<ul data-eligibleForWebStory="true"><li>June 16 is a significant date for the XRP price due to an upcoming deadline related to the Ripple SEC lawsuit.</li><li>Legal expert Bill Morgan revealed that the SEC must report to the Appeal Court by June 12, impacting the future of the lawsuit and XRP price.</li><li>Judge Torres denied Ripple and the SEC’s motion for an indicative ruling in the XRP lawsuit.</li><li>The parties were granted a 60-day pause by the Appeal Court, with the SEC required to file a status report by the deadline on June 12.</li><li>Legal expert Fred Rispoli expects a refiling of the motion before Judge Torres before the June 16 deadline.</li><li>If nothing is pending by June 16, the Appellate case may restart.</li><li>A motion refiling could be positive for XRP price, indicating intentions for a settlement agreement.</li><li>The XRP price consolidation is expected to end by June 16, according to crypto analyst CasiTrades.</li><li>CasiTrades suggested the possibility of XRP reaching a new all-time high on June 16, projecting upside targets in the $8 to $13 range.</li><li>Current XRP price is around $2.24, down nearly 2% in the last 24 hours.</li></ul>

Here’s Why The June 16 Date Is Important For The XRP Price – ATH Next?

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