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XRP Price Could Go Parabolic If SEC Makes This Decision Today

2025-07-10 11:21:33

XRP Price Could Go Parabolic If SEC Makes This Decision Today

Main Idea

The SEC's potential decision to drop its appeal in the Ripple case could lead to a parabolic rise in XRP's price, as it would provide regulatory clarity and remove a major obstacle to its growth.

Key Points

1. The SEC is holding a closed-door meeting on July 10, which may include a vote to drop its appeal in the Ripple case, potentially leading to a surge in XRP's price.

2. The legal battle between the SEC and Ripple dates back to December 2020, with Ripple recently withdrawing its cross-appeal, expecting the SEC to do the same.

3. If the SEC drops its appeal, Judge Torres' 2023 ruling would become final, providing XRP with long-awaited regulatory clarity.

4. Regulatory ambiguity has been a major obstacle for XRP, and its removal could lead to relisting on exchanges, institutional adoption, and possibly XRP-based ETFs.

5. XRP is trading just below a key breakout level, and analysts believe a favorable SEC decision could push it past resistance, unlocking significant upside potential.

Description

Popular Crypto analyst, STEPH IS CRYPTO, has ignited major excitement across the XRP community with a critical update: the U.S. Securities and Exchange Commission (SEC) is holding a closed-door meeting today, July 10, at 2 p.m. ET, and it may include a vote to drop its appeal in the Ripple case. If that happens, STEPH IS CRYPTO believes XRP’s price could go parabolic. Ripple Drops Cross-Appeal, All Eyes on the SEC The legal battle dates back to December 2020, when the SEC sued Ripple Labs. The S...

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