{"id":38037,"date":"2025-03-09T00:39:26","date_gmt":"2025-03-09T03:39:26","guid":{"rendered":"https:\/\/tiproject.online\/index.php\/2025\/03\/09\/xrp-news-today-xrp-price-drops-will-sec-appeal-shift-and-etf-push-spark-a-rebound\/"},"modified":"2025-03-09T00:39:26","modified_gmt":"2025-03-09T03:39:26","slug":"xrp-news-today-xrp-price-drops-will-sec-appeal-shift-and-etf-push-spark-a-rebound","status":"publish","type":"post","link":"https:\/\/tiproject.online\/index.php\/2025\/03\/09\/xrp-news-today-xrp-price-drops-will-sec-appeal-shift-and-etf-push-spark-a-rebound\/","title":{"rendered":"XRP News Today: XRP Price Drops\u2014Will SEC Appeal Shift and ETF Push Spark a Rebound?"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p>Despite these concerns, Morgan remained optimistic about the possibility of a future multi-crypto Strategic Reserve Asset, stating:<\/p>\n<blockquote>\n<p>\u201cI am sure the Trump administration and David Sacks will consider this and other factors and risks over time.\u201d<\/p>\n<\/blockquote>\n<h2 id=\"xrp-price-trends-focus-returns-to-the-sec-appeal-and-xrpspot-etf-developments\">XRP Price Trends: Focus Returns to the SEC Appeal and XRP-Spot ETF Developments<\/h2>\n<p>Following Trump\u2019s SBR Executive Order, XRP\u2019s near-term trajectory hinges on two crucial factors: the SEC\u2019s appeal strategy and potential XRP-spot ETF approvals.<\/p>\n<ul class=\"small-bullet-points\">\n<li><strong>Bullish Scenario<\/strong>: If the SEC withdraws its appeal, XRP could break above its all-time high of $3.5505. Approval of XRP-spot ETF applications may further boost XRP demand, potentially pushing it toward $5 on institutional demand.<\/li>\n<li><strong>Bearish Scenario<\/strong>: The SEC pursues its appeal and disapproves XRP-spot ETF applications, sending XRP below $1.5.<\/li>\n<\/ul>\n<h2 id=\"xrp-price-action\">XRP Price Action<\/h2>\n<h2 id=\"daily-chart\">Daily Chart<\/h2>\n<p>XRP has recorded two straight days of losses, trading below the 50-day Exponential Moving Average (<a href=\"https:\/\/www.fxempire.com\/education\/article\/the-complete-guide-to-trend-following-indicators-708117\">EMA<\/a>) but above the 200-day. The EMAs send bearish near-term and bullish longer-term price signals.<\/p>\n<p>A break above the 50-day EMA, bulls may target the March 2 high of $3.0153 as the next resistance level. A return to $3.0153 could signal a move toward the January 16 high of $3.3999. Favorable Ripple case-related news may bring the all-time high of $3.5505 into play.<\/p>\n<p>Conversely, a drop below the March 4 low of $2.2202 could bring sub-$2 levels and the $1.9299 support level into sight. A fall through the $1.9299 support level may enable the bears to target the February 3 low of $1.7024 next.<\/p>\n<p>With a 14-day Relative Strength Index (RSI) reading of 45.45, XRP could fall to the $1.9299 support level before entering oversold territory (RSI below 30).<\/p>\n<figure id=\"attachment_1502854\" aria-describedby=\"caption-attachment-1502854\" class=\"wp-caption alignnone\"\/><\/div>\n<p>[ad_2]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Despite these concerns, Morgan remained optimistic about the possibility of a future multi-crypto Strategic Reserve Asset, stating: \u201cI am sure the Trump administration and David Sacks will consider this and other factors and risks over time.\u201d XRP Price Trends: Focus Returns to the SEC Appeal and XRP-Spot ETF Developments Following Trump\u2019s SBR Executive Order, XRP\u2019s near-term trajectory hinges on two crucial factors: the SEC\u2019s appeal strategy and potential XRP-spot ETF approvals. Bullish Scenario: If the SEC withdraws its appeal, XRP could break above its all-time high of $3.5505. Approval of XRP-spot ETF applications may further boost XRP demand, potentially pushing it toward $5 on institutional demand. Bearish Scenario: The SEC pursues its appeal and disapproves XRP-spot ETF applications, sending XRP below $1.5. XRP Price Action Daily Chart XRP has recorded two straight days of losses, trading below the 50-day Exponential Moving Average (EMA) but above the 200-day. The EMAs send bearish near-term and bullish longer-term price signals. A break above the 50-day EMA, bulls may target the March 2 high of $3.0153 as the next resistance level. A return to $3.0153 could signal a move toward the January 16 high of $3.3999. Favorable Ripple case-related news may bring the all-time high of $3.5505 into play. Conversely, a drop below the March 4 low of $2.2202 could bring sub-$2 levels and the $1.9299 support level into sight. A fall through the $1.9299 support level may enable the bears to target the February 3 low of $1.7024 next. With a 14-day Relative Strength Index (RSI) reading of 45.45, XRP could fall to the $1.9299 support level before entering oversold territory (RSI below 30). [ad_2]<\/p>\n","protected":false},"author":1,"featured_media":38038,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[45],"tags":[],"class_list":["post-38037","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financas"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts\/38037","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/comments?post=38037"}],"version-history":[{"count":0,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts\/38037\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media\/38038"}],"wp:attachment":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media?parent=38037"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/categories?post=38037"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/tags?post=38037"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}