XRP lawsuit is finally over - how high can it go this year?

[JamesDaniel90]

It has been a long 4 year battle for those invested in XRP but just a few hours ago it was announced the case has now been dropped and the price of XRP has increased 15% last 12 hours.

I have been invested in XRP for just over a year so hasn't been too bad for me but its good to finally hear the case is over with.

What does everyone think for the potentinal now with XRP for rest of this year? It hit a high of $3.30 a few months ago so i see no reason why it can't get to at least $6-8 now that it has been cleared. I have even heard some say it can hit $15 but I'm not sure about that.

https://www.dlnews.com/articles/markets/xrp-surges-as-ripple-says-sec-will-drop-lawsuit/

[pooya87]

Well what do you think has changed about XRP compared to for example 10 years ago?

It is still the same centralized altcoin that offers no real utilities and has a huge 58 billion circulating supply that always run the risk of being printed more by Ripple guys where they snap their finger and billions more appear.

XRP had its actual pump days back in 2017 when it managed to pump it as high as 22k satoshis. It has been dumping consistently ever since currently sitting at -86% lower at 3k satoshis.

Because of that it is impossible to predict how high this pump is going to take this shitcoin. So far they haven't been able to attract enough volume to their pump to get over the resistance they'll face. Keep in mind that the unique challenge that these old and big shitcoins face is that they have a lot of bag-holders who have been waiting for a very long time to dump their stashes that has been dumping so far in order to get out of a bad situation they have been stuck in for a very long time.
That slows down all pumps.

So what you posted here is a positive news that is used as the "fuel" for their pump. But still if they can attract volume and if they spend millions more out of their own pocket to pump their shitcoin, it can continue going up for a little longer. So we have to wait and see where it goes from here.
It is also worth knowing the current price itself is a post pump price that started back on November 13 from 800 sat and it got pumped to 2800 in about 2 weeks and got stuck around that price so far not being able to go real higher...

Just my 2 cents...

[Cryptohygenic]

It has been a long 4 year battle for those invested in XRP but just a few hours ago it was announced the case has now been dropped and the price of XRP has increased 15% last 12 hours.

I have been invested in XRP for just over a year so hasn't been too bad for me but its good to finally hear the case is over with.

What does everyone think for the potentinal now with XRP for rest of this year? It hit a high of $3.30 a few months ago so i see no reason why it can't get to at least $6-8 now that it has been cleared. I have even heard some say it can hit $15 but I'm not sure about that.

https://www.dlnews.com/articles/markets/xrp-surges-as-ripple-says-sec-will-drop-lawsuit/

For XRP coin to hit $3.30 in a trading value for after four years of encountering the lawsuit is a good news to the community users.
That seemed promising that some better times for the coin to increase it values ahead of time after it long time pended but guarantee is not sure and determining it feature potential values will as well be impossible.
You just have to stay tuned and invest what you can afford to loose like you are a wise gambling because we don't know if the ripple coin might take up the case again if they have not been able to dissolve their issues.
Just stay concious for there are grudges and manipulations in the alt coin space.

[JamesDaniel90]

Well what do you think has changed about XRP compared to for example 10 years ago?

It is still the same centralized altcoin that offers no real utilities and has a huge 58 billion circulating supply that always run the risk of being printed more by Ripple guys where they snap their finger and billions more appear.

XRP had its actual pump days back in 2017 when it managed to pump it as high as 22k satoshis. It has been dumping consistently ever since currently sitting at -86% lower at 3k satoshis.

Because of that it is impossible to predict how high this pump is going to take this shitcoin. So far they haven't been able to attract enough volume to their pump to get over the resistance they'll face. Keep in mind that the unique challenge that these old and big shitcoins face is that they have a lot of bag-holders who have been waiting for a very long time to dump their stashes that has been dumping so far in order to get out of a bad situation they have been stuck in for a very long time.
That slows down all pumps.

So what you posted here is a positive news that is used as the "fuel" for their pump. But still if they can attract volume and if they spend millions more out of their own pocket to pump their shitcoin, it can continue going up for a little longer. So we have to wait and see where it goes from here.
It is also worth knowing the current price itself is a post pump price that started back on November 13 from 800 sat and it got pumped to 2800 in about 2 weeks and got stuck around that price so far not being able to go real higher...

Just my 2 cents...

Sounds like you have a lot of hate for XRP  .

The fact is it will now see much better return than Bitcoin this year - doesnt matter if it is a 'shitcoin' or Bitcoin - we are here to make money and XRP will do that now the law suit is finally over.

[MAAManda]

What does everyone think for the potentinal now with XRP for rest of this year? It hit a high of $3.30 a few months ago so i see no reason why it can't get to at least $6-8 now that it has been cleared. I have even heard some say it can hit $15 but I'm not sure about that.

Since the market reaction proves that Ripple (XRP) was around $3 a few months ago, I believe that at least Ripple (XRP) can get the price back to that area in the near future, for the rest of this year prediction of $6 - $8 also sounds quite reasonable because the hype base & the problem with SEC is finally over.

But on the other side, I agree with @pooya87 opinion, Ripple (XRP) is actually just a shitcoin with a large holder base, so it's only a matter of time until all the hype ends & their new investors get REKT in the future.

[pooya87]

Sounds like you have a lot of hate for XRP  .

The fact is it will now see much better return than Bitcoin this year - doesnt matter if it is a 'shitcoin' or Bitcoin - we are here to make money and XRP will do that now the law suit is finally over.

I actually love shitcoins so much because they are super profitable. What I hate and always advise others to avoid is bag holding. As I said in my comment above this shitcoin got recently pumped from 800 sat to 2800 which is a 250% profit. Who can hate that?
But for bag holders it has been a nightmare since it has been dumping from 22k and they still can't get their capital out

When we check out XRP charts we can see that in the past 5 years they have tried pumping this shitcoin to 2k-3k range multiple times and every time it stops there and then enters a long dumping period. Which is another reason why you should be careful of the current state. Get your profit out and watch if the Ripple pumping team succeeds in pumping it any higher, then buy in if they pulled it off.

[mich]

Well price of a xrp token was up more than 10 percent when Ripple CEO Brad Garlinghouse said sec will drop the lawsuit. And now still big gains up more then 7 percent in only last 24 hours.
And after he said it there was $16 Billion of xrp exchanges from that news. Now on Polymarket XRP ETF being approved in 2025 is 86%. I do think a new all time high will be coming soon now.
https://cryptobriefing.com/xrp-etfs-launch-2024/

[EarnOnVictor]

The market doesn't behave like that. What we need to first establish is whether or not the lawsuits and other setbacks eventually stopped XRP from rising during that time, did they? No of course. Instead, XRP moved significantly higher, even more than most other altcoins and it is one of the few that hit back their 2021 ATH. This is positive to me and at times hindrances in the market cause better performance when a tiny positivity is hoped. However, when all issues are gone, such an asset may not do as well as hoped again, though it will continue to be fine but certainly not increase insanely higher as thought.

[Marvell1]

...
 I do think a new all time high will be coming soon now.

Be careful with altcoin ETFs as they do not work like bitcoin ETFs. I mean, look at ETH, since the ETH ETFs was approved. ETH price has shown almost no positive signs, it has been dumped and falling continuously so far.

If we track the money flowing in/out of the market through ETFs, we will always see that the money flowing into BTC is huge but with ETH there is only money flowing out. That shows that the demand for BTC seems to be huge but ETH is the complete opposite, the demand for it is very low. The same could happen with XRP if approved by the SEC.



source: x

[JeffBrad12]

I'd be concerned about price more if BTC.D can somehow decrease, but just see, currently it's stable around 62%, might go even higher since it broke through resistance.

if i'm being honest though, I speculate that XRP might not pump significantly anymore, maybe some occasional rally will happen but XRP lawsuit that is finally over already priced in few months ago when XRP rally occurred.
so I'm not really confident with XRP gaining massive rally again.

[JamesDaniel90]

Sounds like you have a lot of hate for XRP  .

The fact is it will now see much better return than Bitcoin this year - doesnt matter if it is a 'shitcoin' or Bitcoin - we are here to make money and XRP will do that now the law suit is finally over.

I actually love shitcoins so much because they are super profitable. What I hate and always advise others to avoid is bag holding. As I said in my comment above this shitcoin got recently pumped from 800 sat to 2800 which is a 250% profit. Who can hate that?
But for bag holders it has been a nightmare since it has been dumping from 22k and they still can't get their capital out

When we check out XRP charts we can see that in the past 5 years they have tried pumping this shitcoin to 2k-3k range multiple times and every time it stops there and then enters a long dumping period. Which is another reason why you should be careful of the current state. Get your profit out and watch if the Ripple pumping team succeeds in pumping it any higher, then buy in if they pulled it off.

The difference now is that they have no lawsuit hanging over them which they did have for over 4 years. This should now bring a lot more confidence when it comes to investing into XRP.

I am holding a free bag now of XRP, i took my investment out when it hit $2.50 in January which was a 5x return for me.

I plan to sell at $5, $7 and $9 this year.

[BitJannik]

It has been a long 4 year battle for those invested in XRP but just a few hours ago it was announced the case has now been dropped and the price of XRP has increased 15% last 12 hours.

I have been invested in XRP for just over a year so hasn't been too bad for me but its good to finally hear the case is over with.

What does everyone think for the potentinal now with XRP for rest of this year? It hit a high of $3.30 a few months ago so i see no reason why it can't get to at least $6-8 now that it has been cleared. I have even heard some say it can hit $15 but I'm not sure about that.

https://www.dlnews.com/articles/markets/xrp-surges-as-ripple-says-sec-will-drop-lawsuit/

I'm so pumped that they dropped the case, it's like a huge weight off XRP's shoulders! I saw the price shoot up and it feels like people are trusting it again now that the regulatory mess is gone. I think XRP could really take off if more people start using it. I could see it climbing to $6 or $8 if everything stays upbeat in the market but $15? Man, that's need something crazy to happen, like a big boost. Still, i've learned crypto can be a wild ride, sometimes it's up, sometimes it's down. So i'm keeping my eyes peeled on the news and playing it smart with my risks. I just love how this win XRP a fresh shot to shine!

[Mrbluntzy]

Do you think that without the court case they had, the coin would have reached $8?
It probably would have not and the reason why I think so is because the project have too much coins. Unlike every other centralized altcoins, XRP is no difference from them and you know that in the future or at any moment, their prices can be easily manipulated. While holding the coins, always know when to take profit so that the price will not liquidate your current profit.

[gunhell16]

So maybe there was a temporary pump in Ripple last night in its price and there was also a drop immediately after the FOMC if I'm not mistaken. But according to the rumors I've heard, they say in the news that this bull run is possible for Ripple to reach the price of 50$ this year.

When I was studying the flow and trend of this Xrp, it really looked like it had potential to rise but I'm not sure if around 50$ is the potential it can reach in this matter, but even so, it's okay to save it and congratulations to those who took profits on Xrp.

[ultrloa]

Sounds like you have a lot of hate for XRP  .

The fact is it will now see much better return than Bitcoin this year - doesnt matter if it is a 'shitcoin' or Bitcoin - we are here to make money and XRP will do that now the law suit is finally over.

I actually love shitcoins so much because they are super profitable. What I hate and always advise others to avoid is bag holding. As I said in my comment above this shitcoin got recently pumped from 800 sat to 2800 which is a 250% profit. Who can hate that?
But for bag holders it has been a nightmare since it has been dumping from 22k and they still can't get their capital out

When we check out XRP charts we can see that in the past 5 years they have tried pumping this shitcoin to 2k-3k range multiple times and every time it stops there and then enters a long dumping period. Which is another reason why you should be careful of the current state. Get your profit out and watch if the Ripple pumping team succeeds in pumping it any higher, then buy in if they pulled it off.

The difference now is that they have no lawsuit hanging over them which they did have for over 4 years. This should now bring a lot more confidence when it comes to investing into XRP.

I am holding a free bag now of XRP, i took my investment out when it hit $2.50 in January which was a 5x return for me.

I plan to sell at $5, $7 and $9 this year.

That's good thing for XRP since somehow for winning that case it give certain impression that they are not as shit with other altcoins which run a pump and dump scheme. But even though they are winning still it didn't erase the fact that many people still think about that this is a shitcoin.

But lets still see if those pumps speculated by people would really happen since somehow those great victory achieve by XRP against government might give confident to other people to buy and hold XRP.

But for me I don't want to hold this coin but rather will just use it for transaction, because what I like about XRP is they are fast and transaction fee is so cheap.

[bittraffic]

But for me I don't want to hold this coin but rather will just use it for transaction, because what I like about XRP is they are fast and transaction fee is so cheap.

It could change one day if indeed the price will rocket high and stay there for good. Today the transaction cost may just be at least 0.1XRP?  I have no idea now.  the last time I use it was back 2022. And if the price hits $10 there for the fee is $1. This is if the price is just $10.

It is still unsure whether the drop of this case makes the value go high, but the speculation is there because Trump seem to be vouching it for the crypto strategic reserves.

[sunsilk]

What does everyone think for the potentinal now with XRP for rest of this year? It hit a high of $3.30 a few months ago so i see no reason why it can't get to at least $6-8 now that it has been cleared. I have even heard some say it can hit $15 but I'm not sure about that.

You're thinking too much about it. I know that things can be possible for the crypto market and these prices can be moved due to volatility.

But there are many factors that you have to consider. The total supply is quite high for this coin and if you're going to think of these prices, you'll need to recalculate how much it needs for it to reach that price.

$15 is too high for a 58.1B circulating supply coin while it's got a total of 100B for its entirety.

I plan to sell at $5, $7 and $9 this year.

Good luck.

[JamesDaniel90]

What does everyone think for the potentinal now with XRP for rest of this year? It hit a high of $3.30 a few months ago so i see no reason why it can't get to at least $6-8 now that it has been cleared. I have even heard some say it can hit $15 but I'm not sure about that.

You're thinking too much about it. I know that things can be possible for the crypto market and these prices can be moved due to volatility.

But there are many factors that you have to consider. The total supply is quite high for this coin and if you're going to think of these prices, you'll need to recalculate how much it needs for it to reach that price.

$15 is too high for a 58.1B circulating supply coin while it's got a total of 100B for its entirety.

I plan to sell at $5, $7 and $9 this year.

Good luck.

I feel its normal to wonder how high an investment can reach this year especially after it being held back for many years.

It reached $3.30 back in December, so i dont see why it cant at least double that now that the lawsuit has been dropped and likely ETF coming for it soon also.

[doomloop]

What we need to first establish is whether or not the lawsuits and other setbacks eventually stopped XRP from rising during that time, did they? No of course.

Actually yes. Negativities can affect a project. XRP have only recovered  and became more stronger after they win the case against SEC. What you said there is correct if you also include the word 'falling', apart from rising. They are only on a trial anyways but if proven guilty, that is going to be the time that XRP can retire.

This is positive to me and at times hindrances in the market cause better performance when a tiny positivity is hoped. However, when all issues are gone, such an asset may not do as well as hoped again, though it will continue to be fine but certainly not increase insanely higher as thought.

This is positive to all of those who support the project. It shows that the team is doing their best to strive. It is like the issues keeps them to be more motivated. It is literally like a challenge for them. When the issues are finally resolved, it'll actually help the project to do even better. It makes the investors to remove their doubts of investing on them.

[DeathAngel]

One of the last negative legacies that Gensler left behind gone. This is great news for XRP holders, hopefully now it’s free from the regulatory shackles of the SEC it can really start to grow. I think maybe $10 is possible by the end of the year but only if Bitcoin continues its bull run as Altcoins are still correlated with Bitcoins performance, even if we don’t like to admit it.