Friday, July 11, 2025

XRP (Ripple) Faces SEC Deadline – Will It Pump or Dump Next

 XRP (R

ipple) Faces SEC Deadline – Will It Pump or Dump Next


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Introduction

The XRP vs SEC case is once again in headlines as a key deadline approaches this week. Traders, investors, and crypto enthusiasts are closely watching Ripple’s legal battle, which has had a significant impact on the XRP price in the past. Could this be the trigger for a new breakout?


What’s Happening?

The U.S. Securities and Exchange Commission (SEC) is expected to respond to Ripple’s latest filings regarding penalties. The outcome could shape XRP’s regulatory clarity and its future in the U.S. market.


SEC’s final response:

 Due this week


Ripple’s stance: Strongly confident


Market reaction: XRP volume surging on major exchanges


Price Action & Chart Overview (As of July 11, 2025)


Current Price: $0.47


Resistance Level: $0.52


Support Zone: $0.44


If XRP closes above $0.52, we could see a bullish rally toward $0.60.


However, a bearish rejection from $0.50 could push it back to $0.42.


What Should Traders Do?

✅ If price breaks $0.52 with volume → Consider long position

❌ If price drops below $0.44 → Avoid entry or use tight stop-loss.


Final Thoughts.

Whether XRP pumps or dumps depends largely on the SEC's decision. But one thing is clear: volatility is coming, and smart traders will be watching the charts closely. Always trade with a plan and proper risk management.


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