XRP Price Prediction After Lawsuit: How High Can XRP Go After Ripple vs SEC Ends?

The post XRP Price Prediction After Lawsuit: How High Can XRP Go After Ripple vs SEC Ends? appeared first on Coinpedia Fintech News

The US Securities and Exchange Commission (SEC), led by acting chairman Mark Uyeda, has recently withdrawn legal cases against major crypto firms like Coinbase and Consensys. Many now believe the regulator may soon drop its four-year lawsuit against Ripple.

In July 2023, when Judge Analisa Torres ruled that XRP was not a security, its price surged by 101% before falling back. If the SEC dismisses the case against Ripple, XRP could see another major price rally.

Let’s take a closer look at what could happen next.

Ripple’s Biggest Roadblock – The Institutional Sales Ban

One of the biggest challenges for XRP has been the SEC’s injunction preventing Ripple from selling XRP to institutional investors. This restriction has held back its market growth.

According to multiple sources, Ripple is now negotiating with the SEC to remove this injunction before the case is officially dismissed.

Could XRP Surge Again? AI-Based Analysis Weighs In

Experts believe lifting legal restrictions on XRP sales could boost investor confidence, potentially driving up its price.

A price analysis using ChatGPT suggests that if XRP follows the same pattern as in July 2023, its price could increase by around 101 percent.

• Right now, XRP is trading at $2.33. A 101 percent rise would push it to about $4.68.
• A stronger rally could result in a 150 percent jump, reaching $5.82.
• If a bull market adds momentum, the price could soar by 200 percent to $6.99.

However, factors like regulatory clarity, market conditions, institutional interest, and investor sentiment will play a major role in determining how high XRP can go.

• Also Read :
•   Ripple News: John Deaton Shuts Down False Claims About XRP in State-Level Payments
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Has the Market Already Priced In the Settlement?

Not everyone expects a massive price rally. Some analysts warn that XRP’s price may not rise significantly if investors have already factored in the lawsuit’s outcome. Without an unexpected twist, the reaction might be more muted than some hope.

There are also reports suggesting that the US government might use the $125 million settlement money to buy XRP. If this happens, it could increase confidence in the market and possibly push prices higher.

Another key development to watch is Ripple’s rumored initial public offering (IPO). Some analysts believe that if Ripple goes public, XRP’s price could climb as high as $10.

What’s Next for XRP?

With the Ripple vs. SEC case nearing its end, investors are waiting to see how the market reacts. If optimism takes over, XRP could experience a strong rally. However, if expectations are already priced in, the gains may not be as dramatic.

For now, all eyes are on the SEC’s next move and how it will impact Ripple’s future.

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