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Price XRP to reach $ 8 regardless of the result of the SEC RIPPLE case, says Expert

Price XRP to reach $ 8 regardless of the result of the SEC RIPPLE case, says Expert

The price of XRP has increased by over 6% today against the background of a wider recovery of the crypto -critic market, indicating the confidence of renewed investors. In addition, speculation also increase on a potential dismissal of the SEC Ripple case, given the recent SEC change position to the crypto sector. However, a top expert recently raised concerns about the impact of Ripple’s local currency, saying that Crypto is likely to reach $ 8, regardless of the case result.

Price XRP increases 6%: remained more flow?

The price of XRP jumped almost 6.25% today and changed hands to $ 2.15, while its trading volume decreased by 32%, to $ 5.16 billion. In particular, the crypt has increased between 2.21 and $ 2.02 in the last 24 hours. Further, Derivatives of coinglass He showed that the XRP futures open interest increased by 7% today, reflecting the confidence on the market.

Against this, a renowned Casitrades market analyst said that the correction is probably completed for Crypto and XRP’s major resistance is now at $ 2.2. In addition, the expert added whether Ripple’s currency violates $ 2.5 before, could continue to move to the north.

Price XRPPrice XRP
Source: Casitrades, X.

In the meantime, despite the positive feeling of the market, the community has shown frustration on the US dry delay in renouncing the Ripple Case. For the context, the US US has given up many of the most important cryptous cases this week, but has not commented on the long -term XRP process. Highlighting delay, renowned legal expert John Deaton recently pushed for a settlement in the continuous legal struggle.

Ripple Sec will have an impact on price XRP before?

The renowned expert on the Dark Defender market has made a bold prediction that the XRP price will reach $ 8, regardless of the result of the Ripple Case in progress. This prediction comes as Ripple’s currency has recovered today, which indicates a renewed confidence in investors in the middle of a wider recovery of the crypto -pitto market.

The RIPPLE VS Sec process was a major speculation point, many investors worried about its impact on the price of the asset. However, Dark Defender’s prediction suggests that the price of the crypta will continue to increase, regardless of the result.

In a recent post on social networks, Dark Defender explained that XRP has reached the lowest Fibonacci for a fourth wave and is expected to start a 5th wave, which could push the price to $ 5-8.

XRP price graphXRP price graph
Source: Dark Defender, X

This prediction is significant, given the current market feeling. The price of XRP has been volatile in recent times, but Dark Defender’s analysis suggests that it has the potential to reach new heights. It is worth noting that the Ripple case is still in progress, and its result is uncertain. However, if Dark Defender’s prediction becomes a reality, it could be a major impulse for traders.

Key levels to be followed before

As XRP Price noted some recovery and grew in the green area, top experts have provided key levels to follow. For the context, Puitit Ali Martinez Square said that the crypt has found a new support at $ 1.65. That being said, it is crucial for the crypt to keep this support to maintain its ascending trajectory.

The price graph to waveThe price graph to wave
Source: Ali Martinez, X

On the other hand, Rose Premium Signal experts said that Ripple’s currency is currently facing a retraction phase, testing the key levels of Fibonacci. Cryptocurrency is expected to return strongly from the support zone of $ 1,2578. If successful, this could trigger a massive recovery and a release. Potential objectives include $ 3,0110 and $ 4,2243.

Prediction Predictment PredictmentPrediction Predictment Predictment
Source: Premium Rose signals, x

That being said, it seems that the crypto is prepared for a strong rally before. In addition, another expert has recently predicted Ripple price will reach $ 320 In 2026, which aroused significant discussions on the market.

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Rupam is an experienced professional, with three years of experience in the financial market, where he has developed a reputation of thorough research and interesting journalist. He thrives to explore the dynamic shades of the financial landscape. Currently, the function of sub-leader at coingape, the expertise is extending beyond the conventional borders. Its role involves breaking stories, analyzing AI developments, providing real-time updates on the crypto-critic market and presenting interesting economic news. Ruam’s career is characterized by a deep passion to reveal the complexities of the finance and to provide impact stories that resonate with a diverse audience.

Disclaimer: The content presented may include the author’s personal opinion and is subject to the market condition. Do the market research before investing in cryptocurrencies. The author or publication have no responsibility for your personal financial loss.