$XRP Key Developments After SEC Lawsuit Dismissal 🚀
Now that Ripple and the SEC have officially dismissed all remaining appeals in their lawsuit, XRP's trajectory is looking bullish 🤑. Here are the key developments to know about XRP before Tuesday:
- *Legal Hurdle Cleared*: With the lawsuit dismissed, XRP surged over 10%, trading around $3.33–$3.35. Analysts predict targets of $8–$10, and even $20 in bull-case scenarios driven by institutional adoption [1][3].
- *Aggressive Technical Forecasts*: Chart guru Tony “The Bull” Severino predicts a 333% surge within 40 days based on Elliott Wave analysis. Veteran trader Peter Brandt sees a 60% rally, with XRP hitting $4.47.
- *$XRP XRP's Market Share*: If XRP climbs Fibonacci thresholds on its dominance chart (5.92%, 8.87%, 11.61%), it could signal a breakout. In a $10 trillion crypto market with 8–11% dominance, XRP's value could surge into double digits.
- *Escrow Mechanism*: Ripple's CTO confirmed escrow releases occur on the first day of the month.
