XRP Price Prediction: XRP Eyes $5 as SEC Drops Lawsuit—Will It Boom or Bust Next?
The post XRP Price Prediction: XRP Eyes $5 as SEC Drops Lawsuit—Will It Boom or Bust Next? appeared on BitcoinEthereumNews.com.
As investors absorb the news, speculation is mounting on whether Ripple currency price can break through $5 or if it faces another pullback. The long-running XRP lawsuit between Ripple cryptocurrency and the U.S. Securities and Exchange Commission (SEC) has finally come to an end, sending the XRP price surging past $2.50. SEC Ends Legal Dispute, Ripple Declares Victory Ripple CEO Brad Garlinghouse celebrated the SEC Ripple lawsuit’s dismissal, calling it “a long-overdue surrender.” He emphasized that this marks a turning point for regulatory clarity in the crypto space. “Thankfully, we have new leadership in the executive and legislative branches of our government,” Garlinghouse said, hinting at a more Ripple crypto-friendly environment under the Trump administration. XRP community is celebrating Ripple’s lawsuit victory, predicting XRP price will soar past $5. Source: Oscar Ramos via X The case, which began in December 2020, accused Ripple cryptocurrency of conducting an unregistered securities offering by selling XRP. While a partial legal victory in 2023 determined that Ripple XRP news from exchange sales did not classify XRP as a security, Ripple crypto was still fined $250 million for institutional sales. The SEC had filed an appeal, but its withdrawal now removes any remaining legal uncertainty surrounding Ripple market prospects. Analysts Split on XRP’s Next Move With the lawsuit behind it, XRP price is experiencing renewed bullish sentiment, but analysts are divided on its trajectory. Crypto analyst Dark Defender remains optimistic, noting that Ripple price needs to decisively close above $2.66 to confirm an upward breakout. “We are looking at strong daily chart signals. If XRP holds key levels, we could see it rally beyond $5,” he stated. Dark Defender’s post references the “Follow the White Rabbit” motif, suggesting that recent developments in XRP’s daily chart were anticipated, regardless of differing beliefs. Source: X On the…
Filed under: News - @ March 20, 2025 6:26 pm