XRP (XRP) has been a subject of significant attention in the cryptocurrency market, particularly due to its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). The recent extension granted to Ripple to respond to the SEC’s appeal has further heightened market uncertainty. While the short-term technical analysis suggests a bearish trend, the long-term outlook remains cautiously optimistic. The potential resolution of the SEC case is a crucial factor that could significantly impact XRP’s price trajectory.