XRP continues trading near the $2.2 mark amid the Ripple vs SEC case. Analysts remain confident in the token's future.
Experts Predict for XRP
The XRP price showed minimal change when Ripple dropped its cross-appeal, reaching $2.44. As of March 30th, it was trading at $2.15, up 1.54% intraday but down over 10% in seven days. Analysts consider stable prices as a sign of market strength. EGRAG CRYPTO forecasts technical targets for XRP at $15 and $44.
XRP Faces Resistance
Experts identified short-term resistance for XRP at $2.75. Analyst Dark Defender pointed to $2.55 as minor resistance and $2.42 as solid support. Breaking past this area may lead to $5.85 growth.
Ripple vs SEC Case Nears Conclusion
Ripple's case against the SEC remains a crucial factor for XRP prices. SEC concluded the case in a favorable way for Ripple. The final decision is expected to lead to a long-term price rally. Investors await official outcome to regain confidence in XRP.
XRP price takes cues from Ripple's legal battle with the SEC, showing potential for long-term growth despite current volatility.
