For real! XRP Expected to Explode Up to 600%?
<p> "Will the prediction come true or just wishful thinking?"</p><p><br /></p><p>Crypto analyst Dark Defender recently not only shared an update on the performance of Ripple (XRP) but also provided a price forecast after he expected it to climb higher.</p><p><br /></p><p>However, the ongoing legal battle between the United States (US) Securities and Exchange Commission (SEC) and XRP has caused investors to worry about the future of the digital asset.</p><p><br /></p><p>Even so, Dark Defender, who is famous for his insights shared on Twitter, expects the price of XRP to pass $1.96 or $3.82 following the digital asset's recent positive development.</p><p><br /></p><p><br /></p><p>Dark Defender also said that XRP has breached its third resistance zone, so the price can touch $3.39 and then to $22 or more if XRP manages to break through that level first.</p><p><br /></p><p>Apart from him, another analyst also predicted the price of XRP could potentially rise up to $3.50 if the case with the SEC is successful, $5 after the digital asset is re-listed on the US Stock Exchange, $7 for the XRP IPO and then able to reach $10 when partnering with banks.</p><p><br /></p><p>However, it should be noted that there are several other factors that can affect the future of XRP, among which the class action lawsuit against XRP filed by a class of investors has caused concern.</p><p><br /></p><p>It is well known that the Summary Judgment, which is expected to take place by the end of 2023, could have a major impact on the future of XRP as the crypto exchange may reevaluate its decision to delist the digital asset.</p><p><br /></p><p>As of this writing, XRP price has slipped by 1.79% to $0.45 in the last 24 hours with a market cap of $24 billion further down 1.20% over the past week.</p>
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