XRP News: Analysts Predict Future Price Targets as XRP Surges Following Regulatory Clarity
| Download App for Android | Download App for iOS |
| Start Trading XRP on BTCC Today! <<<< | |
How High Can XRP Price Go? Analysts Predict Next Targets
Ripple Labs-backed XRP led in the mild cryptocurrency rebound in the past 24 hours following the regulatory clarity from the U.S. SEC. The large-cap altcoin, with a fully diluted valuation of about $246 billion and a 24-hour average trading volume of about $10.5 billion, pumped over 7.7 percent to trade at $2.48 on Thursday, March 20. The XRP futures open interest also increased significantly, resulting in more than $36 million being liquidated from the Leveraged market. Analysts are providing mid and long-term price expectations for XRP.
XRP Traders Face Boredom Trap: Patience Key Amid Consolidation
XRP traders are currently experiencing low volatility and market consolidation, often referred to as the ‘Bermuda Triangle’ in the market. Many investors are frustrated by the lack of price swings, and some analysts have predicted market collapses that have not materialized. Patience and discipline are crucial during this period, as impulsive decisions can be harmful. Large institutional investors can also cause unpredictable market shifts for smaller traders.
After an End to Ripple vs. SEC Lawsuit: Here’s What’s Next for the XRP Price in 2025
The crypto markets consolidated ahead of the FOMC but gained strength after rates remained unchanged. The Ripple CEO, Brad Gardlinghouse, announced the end of the ongoing lawsuit with the SEC. He also stated their fight to get back $125 million locked in escrow may soon reach a closure. With growing optimism, the CEO expects an XRP ETF to launch this year and believes XRP could become part of the White House’s digital asset reserves. The XRP price has surged past $2.5.
Ripple CEO Confirms XRP’s Role in U.S. Crypto Reserve
Ripple CEO Brad Garlinghouse has confirmed that XRP will be included in the U.S. Digital Asset Stockpile. In an interview, he expressed Optimism that XRP ETFs will gain approval in 2025. Additionally, Ripple has dropped its appeal in the long-running case with the SEC, which has led to a wave of positive fundamentals for XRP.
