XRP Price Forecast: Analyst Predicts $43.94 by 2030 Amid Bullish Market Sentiment

XRP (CRYPTO:XRP) continues to capture attention in the cryptocurrency market, with analysts projecting a dramatic rise to $43.94 by 2030. Despite broader market volatility, XRP has demonstrated resilience, echoing its past surge from $0.5 to over $3. Crypto analyst Axel Rodd has further fueled speculation, suggesting XRP could challenge Bitcoin’s dominance as BTC’s market share declines.

XRP Forecasted to Reach $43.94 by 2030

XRP (CRYPTO:XRP) has remained a focal point in cryptocurrency discussions, with analysts predicting significant growth in its market value. Following its historical surge from $0.5 to over $3, XRP is showing resilience despite broader market fluctuations. Crypto analyst Axel Rodd has reignited speculation about XRP potentially overtaking Bitcoin (CRYPTO:BTC) in market capitalization during this bull cycle. He cites Bitcoin’s dominance declining from 63% to 15% as a ’violent shift’ in market structure, signaling the onset of an altcoin season. Rodd predicts that XRP could achieve fresh all-time highs and possibly surpass Bitcoin’s market cap by September, supported by macroeconomic and geopolitical catalysts.

XRP Price Forms Bearish Head and Shoulders Pattern

XRP is currently on the brink of a major technical shift, with a bearish head and shoulders pattern forming on the charts. This technical formation signals downside and is on the verge of being fully activated. If key support levels fail, it could trigger an impulsive move toward significantly lower prices, with $0.61 in sight. Traders should be aware of the implications of this pattern for upcoming price movement and understand the key levels.

SEC and Ripple File Joint Motion to Pause Appeals for Settlement

The US Securities and Exchange Commission (SEC) and Ripple Labs have jointly filed a motion to hold their appeals in abeyance, citing an agreement in principle to resolve their long-standing case. The motion, submitted to the United States Court of Appeals for the Second Circuit on April 10, seeks to suspend proceedings while the parties finalize the settlement terms, pending the SEC’s formal approval. According to the filing by lawyer James Filan, the agreement would resolve not only the SEC’s appeal but also Ripple’s cross-appeal and claims against Ripple executives Brad Garlinghouse and Chris Larsen. If granted, the motion would pause the appeals process and eliminate the requirement for the parties to submit briefs by the previously scheduled April 16 deadline. The settlement, if reached, will have significant implications for the cryptocurrency community, particularly for XRP holders and investors.

Ex-SEC Lawyer Explains Why Ripple and SEC Filed Motion to Pause Appeal

After dragging on for more than four years, the Ripple vs. SEC case finally seems to be wrapping up. Ripple CEO Brad Garlinghouse confirmed that the long-running legal battle is nearing its end. Both Ripple and the SEC have filed a joint motion asking the court to pause the appeal based on their agreement to settle the case, which still needs formal approval from the SEC. As a result, there won’t be a legal brief filed on April 16th.