The post Why Will The XRP Price Pressures Push It Back to $1.25: Panshibi (SHIBI) Meme Take Off Tempts Investors For Big Gamble Gains appeared on BitcoinEthereumNews.com.

The crypto bulls are running, but some altcoins are getting trampled in the stampede. XRP’s latest price is getting crushed. Despite soaring to a seven-year high of $3.3, the altcoin dropped 39% to a monthly low of $2. The US SEC’s appeal further dug a deeper hole and analysts are looking at a drop to $1.25. Investors have started divesting heavily and many are taking the bold decision with agile investments like Panshibi. This Panda-themed innovation-focused meme coin is making a solid case for the next breakout star from its ongoing presale. Stats don’t stutter! Panshibi has raised over $835,000 with a whopping 100% growth in record time. So, let’s see what’s happening with XRP and how Panshibi is tempting investors with big gains. SEC pressure compounds the bearish outlook for XRP’s latest price. Is $1.25 next? XRP’s latest price is under mounting pressure as the SEC’s legal battle takes a new turn. Despite reaching a seven-year high of $3.38 last month, XRP’s momentum fizzled, pushing the price to a monthly low of $2. The growing regulatory concern has weighed heavily on investors’ sentiment and now, analysts warn that a further slide below $1.50 – and possibly even $1.25 – could be on the horizon. The legal tussle was reignited as the SEC appealed against the court’s ruling on Ripple’s programmatic XRP sales. But now, a new lawsuit against the SEC could provide headway. US watchdog Empower Oversight had sued the SEC on an alleged crypto conflict of interest. A headway in this case could compel the SEC to drop its XRP appeal and slingshot XRP to a new ATH. But despite this, XRP’s latest price remains largely bearish. Active addresses on the network have plummeted by 53%, signaling declining network engagement. Analysts predicted a sustained selling pressure could see…

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Filed under: News - @ February 16, 2025 2:20 am