Bullish XRP Chart Pattern Emerges Just Before Major SEC Deadline April 16

• Ripple faces key Apr 16 deadline to file SEC appeal brief on XRP sales
• XRP price ~$2.15 holds $2.12 support ahead of crucial legal date
• XRP’s technicals (RSI rising, MACD crossing) show bullish market anticipation

XRP’s legal battle with the U.S. Securities and Exchange Commission (SEC) approaches a defining moment on April 16, 2025. Ripple is set to file a critical appellate brief in its long-running fight with the US securities regulator, coinciding with signs of technical strength in the XRP market.

The ongoing legal battle, first launched in 2020, has shadowed XRP’s performance and market sentiment for years.

What Happens April 16 in Ripple vs SEC Case?

On April 16, Ripple must present its arguments challenging the SEC’s appeal of a key 2023 court ruling. 

That ruling, by Judge Analisa Torres, found that Ripple’s programmatic sales of XRP did not qualify as securities offerings – a partial but significant victory for the company. Ripple’s filing aims to defend that ruling, potentially shaping XRP’s regulatory path in the US.

Related: XRP Analysis: Will XRP Make or Break its Current Support?

Besides the courtroom drama, market partic…

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