XRP’s price reaction has remained muted following the US Securities and Exchange Commission’s (SEC) decision to drop its lawsuit against Ripple.
The bearish sentiment against the altcoin continues to strengthen, signaling an extended period of potential price consolidation or a downturn.
Ripple’s Legal Win Fails to Ignite XRP Rally—What’s Holding It Back?
On March 19, the SEC dropped its appeal and lawsuit against Ripple Labs, ending the five-year-long legal battle. While many anticipated this significant development would trigger a bullish rebound for XRP, its performance has remained lackluster
source: https://beincrypto.com/xrp-bears-delay-rally/