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Cryptocurrency News Articles
U.S. Expansion Plans of Ripple Face Delays Due to the SEC's Postponement of Its Appeal Vote
Mar 29, 2025 at 02:00 pm
The U.S. expansion plans of Ripple face delays due to the SEC's postponement of its appeal vote in the ongoing legal dispute.
The U.S. expansion plans of Ripple are being delayed as the SEC postponed its vote to appeal. The SEC’s decision to extend the appeal vote has left Ripple’s legal standing in the United States market uncertain, thus affecting its regulatory position. The fate of XRP rests on the upcoming SEC ruling which could determine its long-term use in the U.S. financial system.
The crypto industry is closely watching the case of Ripple against the SEC. The outcome of this case will have significant implications for the future of digital assets. The SEC's decision to appeal against the court ruling in favor of Ripple is a crucial moment that could shape the regulatory landscape for cryptocurrencies.
The Bitcoin market has seen a short-term decline, with the price of BTC reaching a low point of $84,000 during price dips. According to experts, two main reasons have contributed to the decline: macroeconomic forces such as inflation and the actions of large investors who took profits after the market's rally. Despite the price drops, the bullish direction of BTC continues due to the strong demand from institutional investors and ETF inflows which are supporting the market.
According to many traders, the market decline has created a needed pullback, which is a positive sign and not necessarily a bearish development. The macroeconomic environment and actions of large investors have put pressure on the Bitcoin market, leading to a decline in price. However, this decline has also created an opportunity for new traders to enter the market and continue the bullish trend.
The crypto industry is eagerly awaiting the outcome of Ripple's case against the SEC, which will have major implications for the regulatory landscape. If the court rules in favor of Ripple, it will establish legal standards for digital assets, especially in the U.S. market. However, if the SEC wins the appeal, it could create more regulatory ambiguity and uncertainty, which could lead to XRP expanding its presence in markets outside the United States.
The performance of Ripple in the market, together with the price movements of Bitcoin, will serve as crucial indicators for predicting the regulatory and financial aspects of the emerging crypto sector, especially with institutions increasing their interest in digital assets. A favorable verdict in the Ripple SEC case would establish a precedent for the industry, providing clarity on regulatory compliance.
The XRP/USDT market on Binance is showing a downward pattern as price points continue to get rejected at $2.26 and fall below a descending trendline. Signal indicators show that buyers are seeing $2.14 as their base price point since the zone has undergone multiple testing events. The RSI indicator crossed the oversold area twice which indicates that selling pressure in the market might be decreasing. The MACD produced a Golden Cross that transitioned into a Death Cross which provided evidence of short-term bearish pressure. XRP shows present market stabilization in the $2.15 range to establish stability before starting its upcoming movement.
Analyzed by Triparna Baishnab, published on Tradingview (March 29, 2025)
The XRP price may increase to $2.18-$2.22 if support at $2.14 leads to successful bounces while rising buying volume would boost future price appreciation. The price of XRP could move toward $2.10 or below $2.10 in case the bears manage to break through the $2.14 support level. A trend change signal will become apparent when MACD lines cross and RSI shows signs of improvement.
XRP price prediction models indicate a potential rebound, driven by growing adoption and improving regulatory clarity
The crypto industry depends heavily on the outcome of Ripple’s case against the SEC and its regulatory battles continue to form the landscape. If the court rules in favor of it will establish legal standards for digital assets but ongoing regulatory ambiguity may make XRP expand beyond U.S. borders. The market performance of Ripple together with Bitcoin will function as crucial signs to predict the regulatory and financial aspects of the emerging crypto sector as institutions expand their interest in digital assets.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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