#CryptoRegulation
Very volatile and relies on speculation, so caution should be exercised when predicting prices.
Here is a quick summary of the current predictions for Ripple:
Current price: $2.51 (a decrease of 3.11% over 24 hours)
Monthly high: +20%
Key factors:
Clarity of regulatory rules: Reduction of the US Securities and Exchange Commission (SEC) fine; enhancing confidence.
Expectations for exchange-traded funds: 77% chance of approval for the spot exchange-traded fund by December 2025.
Technical developments: Upward trend with potential for short-term gains.
Whale accumulation: Large holders of the currency recently added 880 million Ripple.
Predictions:
Short-term: $2.85 by June 1, 2025 (CoinDesk AI)
End of 2025: $5.50 (Standard Chartered); potential for $15