In a pivotal development for the cryptocurrency markets, XRP has shown strong signs of a bullish reversal, backed by key technical indicators and a major legal shift from Ripple Labs. On June 28, 2025, XRP’s technical momentum surged while Ripple confirmed it would drop its cross-appeal in the long-running legal battle with the U.S. Securities and Exchange Commission (SEC). This dual catalyst—technical strength and regulatory clarity—has reignited investor confidence in XRP’s near-term trajectory.
XRP Balance of Power Shifts to Bulls With 0.86 Reading
On June 28, 2025, the Balance of Power (BOP) indicator for XRP/USD reached 0.86—a robust bullish signal indicating that buyers have firmly taken control of the market. The BOP measures the dominance of buyers versus sellers by analyzing price direction and trading volume. Readings approaching +1 reflect intense buying pressure, while values near -1 suggest strong selling.
👉 Discover how market sentiment tools like BOP can boost your trading edge.
Historically, XRP’s BOP has oscillated between positive and negative throughout early 2025, reflecting market indecision amid ongoing legal uncertainty. However, this latest spike marks one of the strongest bullish prints in months. It coincides with a breakout from a falling wedge pattern on the daily chart—a classic technical formation often followed by significant upward moves.
This shift suggests that institutional and retail interest may be converging, with capital flowing into XRP positions. If the BOP sustains above 0.5 in the coming days, it could signal sustained accumulation and pave the way for further price appreciation.
MACD Momentum Builds as Bullish Crossover Looms
Adding to the bullish case, the Moving Average Convergence Divergence (MACD) indicator for XRP/USD has turned positive, with the histogram printing at 0.00768. The MACD tracks momentum using two exponential moving averages—the 12-day and 26-day EMAs—with their difference visualized in a histogram. A rising histogram and crossover above the signal line typically precede upward price action.
Currently, the MACD line (blue) is at -0.02264 and climbing, while the signal line (orange) sits at -0.03032. The narrowing gap between them indicates weakening bearish momentum and growing bullish potential. A full crossover above the signal line—especially if accompanied by expanding green histogram bars—would confirm a new uptrend.
This developing momentum aligns with the falling wedge breakout and reinforces the idea that XRP may be entering a new phase of price discovery. Traders are now watching for volume confirmation to validate this technical shift.
Why Technical Indicators Matter in Crypto Markets
In highly volatile markets like cryptocurrency, technical indicators provide critical context beyond price alone. Tools like BOP and MACD help traders identify shifts in sentiment before they become obvious on price charts. When multiple indicators converge—such as both BOP and MACD turning bullish—the signal strength increases significantly.
For XRP, this confluence suggests that market structure is shifting from neutral to bullish. While past performance doesn't guarantee future results, historically, similar setups have preceded rallies of 20% or more within weeks.
Ripple Ends Legal Battle, Drops Cross-Appeal Against SEC
On June 28, 2025, Ripple Labs announced it would drop its cross-appeal in the SEC lawsuit, marking a decisive step toward closing one of crypto’s most watched legal battles. CEO Brad Garlinghouse confirmed the move on social media, stating it was time to “close this chapter once and for all.”
This decision follows a June 27 court ruling in which U.S. District Judge Analisa Torres rejected a joint motion by Ripple and the SEC to reduce Ripple’s $125 million civil penalty and lift an injunction on institutional XRP sales. With no legal grounds to revisit prior rulings, Ripple chose to dismiss its appeal rather than prolong litigation.
Stuart Alderoty, Ripple’s Chief Legal Officer, clarified that the company had two paths: continue challenging the classification of past institutional sales as securities offerings or accept the finality of the court’s decisions. Ripple opted for closure.
Importantly, Alderoty emphasized that the legal status of XRP remains unchanged: XRP is not a security when sold on public exchanges, per Judge Torres’ earlier ruling. However, certain institutional distributions were deemed unregistered securities offerings under Article 5 of the Securities Act.
The original SEC lawsuit, filed in December 2020, alleged Ripple raised $1.3 billion through unregistered sales of XRP. In August 2024, Judge Torres imposed a $125 million fine—significantly less than the SEC’s initial $2 billion demand—marking a partial victory for Ripple.
👉 Stay ahead of market-moving news with real-time crypto updates.
If the SEC withdraws its own appeal—as expected—this would formally end a four-year regulatory saga that has influenced how digital assets are classified across the United States.
What This Means for XRP Investors
The combination of technical strength and legal resolution creates a powerful catalyst for XRP. With Ripple stepping away from litigation, the company can refocus on its core mission: building the Internet of Value through fast, low-cost cross-border payments.
From an investment perspective, reduced regulatory overhang removes a major source of uncertainty that has weighed on XRP’s valuation for years. This clarity may attract institutional capital that previously avoided XRP due to compliance concerns.
Moreover, Ripple’s ongoing partnerships with financial institutions worldwide—especially in emerging markets—position XRP as a functional utility token in real-world payment systems.
Frequently Asked Questions (FAQ)
Q: Does dropping the cross-appeal mean Ripple lost the case?
A: Not exactly. While Ripple was found to have conducted unregistered securities sales in certain institutional offerings, the court ruled that XRP itself is not a security when traded publicly. Dropping the appeal signals acceptance of the final judgment rather than defeat.
Q: Is XRP now fully cleared by U.S. regulators?
A: The court decision provides strong legal precedent, but the SEC has not issued an official statement declaring XRP non-securitized. However, Judge Torres’ ruling carries significant weight in U.S. federal courts.
Q: Could this lead to XRP being relisted on major U.S. exchanges?
A: Yes. Several exchanges delisted XRP during the lawsuit. With clearer regulatory standing, relisting discussions are likely to resume.
Q: What are the next key price levels for XRP?
A: Technically, a breakout above $0.60 could open the path to $0.75–$0.80 in the short term, depending on volume and market conditions.
Q: How does this affect other cryptocurrencies facing SEC scrutiny?
A: The Ripple case sets an important precedent: not all tokens are securities. This could benefit other projects arguing for commodity or utility status.
Final Outlook: A New Chapter for XRP
With legal headwinds fading and technical momentum building, XRP stands at a turning point. The Balance of Power and MACD indicators suggest growing buyer conviction, while Ripple’s strategic pivot back to innovation underscores long-term confidence.
👉 See how top traders analyze breakout opportunities like this one.
As market participants digest these developments, attention will shift to adoption metrics, exchange listings, and on-chain activity. For now, the balance of power has shifted—not just on charts, but in courtrooms and boardrooms alike.
Core Keywords: XRP, Ripple SEC lawsuit, Balance of Power indicator, MACD indicator, bullish breakout, cryptocurrency regulation, XRP price analysis, crypto legal update