Ripple XRP Predicted To Rally 260% and Hit $2.17: Here's When
Ripple’s XRP token has not hit the $1 level since November 2021 and the $2 level since January 2018. Although the asset is extremely popular for cross-border remittance purposes, its price has faced significant headwinds over the last few years. Also Read: Ripple: Can XRP Reclaim Its All-Time High of $3.40 in 2024? Why Has the Asset Struggled to Gain Momentum? One of the most significant barriers to XRP’s price was Ripple’s lawsuit with the US SEC. The financial watchdog accused the fintech company of selling unregistered securities in December 2020. The lawsuit presented substantial hurdles to the asset even during the 2021 bull run when other major cryptocurrencies were hitting new all-time highs. Recently, the lawsuit was settled in the US High Court, and Ripple was asked to pay a fine to the financial regulator. XRP’s price witnessed a brief rally, which has since cooled down. XRP to hit $2? Source – CryptoNews Telegaon’s Prediction Source: Telega...