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XRP Eyes $3.50; Ripple-SEC Five Year Legal Dispute Officially Concludes

From financemagnates.com

Ripple Labs and the U.S. Securities and Exchange Commission have ended their nearly five-year legal dispute by withdrawing their appeals in the XRP lawsuit. Both parties submitted a Stipulation of Dismissal to the Second Circuit Court of Appeals, formally concluding the case. Following the news, XRP’s price rose, breaking through an intraday resistance level of 3.10000. It currently trades near 3.38000, indicating possible upward movement towards 3.50000. The court’s 2023 ruling by Judge Analisa Torres now stands as final. The decision confirmed that XRP sales on public exchanges are not securities. However, sales to ... (full story)

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  • Category: Fundamental Analysis