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