XRP, the cryptocurrency that seems to have more ups and downs than a toddler on a sugar high, is currently strutting around at $2.32. Yes, you heard that rightā$2.32! Itās like the price of a fancy coffee, but with a lot more drama. āļø
Now, hold onto your wallets, folks, because analysts are throwing around predictions that XRP could skyrocket to a jaw-dropping $15. Thatās right, $15! I mean, at this rate, I might just start investing my lunch money. ššø
And letās not forget the buzz about the XRP ETF. Apparently, thereās a chance that a Ripple settlement could happen next month in April. Because nothing says ātrust meā like a legal battle thatās been dragging on longer than my last relationship. š
XRP Price Breakout From Symmetrical Triangle Pattern
According to the ever-optimistic crypto analyst Ali Martinez, XRP has broken out of a symmetrical triangle pattern thatās been forming since 2018. I donāt know about you, but Iāve seen less drama in a soap opera. If this bullish support keeps up, we might just see XRP rally to $15. Or at least thatās what Iām telling my bank account. š
This is why $XRP can still reach $15!
ā Ali (@ali_charts) March 14, 2025
So, apparently, analysts are feeling bullish about a minimum of another 500% rally for XRP. Since Donald Trumpās victory in the US Elections in November 2024, XRP has already rallied more than 220%. Who knew politics could be so profitable? And letās not forget that Trump himself has named XRP as part of the Digital Asset stockpile. I guess that makes it officialāXRP is now a part of the āMake America Great Againā plan. šŗšø
On top of that, on-chain data shows that the total number of XRP addresses has hit a new all-time high of 6.87 million. Thatās right, 6.87 million! I canāt even get my family to agree on a dinner plan, and here we have millions of people rallying around a cryptocurrency. Talk about commitment! š
The total number of $XRP addresses just hit an all-time high of 6.87 million!
ā Ali (@ali_charts) March 13, 2025
XRP ETF and SEC Lawsuit Settlement
The crypto community is practically holding its breath for the final settlement in the SEC vs Ripple lawsuit. Top industry leaders are predicting itāll happen in April 2025. Because nothing says āweāre almost doneā like a legal battle that feels like itās been going on since the dawn of time. ā³
In a recent X post, All Things XRP laid out five possible scenarios for this prolonged legal saga. They include:
- The SEC dropping its appeal.
- A reduced penalty for Ripple.
- The appellate court reversing the initial decision.
- The fine being upheld while the injunction is lifted.
- The SEC fully dropping the case.
Each scenario has a probability of occurrence ranging from 15% to 35%. So, basically, itās like trying to guess which way the wind will blow. š¬ļø
Earlier this week, $1.5 trillion asset manager Franklin Templeton filed for the XRP ETF with the US SEC. Analysts are crossing their fingers that the appointment of Paul Atkins as the permanent chairman of the SEC will clear the path for approval. Because if thereās one thing we need, itās more bureaucratic red tape, right? š
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2025-03-14 17:59