XRP continues to plummet? The Ripple and SEC lawsuit may not be resolved before 2026

A recent rumor related to the legal battle between Ripple (XRP) and the U.S. Securities and Exchange Commission (SEC) is spreading, suggesting that this legal battle could last until 2026.

However, the legal factors along with the latest developments in the XRP market suggest a more optimistic view: the incident may be resolved sooner than expected.

In this context, XRP has signaled a price increase, as some analysts have noted a surge from the "golden pocket" area - a critical technical support zone.

Possibility of Ripple and SEC lawsuit being prolonged

A post on X by the market analyst AltcoinBale has reignited the debate over the timing of the end of the Ripple and SEC lawsuit.

In the post, Bale asserts that the resolution of the lawsuit may be delayed until 2026. This prediction quickly spread, causing much speculation in the crypto community.

It is worth noting that Bale also mentioned that August could be the deadline for significant developments in the case - without providing any further details.

Currently, no court records have confirmed the 2026 timeframe, but Bale's statement has drawn more attention to the upcoming rulings of Judge Torres.

Lawyer Bill Morgan denies the possibility of the lawsuit being postponed until 2026

Lawyer specializing in XRP - Bill Morgan said that the scenario of a lawsuit dragging on until 2026 is unlikely to happen. He explained that this will not happen if Judge Analisa Torres approves the pending joint motion, which Ripple and the U.S. Securities and Exchange Commission (SEC) (SEC) had previously submitted.

According to Morgan, the likelihood of prolonged litigation will significantly decrease if Judge Torres follows the expected direction. He emphasizes that the judge tends to approve the general proposal requesting a directional decision, rather than reject it.

This approval will help hold the original summary judgment and current penalties, thereby avoiding the litigation falling into prolonged appeals.

Legal experts expect the court to issue a quick ruling

Lawyer Bill Morgan continues to clarify his expectations, believing that Judge Torres may choose a resolution direction based on procedural efficiency.

If the joint proposal is successfully approved, the settlement process in the ongoing Ripple and SEC lawsuit may be accelerated in just a few weeks.

He emphasizes that this direction is likely to help avoid unnecessary delays and prolong litigation, including the 2026 timeframe that has been circulating on social media recently.

In previous posts, Morgan also acknowledged concerns surrounding the collective proposal, however, he still expressed confidence that the court will accept this request, based on established legal precedents and the progress of the lawsuit to date.

In addition, some other legal experts such as James Farrell also believe that the joint recommendation could expedite the process of resolving the lawsuit.

Although there are still some lawsuit scenarios that could extend until the end of 2026 or even 2027, these predictions are speculative and depend on whether the current recommendation is rejected or not.

XRP price finds support at important technical area

In parallel with legal developments, the XRP price has shown signs of recovery, bouncing from a significant Fibonacci support zone.

According to the chart data shared by analyst Steph is Crypto, XRP has surged from the "golden pocket" range of $1.92 to $1.95.

This is the area defined by the Fibonacci retracement level of 0.618 to 0.65 - often considered a strong technical support area during market corrections.

Source: XTherefore, right after XRP reached the golden pocket area on the daily chart, the price bounced back up. This reaction shows the interest of traders in holding this important support zone.

If the recovery continues, XRP could test the Fibonacci 0.5 level at $2.08, even advance further to the resistance area around $2.2 on the price uptrend.

However, if the price closes below the golden pocket area, attention will shift to the next support area at $1.79, corresponding to the 0.786 Fibonacci level.

Meanwhile, another analyst AltcoinGordon points out a descending triangle pattern forming on the weekly chart of XRP. According to his analysis, many traders may overlook this pattern until a breakout occurs.

At that time, they could inadvertently become a liquidity escape for those who entered the order early. AltcoinGordon's chart shows a series of decreasing lows, converging around the $1.02 level, indicating that the price is being compressed - a phenomenon often signaling an impending strong movement.

Source: Furthermore, the descending wedge pattern is often seen as a bullish signal, especially when it slopes downward, as this pattern usually leads to a breakout.

This indicates that the price of XRP may be approaching a key point. According to Gordon's analysis, when the breakout occurs, it could happen quickly and with a large magnitude.

Minh Anh