Therefore, our XRP price prediction forecasts a price of $1.80 by the end of 2024. Depending on the lawsuit's outcome and crypto market conditions, it could go much higher, potentially reaching $3.10. Nevertheless, there is also scope for lows of $0.50 if the case swings in the SEC's favor.
Is it worth buying XRP now?
While the current legal momentum appears to be on the side of XRP, the overall regulatory risk remains high. Instead of trying to time the market around new XRP legal wins, investors might be better off looking for cryptos with stable, long-term growth. prospects and minimal regulatory risk.
Will XRP Ripple recover?
Our real-time XRP to USD price update shows the current Ripple price as $0.62 USD. Our most recent Ripple price forecast indicates that its value will increase by 17.97% and reach $0.732337 by December 24, 2023.
What is the situation with XRP?
In July, Ripple was handed a pivotal victory as a judge ruled that XRP is not in and of itself a security. Following this, the SEC was denied a request for an interlocutory appeal. Then, in October, the SEC dropped its securities law violation charges against Garlinghouse and Ripple executive Chris Larsen.
Why not to buy XRP?
Regulatory headaches It has created somewhat of a regulatory gray area where no one knows for certain whether a particular cryptocurrency is a security or not. In December 2020, the Securities and Exchange Commission (SEC) sued Ripple and its two executives for issuing an unregistered security with its Ripple tokens.
How high can XRP realistically go?
According to CryptoNewZ, XRP could reach a high of of $1.53 by 2025, with a low of $1.06 for the same year. Another Ripple price forecast by AMBCrypto estimated the XRP price could hit a high of $2.01 in 2030, with a short term prediction of a high of $0.61 in 2024.