Judge Torres Rejects Ripple-SEC Motion !
Is XRP in Trouble?
On June 26, Judge Analisa Torres rejected a joint motion from both parties seeking an indicative ruling, a move that would have hinted at a potential path to settlement.
The decision triggered a strong market reaction, with the XRP price falling sharply in response. Wondering where XRP could be headed long-term? Don’t miss our XRP Price Prediction for 2030.
Torres denied the deal, stating that she cannot make any decisions regarding penalties while the case remains under appeal.
XRP Price Reaction
Following the court's rejection, XRP price dropped to $2.09, before staging a slight recovery to around $2.10 (at the time of writing) according to Coinpedia Markets.
The news wiped 5% off XRP’s value in a matter of hours, confirming a strong bearish reversal as selling pressure surged.
All Eyes on August 15
With the joint motion denied, the case now shifts fully to the appeals process. The next key date is August 15, 2025, when the SEC is expected to file a status report.
This document may outline how the agency intends to proceed, and could define the next phase of the Ripple lawsuit.
XRP Price Breakout or Breakdown?
If bearish momentum continues, XRP could soon retest its key support level at $2.08. A deeper slide might send the token down to the $2.00 mark in the near term.
On the flip side, if buying pressure returns, XRP could bounce back to challenge immediate resistance at $2.15. Sustained bullish momentum may even lift the price toward $2.23 later this week.
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