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The XRP price dropped 5% in the past 24 hours to trade at $3.14 as of 5:16 a.m. EST, with a 56% rise in trading volumes to $8.1 billion.
This comes even as the US Securities and Exchange Commission (SEC) leadership, including Commissioner Hester Peirce, confirmed that the agency has laid the Ripple case to rest.
Last week, the SEC's case against Ripple was finally laid to rest. A welcome development for many reasons, including that minds once occupied with litigation now can concentrate on creating a clear regulatory framework for crypto: https://t.co/xU1VrmSnFM
— Hester Peirce (@HesterPeirce) August 11, 2025
That’s after the SEC and Ripple filed a joint stipulation to dismiss their appeal and cross-appeal, respectively, in the Second Circuit court.
With the case closed and regulatory clarity achieved in the Ripple matter, XRP’s price outlook may now be turning positive.
XRP Price Eyes Next Breakout As Bulls Target Multi-Year Highs
The XRP price chart on the 3-day timeframe shows a strong uptrend that began in late 2024, with Ripple token price action breaking above key Fibonacci retracement levels and currently trading near $3.14.
After reaching the $3.68 resistance, the price of XRP pulled back to the $2.47–$2.93 zone before rebounding, suggesting bullish continuation.
The price of the Ripple token remains well above both the 50 Simple Moving Average (SMA) on the 3-day chart at $2.44 and the 200-day SMA at $1.39, indicating sustained upward momentum, according to data from GeckoTerminal.
Meanwhile, the Relative Strength Index (RSI) sits at 60.99, showing healthy bullish strength without being overbought.
The Moving Average Convergence Divergence (MACD) remains slightly bullish, with the blue MACD line above the orange signal line and histogram bars holding positive, pointing to buying pressure.
Can XRP Reach A New ATH After SEC Case Closure?
With SEC Commissioner Hester Peirce confirming that the Ripple-SEC case is “finally closed,” bullish sentiment around XRP is building.
If bullish momentum holds, the XRP price could retest the $3.68 resistance, with a potential breakout opening the path toward $5.63 on the -0.618 Fib level.
However, a break below $2.93 could shift sentiment, potentially sending the XRP price back toward the $2.47 or $2.09 support levels (0.382 and 0.5 Fib level, respectively).
Meanwhile, investors are piling into a new Dogecoin derivative presale called Maxi Doge Token (MAXI).
After racing past $100k raised within minutes of its launch less than 2 weeks ago, the presale has garnered over $743k. As a result, the 99Bitcoins YouTube channel, with over 723K subscribers, predicts MAXI has the potential to soar 100X after launch.
Maxi Doge Token Presale Nearing The $1 Million Mark
If you sat aside and watched early investors get rich on Dogecoin, Shiba Inu, Bonk, Floki, and Dogwifhat, there’s a meme coin with your name on it.
Maxi Doge is the new Ethereum-based dog coin that has watched its older cousins bask in success since 2017. This whole time, MAXI was ridiculed and spent his ‘adolescent’ years bouncing between rug pulls and failing in the gym.
But then he discovered the secret: 1,000x leverage and caffeine. Now, he’s here to show the other dog coins what he’s been working on.
Just like other meme coins, MAXI also encourages traders to forget orthodox investment principles, embrace camaraderie and collective belief while also chasing pumps.
The project reimagines the iconic Doge meme as a 240-lb canine juggernaut embodying the sheer willpower to help day-to-day investors unlock maximum gains all together.
Maxi Doge carries a powerful statement: “lift, trade, and repeat,” an ethos crafted to outperform even the original Dogecoin and deliver excellent returns to community members.
Its main aim is to build a community-driven ecosystem that thrives on harnessing 1,000x energy, shares leveraged insights, participates in competitions, and shares meme coin camaraderie to unlock maximum returns together.
🚨 $MAXI is now live in Upcoming Tokens! 🚨@MaxiDoge_ is a meme coin built for traders who play hard, lift heavy, and never stop watching the charts.
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🔥 Check out $MAXI in Upcoming TokensJoin Now! 👉 https://t.co/mV4V8pg1Ei pic.twitter.com/bN11nslpq4
— Best Wallet (@BestWalletHQ) July 29, 2025
Stake MAXI For 382% APY
The team has set aside 5% of its 150.24 billion token supply for staking. If you buy and stake now, the project offers a massive 382% annual percentage yield (APY).
Forty percent of the token supply is allocated to marketing and twenty-five percent towards partnership events via the “MAXI Fund,” a move aimed at amplifying visibility and volume.
MAXI tokens, priced at $0.0002515, can be purchased using ETH, BNB, USDT, USDC, or a bank card.
Buy before a price hike in less than 9 hours to lock in the best presale deal.
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