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XRP price started a fresh decline below the $2.150 zone. The price is now consolidating above $2.00 and facing hurdles near the $2.120 zone.

While the XRP lawsuit is reaching its closing stages, there are a few loose ends that parties are racing to tie up. Digital assets lawyer James Farrell notes that Ripple Labs will pursue an indicative ruling to ease its future IPO proceedings.

Ripple case paused as court grants appeal abeyance, fueling speculation of a Final Judgment settlement and XRP-spot ETF approval.

XRP price is gaining momentum following Ripple's SEC settlement, with bullish technical indicators pointing to a potential upward breakout. Ripple Settles With SEC as Both Parties Agree to Pause Appeals The U.S. Securities and Exchange Commission (SEC) and Ripple Labs have jointly agreed to pause their long-running legal appeal, marking a critical turn in the

Crypto analyst Mindfully Lost has revealed price action levels for XRP and Dogecoin. He mentioned the resistance and support levels to keep an eye out for these heavy hitters amid this market downturn.

A federal court pause in the Ripple-SEC case accelerates momentum toward a $50 million settlement, positioning XRP for a landmark regulatory win and market resurgence. Ripple v SEC: XRP Trial Paused Pending $50M Deal Decision A federal appellate court has temporarily paused the ongoing legal battle between the U.S.

Shiba Inu has once again faced significant downward pressure. The asset is now trading at about $0.00001168, having failed to set up a significant support level in the last few sessions.

XRP gained only 2% in the past week, signaling weak momentum and fading interest from buyers in the short term. Technical indicators like the RSI, Ichimoku Cloud, and EMA lines are all starting to reflect increased bearish pressure.

XRP recent surge appears to be entering a cooling phase as the price edges lower to the $1.97 level, an area acting as a pivotal support. After a strong upward move fueled by improved market sentiment, the current pullback signals a potential pause rather than a full reversal.

Despite XRP's ongoing price stagnation, Wall Street insider Jake Claver believes the asset is vastly undervalued, hinting at its potential to transform global finance.

XRP is back trading above, $2, and bullish momentum is gradually creeping back compared to its price action at the end of March and beginning of April. Crypto analyst EGRAG CRYPTO believes this week could highlight a turning point for a full flip into bullish momentum, and how the XRP price closes out the week will be very important.

The SEC and Ripple's joint motion to pause legal proceedings on their cross-appeal has been approved. Both parties will have 60 more days to agree on how to amicably end their legal battle.

XRP has regained market attention following the recent slash in Ripple's penalty by the SEC. This has led to a rise in open interest for XRP, despite the overall market's bearish sentiment. Several on-chain indicators have turned positive, suggesting that the current consolidation phase may be approaching its conclusion.

Closing the four-year legal battle opens a new chapter for XRP mainstream adoption, catalyzed by Ripple Labs' payment products. XRP price must hold above the support level of about $2 to invalidate further market correction. The Donald Trump administration has gradually fulfilled its promises made during the campaign period to the crypto ecosystem.

During a Wednesday appearance on CNBC, former U.S. Securities and Exchange Commission Chairman Gary Gensler commented on the agency's lightning-fast abandonment of enforcement cases against prominent cryptocurrency companies for the first time.

An appellate court has granted a joint request from Ripple Labs and the Securities and Exchange Commission (SEC) to pause an appeal in a 2020 SEC case against Ripple amid settlement negotiations.In an April 16 filing in the US Court of Appeals for the Second Circuit, the court approved a joint SEC-Ripple motion to hold the appeal in abeyance — temporarily pausing the case — for 60 days. As part of the order, the SEC is expected to file a status report by June 15.

Bitcoin (BTC) has risen above $85,000, signaling that the bulls are trying to form a higher low at $83,000. The short-term price action remains susceptible to news related to the US tariffs and the ongoing trade war with China.Gold has been a clear winner during the current bout of macroeconomic uncertainty.

The settlement between the two is one step closer.

Some cryptocurrency enthusiasts are making eye-catching predictions about XRP. They suggest that buying just 1,000 tokens could set investors up for life by the end of this decade.

XRP consolidates near $2.10 as traders eye potential breakout levels across key timeframes amid mixed technical signals. XRP The 1-hour chart shows XRP recovering from a downtrend that saw prices dip to $2.035, forming a potential double-bottom reversal pattern. A recent green candle near $2.10, accompanied by rising volume, suggests bullish momentum resurgence.

The cryptocurrency market remained subdued on Wednesday, struggling to sustain momentum. Bitcoin remained firmly above the $84,000 mark but failed to make any massive up moves. The global cryptocurrency market cap stands at $2.67 trillion, down 0.50% in the past 24 hours. Total market volume over the same period fell 8.30% to $70.63 billion.

XRP just saw one of the most extreme liquidation imbalances in recent trading sessions as, in the past hour alone, the total liquidations on perpetual futures with altcoins added up to around $248,000.

XRP faces volatility as whales sell 370 million tokens, but bullish on-chain signals persist.

The pause in the SEC-Ripple appeal signals potential regulatory shifts in crypto, impacting future enforcement and industry compliance standards. The post SEC vs Ripple court appeal paused as XRP case nears resolution appeared first on Crypto Briefing.