Bitcoin has been experiencing significant volatility, with the current price hovering around $62,300. Despite initial signs of recovery, the gains were not sustainable, leading to concerns about further price declines. Amidst this uncertainty, experts are sharing their predictions regarding the price movements of XRP Coin.

The price of XRP against BTC recently hit a three-year low, showing a consistent downward trend since April 2021. According to Tony Severino, founder of CoinChartist, the BTC pair for XRP may have reached its bottom, suggesting that it could be a good time to purchase XRP Coin. However, the ongoing legal battle between Ripple and the SEC is contributing to the lackluster price action of XRP Coin, which has been fluctuating between $0.74 and $0.48.

The lawsuit filed by the SEC against Ripple in 2020 has created uncertainty in the market, leading to cautious investor sentiment and reduced trading activities. The legal battle, which accuses Ripple of conducting an unregistered securities offering and sale, has escalated with the SEC demanding a $2 billion fine, opposed by Ripple seeking to reduce it to $10 million.

Charting Guy, a cryptocurrency commentator, suggests that XRP may have hit its bottom in the BTC pair and anticipates a potential surge in the XRPBTC pair by July. Speculative forecasts indicate a potential price target of $4.09 by July, assuming a significant increase in BTC price to $85,000 - $100,000.

These predictions are speculative, as the increasing circulating supply of XRP Coin could impact its price ceiling. If the market value reaches the levels seen during the 2021 bull run, the price of XRP Coin may peak around $1.3 given the current circulating supply.