XRP Price Prediction : Can XRP Hit $50 After the SEC Case? - BTCC (2024)

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XRP Price Prediction : Can XRP Hit $50 After the SEC Case? - BTCC? ›

According to Ripple's CEO Brad Garlinghouse, the verdict in the company's lawsuit against the SEC could be delayed until the end of the first quarter of 2023. In the event of a good outcome, the price of XRP might rise to as high as $50.

While it's theoretically possible for XRP to reach this price, it would require substantial market shifts or a major supply reduction.

With most XRP future Ripple price predictions however, It's generally expected that Ripple should be worth more in 2024 than it is now, with some pundits suggesting that it could be worth as high as a maximum price of $4. Some are a little bit more modest, expecting closer to $1.

Crypto analyst JackTheRippler has raised the possibility of the XRP price rising to $100 soon enough. As part of his prediction, he mentioned what needs to happen for the crypto token to attain such ambitious heights.

Ripple recently scored an unequivocal victory from a dollars-and-cents standpoint in a class action securities lawsuit, with the judge tossing out most of the case.

The Path to A Double-Digit Price

He believes the asset's true value lies between $8 and $20 and predicts it will reach this range by 2026.

Can it reach 35k? Yes it can but it will take some time. My reasons for it is that Gold has a market capital of roughly $11T and Silver has a market capital of $1.3T right now. If XRP has the same market capital as Silver, it will be $26.

Analyst Armando Pantoja has suggested that XRP might experience a significant surge to $20. Currently trading at around $0.44, down from its yearly peak of $0.7449, XRP's future appears promising based on several technical factors: Support Levels: Strong support is identified between $0.40 and $0.50.

However, we do predict that XRP will reach lows of $0.30 in 2024, along with highs of $0.98, should Ripple win its case against the SEC. The median price for XRP in 2024 is predicted to be $0.60.

Can XRP hit $1000 usd? ›

Given current market trends and Ripple's price history, reaching $1,000 would require significant and sustained growth, which may take many years, if it ever happens. Most analysts consider such a high target extremely optimistic under present conditions.

Can XRP Reach 500 Dollars? For XRP to achieve a price of $500, it would necessitate an increase of over 1,000 times its current value. While theoretically possible in the dynamic world of digital assets, this scenario faces significant practical hurdles.

XRP could reach $17 by 2025 per analyst, SEC vs. Ripple lawsuit ruling awaited. Ripple could see the end of its lawsuit with the Securities and Exchange Commission soon, per recent reports. An analyst predicts XRP rally to $17 through the Bent Fork chart, a bullish thesis for the altcoin.

The SEC accused Ripple of selling XRP in an unregistered security offering. The outcome of the U.S. regulator's court case against Ripple might still have far-reaching consequences for the cryptocurrency industry. Both the SEC and Ripple emerged somewhat victorious in this court case.

The process of discovery and rebuttals regarding the remedies the SEC will seek in the remaining legal action must be completed by April 29, 2024. To be clear, the Court has already dismissed most of the complaint with prejudice, which prevents the SEC from appealing the decision.

According to XRP's predictive model, XRP price is expected to move beween $0.42 and $0.50 in August 2024. This will allow XRP to rise to $0.91 later in 2024 and eventually $1.44 in 2025.

Predicting the exact timeline for Ripple's (XRP) price to reach $1,000 per token is highly speculative and uncertain. It depends on numerous factors including regulatory developments, adoption rates, technological advancements, market conditions, and overall sentiment towards cryptocurrencies.

The $500 mark for XRP remains almost unattainable, given the astronomical market cap it necessitates. However, factors like Ripple's IPO success and a decisive legal victory against the SEC could significantly impact its trajectory in the long term.