Ripple Lawsuit Update – XRP Outlook

Two Sides of the XRP Coin: Security Claimants vs. Ripple Supporters

There are two main factions in the XRP community: those who support Ripple in its legal struggle with the US Securities and Exchange Commission (SEC) and others who have brought a class action lawsuit against the business. The first group agrees with Ripple's position that XRP is not a security, whereas the second disagrees.

Both sets of XRP owners are paying careful attention to the proceedings because the community as a whole will probably be significantly impacted by the court's decision. The complaint resembles the SEC's legal action against Ripple, and the judge's ruling on whether Ripple should be held accountable for its token sales might have an impact on the value of XRP and investor sentiment.

Resurgent Crypto Market: XRP Gains Amid Bullish Trend

XRP has seen growth while the overall digital currency market has experienced a positive resurgence, with the total crypto market cap rising by 2.66% to $1.19 trillion.

The coin is currently trading at a spot price of $0.471 after increasing in value by 3.7% over the last day. Although some fundamental indicators, including trade volume, encounter difficulties, the cryptocurrency may be headed for a more clear-cut development trajectory in the future. 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. Moreover, the xrp price prediction could form new maximum value and range towards its annual closing target of $1.1043.

Source - https://coinpedia.org/price-prediction/xrp-ripple-price-prediction/