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The ongoing legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC) may be ending, as a settlement has been rumored. Yet, amid those rumblings XRP has plummeted almost 3% over the last 24 hours, continuing its downtrend for more than a month. However, there is hope that the presence of a settlement could be good news for investors hoping for a return to form for the cryptocurrency. Indeed, could the conclusion to the SEC lawsuit bring forth a rally that could arrive just in time for the highly-anticipated Bitcoin Halving Event? Also Read: Ripple XRP Targets $0.60 In April as SEC Case & Halving Begin Ripple & SEC May Have Settlement Agreement at the Perfect Time For the last several years, Ripple and the SEC have been engaged in a massive court battle. The two sides have faced off with the former coming out ahead several times. Moreover, these victories have been crucial developments such as the sec urity status of its XRP token. ...

Despite the digital asset market’s gains throughout the month, one cryptocurrency has struggled. Indeed, Ripple (XRP) has fallen more than 1.42% over the last 24 hours, according to CoinMarketCap, trading at $0.62 and replacing many of the gains that it experienced throughout March. The asset ended the week down 5% on Friday and extended a massive correction that took place after it reached a year-to-date high of $0.7440 on Monday. Although the correction aligns with a market-wide trend, things could be poised to turn around. Indeed, this month is set to prove crucial for Ripple, with a plethora of important developments preceding what could be a massive turnaround to end the month for XRP. So, let’s delve into three reasons why Ripple (XRP) could turn around at the end of March. Ripple Vs. SEC Lawsuit Also Read: Ripple Forecasted To Hit $1.17, XRP Forms ‘W’ Pattern As with any discussion regarding XRP, Ripple vs. the US Securities and Exchange Commission...

This week, the digital asset market has seen assets like Bitcoin (BTC) and Ethereum (ETH) surge. As the former continues ascending toward its all-time high, could other digital assets be quick to follow? One of the most optimistic assets, Ripple could be poised for a big rally, leading us to observe when XRP could breach the $1 level Ripple has had a rather underwhelming start to 2024 thus far. However, many are optimistic that the asset can return to an upward trajectory in the coming months. Subsequently, could the table be set for XRP’s climb back to $1 for the first time since February 2018? Ripple to Benefit From Current Market Surge? Also Read: Ripple XRP: Can XRP Rally 80% and Reach $1 In March 2024? Heading into the new year, the digital asset market had high expectations. Bitcoin was poised to lead the way, as the US Securities and Exchange Commission (SEC) was set to approve 11 Spot Bitcoin ETFs for the very first time. Subsequently, the rising tide was bet o...

Assessing the current market conditions, the pursuit of XRP millionaire status requires a carefully devised strategy and timely execution. In the present market scenario, seizing the opportunity to acquire XRP today is seen as a potential avenue for significant gains. However, a pertinent question arises: what quantity of XRP is necessary to amass a million-dollar fortune? As per the latest market update, XRP is currently valued at $0.555. The coin also has a trading volume of $1.5 billion within the past 24 hours. For those aspiring to achieve a $1 million portfolio with Ripple priced at $2 per coin, the calculation is straightforward. Divide the desired target of $1,000,000 by the coin price of $2, resulting in the acquisition of 500,000 XRP. Also read: Circle To End USDC Stablecoin Support on TRON How much XRP do you need to become a millionaire if the price hits $2? To determine the current cost of this strategic investment, multiply the quantity of XRP (500,000) by the ...

With a $1,000 investment in XRP today, you could become a millionaire if the token reaches a forecasted price target of around $520 over the next few decades. Although that level demands massive gains from current prices near $0.52, Analysis suggests XRP hitting or exceeding $520 by 2050. XRP Struggles Recently but Holds Long-Term Promise After a brutal decline, XRP has struggled to regain its footing in early 2024. The asset has sat around 10% lower in the last 30 days, per the latest data.  At $0.52 presently, XRP seems far from its glory days, approaching $3.40. However, some investors anticipate that those peaks represent merely a fraction of the coin’s future potential if current legal headwinds get resolved favorably. Also read: Cryptocurrency: 3 Coins To Watch This Valentine’s Day Investing $1,000 in XRP today would net about 1,925 tokens. For that investment to reach $1 million, the coin would need to climb to $520 per coin. While ambitious, Analysis su...

XRP faces sizable headwinds in the coming months, according to both technical and on-chain signals, suggesting the embattled token risks notable price erosion.  The downbeat projections come even as the broader crypto market attempts to stabilize from recent lows. For XRP, already lagging among the top majors, a confluence of metrics tilts risks to the downside, barring an unforeseen positive catalyst. Bear Flag Threatens Downside Break The first red flag for XRP spotlights a potential bear flag breakdown on weekly timeframes. XRP is delicately clinging to the pattern’s lower trendline support, with violations opening up targets toward the $0.24 zone for a 55% drop. Also read: Ripple: XRP Historical Patterns Suggest Potential Price Explosion Meanwhile, neutral readings on its relative strength index offer little evidence that buyers are poised to reverse momentum. So with little confirmation of overextended selling, the risk skews decidedly bearish on the chart. ...