Federal Judge Analisa Torres has delivered another closely watched decision in the crypto market, leaving XRP price prediction debates wide open. The token trades at $1.09 and shows little urgency, with traders waiting for the legal dust to settle before making bigger moves.
Torres is best known for her July 2023 split ruling in the SEC's case against Ripple, where she found that programmatic XRP sales on exchanges were not securities, while institutional sales qualified as investment contracts. Her latest ruling comes from a different case, but traders are reading between the lines anyway.
XRP has been holding between $1.07 and $1.10 over the past 24 hours, reflecting a market that still lacks a clear winner. The base case remains continued consolidation between $1.07 and $1.16 until a legal or macro catalyst tips the balance.