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With no end in sight for the Ripple vs SEC case, but positive movement from Ripple's point of view, we predict XRP will finish 2023 above the support of $0.4710. Provided Ripple wins its case against the SEC, our XRP forecast predicts a price of $4.50 by the end of 2025.
Let's take a look at the options investors have below. The first option for investors looking to pick up XRP is Crypto.com. The exchange still allows for trade of Ripple even with the lawsuit still ongoing.
WASHINGTON?The Securities and Exchange Commission on Thursday said it would drop its lawsuit against two cryptocurrency executives who oversaw $1.5 billion in sales of a digital coin known as XRP, in a move that boosts the industry's battle against traditional regulation.
The court determined that secondary sales of XRP do not constitute an investment contract. This meant that exchanges that had previously delisted it for trading were now in the clear and re-listed it immediately. The price exploded. BREAKING: XRP PRICE EXPLODES as RIPPLE WINS HUGE VICTORY AGAINST SEC | CRYPTO WIN!
Drawing on her meticulous calculations and considering various factors, Thorp presented a conservative short-term price prediction for XRP, suggesting that its value could range between $100 and $500 in the near short term (the next four to seven months).