Despite recent legal progress with the SEC, XRP’s price performance has remained stagnant and even declined by 35% since the start of 2025. Market sentiment has significantly shifted, plummeting from a high of 90% to just 4%. This decline is attributed to a confluence of factors, including a lack of correlation between legal progress and price movements, and bearish market signals evident in technical indicators such as the RSI nearing oversold conditions and the MACD exhibiting a downward trend. Experts are closely watching for a resolution in the ongoing legal battle with the SEC, which many anticipate will significantly impact XRP’s trajectory. This awaited resolution may lead to an approved XRP exchange-traded fund (ETF), potentially driving investor confidence. However, until then, uncertainty persists regarding the digital asset’s future performance.