After a three-year legal battle, a U.S. court ruled that XRP is not a security.

Ripple has filed a cross-appeal against the SEC’s latest legal actions, seeking further regulatory clarity.

2. Impact on the Broader Crypto Market:

Ripple aims for comprehensive regulatory guidance, as the outcome could set a precedent for other cryptocurrencies.

Any settlement with the SEC could significantly influence market behavior and future regulations.

3. Technical Challenges – Looming Death Cross:

XRP is struggling to break out of a symmetrical triangle pattern, facing bearish pressure.

A death cross may form as the 50-day moving average crosses below the 200-day moving average, indicating a potential downtrend.

4. Key Psychological Price Level:

XRP risks falling below the critical $0.50 threshold, which could impact market sentiment.

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Currently, XRP trades around $0.5383, with investors adopting a cautious approach.These developments highlight both legal and technical uncertainties, making XRP’s path forward crucial to watch in the coming days.