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XRP, Ripple's native cryptocurrency, is facing intense bearish pressure, with a potential 40% drop to $1.20 on the horizon if key support levels are breached. The $2.00 mark is a crucial threshold, and failure to maintain this level could trigger a bearish head-and-shoulders pattern, accelerating losses. 🔻Technical Analysis A breach below $2.00 could confirm the bearish pattern, pushing XRP toward $1.20. This pattern often signals a reversal from bullish to bearish trends. Investors should monitor this level closely, as a failure to hold could lead to increased selling pressure. 🔻Bitcoin's Influence XRP's price movements are closely tied to Bitcoin's performance. A drop below $72,000 could trigger a cascading effect, pushing XRP down to $1.20 or lower. This correlation highlights the importance of monitoring Bitcoin's trajectory. 🔻Strategic Considerations Traders should set strategic buy orders below $1.00 to capitalize on potential short-term dips. Maintaining the $2.00 support level could bolster investor confidence and prevent further declines. 🔻Conclusion XRP's near-term trajectory hinges on its ability to maintain the $2.00 support level. A breach below this level could lead to substantial declines, while holding above it may offer a foundation for recovery. Investors should remain vigilant and adapt to changing market dynamics. $BTC $XRP

BREAKING: SEC Withdraws XRP Appeal — $3.5 Ripple Price Surge Ahead? Today, April 11, we have an important XRP news as we get a long-awaited update on the XRP SEC case. Yesterday, April 10, was an important day for XRP as the closed-door SEC meeting was happening. As it stands, SEC members have made their decision and are moving to dismiss their appeal. Additionally, with a bullish trajectory, XRP has continued to trade around the $2 price point. Additionally, we have a bullish XRP price prediction today. Is the Ripple SEC Lawsuit Finally Coming to an End? After both the Ripple and the SEC filed a joint motion on April 10, US defense attorney James Filan shared the filings. He also commented on this development and further explained what is happening in the XRP SEC lawsuit. “The parties have filed a joint motion to hold the appeal in abeyance based on the parties’ agreement to settle. The settlement is awaiting Commission approval. No brief will be filed on April 16th.” This was long overdue as Ripple had an April 16 deadline to submit its reply to the SEC appeal. What does Ripple’s Joint Withdrawal of Appeals Mean? A joint withdrawal of appeals was announced last month by the Ripple CEO, Brad Garlinghouse and CLO Stuart Alderoty. Morgan also commented on this development, expressing excitement about the delayed development. He also mentioned that the SEC has officially acknowledged the settlement. Moreover, he stated that he was excited to see what the SEC’s request would be from Judge Torres. “Finally. The parties had to do something before the Ripple brief was due on 16 April. At least we now have a public acknowledgment by the SEC of the settlement. Interested to see what indicative ruling will be sought from Judge Torres.” This also happened on the same day, when a new SEC head, Paul Atkins, gained Senate approval. As such, this could be affecting the SEC’s decision to withdraw its appeal related to Ripple. We also had awesome comments from Marc Fagel, the former SEC lawyer. He believes that the SEC has delayed the decision to have Atkins as the chair when voting. However, because of the April 16 deadline, they had to work faster for an answer. This is because of the fear that things could go wrong in a short time frame. Could XRP Surge to $3.5 After a Positive Court Ruling? Fagel also explained that now only Judge Torris has the power to decide what will happen to the rulings. “I interpret the language as meaning the (tentative) settlement makes dismissal of the appeal contingent on Torres revisiting the injunction order. If she says no, does the appeal and/or cross-appeal go forward? Maybe!” As such, it is unclear when we will see the end of the XRP SEC lawsuit. This delay could negatively affect the XRP value as well; however, we have a bullish XRP price prediction, which presents hope. Chart 1 – Provided by TradingView, published on TradingView, April 11 2025 Based on Chart 1, if we could get more positive fundamental developments, XRP could rally to $3. Such positive XRP news could include the official withdrawal of the SEC from the legal battle. A confirmation from Judge Torris on the dismissal of the XRP SEC case could also help. Moreover, if these coincide with positive global economic news like easing trade war, the XRP price prediction is $3.5. Is XRP Set for a Breakout After These Major Developments? We also have had other positive ripple developments this week, which could also help the long-term value of XRP. Ripple Labs acquired the Hidden Road broker platform, showing active movement towards further expansion. Additionally, we also saw the launch of the first-ever XRP ETF in the US. As such, the future of XRP seems to be bright. The post BREAKING: SEC Withdraws XRP Appeal — $3.5 Ripple Price Surge Ahead? appeared first on Coinfomania.

The cryptocurrency market is abuzz with significant developments, particularly in the realms of Ripple, Bitcoin, and UniSwap. A joint motion filed by Ripple and the US Securities and Exchange Commission (SEC) to settle their ongoing lawsuit has sparked interest in the crypto community. XRP's price has responded positively, currently trading at $2.00 with a market capitalization of $116.36 billion. Meanwhile, the recent announcement of a 90-day pause on reciprocal tariffs by Donald Trump has boosted Bitcoin's price, pushing it past $80,000. This move has significant implications for the crypto market, with many investors turning to Bitcoin as a safe-haven asset. Bitcoin's dominance is evident, with its market capitalization standing at over $1 trillion. UniSwap has also made headlines, expanding its services to include fiat off-ramps for crypto-to-bank transfers. This development enables users to seamlessly transfer funds between cryptocurrencies and traditional fiat currencies, further bridging the gap between the two. The crypto market is experiencing a significant shift, with many investors turning to decentralized finance (DeFi) and alternative cryptocurrencies. The recent developments in the Ripple and SEC lawsuit, Trump's tariff pause, and UniSwap's expansion are expected to have far-reaching implications for the market. In conclusion, the cryptocurrency market is poised for continued growth and innovation, driven by key developments in Ripple, Bitcoin, and UniSwap. As the market continues to evolve, it's essential to stay informed and adapt to the changing landscape. With its growing adoption and increasing institutional interest, the crypto market is likely to remain a major player in the financial world. $BTC $XRP $TRUMP