{"id":384183,"date":"2025-03-22T21:35:16","date_gmt":"2025-03-22T16:05:16","guid":{"rendered":"https:\/\/dripp.zone\/news\/ripple-ctos-final-letter-to-sec-spark-xrp-price-rally-to-2-50-crypto-news\/"},"modified":"2025-03-22T21:38:47","modified_gmt":"2025-03-22T16:08:47","slug":"ripple-ctos-final-letter-to-sec-spark-xrp-price-rally-to-2-50-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/ripple-ctos-final-letter-to-sec-spark-xrp-price-rally-to-2-50-crypto-news\/","title":{"rendered":"Ripple CTO\u2019s Final Letter to SEC Spark XRP Price Rally to $2.50 &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p><span style=\"font-weight: 400\">Ripple (XRP) price settled above the $2.37 mark on March 22, down 10% from the weekly timeframe tops around $2.6. Following Ripple CTO\u2019 latest letter to the US SEC, technical indicators suggest XRP could advance above the $3.20 level on the next rebound phase.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400\"><strong>Ripple CTO sends Cross-appeal Letter to Finalise Settlement with US SEC<\/strong>\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400\">Ripple (XRP) price has stagnated around the $2.40 level as markets digested recent regulatory development.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Ripple\u2019s long-running legal battle with the U.S Securities and Exchange Commission (<a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coingape.com\/markets\/should-you-buy-these-4-xrp-rivals-after-sec-drops-ripple-lawsuit\/\" target=\"_blank\" rel=\"noopener\">SEC<\/a>) came to an abrupt end on Thursday, March 19, with the regulatory agency withdrawing its appeal.<\/span><\/p>\n<figure id=\"attachment_245473\" aria-describedby=\"caption-attachment-245473\" style=\"width: 2714px\" class=\"wp-caption aligncenter\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-245473\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-22-at-4.33.11-PM.png\" alt=\"Ripple (XRP) Price Action, March 2022\" width=\"2714\" height=\"1294\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-22-at-4.33.11-PM.png 2714w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-22-at-4.33.11-PM-300x143.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-22-at-4.33.11-PM-1224x584.png 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-22-at-4.33.11-PM-768x366.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-22-at-4.33.11-PM-1536x732.png 1536w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-22-at-4.33.11-PM-2048x976.png 2048w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-22-at-4.33.11-PM-150x72.png 150w\" sizes=\"auto, (max-width: 2714px) 100vw, 2714px\"\/><\/noscript><figcaption id=\"caption-attachment-245473\" class=\"wp-caption-text\">Ripple (XRP) Price Action, March, 22, 2025 | TradingView<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400\">Ripple has filed a cross-appeal to ensure all legal arguments are thoroughly addressed. This latest move has intensified scrutiny on the case, with investors closely monitoring XRP\u2019s price reaction.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The SEC\u2019s initial lawsuit, filed in December 2020, accused Ripple of selling XRP as an unregistered security. While Ripple secured partial victories in court, regulatory uncertainties continue to cloud the cryptocurrency\u2019s future. <\/span><\/p>\n<p><span style=\"font-weight: 400\">The cross-appeal signals Ripple\u2019s <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/t.co\/PXgItuLx3o\" target=\"_blank\" rel=\"noopener\">intent<\/a> to challenge specifics of the SEC\u2019s claims, classifying XRP as a non-security asset to set concrete precedents for further crypto regulations.<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400\">\u201cRipple filed a cross-appeal to ensure nothing\u2019s left on the table, including the argument that there can\u2019t be an \u2018investment contract\u2019 without there being essential rights and obligations found in a contract.\u201d\u00a0 <\/span><\/p>\n<p><span style=\"font-weight: 400\">\u2013 Ripple\u2019s Chief Legal Officer, Stuart Alderoty, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/s_alderoty\/status\/1903138668513992957\" target=\"_blank\" rel=\"noopener\">March 2025<\/a><\/span><\/p>\n<\/blockquote>\n<figure id=\"attachment_245474\" aria-describedby=\"caption-attachment-245474\" style=\"width: 400px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-245474\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Ripple\u2019s Chief Legal Officer, Stuart Alderoty, emphasizes the importance of this cross-appeal letter to US SEC.\" width=\"400\" height=\"400\" data-lazy-srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/B1Ey-RZ9_400x400.jpg 400w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/B1Ey-RZ9_400x400-300x300.jpg 300w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/B1Ey-RZ9_400x400-150x150.jpg 150w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/B1Ey-RZ9_400x400-96x96.jpg 96w\" data-lazy-sizes=\"(max-width: 400px) 100vw, 400px\" data-lazy-src=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/B1Ey-RZ9_400x400.jpg\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-245474\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/B1Ey-RZ9_400x400.jpg\" alt=\"Ripple\u2019s Chief Legal Officer, Stuart Alderoty, emphasizes the importance of this cross-appeal letter to US SEC.\" width=\"400\" height=\"400\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/B1Ey-RZ9_400x400.jpg 400w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/B1Ey-RZ9_400x400-300x300.jpg 300w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/B1Ey-RZ9_400x400-150x150.jpg 150w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/B1Ey-RZ9_400x400-96x96.jpg 96w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\"\/><\/noscript><figcaption id=\"caption-attachment-245474\" class=\"wp-caption-text\">Ripple\u2019s Chief Legal Officer, Stuart Alderoty, emphasises the importance of this cross-appeal letter to US SEC.<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400\">\u00a0<\/span><span style=\"font-weight: 400\">At the time of publication on March 22, Litecoin (LTC), Bitcoin Cash (BCH), Solana (SOL), Cardano (ADA), Polkadot (DOT), all currently have an ETF application under-review with the SECs. <\/span><\/p>\n<p><span style=\"font-weight: 400\">If Ripple prevails, many market watchers expect this to clear barriers to approval of altcoin ETFs, while an adverse ruling may lead to negative outcome or delayed verdicts.<\/span><\/p>\n<h2>XRP Price Prediction Today: Potential Decline to $2.30 or a Rebound to $2.50?<\/h2>\n<p>XRP price forecast suggests a cautious outlook as technical indicators highlight both bullish and bearish possibilities.<\/p>\n<p>Currently, XRP trades around $2.3731 after a sharp 8.39% retracement over the last three days, signalling a potential shift in momentum.<\/p>\n<p>First, the Fibonacci retracement tool shows immediate support near the 61.8% level at $2.3735, which aligns closely with the current price.<\/p>\n<p>If bulls manage to hold this support, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coingape.com\/price\/xrp\/\" target=\"_blank\" rel=\"noopener\">Ripple price<\/a> could rebound toward the 23.6% retracement level at $2.5033, where selling pressure may re-emerge.<\/p>\n<p>Beyond that, the MACD indicator remains in positive territory, albeit with signs of a bearish crossover forming, suggesting weakening upward momentum.<\/p>\n<figure id=\"attachment_245472\" aria-describedby=\"caption-attachment-245472\" style=\"width: 2714px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-245472\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"XRP Price Prediction Today\" width=\"2714\" height=\"1298\" data-lazy-srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-22-at-4.38.09-PM.png 2714w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-22-at-4.38.09-PM-300x143.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-22-at-4.38.09-PM-1224x585.png 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-22-at-4.38.09-PM-768x367.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-22-at-4.38.09-PM-1536x735.png 1536w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-22-at-4.38.09-PM-2048x979.png 2048w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-22-at-4.38.09-PM-150x72.png 150w\" data-lazy-sizes=\"(max-width: 2714px) 100vw, 2714px\" data-lazy-src=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-22-at-4.38.09-PM.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-245472\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-22-at-4.38.09-PM.png\" alt=\"XRP Price Prediction Today\" width=\"2714\" height=\"1298\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-22-at-4.38.09-PM.png 2714w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-22-at-4.38.09-PM-300x143.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-22-at-4.38.09-PM-1224x585.png 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-22-at-4.38.09-PM-768x367.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-22-at-4.38.09-PM-1536x735.png 1536w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-22-at-4.38.09-PM-2048x979.png 2048w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-22-at-4.38.09-PM-150x72.png 150w\" sizes=\"auto, (max-width: 2714px) 100vw, 2714px\"\/><\/noscript><figcaption id=\"caption-attachment-245472\" class=\"wp-caption-text\">XRP Price Prediction Today<\/figcaption><\/figure>\n<p>Conversely, if selling pressure persists and XRP closes below the key Fibonacci level of $2.3735, the next downside target lies at $2.3629. A further breakdown could expose the price to deeper losses toward $2.30 and possibly $2.26, in line with historical support levels.<\/p>\n<p>The declining trading volume further emphasises the bearish concerns, indicating waning buying interest.<\/p>\n<p>For a bullish recovery, XRP must decisively reclaim $2.40 and sustain momentum above $2.50. However, failure to hold key support levels could accelerate a bearish decline toward $2.30.<\/p>\n<p>Traders should watch for volume spikes and MACD confirmation to gauge the next directional move<\/p>\n<section class=\"accordion-content mt-4\" id=\"faq\">\n<h2 class=\"mb-4 h3 fw7\">Frequently Asked Questions (FAQs)<\/h2>\n<div class=\"accordion-item\">\n<div class=\"faq-item-content\" style=\"\">\n<p>\n                            \t XRP could rally above $3.20 if bullish momentum builds following the cross-appeal, but regulatory uncertainty still impacts investor confidence.  <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"accordion-item\">\n<div class=\"faq-item-content\" style=\"\">\n<p>\n                            \tA favorable Ripple verdict may drive institutional adoption and ETF approvals, while a negative ruling could delay mainstream crypto regulation clarity.  <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"accordion-item\">\n<div class=\"faq-item-content\" style=\"\">\n<p>\n                            \t XRP faces resistance near $2.50, with support at $2.37 and $2.30. A breakout or breakdown will dictate the next price trend.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/section>\n<p>                                <!-- \n\n<div class=\"desktopPostEnd d-on\"><\/div>\n\n --><\/p>\n<div class=\"m-on mobiless\">\n<div id=\"social-section-new\">\n<p>\u2713 Share:<\/p>\n<p>                                  <a rel=\"nofollow\" target=\"_blank\" class=\"social-text_new wp_new\" href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/coingape.com\/markets\/xrp-price-prediction-ripples-stuart-adlfinal-letter-to-sec-sparks-2-50-breakout-bets\/\" target=\"_blank\" style=\"display: block\">  <i class=\"fa fa-whatsapp\"\/><\/a><\/p>\n<div>\n                                <a rel=\"nofollow\" target=\"_blank\" class=\"social-text_new tw_new_logo\" href=\"https:\/\/twitter.com\/intent\/tweet?text=https:\/\/coingape.com\/markets\/xrp-price-prediction-ripples-stuart-adlfinal-letter-to-sec-sparks-2-50-breakout-bets\/\" target=\"_blank\"><br \/>\n  <img loading=\"lazy\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" class=\"mb-1\" alt=\"coingape\" width=\"30\" height=\"30\" data-lazy-src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\" class=\"mb-1\" alt=\"coingape\" width=\"30\" height=\"30\"\/><\/noscript><br \/>\n<\/a>\n                                <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"authorBoxnew newauthordesign\">\n<div class=\"author_Ndata d-flex align-items-center mb-2\">\n<div class=\"author_Image\">\n                                           <img loading=\"lazy\" alt=\"\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" data-lazy-srcset=\"https:\/\/secure.gravatar.com\/avatar\/ec36c745ac13558e2dd911177d9a7d40?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" data-lazy-src=\"https:\/\/secure.gravatar.com\/avatar\/ec36c745ac13558e2dd911177d9a7d40?s=200&#038;d=mm&#038;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/ec36c745ac13558e2dd911177d9a7d40?s=200&#038;d=mm&#038;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/ec36c745ac13558e2dd911177d9a7d40?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                  <\/div>\n<p>ibrahim  <\/p>\n<\/p><\/div>\n<p>Crypto analyst covering derivatives markets, macro trends, technical analysis, and DeFi. His works feature in-depth market insights, price forecasts, and institutional-grade research on digital assets.                     <\/p>\n<\/p><\/div>\n<p>Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ripple (XRP) price settled above the $2.37 mark on March 22, down 10% from the weekly timeframe tops around $2.6. Following Ripple CTO\u2019 latest letter to the US SEC, technical indicators suggest XRP could advance above the $3.20 level on the next rebound phase.\u00a0 Ripple CTO sends Cross-appeal Letter to Finalise Settlement with US SEC\u00a0 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":384186,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-384183","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/384183","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=384183"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/384183\/revisions"}],"predecessor-version":[{"id":384188,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/384183\/revisions\/384188"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/384186"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=384183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=384183"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=384183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}