The resolution of the Ripple vs. SEC dispute could significantly influence XRP prices. Experts point to closed meetings aimed at reaching a settlement.
XRP Price Surge & SEC Speculation
The popular crypto channel 99Bitcoins, boasting over 720k subscribers, highlighted XRP's significant increase last week, jumping from $1.90 to $2.36. Analysts suggest that if the SEC drops its case against Ripple Labs, the price may surge dramatically.
XRP’s Potential Price Surge Post-Settlement
Analysts believe XRP's price could climb following a settlement. In past regulatory developments, such as Judge Analisa Torres's ruling that XRP wasn't a security, the token's price jumped 101%. Applying similar growth, the price might reach $4.48.
AI Predictions & Potential XRP Price Levels
Experts and AI chatbots note that a final settlement may spur even greater bullish sentiment for XRP, potentially leading to a 150% jump, reaching $5.58, and under ideal conditions, to 200% and $6.69.
Cryptocurrency markets are volatile, and current price levels may present an opportunity amid broader fears. With positive settlement potential, XRP could see substantial growth.