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XRP Price Decline – Wednesday, May 28, 2025 Today, XRP is

fulldeg

Updated at: 3 days ago

{"content":" XRP Price Decline – Wednesday, May 28, 2025 Today, XRP is facing notable downward pressure, driven by a mix of legal setbacks and negative technical signals. Here's a breakdown of the key factors behind the drop: --- 1️⃣ Legal Blow in Ripple vs. SEC Case Judge Analisa Torres has rejected a critical motion from Ripple, further complicating the ongoing litigation with the U.S. SEC: Ripple’s request to lift the ban on XRP sales to institutional investors was denied. The judge also refused to reduce the $125 million penalty, calling Ripple’s motion “procedurally improper.” 📉 This ruling has shaken investor confidence, creating fresh uncertainty around Ripple’s legal outlook and contributing to the sell-off. --- 2️⃣ ETF Approval Delayed The SEC has postponed its decision on the proposed XRP-based ETF, raising concerns among traders and investors: The delay adds to the growing fear that approval may be significantly delayed or even denied. This has put additional pressure on sentiment, particularly among those hoping for a regulatory breakthrough. --- With both legal and regulatory headwinds in play, XRP’s price is reacting sharply, and short-term outlook remains cautious until more clarity emerges. $XRP {spot}(XRPUSDT)","images":[],"tags":[],"tradingPairs":["XRP/USDT"],"quotearticleid":0}

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