Skip to content
Crypto News Focus logo CNF_CRYPTO_NEWS_FOCUS_LOGO 8

Crypto News Focus

your day to day crypto news site

Primary Menu
  • Home
  • News
    • Bitcoin News
    • Ripple XRP news
    • Ethereum News
    • Cardano News
    • Shiba Inu News
    • Pi Network News
    • More
  • Analysis
  • PR Desk
  • About Us
  • General Policy & Privacy
  • Guides
    • Bitcoin Guides
    • Pi Network Guide
    • Cardano Guide
  • Politics
  • Tech
  • Home
  • News
  • Ripple’s Victory Near? SEC’s Restructuring Might End Legal Battle
  • Analysis
  • News

Ripple’s Victory Near? SEC’s Restructuring Might End Legal Battle

Cal Evans 6 February 2025
US law courts withRipples XRP in the backgroud
  • Recent SEC restructuring and regulatory shifts, including the reassignment of key litigators and the formation of a new Crypto Task Force, suggest that the agency may drop its appeal against Ripple, potentially favoring XRP.
  • If XRP holds its technical support levels and regulatory clarity emerges, the token could see a bullish reversal, with a possible rally to $4.00.

The legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has been a major point of contention in the crypto industry. However, recent internal changes at the SEC suggest that Ripple may be gaining the upper hand, potentially paving the way for a strong XRP comeback.

Ripple vs. SEC: A Case on the Brink of Resolution?

A major shakeup within the SEC is fueling speculation that the agency may abandon its appeal against Ripple. Under acting Chair Mark Uyeda, the SEC has been restructuring its Crypto and Cyber Unit, which previously had over 50 lawyers and staff. One of the biggest changes is the reassignment of Jorge Tenreiro, a top litigator involved in major cases against crypto firms like Ripple and Coinbase, to the IT department. Another key lawyer responsible for controversial accounting policies affecting digital asset custody was also moved.

The departure of former SEC Chair Gary Gensler, who championed an aggressive regulatory stance against crypto, has allowed Commissioner Hester Peirce to take a leading role in the agency’s new Crypto Task Force. Peirce has indicated that the task force will reassess the classification of digital assets, potentially excluding XRP from being considered a security. If this happens, it could mark the end of the SEC’s case against Ripple.

XRP’s Price Outlook: Can It Rally to $4.00?

Despite a recent 3% decline, XRP remains in focus for investors. Futures market data shows that XRP has faced $11.68 million in liquidations over the past 24 hours. However, technical indicators suggest that a strong recovery could be on the horizon.

XRP is currently trading within a descending broadening wedge pattern, a structure typically associated with bullish reversals. If XRP holds the lower support level and successfully breaks above the upper boundary, analysts predict a potential rally to $4.00. Key resistance levels to watch include $2.72, $2.95, $3.40, and $3.55.

On the downside, a failure to maintain support could push XRP to $1.35. At the moment, momentum indicators such as the Relative Strength Index (RSI), Stochastic Oscillator (Stoch), and Moving Average Convergence Divergence (MACD) remain below neutral levels, reflecting bearish sentiment. However, a shift above these levels could strengthen the case for a bullish breakout.

Conclusion: Is This XRP’s Turning Point?

With regulatory changes and internal restructuring within the SEC, Ripple appears to be on the verge of a favorable outcome. If XRP maintains critical technical levels and regulatory clarity emerges in its favor, a significant price surge could be imminent. Investors are closely watching these developments, as XRP’s future hangs in the balance.

Continue Reading

Previous: Revolut and Zero Hash Team Up with Ripple to Boost RLUSD Adoption – The New Challenger to USDT and USDC?
Next: BlackRock to Launch European Bitcoin ETP, Strengthening Crypto Presence

Related Stories

SOLANA IMAGE OF PRICE ANALYSIS
  • News

Solana Price Prediction 2025-2030: Can Institutional Catalysts Drive SOL to $500?

Simon Njenga 6 July 2025
XRP COIN AND A BEAR ON THE SIDE
  • News

XRP Price Prediction: Could Banking Charter & ETF Approval Ignite a 1,500 % Rally and Even $100?

Simon Njenga 6 July 2025
Iota coin as the main focus at the middle
  • News

IOTA Becomes the Only Crypto Named in Chinese Government’s 2025 Tech Report

Dennis Gatheca 4 July 2025

For general inquiries, please email us at Info@cryptonewsfocus.com

Crypto news focus is your day-to-day crypto news site. Get all the latest News and trends in the crypto, blockchain, and DeFi space. For more info and inquiries, reach out via email at info@cryptonewsfocus.com

You may have missed

SOLANA IMAGE OF PRICE ANALYSIS
  • News

Solana Price Prediction 2025-2030: Can Institutional Catalysts Drive SOL to $500?

Simon Njenga 6 July 2025
XRP COIN AND A BEAR ON THE SIDE
  • News

XRP Price Prediction: Could Banking Charter & ETF Approval Ignite a 1,500 % Rally and Even $100?

Simon Njenga 6 July 2025
Iota coin as the main focus at the middle
  • News

IOTA Becomes the Only Crypto Named in Chinese Government’s 2025 Tech Report

Dennis Gatheca 4 July 2025
ONDO on $100B Market Projection black
  • News

Ondo and Pantera Launch $250M Fund to Accelerate RWA Tokenization

Jane Kariuki 4 July 2025

Social Media

Crypto News Focus © All rights reserved | MoreNews by AF themes.
Go to mobile version
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok