Ripple Vs SEC – XRP signals bullish sentiment, $1 is next?
Ripple price prediction 2023
Ripple has solidified its position by providing a safe platform for cross-border payments using XRP as a medium. It can connect currencies and make sure that the payments are sent and received in their local currency on either side of a transaction in a span of just 3 seconds.
With the crypto winter around the corner all the crypto coins are struggling to have a descent price graph. At the time of this writing, one unit is worth $0.3435, which represents a decrease of 0.04% over the course of the previous 24 hours and 9.85% over the course of the previous week.
The current price behavior of the token, in conjunction with ongoing litigation between Ripple and the SEC has created curiosity in investors for the XRP prices. Nicole Tatz, an attorney who has been working with Brad Garling house’s team from the beginning of the litigation, suddenly resigned from her role representing Ripple in the dispute.
XRP Coin Price Prediction 2023
According to this ruling, Ripple scored a minor win as the court granted its request to redact the documents submitted in connection with the Daubert motions. The US SEC and Ripple Labs have submitted their final response and are waiting for the summary judgment which will be held in Q1 2023.
A huge uptick in the Whale accumulation was witnessed in recent times, which may be due to the positive outcomes expected from the Ripple vs SEC lawsuit. (check images added)
Is XRP a good buy below $1?
By the end of 2023, if the series of events occur as predicted. Then the possibility of the Ripple price prediction hitting a new milestone is high. Yes, XRP is undoubtedly a good buy for long-term traders at prices below $1. A win in the lawsuit will bring immense value to the crypto asset.
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