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XRP Price Shows Short-Term Uptrend Ahead of Closed-End Meeting Between Ripple and SEC Some crypto community members believe that Ripple and the Securities and Exchange Commission (SEC) could announce a settlement as early as July 25. The SEC will hold a closed-end meeting on that day, with topics including “organization and settlement of administrative proceedings, resolution of lawsuits, and other matters related to examinations and enforcement proceedings.” In anticipation of the upcoming meeting of Ripple project representatives with regulators, the price of XRP is growing within the ascending channel. The relative strength index (RSI) on the 12-hour chart is above the neutral mark of 50 (59.02 at the time of writing). This indicates the prevalence of buying activity among market participants. This RSI value shows that traders are actively accumulating tokens in anticipation of a favorable outcome of the upcoming meeting.