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Bitcoin Bitcoin (BTC) $118,921.23 ↑ 1.09%
Ethereum Ethereum (ETH) $3,705.62 ↑ 3.96%
XRP XRP (XRP) $3.21 ↓ -0.63%
Tether USDt Tether USDt (USDT) $1.00 ↓ -0.07%
BNB BNB (BNB) $779.36 ↑ 1.64%
Solana Solana (SOL) $186.85 ↓ -0.76%
USDC USDC (USDC) $1.00 ↓ -0.06%
Dogecoin Dogecoin (DOGE) $0.24 ↓ -2.38%
TRON TRON (TRX) $0.31 ↑ 1.22%
Cardano Cardano (ADA) $0.82 ↑ 0.42%
Hyperliquid Hyperliquid (HYPE) $42.44 ↓ -0.75%
Stellar Stellar (XLM) $0.43 ↑ 1.35%
Sui Sui (SUI) $3.82 ↑ 3.24%
Chainlink Chainlink (LINK) $18.31 ↑ 2.05%
Hedera Hedera (HBAR) $0.24 ↓ -1.83%
Bitcoin Cash Bitcoin Cash (BCH) $516.66 ↑ 1.81%
Avalanche Avalanche (AVAX) $23.97 ↑ 0.96%
Litecoin Litecoin (LTC) $112.53 ↓ -0.09%
UNUS SED LEO UNUS SED LEO (LEO) $8.99 ↑ 0.26%
Shiba Inu Shiba Inu (SHIB) $0.00 ↓ -1.53%
Toncoin Toncoin (TON) $3.17 ↑ 0.66%
Ethena USDe Ethena USDe (USDe) $1.00 ↑ 0.00%
Polkadot Polkadot (DOT) $4.03 ↓ -2.57%
Uniswap Uniswap (UNI) $10.19 ↑ 2.03%
Monero Monero (XMR) $326.54 ↑ 2.16%
Bitget Token Bitget Token (BGB) $4.62 ↓ -0.49%
Dai Dai (DAI) $1.00 ↑ 0.01%
Pepe Pepe (PEPE) $0.00 ↓ -1.65%
Aave Aave (AAVE) $289.74 ↑ 0.67%
Cronos Cronos (CRO) $0.13 ↑ 5.65%
Bittensor Bittensor (TAO) $424.14 ↓ -0.95%
Ethereum Classic Ethereum Classic (ETC) $22.50 ↑ 0.35%
Pi Pi (PI) $0.44 ↓ -0.72%
NEAR Protocol NEAR Protocol (NEAR) $2.75 ↑ 0.14%
Ondo Ondo (ONDO) $1.06 ↑ 4.60%
Aptos Aptos (APT) $4.69 ↓ -5.53%
Ethena Ethena (ENA) $0.48 ↑ 5.76%
Internet Computer Internet Computer (ICP) $5.59 ↑ 0.39%
OKB OKB (OKB) $48.25 ↓ -0.09%
Bonk Bonk (BONK) $0.00 ↑ 6.71%
Kaspa Kaspa (KAS) $0.10 ↓ -6.28%
Mantle Mantle (MNT) $0.75 ↓ -6.90%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↓ -2.85%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.23 ↓ -1.27%
Algorand Algorand (ALGO) $0.27 ↑ 0.25%
Arbitrum Arbitrum (ARB) $0.44 ↑ 0.69%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↑ 0.01%
VeChain VeChain (VET) $0.03 ↓ -1.49%
GateToken GateToken (GT) $17.51 ↓ -0.33%
Render Render (RENDER) $4.13 ↓ -0.97%
Worldcoin Worldcoin (WLD) $1.16 ↓ -3.95%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $9.97 ↓ -1.18%
Sei Sei (SEI) $0.32 ↓ -1.64%
Cosmos Cosmos (ATOM) $4.69 ↓ -0.63%
Sky Sky (SKY) $0.08 ↑ 0.95%
Filecoin Filecoin (FIL) $2.61 ↓ -1.14%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.74 ↑ 0.66%
SPX6900 SPX6900 (SPX) $1.81 ↓ -3.08%
Jupiter Jupiter (JUP) $0.55 ↓ -4.18%
Flare Flare (FLR) $0.02 ↓ -0.51%
Story Story (IP) $5.31 ↑ 10.77%
KuCoin Token KuCoin Token (KCS) $12.12 ↑ 0.65%
Quant Quant (QNT) $120.62 ↓ -1.13%
First Digital USD First Digital USD (FDUSD) $1.00 ↑ 0.01%
XDC Network XDC Network (XDC) $0.09 ↓ -5.25%
Injective Injective (INJ) $13.72 ↑ 0.09%
Fartcoin Fartcoin (FARTCOIN) $1.37 ↓ -10.63%
Four Four (FORM) $3.53 ↑ 2.14%
Curve DAO Token Curve DAO Token (CRV) $0.98 ↑ 5.14%
Celestia Celestia (TIA) $1.85 ↓ -6.51%
Stacks Stacks (STX) $0.79 ↓ -0.91%
FLOKI FLOKI (FLOKI) $0.00 ↓ -3.64%
Optimism Optimism (OP) $0.70 ↑ 0.05%
dogwifhat dogwifhat (WIF) $1.06 ↓ -9.24%
Ethereum Name Service Ethereum Name Service (ENS) $28.94 ↑ 2.95%
Immutable Immutable (IMX) $0.55 ↓ -5.09%
The Graph The Graph (GRT) $0.10 ↑ 1.28%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.56 ↓ -9.13%
Pump.fun Pump.fun (PUMP) $0.00 ↓ -23.60%
Kaia Kaia (KAIA) $0.16 ↓ -1.58%
Lido DAO Lido DAO (LDO) $1.09 ↑ 0.69%
Sonic Sonic (S) $0.34 ↓ -3.18%
PAX Gold PAX Gold (PAXG) $3,374.98 ↓ -0.49%
Tezos Tezos (XTZ) $0.90 ↑ 1.17%
Vaulta Vaulta (A) $0.58 ↓ -4.90%
PancakeSwap PancakeSwap (CAKE) $2.64 ↓ -2.85%
Conflux Conflux (CFX) $0.17 ↑ 1.34%
Theta Network Theta Network (THETA) $0.87 ↓ -4.46%
JasmyCoin JasmyCoin (JASMY) $0.02 ↓ -3.89%
Nexo Nexo (NEXO) $1.32 ↑ 0.66%
PayPal USD PayPal USD (PYUSD) $1.00 ↓ -0.02%
Raydium Raydium (RAY) $3.16 ↑ 4.05%
Tether Gold Tether Gold (XAUt) $3,369.41 ↓ -0.48%
IOTA IOTA (IOTA) $0.20 ↓ -2.48%
Gala Gala (GALA) $0.02 ↓ -3.35%
The Sandbox The Sandbox (SAND) $0.30 ↓ -2.37%
Aerodrome Finance Aerodrome Finance (AERO) $0.90 ↓ -0.10%
Pendle Pendle (PENDLE) $4.38 ↓ -0.77%
Pyth Network Pyth Network (PYTH) $0.13 ↓ -4.68%
Jito Jito (JTO) $2.02 ↑ 0.29%
Bitcoin Bitcoin (BTC) $118,921.23 ↑ 1.09%
Ethereum Ethereum (ETH) $3,705.62 ↑ 3.96%
XRP XRP (XRP) $3.21 ↓ -0.63%
Tether USDt Tether USDt (USDT) $1.00 ↓ -0.07%
BNB BNB (BNB) $779.36 ↑ 1.64%
Solana Solana (SOL) $186.85 ↓ -0.76%
USDC USDC (USDC) $1.00 ↓ -0.06%
Dogecoin Dogecoin (DOGE) $0.24 ↓ -2.38%
TRON TRON (TRX) $0.31 ↑ 1.22%
Cardano Cardano (ADA) $0.82 ↑ 0.42%
Hyperliquid Hyperliquid (HYPE) $42.44 ↓ -0.75%
Stellar Stellar (XLM) $0.43 ↑ 1.35%
Sui Sui (SUI) $3.82 ↑ 3.24%
Chainlink Chainlink (LINK) $18.31 ↑ 2.05%
Hedera Hedera (HBAR) $0.24 ↓ -1.83%
Bitcoin Cash Bitcoin Cash (BCH) $516.66 ↑ 1.81%
Avalanche Avalanche (AVAX) $23.97 ↑ 0.96%
Litecoin Litecoin (LTC) $112.53 ↓ -0.09%
UNUS SED LEO UNUS SED LEO (LEO) $8.99 ↑ 0.26%
Shiba Inu Shiba Inu (SHIB) $0.00 ↓ -1.53%
Toncoin Toncoin (TON) $3.17 ↑ 0.66%
Ethena USDe Ethena USDe (USDe) $1.00 ↑ 0.00%
Polkadot Polkadot (DOT) $4.03 ↓ -2.57%
Uniswap Uniswap (UNI) $10.19 ↑ 2.03%
Monero Monero (XMR) $326.54 ↑ 2.16%
Bitget Token Bitget Token (BGB) $4.62 ↓ -0.49%
Dai Dai (DAI) $1.00 ↑ 0.01%
Pepe Pepe (PEPE) $0.00 ↓ -1.65%
Aave Aave (AAVE) $289.74 ↑ 0.67%
Cronos Cronos (CRO) $0.13 ↑ 5.65%
Bittensor Bittensor (TAO) $424.14 ↓ -0.95%
Ethereum Classic Ethereum Classic (ETC) $22.50 ↑ 0.35%
Pi Pi (PI) $0.44 ↓ -0.72%
NEAR Protocol NEAR Protocol (NEAR) $2.75 ↑ 0.14%
Ondo Ondo (ONDO) $1.06 ↑ 4.60%
Aptos Aptos (APT) $4.69 ↓ -5.53%
Ethena Ethena (ENA) $0.48 ↑ 5.76%
Internet Computer Internet Computer (ICP) $5.59 ↑ 0.39%
OKB OKB (OKB) $48.25 ↓ -0.09%
Bonk Bonk (BONK) $0.00 ↑ 6.71%
Kaspa Kaspa (KAS) $0.10 ↓ -6.28%
Mantle Mantle (MNT) $0.75 ↓ -6.90%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↓ -2.85%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.23 ↓ -1.27%
Algorand Algorand (ALGO) $0.27 ↑ 0.25%
Arbitrum Arbitrum (ARB) $0.44 ↑ 0.69%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↑ 0.01%
VeChain VeChain (VET) $0.03 ↓ -1.49%
GateToken GateToken (GT) $17.51 ↓ -0.33%
Render Render (RENDER) $4.13 ↓ -0.97%
Worldcoin Worldcoin (WLD) $1.16 ↓ -3.95%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $9.97 ↓ -1.18%
Sei Sei (SEI) $0.32 ↓ -1.64%
Cosmos Cosmos (ATOM) $4.69 ↓ -0.63%
Sky Sky (SKY) $0.08 ↑ 0.95%
Filecoin Filecoin (FIL) $2.61 ↓ -1.14%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.74 ↑ 0.66%
SPX6900 SPX6900 (SPX) $1.81 ↓ -3.08%
Jupiter Jupiter (JUP) $0.55 ↓ -4.18%
Flare Flare (FLR) $0.02 ↓ -0.51%
Story Story (IP) $5.31 ↑ 10.77%
KuCoin Token KuCoin Token (KCS) $12.12 ↑ 0.65%
Quant Quant (QNT) $120.62 ↓ -1.13%
First Digital USD First Digital USD (FDUSD) $1.00 ↑ 0.01%
XDC Network XDC Network (XDC) $0.09 ↓ -5.25%
Injective Injective (INJ) $13.72 ↑ 0.09%
Fartcoin Fartcoin (FARTCOIN) $1.37 ↓ -10.63%
Four Four (FORM) $3.53 ↑ 2.14%
Curve DAO Token Curve DAO Token (CRV) $0.98 ↑ 5.14%
Celestia Celestia (TIA) $1.85 ↓ -6.51%
Stacks Stacks (STX) $0.79 ↓ -0.91%
FLOKI FLOKI (FLOKI) $0.00 ↓ -3.64%
Optimism Optimism (OP) $0.70 ↑ 0.05%
dogwifhat dogwifhat (WIF) $1.06 ↓ -9.24%
Ethereum Name Service Ethereum Name Service (ENS) $28.94 ↑ 2.95%
Immutable Immutable (IMX) $0.55 ↓ -5.09%
The Graph The Graph (GRT) $0.10 ↑ 1.28%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.56 ↓ -9.13%
Pump.fun Pump.fun (PUMP) $0.00 ↓ -23.60%
Kaia Kaia (KAIA) $0.16 ↓ -1.58%
Lido DAO Lido DAO (LDO) $1.09 ↑ 0.69%
Sonic Sonic (S) $0.34 ↓ -3.18%
PAX Gold PAX Gold (PAXG) $3,374.98 ↓ -0.49%
Tezos Tezos (XTZ) $0.90 ↑ 1.17%
Vaulta Vaulta (A) $0.58 ↓ -4.90%
PancakeSwap PancakeSwap (CAKE) $2.64 ↓ -2.85%
Conflux Conflux (CFX) $0.17 ↑ 1.34%
Theta Network Theta Network (THETA) $0.87 ↓ -4.46%
JasmyCoin JasmyCoin (JASMY) $0.02 ↓ -3.89%
Nexo Nexo (NEXO) $1.32 ↑ 0.66%
PayPal USD PayPal USD (PYUSD) $1.00 ↓ -0.02%
Raydium Raydium (RAY) $3.16 ↑ 4.05%
Tether Gold Tether Gold (XAUt) $3,369.41 ↓ -0.48%
IOTA IOTA (IOTA) $0.20 ↓ -2.48%
Gala Gala (GALA) $0.02 ↓ -3.35%
The Sandbox The Sandbox (SAND) $0.30 ↓ -2.37%
Aerodrome Finance Aerodrome Finance (AERO) $0.90 ↓ -0.10%
Pendle Pendle (PENDLE) $4.38 ↓ -0.77%
Pyth Network Pyth Network (PYTH) $0.13 ↓ -4.68%
Jito Jito (JTO) $2.02 ↑ 0.29%
Home Cryptocurrency

Ripple Case Developments: How Will XRP React?

Lois Zaytsaw by Lois Zaytsaw
21 October 2024
in Cryptocurrency, News
Reading Time: 2 mins read
0
representing the ongoing Ripple vs SEC case and its potential impact on XRP is price. The image shows a balance scale with th

The price forecast for XRP in 2024 largely depends on the outcome of Ripple’s ongoing legal battle with the SEC. Analysts predict that XRP could fluctuate between $0.50 and $0.80, with key factors such as a potential XRP ETF and Ripple’s RLUSD stablecoin project also influencing price movements. Investors should remain cautious due to the market’s volatility.

Qubetics is 728x90 1 1

Table of Contents

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    • YOU MAY BE INTERESTED
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    • If Bonk Was a Missed Catch, MoonBull Might Be Your Ticket to the Top Meme Coins to Watch
  • XRP Price Set for Fluctuation Between $0.50 and $0.80
  • Legal Uncertainty and Ripple’s Future

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XRP Price Set for Fluctuation Between $0.50 and $0.80

According to Bitget’s chief analyst Ryan Lee, XRP’s price is expected to move within a range of $0.50 to $0.80 throughout 2024. This volatility is closely tied to the ongoing lawsuit between Ripple and the U.S. Securities and Exchange Commission (SEC). The uncertainty surrounding the case has forced many investors, particularly in the U.S., to adopt a cautious stance in the market.

The SEC recently filed an appeal, which added pressure to the market. Although the appeal does not directly challenge the ruling that XRP is not a security, it focuses on the personal sales of Ripple’s CEO Brad Garlinghouse and co-founder Chris Larsen. This renewed legal uncertainty could lead to heightened volatility in the XRP market, with potential price swings of up to 50%.chart 12

Legal Uncertainty and Ripple’s Future

The legal proceedings between Ripple and the SEC could extend into 2025, and the outcome could have lasting effects on XRP’s price. Should the court rule in favor of Ripple, a significant price increase for XRP is anticipated. However, if the ruling goes against Ripple, prices could dip below $0.50.

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Another potential catalyst for XRP is the prospect of an XRP-based exchange-traded fund (ETF). CME Group’s Tim McCourt has indicated some progress on this front, although a full launch still seems to be a way off. If approved, an XRP ETF could drive further price gains.

Ripple’s new stablecoin project, RLUSD, could also positively impact XRP’s price. If XRP plays a pivotal role within this ecosystem, prices could push above $1. However, if XRP’s involvement in the project remains limited, there is a risk of a price drop.

As Turkish NY Radio has reported, Ripple’s ongoing legal battle and its potential impact on XRP’s future remain critical topics for crypto investors. The outcome of the case, along with developments around an XRP ETF and the RLUSD stablecoin, could shape XRP’s price trajectory in the coming months.

Tags: ETFrippleRLUSDsecXRP
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Lois Zaytsaw

Lois Zaytsaw

Content Editor, News Meet Lois, a dynamic Crypto, Blockchain, and Finance Writer/Journalist based in the bustling metropolis of New York City. With a passion for technology and a keen understanding of finance, Lois has been covering the latest developments in the world of cryptocurrency and blockchain for several years. Her insightful articles have been featured in numerous leading publications, including The Wall Street Journal, Bloomberg, and CryptoBriefing. Lois' fascination with blockchain and cryptocurrency began during her time as a student at university, where she studied economics and computer science. She was drawn to the disruptive potential of blockchain technology to revolutionize the traditional financial industry, and since then, she has been following the latest trends and innovations in the space.

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