{"content":"🚨 Ripple Lawsuit Setback: XRP Price Continues to Slip as Court Denies Motion XRP price plunged by 5% shortly after Judge Analisa Torres denied an indicative ruling in the Ripple SEC lawsuit. {spot}(XRPUSDT) The decision has cast uncertainty over the case, dampening XRP market sentiment as bearish sentiment rises concerning delays in a potential settlement. Ripple’s Chief Legal Officer, Stuart Alderoty, will collaborate to address the concerns of the court. As XRP tests critical support, market analysts still remain hopeful of a bounce back. Amid a strong undercurrent in the altcoins market, XRP price performance has remained laidback with 16% monthly gains, while peers like Ethereum ($ETH ), Solana ($SOL ), Dogecoin ($DOGE ), and others are up by 3-50%. Following the court decision on Thursday to deny the joint motion in Ripple SEC lawsuit, XRP crashed 5%, slipping to $2.35 earlier today. The Ripple cryptocurrency faced a strong rejection at $2.6 earlier this week and corrected nearly 10% from the top. On the technical chart, XRP price is currently testing a crucial trendline, while facing a make-or-break situation. According to crypto trader “Man of Bitcoin,” a breach under this trendline could lead to a substantial pullback to the next support identified in the $2.19 to $1.79 range. As per the Coinglass data, the XRP open interest has also tanked 6% to $5.08 billion, while the 24-hour liquidations have crossed to $22.86 million of which $20.37 million is inlong liquidations. #xrp #Xrp🔥🔥 #ETH #sol #DOGE ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025052025/05/16/ff326bf110ef4cf88b517fd47035079f.png"],"tags":[],"tradingPairs":["SOL/USDT"],"quotearticleid":0}