Cryptocurrency

Analyst Predicts Next XRP Massive Rally Based On the End of Ripple-SEC Lawsuit

Despite bullish expectations, XRP is following the crypto market’s bearish trend. At press time, Cryptorank data shows that XRP has dropped 8.48% in July. However, some analysts anticipate a potential price surge for XRP, with the end of the lawsuit with the U.S. Securities and Exchange Commission (SEC).

XRP is trading at $0.435, showing a 1.01% increase over the past 24 hours. This minor surge has not changed its overall trajectory, but The Ripple Effect (@Ripple_Effect11), a crypto analyst on X, has spotted a technical indicator that could turn XRP’s trajectory around.

Read Also: Google Gemini Predicts XRP Price If Bitcoin Hit $400,000 After Halving

However, before that turnaround, he expects a continuation of the downtrend. This indicator (a massive triangle pattern breakdown) could signal a sharp sell-off if a weekly close falls below $0.42.

The Ripple Effect further postulates that XRP is undergoing a corrective phase (Wave 2) following its 2018 peak. Within this correction, Wave C is unfolding, potentially encompassing the present market situation. This technical analysis lays the groundwork for the analyst’s prediction of a potential price decline.

Strategic Buying Opportunities and a Projected Price Surge

The Ripple Effect identifies potential entry points for investors seeking to capitalize on a future price increase. These buy zones lie between $0.12 to $0.14 and $0.07 to $0.08, corresponding to retracement targets 3 and 4 respectively.

The underlying assumption is that XRP’s price might experience a significant decline before a projected surge between 2026 and 2030. This potential price drop presents an opportunity for investors to acquire XRP at a potentially discounted price before a future upswing.

Read Also: Analyst Predicts 94% XRP Price Surge to $1.2. Here’s the Timeline 

Ripple v. SEC Timeline

A crucial factor influencing XRP’s price path is the ongoing legal battle between Ripple and the SEC. In July 2023, the court deemed XRP not to be a security. This decision instilled a sense of optimism within the XRP community. However, the legal battle continues, with the case currently focused on determining the appropriate remedies for Ripple’s alleged violations of securities laws.

Although some in the community including Ripple CEO Brad Garlinghouse believe the lawsuit will end this year, The Ripple Effect speculates that the lawsuit might extend until July 2026 based on the Second Circuit Court’s timeline, potentially delaying a definitive ruling until mid-2026.

This extended timeframe suggests that a substantial price increase for XRP might be delayed until the resolution of the lawsuit. Although this timeline is longer than many would like, The Ripple Effect expects a historic run once the lawsuit ends.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Times Tabloid is not responsible for any financial losses.


Follow us on Twitter, Facebook, Telegram, and Google News

Tobi Loba

Tobi Loba is a passionate writer with a vast interest in the stock market. She joined the crypto ecosystem about three years ago and has written lots of ebooks and articles in relation to cryptocurrency and blockchain projects. Tobi Loba earned her degree at the University of Ibadan.

Recent Posts

Pro-crypto Attorney John Deaton Calls $100 Billion XRP Market Cap

XRP, one of the most prominent digital assets in the crypto market, has reached significant…

32 minutes ago

Crypto Lists Reaches 150 New BTC Casino Reviews

The popular review site CryptoLists.com celebrates their latest achievement today, reaching 150 reviews of newly…

3 hours ago

Ripple CEO Garlinghouse Reacts to SEC Chair Gensler’s Resignation

The cryptocurrency industry has begun celebrating the forthcoming resignation of the U.S. Securities and Exchange…

4 hours ago

Altcoin Season is Here: Can FXGuys Take the Lead Alongside Pepe and Dogecoin?

Altcoin season is upon us, and it’s already clear that 2025 will be a breakout…

5 hours ago

With Dogecoin (DOGE) and Bitcoin (BTC) Going Parabolic, It’s Only a Matter of Time Before This Coin Explodes 20x

As Bitcoin ($BTC) reaches an all-time high of $93,500 and Dogecoin ($DOGE) soars on fresh…

5 hours ago

Paxos CEO Makes Huge Stellar (XLM) Announcement

Charles Casparella, Paxos CEO and co-founder has recently revealed a significant development for the Stellar…

7 hours ago