XRP $10 Price Tag Hinges On SEC Lawsuit Conclusion, Analyst Says
31 Janvier 2025 - 3:00PM
NEWSBTC
Ripple versus the US Securities and Exchange Commission is one of
the longest-running battles in the crypto space. The situation has
brought a lot of uncertainty for XRP holders and investors. But the
end of this lawsuit is very close, and experts are expecting a big
swing in the price movement of XRP. Just how high can the altcoin
go once the legal battle is officially over? Related Reading: $534
Million Exit: DeepSeek Debut Sends Shockwaves Through Crypto ETFs
Legal Resolution May Catalyze XRP Surge The general consensus in
the crypto community is that once Ripple’s battle with the SEC is
done, XRP will have a huge rally. Many experts think that the
uncertainty of the lawsuit has kept the price of XRP artificially
low. Once the legal cloud clears, the coin could touch new heights.
The end of the lawsuit would most likely indicate that the
regulatory hurdles that had been holding Ripple back are now
finally behind them. When they announce the SEC lawsuit is fully
over it’s entirety possible $XRP jumps above $10. 🚀🚀🚀 — EDO FARINA
🅧 XRP (@edward_farina) January 28, 2025 A community expert recently
said that if the right agencies announce the SEC vs. Ripple case is
completely settled, the price of XRP could possibly rise to $10.
This would be a record high for the altcoin, which has been stable
around $3 since January 16. The Coin’s Future Price, According To
Expert Opinion One of the prominent members of the crypto
community, Edward Farina, thinks that after the litigation is
settled, the token’s price would rise. Farina predicted that once
investors had faith in the initiative again, XRP’s market value
would soar. He underlined that since it would give institutional
investors clarity and security, the resolution of the SEC case
would probably lead to a wider adoption of the crypto asset.
Unfortunately, 95% of $XRP holders are likely to sell at $10,
missing out on the true long-term gains. Many have sold at $0.80,
settling for far less. Don’t make the same mistake by rushing into
devaluated “stablecoins”. Make sure you’re locked in for the
perpetual run. — EDO FARINA 🅧 XRP (@edward_farina) November 25,
2024 A push to the $10 barrier would require over 200% surge from
present levels, since XRP is now trading at $3.12. Such an increase
is still within the realm of possibility for the altcoin, given its
enormous 400% increase from November 5 to December 3 on the heels
of the excitement surrounding Donald Trump‘s recent election win.
Related Reading: Dogecoin (DOGE) Signals New Upside Move: Can Bulls
Take Charge? Market Optimism Hinges On Lawsuit Outcome No doubt,
the crypto market reacts sharply to regulatory clarity.
Historically, price surges have followed the resolution of major
legal challenges, and XRP is expected to follow a similar trend.
The outcome of the case could have a wider impact than just on XRP,
likely improving perceptions about the entire cryptocurrency
market. The favorable shift could lead to more institutional and
retail investments streaming into XRP. Featured image from Gemini
Imagen, chart from TradingView
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