"XRP’s Future Outlook Amid SEC Lawsuit Resolution"

Recent developments in Ripple’s legal battle with the SEC have sparked fresh discussions about the future of XRP. Here’s a closer look at what these changes mean for the cryptocurrency and its price.

The Truth About Ripple (XRP) ETFs: Should You Be Worried?

XRP’s price has been a hot topic in the crypto community, especially during Ripple’s legal battle with the US Securities and Exchange Commission. Recently, Brad Garlinghouse announced that the SEC has quit pursuing its appeal, essentially ending the lawsuit, a moment the community was waiting for.

XRP On The Edge: Will Support Hold Or Unleash A Breakdown?

XRP has been on a consistent downward trend since the beginning of the week. A steady Flow of consecutive bearish candles on the daily timeframe has pulled the price lower each day, guiding it toward an important support level. As of now, XRP is pressing against the lower boundary of a symmetrical triangle, which could determine whether this dip becomes a deeper fall or the start of a rebound for the cryptocurrency.

Ripple’s XRP Eyes $2.30: Can the Bulls Maintain Momentum?

Ripple’s XRP has gained 4% intraday to reach $2.16, supported by strong market activity and a 24-hour trading volume of over $3.1 billion. The cryptocurrency now faces a key technical barrier at $2.23, marked by the 50-period Exponential Moving Average (EMA) on the 2-hour chart. A break above this level could open the door to further upside, but the Relative Strength Index (RSI) at 44.57 suggests momentum is not yet firmly on the bulls’ side.

Ripple’s RLUSD Hits $170M Market Cap

Ripple’s stablecoin RLUSD has reached a market cap of $170M, outpacing internal projections. The token has seen increased institutional interest and is now being used in DeFi liquidity pools and adopted by NGOs for donations. The positive news was shared by Ripple’s Senior Vice President Jack McDonald in a post, highlighting the strong movements of RLUSD in February.