Share this article
Ripple-SEC Rally Cools as XRP Drops 2% on Heavy Profit-Taking
Token retreats from early highs as institutional selling emerges, with volumes remaining elevated after Ripple-SEC legal resolution.
Updated Aug 12, 2025, 4:15 a.m. Published Aug 12, 2025, 4:14 a.m.
What to know:
- XRP fell 2% from $3.19 to $3.14 in the 24-hour period ending August 12, after reaching an intraday high of $3.32.
- Ripple Labs and the SEC have settled their legal dispute, boosting XRP trading volumes by 208% to $12.4 billion.
- Despite the settlement, XRP's price remains influenced by macroeconomic factors, including trade disputes and monetary policy shifts.
Technical Analysis Overview
XRP drops 2% in the 24-hour period ending August 12, sliding from $3.19 to $3.14 after touching an intraday peak of $3.32 at 08:00. The move comes after two days of double-digit gains on regulatory clarity, with selling pressure concentrated in the 19:00 hour — a $3.20 to $3.15 drop on 73.87 million volume.
Support holds at $3.13 after multiple successful tests, while resistance builds at $3.27, setting a defined near-term range. Final-hour trade sees a bounce from $3.13 to $3.14 on late buying, with volume spikes of 3.21M and 4.45M signaling dip-buying interest.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
News Background
Ripple Labs and the Securities and Exchange Commission have formally ended their nearly five-year legal battle, jointly dismissing appeals in the XRP case. The settlement removes a significant compliance overhang, unlocking greater institutional participation. Daily trading volumes have jumped 208% to $12.4B since the announcement, with open interest also climbing.
Despite the legal breakthrough, broader crypto sentiment remains tied to macro factors, including ongoing international trade disputes and shifting monetary policy expectations.
Price Action Summary
• XRP declines from $3.19 to $3.14 in the August 11 01:00–August 12 00:00 window
• Intraday peak of $3.32 at 08:00 meets heavy resistance, triggering selloff
• 19:00 hour sees $3.20 to $3.15 drop on 73.87M volume — session’s heaviest print
• Support confirmed at $3.13; resistance locked at $3.27
Market Analysis and Economic Factors
The pullback reflects natural profit-taking after XRP’s post-settlement rally. Large holders appear to be rebalancing positions while maintaining bids at $3.13-$3.15, indicating no deterioration in longer-term sentiment. Macro uncertainty continues to influence broader flows, though XRP’s regulatory clarity gives it relative insulation versus peers.
Technical Indicators Analysis
• Support: $3.13 (multiple volume-backed tests)
• Resistance: $3.27-$3.32 (repeated rejection)
• Intraday range: $0.19 (6% volatility)
• Heavy 19:00 volume suggests coordinated institutional selling
• Late-session accumulation keeps price above $3.13
What Traders Are Watching
• Breakout potential above $3.27 to resume upward momentum
• Stability of $3.13 support on further profit-taking waves
• Persistence of institutional inflows post-regulatory settlement
• Macro spillover effects from trade and monetary policy developments
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
SGX's Crypto Futures Draw New Liquidity, Not Diverted Cash, Exchange's President Says
Institutions are pursuing cash-and-carry arbitrage, not outright bullish plays, Syn said.
What to know:
- SGX's bitcoin and ether perpetual futures are building liquidity incrementally, Michael Syn, president of the Singapore exchange, said.
- Institutions are pursuing cash-and-carry arbitrage, not outright bullish plays, he added.
- The exchange's regulated perpetual futures offer improved risk-management practices, avoiding the high-leverage auto-liquidations common in unregulated markets.
Top Stories
