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WILL XRP EXPLODE AFTER SEC REPORT ON 16/6?
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The status report on the SEC's lawsuit against Ripple on 16/6/2025 could be a major catalyst for XRP!
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Despite a 5.3% drop to $2.28 (8/6), experts like X Finance Bull predict this is just a temporary adjustment. With RLUSD (~$382M market cap), expectations of an XRP ETF (98% approval probability before 12/2025 on Polymarket), and the possibility of a lawsuit settlement, XRP is ready to break out!
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Price increase potential:
Legal resolution: A rumored agreement with the SEC could attract institutional capital.
RLUSD & ETF: Stablecoin increasing utility, ETFs from Grayscale and Bitwise paving the way for large capital inflows.
Technical: The cup-and-handle & falling wedge patterns predict a 14% increase to $2.63, even $5.81 (Coinpedia) or $15 (Egrag Crypto) if it surpasses $3.40.
Risks:
Delays from the SEC could push XRP down to $1.88-$1.63.
Market volatility & FOMC (17-18/6) need to be noted.
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What do you think? Will XRP surpass $3.84 this month? Join now!
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