Ripple's Rollercoaster: SEC Settlement and Whale Moves Shake XRP

SEC and Ripple Near Settlement: A 60-Day Pause

SEC and Ripple have concurred to delay their appeals procedure for 60 days, granted by a U.S. court of appeals, to settle in which Ripple pays $50 million of the original $125 million penalty. This delay includes the primary appeal, cross-appeals, and claims against Ripple executives, meaning a wide reassessment of the case and presenting Ripple with immense financial relief. The SEC is required to provide a status update by June 15, 2025.

After SEC approval, both sides will ask the district court to vacate the injunction on Ripple's XRP sales and lower the fine to $50 million. XRP's price has stabilized, with upside potential, and the resolution is seen as a significant regulatory precedent for the U.S. cryptocurrency sector, potentially demystifying the status of XRP under securities law

XRP Whale Activity Adds to Market Jitters

On April 2025, another Ripple (XRP) whale movement was received in the way of a series of large, high-value transactions. These were a wallet transfer of 131 million XRP between anonymous wallets, and it caused a 4% drop in price because of sell-off fears although it could have been an OTC transaction. Other significant movements are 29.5 million XRP to Coinbase, presumably for internal liquidity management, and 200 million and 70 million XRP between Ripple-controlled accounts, presumably for ODL and treasury management purposes, respectively. Although these big movements have propagated market uncertainty, the majority are OTC or internal, and the 131 million XRP movement is generating the most short-term price pressure.

Technical Outlook: XRPUSD Navigates a Mixed Landscape

XRPUSD  showed a minor pullback after SEC delay appeal against Ripple. It hit an high of $2.1289 and is currently trading around $2.0960. A daily close below $1.60 could signal a further minor bearish trend. XRP remains above both short-term (34 EMA and 55 EMA) and long-term moving averages (200-day EMA) on the 4-hour chart confirms bullish trend.

Resistance and Support Analysis
The immediate resistance level for XRP is around $2.25, and a breakout above this level will push prices higher to $2.60/$2.80/$3/$3.40/$4. Any breach above $4 confirms further bullishness, a jump to $5. On the downside, immediate support lies at $1.89 any break below targets  $1.60, $1.27, $1.00, $0.85, and $0.74.

CCI(50)- Bullish

Directional Movement Index - Neutral

Trading Strategy Recommendation

It is good to buy on dips around $1.80 with SL around $1.60 with SL around $4.