- A prominent crypto lawyer has stated a delay of the Ripple lawsuit into 2026 is “improbable.”
- He forecasts a resolution could come within weeks if the presiding judge approves a joint motion.
- Bloomberg analysts have raised spot XRP ETF approval odds to 90%, citing SEC engagement.
The timeline for a final resolution in the Ripple vs. SEC lawsuit continues to dominate the conversation around XRP, with recent speculation suggesting the case could drag on until 2026.
However, prominent crypto-focused lawyer Bill Morgan is pushing back on that narrative, arguing that a final decision from the presiding judge could be just weeks away.
Legal Analysis: Why a Long Delay is ‘Improbable’
In a post on X, Morgan noted it would be “improbable” for Judge Analisa Torres to reject the current joint motion unless she intends to overturn her prior summary judgment–a move he sees as highly unlikely. Instead, Morgan forecasts a “common-sense decision” that upholds current penalties and accelerates closure.
If the judge approves the motion as expected, he believes a resolution could come within weeks, not years, providing a long-awaited catalyst for the XRP market..
Institutional Momentum Builds for a Spot ETF
Legal clarity is a critical prerequisite for the launch of a spot XRP ETF, an event the market now sees as nearly certain.
Bloomberg analysts James Seyffart and Eric Balchunas have upgraded approval odds across the board, citing active engagement from the SEC as a “very positive sign.”
The 19b-4 filings for XRP ETFs have already been acknowledged by the SEC, with a final decision deadline set for October 17, 2025. Major players including Grayscale, 21Shares, WisdomTree, and Franklin Templeton are in the mix, underlining serious institutional intent.
While the precise timing of any ETF approval remains hazy, ranging from the next few months to Q4 2025, the direction seems inevitable. In Seyffart’s words: “It’s a matter of when, not if.”
Chart Analysis: Calm Before the Storm
As per the daily chart below, XRP trades at $2.03 with support level at $2.00–$2.08 (0.236 Fib level) and immediate resistance at $2.52 (Fib 1.618), followed by $2.79 (2.618).
On the other hand, the RSI is at 44 suggesting that XRP is neutral, bordering oversold territory. The MACD indicates that a bearish crossover persists but shows signs of flattening, hinting at a momentum shift.
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If XRP maintains the $2 psychological and Fibonacci support, it could attempt a rally toward the $2.52–$2.79 zone, with higher Fibonacci targets at $3.07 (3.618) and $3.24 (4.236) in a bullish scenario. Conversely, a breakdown below $2 could invalidate the current structure, exposing the asset to further downside toward $1.80 or lower.
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