{"content":"🚀 XRP Eyes New All-Time High as Ripple–SEC Near Resolution Positive market mood pushes XRP to $3.38. Ripple, US SEC ask Second Circuit to reject appeals. A purchase signal from the MACD indicator suggests XRP is bullish. After the US Securities & Exchange Commission (SEC) announced a possible conclusion to its five-year litigation, speculative demand boosted Ripple (XRP) to $3.38 on Friday. The cross-border money transfer token is rallying toward its all-time high of $3.66, set on July 18 and the subsequent price discovery period. Stuart Alderoty, Ripple's Chief Legal Officer, said in the filing that each participant must pay its own expenses and charges. The petition is a crucial step in resolving Ripple's legal dispute with the regulator. The SEC sued Ripple in 2020 for selling unregistered securities despite US securities regulations. In 2023, a key court declared programmatic XRP sales on Binance and Coinbase are not unregistered securities. The court held Ripple liable for direct institution sales. Ripple and the SEC have examined settlement options in recent months, notably after the blockchain firm was fined $125 million in an interest-earning escrow account. Both parties settled for $50 million this year. Judge Analisa Torres of the District Court for the Southern District of New York denied the combined petition to discontinue the litigation, citing an insufficient procedural procedure. Status reports from the SEC are due to the court by August 15. According to the joint motion to the Second Circuit After rejecting an intraday high of $3.38, XRP is consolidating gains around $3.36. After the SEC joint motion report, token interest increased on Thursday. Near the end of July, $3.32 was challenged, the 50-period Exponential Moving Average (EMA) at $3.07, the 100-EMA at $3.06, and the 200-EMA at $2.95 were key support levels. A daily closure over intraday high resistance at $3.38 might boost the upswing and raise bulls' chances of reaching the record high of $3.66 and the medium-term objective of $4.00. #xrp #ETHBreaks4000 $XRP $ETH ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/08/a614c18f5086454b8f7f955b3dfb00bb.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}