Top Ripple (XRP) Price Predictions as of Late

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• XRP has remained resilient amid the overall market decline, with analysts anticipating significant future gains.
• Ripple's ongoing lawsuit against the SEC could significantly impact the price of the asset, depending on the outcome.

XRP Future Forecast

The recent correction in the cryptocurrency market, which led to a decline in the prices of Bitcoin (BTC), Ethereum (ETH) and many other digital assets, was not so devastating for Ripple (XRP). Despite briefly falling below $0.50, the coin is up 3% over a two-week range (according to CoinGecko data).

Many analysts believe this could be a great starting point for big gains In the near future. One person who the summary Such a prediction is made by X user Mikybull Crypto. The trader argued that the “bottom” for XRP has been reached Confirmed“, adding that the asset is preparing for an “explosive move.”

Another bullish analyst is Dark Defender, which… is expected That the price of the asset is still ready to reach $1.88 on the weekly time frame.

EGRAG CRYPTO has also provided two cents to monitor some basic technical indicators. The analyst claimed that XRP has been “oscillating” around the 21 Exponential Moving Average (EMA) for some time, forming “several monthly candles shy.”

The trader believes there will be a Positive change once the “Kaboom or God Candle” occurs. “We need to stay steady because the big move is just around the corner,” they I finish.

Last month, EGRAG CRYPTO foot Two possible paths for the XRP price trajectory in the following months. The first scenario depicts the token trading in a range of $1.20-$1.80 by June and July, while the second option suggests a rise to an all-time high of $4 by September of this year.

Waiting for news on the Ripple vs. SEC front

One of the key events that could positively impact the price of XRP is the resolution of the lawsuit between Ripple and the US Securities and Exchange Commission (SEC). The trial between the entities began at the end of last month, and has only ended so far progress Additional confrontation instead of result.

Remains Not clear When will the case be officially closed due to potential delays, appeals from both sides, and the complexity of the legal process remains to be seen. One person envisioned a possible settlement In the near future He is American lawyer Jeremy Hogan. It is believed a $100 million deal could be reached this summer.

For those interested in learning more about the lawsuit, its details, and its potential impact on XRP valuation, please watch the video below: