Ripple Labs challenges SEC enforcement approach with strategic regulatory framework as XRP demonstrates technical patterns identical to 2017 rally structure.
Ripple Labs has delivered a strategic blow to the Securities and Exchange Commission with a meticulously crafted legal framework that could reshape cryptocurrency regulation. The company's latest submission explicitly challenges the agency's enforcement approach while XRP traders position for a potential expansion phase.
According to ChartNerdTA on X, Ripple is pushing the SEC toward a clear, rights-based framework that limits discretionary enforcement and aligns with established legal precedent. The move comes as XRP demonstrates technical patterns reminiscent of its legendary 2017 rally.
π£ $XRP: Ripple is explicitly pushing the SEC toward a clear, rights based framework that limits discretionary enforcement and aligns with established legal precedent. Given Ripple's direct experience with regulatory ambiguity around XRP, this approach is very forward looking π
Ripple's formal letter to the crypto task force represents years of regulatory warfare distilled into actionable policy recommendations. The submission advocates for transparent guidelines that replace enforcement-by-surprise with predictable standards.
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2017 Pattern Emerges as Support Holds
Technical formation mirrors XRP's previous explosive cycle. ChartNerdTA noted on X that the asset is showing signs of mimicking 2017's structure through three distinct phases: accumulation, wick drop for liquidity sweep, and expansion.
$XRP is still showing signs of mimicking 2017's structure: 2017: Accumulation β> Wick Drop (liquidity sweep) β> Expansion. 2025/6: Reaccumulation β> Wick Drop β> Awaiting expansion
The current reaccumulation phase has witnessed a wick drop that swept liquidity pools while defending a critical 13-month support base. Invalidation of this bullish scenario requires losing this foundational support level, which continues to hold despite broader market volatility.
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Price action suggests institutional positioning ahead of regulatory clarity. The combination of Ripple's proactive engagement with regulators and technical setup creates a convergence that historically precedes significant moves. The 13-month support has absorbed selling pressure while maintaining structural integrity.
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Ripple's regulatory strategy extends beyond defensive posturing. The company leverages its experience battling the SEC to propose frameworks that could benefit the entire digital asset industry. This forward-looking approach positions XRP as a potential beneficiary of upcoming regulatory shifts.
The technical and fundamental narratives align as XRP awaits the expansion phase. Whether the asset replicates 2017's performance remains contingent on maintaining current support levels and achieving the regulatory clarity Ripple actively pursues through official channels.
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Traders monitoring the 13-month support while regulatory developments unfold face a critical juncture. The historical pattern suggests patience during reaccumulation phases before explosive expansions materialize.
3 Key Takeaways:
- Ripple submits rights-based framework to SEC crypto task force limiting discretionary enforcement actions
- XRP mirrors 2017 pattern: reaccumulation phase complete awaiting expansion with 13-month support defended
- Technical and regulatory convergence creates potential catalyst for significant price movement ahead
Key Topics
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Ripple Crushes SEC: XRP's $3 Breakout Imminent?
Ripple pushes SEC toward clear crypto framework as XRP mirrors 2017 pattern. Technical setup shows reaccumulation complete with 13-month support holding firm.
