{"content":"🚀 XRP Eyes Bullish Fractal Breakout — Is History About to Repeat? Pre-Fed interest rate decision, XRP falls below $2.00 support. Ripple submitted an additional letter in their joint petition with the US SEC seeking an indicative finding. Support around $2.00 might spark a bullish fractal breakthrough for XRP. Ripple (XRP) is showing indications of a positive rebound after falling 9% from $2.34. The cross-border money transfer token trades at $2.15 as crypto market mood stays tranquil. Experts recommend the FOMC keep rates between 4.25% and 4.50%. Ripple submitted an additional letter supporting its joint SEC request for an indicative finding. The defense counsel said that neither Ripple nor the SEC is asking Judge Analisa Torres of the Southern District Court of New York to amend the "Summary Judgment Order." Ripple said that the suggestive verdict does not release it from securities law duties. The letter stressed that the joint motion is principally about the decreased penalty due to appeal risk. In keeping with the SEC's commitment to a "clear rule of the road" for the cryptocurrency industry, Ripple has asked the court to accept the $50 million settlement. In the Summary Judgment, Judge Torres ordered Ripple to pay $125 million, far less than the SEC's $2 billion. In early May, Ripple and the SEC reached a $50 million settlement, necessitating a combined indicative ruling motion. Technical outlook: XRP bearish before Fed rate decision. Depending on emotion after Fed interest rate decisions, a fast recovery toward red resistance on the 4-hour chart below or a collapse below $2.00 support might occur. Since late May, XRP has repeatedly touched support at $2.00 and resistance around $2.34, suggesting a reversal over $2.00. Such a surge might push the price past resistance at $2.34 and XRP's May top of $2.65. Bulls are still disadvantaged by the 4-hour 50-period Exponential Moving Average (EMA) at $2.19, the 100-period at $2.21, and the 200-period at $2.23. #FOMCMeeting #Xrp🔥🔥 #xrp $XRP ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/18/33bd4660423f4fa08ea052286de1dae1.png"],"tags":[],"tradingPairs":["XRP/USDT"],"quotearticleid":0}