#SECCryptoRoundtable News and Forecasts
1- Analysts predict XRP will rise to $9-10
After the decision by the U.S. Securities and Exchange Commission (SEC) regarding Ripple, analysts expect XRP to reach $9-10 based on Fibonacci retracement levels.
2- XRP price predictions after FOMC meeting
Analysts expect the price of XRP to reach $10 after the FOMC meeting, focusing on institutional interest and regulatory clarity.
3- Ripple SEC case nearing resolution:
Forecasts indicate that XRP could rise to $4.8 if it closes above $3, with optimism about a potential resolution before September.
4- Contractor's retreat on XRP
Optimism about XRP reaching its highest price in the first half of the year has declined, with odds dropping from 56% to 26%.
Conclusion
Forecasts indicate that XRP may face challenges in the short term due to market fear sentiment and bearish indicators; however, there are positive long-term expectations, especially if the legal issues related to Ripple are resolved.
$XRP