As the XRP Ledger (XRPL) native token continues to struggle along near its bear market low, an intense forecast from a well followed crypto analyst reveals the opportunistic surge the asset might see, with distinctly different price targets possible depending on certain triggering events happening in the future. Currently, the crypto asset sits alone at number 6 in the biggest coins by market capitalzation market cap list, its considerable hype driven largely by its integration in the Ripple Labs product On-Demand Liquidity (ODL) in cross-border payments display. Alas, dismal performance from XRP follows from an encroaching US Security and Exchange (SEC) lawsuit lodged against Ripple in December 2020, however many unnamed sources suggest the failure from Ripple’s lawyers may finish with various settlements and the resuming of XRP trading on the large American exchanges.
On declaration, a very prominent Twitter user Crypto Assets Guy theorizes the possibility of XRP’s price rapidly increase in value; starting with at least +648% (toop $3.50 per coin) on early resolution of the SEC trial. The prognosis is then extended to show a tentative new ceiling at $5 if Ripple’s products do get reconfirmed and the entire selection of Coinbase/Kraken trading platforms at long last begin exchanging XRP. Lastly, Crypto Assets Guy proposes tremendous profitability at $7 or all-time highs establishing a mark at take profit alert at $10 should Ripple team managing to partner with additional investment practices and major banks instituting their corporate currency leadership.
