Ripple’s XRP has surged past the $3 mark, fueled by optimism around regulatory changes and Trump’s pro-crypto stance.
The cryptocurrency saw a 500% rise last year, and experts predict further gains. However, ongoing legal battles with the SEC remain a concern.
XRP’s rise comes after years of regulatory uncertainty. Analysts like Arthur Azizov project the price could climb to $5-$7, citing Ripple’s technological advancements and the changing regulatory environment.
Despite bullish predictions, XRP’s future is still tied to the SEC’s actions. The SEC’s ongoing cases could impact market sentiment, but hopes for a shift in regulatory policy under Mark Uyeda’s leadership are growing.
XRP is trading around $3.10, with support at $2.45. A break above $3.40 could push the price higher, but selling pressure remains a concern.