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The XRP price went up 1% in the last 24 hours to trade at $2.08 as of 5:00 a.m. EST on trading volume that dropped 5% to $3.13 billion.
The Ripple Token is once again dominating the headlines as reports about the US Securities and Exchange Commission (SEC) and Ripple Labs, the company that created XRP, agreed to put their legal battle on pause. The two filed a joint motion to pause the appeal proceedings, so while the legal battle, which started years ago, is still not over, it is at least halted for now.
#XRPCommunity #SECGov v. #Ripple #XRP The parties’ joint motion to hold the appeal in abeyance has been granted. The @SECGov is directed to file a status report within 60 days of this Order. pic.twitter.com/mUgEBaJRuU
— James K. Filan 🇺🇸🇮🇪 (@FilanLaw) April 16, 2025
The parties will instead hold the ongoing appeal and cross-appeal in abeyance. The court also asked the SEC to file a status report within 60 days. XRP’s price reacted to the news with strong volatility, going up and down between $2.06 and $2.11.
XRP Price Prediction
As the two entities called a temporary truce, XRP’s price saw a surge from around $2.03 to over $2.13, causing a major widening of its Bollinger Bands. However, as mentioned, the price started fluctuating strongly, starting with a sharp correction, and then another surge, followed by another correction.
Even now, the coin has still not stabilized, although its fluctuations have grown smaller over the past five hours, which started causing the bands to narrow.
XRP/USDT chart analysis (Source: TradingView)
The project’s Relative Strength Index (RSI) value also saw continuous smaller fluctuations, but overall, the sentiment turned bullish. Early yesterday, the RSI fluctuated between the oversold zone and the neutral area, at the value of 50. However, following the announcement, the RSI started fluctuating between 40 and 60, which was around the time the price started to surge.
This suggests that XRP never reached its full potential during these fluctuations, and there was always more room for growth. Given the fact that traders didn’t pump its RSI enough to reach the overbought zone, it can be concluded that traders have reservations and are waiting to see how things will play out. Earlier today, the RSI even rushed to 64.21, but it soon started dropping to the neutral value of 50 once again.
Promising Alternative To XRP
With uncertainty surrounding XRP despite positive news, many have instead turned to SUBBD Token (SUBBD) — a new project which started its ICO only last week. Many believe that the project has massive 100x potential, including crypto YouTuber ClayBro, who has over 136k subscribers.
SUBBD Token is the native crypto of a platform that aims to offer a new, decentralized space for content creators, and it uses AI to help them shed off the burdens of management. This AI has the capability to take over some more mundane, boring management tasks, leaving content creators with more time for their fans.
That is important, as many fans on other platforms started feeling disconnected from their favorite creators due to their time-consuming management obligations. By using AI to take over some of these tasks, a proper connection can be established, and so far, over 2,000 top-earning content creators have loved the idea so much that they joined the platform.
Their combined following stands at over 250 million fans, all of whom could become potential users of the SUBBD Token. Speaking of the token, it is selling in ICO for only $0.055175, and its presale has raised over $181k within days.
Utility drop #2: Spotted… another perk for the privileged. 🍯
With $SUBBD, you’ll be able to unlock platform discounts on content and subscriptions.
Pay less. Get more. Stay spoiled.$SUBBD comes with benefits.
Presale’s still live – you know what to do. 💖 pic.twitter.com/Y1Cy0zHSGi
— SUBBD (@SUBBDofficial) April 16, 2025
SUBBD Token holders will be able to earn XP, bonuses, and exclusive perks like accessing exclusive content, VIP staking benefits, platform discounts, early beta access, and more.
To get in on these perks and secure the best deal, interested investors will want to buy before the next presale price hike in less than 24 hours.
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