XRP Price Predictions: Is Now the Time to Buy XRP?

XRP Price Predictions: Is Now the Time to Buy XRP?

• XRP has been struggling since its yearly highs in January, with the current price being in the mid-$0.36s.
• Crypto experts surveyed by Finder.com have predicted that if Ripple wins its lawsuit against the SEC, XRP could rise to $3.81 by 2025.
• The survey panel was split on whether it is a good time to buy XRP, hold it or sell it, with 27% saying buy, 38% hold and 36% sell.

XRP Struggles Since Yearly Highs

XRP has been struggling since its yearly highs in January of 2021, when it hit a high of $0.43 USD and is now trading at around mid-$0.36s USD per coin. This slump coincides with Ripple’s on-going lawsuit against the US Securities and Exchange Commission (SEC), which accuses Ripple of selling XRP as an unregistered security without proper authorization from the SEC. The judge presiding over this case is expected to make a ruling by the end of this quarter as to whether or not the case will go to trial or not; however, no one knows what will happen at this point in time.

Crypto Experts Give Their XRP Price Predictions

A panel of 55 fintech experts surveyed by Finder.com have given their price predictions for XRP in 2025 if Ripple achieves either a favorable or unfavorable outcome from its legal battle against the SEC: If Ripple achieves a favorable outcome, XRP could rise up to $3.81 per coin; however, if they get an unfavorable outcome then it would just reach under $1 per coin by 2025 according to the mean price prediction given by panel members.. Craig Cobb from Tradercobbcom stated that “the crypto market loves to jump on a bandwagon and XRP winning its case in a bear market could likely see herd mentality which will pump the price of this old-school top-10 coin”.

Panel Split Over Time To Buy/Hold/Sell

The panel was split over whether it is currently a good time to buy XRP, hold it or sell it: 27% said buy, 38% hold and 36% sell respectively. Martin Froehler from Morpher gave one of the more optimistic forecasts targeting a potential $5 USD per coin if XRP wins its legal battle against the SEC – which he believes would be “a huge win for the entire crypto industry” .

Cryptocurrency Market Weighed Down By Regulatory Actions

The upside for cryptocurrencies like XRP has been capped due to regulatory enforcement actions taken recently by government bodies such as Paxos’ BUSD stablecoin issuer being fined by The US Securities and Exchange Commission (SEC). Cryptocurrencies overall have been weighed down due to these concerns but there are still some optimistic forecasts surrounding them – especially regarding successful outcomes from ongoing lawsuits such as Ripple’s legal action against the SEC regarding their use of unregistered securities when selling XPR coins on exchanges worldwide without authorization from government bodies first..

Conclusion

In conclusion, no one knows what will happen with regards to Ripple’s ongoing lawsuit against The US Securities and Exchange Commission – but crypto experts have given their predictions based upon what may happen should either party achieve success: If Ripple gets an unfavorable outcome then they expect prices of around $1 USD while if they get a favorable outcome then prices may rise up towards around $3-5 USD per coin depending on who you ask! Meanwhile cryptocurrencies overall continue struggle due to regulatory enforcement actions taken recently but there are still some optimists out there who believe that things may change soon…