12% upside target. Because nothing says 'healthy market' like shrugging off regulatory grenades.

### Numbers Don’t Lie (But Lawyers Might)

While the SEC’s latest salvo spooked weak hands, derivatives data shows whales accumulating. Because when life gives you lawsuits, arbitrage traders make margaritas.

### The Cynic’s Corner

Of course, a 12% bounce barely covers institutional trading fees—but hey, it’s crypto. Since when did math ever stop a good narrative?

• XRP dipped just 3.93% after Judge Torres denied Ripple and SEC’s joint legal request.
• Traders saw no panic selling, suggesting confidence in long-term XRP structure.
• July forecast from CoinCodex expects a rebound, with XRP potentially reaching $2.37.

XRP is currently trading at $2.10 following a modest 3% pullback after a legal update involving Ripple and the U.S. SEC. A decision by New York Judge Analisa Torres rejected a joint motion submitted by both Ripple and the SEC asking for clarification on an earlier ruling.

The filing aimed at easing restrictions on sales of XRP by institutions, something that WOULD have greatly reduced Ripple’s potential financial penalties, which stem from enforcement actions filed under then-SEC Chair Gary Gensler.

#XRPCommunity #SECGov v. #Ripple #XRP BREAKING: Judge Torres has denied the parties’ Motion for an Indicative Ruling. pic.twitter.com/9AMhGcQUsU

When word of the decision was revealed publicly at approximately 8:15 AM central time, XRP’s price declined progressively from about $2.15, ultimately reaching a low of approximately $2.09 at 11:50 AM. Despite this decline, reactions in the markets stayed smooth. There was no sudden sell-off observed, and the decline was constant.

Technical Analysis Confirms Stability

CasiTrades, a well-known crypto chartist, noted that the token’s move is within a typical corrective pattern, and it could mark an end of an ABC wave formation.

On this assessment, this correction appears managed, as opposed to impulsive. The token still remains above the 0.5 Fibonacci retracement level, a key area of support that often signals trend continuation rather than reversal.

CasiTrades identified the token’s next tech support at between $2.07 and $2.10, with a broader macro support at the $2.00 level. Shorter-term charts of the RSI even show seller fatigue, a sign this selloff may be losing steam. If these signals continue, a bullish divergence could form, opening the door to a trend reversal.

This is consistent with past behavior, where the token often shrugs off legal headwinds once the initial shock settles. Traders do appear preoccupied with chart FORM rather than legal commotion, a healthy indication that XRP is possibly developing as an asset.

July Forecasts Suggest 12% Return Potential

In the short term, the token may be charting a rebound. In a July 2025 prediction by CoinCodex, the token is expected to trade between $2.06 and $2.37, with a mean of around $2.17. That would amount to a 12.72% increase from here.

The contained reaction of markets to the legal update, along with firm technical backup, supports this call. Continuous holding of XRP by major levels has investor sentiment intact. Such strength even amidst uncertainty of regulations supports a case of a bullish result into July.

While denial of motion places a cloud on Ripple’s institutional sales, sentiment on a larger scale about XRP remains bullish. Investors and traders would prefer looking at charts as opposed to courtroom cases.