In Recent days, we have noticed $XRP price moving up and then settling. There are a lot of discussions on how much the price can move up. Many factors are in play. The upward momentum is indicative of the ongoing regulatory clarity that is still on progress. Every bit of positive news on that will gather more force and optimism and investor confidence. Ripple seems to keep it simple by waiting on the legal clarity while working on retake the market share it lost for long legal drama.
On May 19, CME future ETF launch is going to add more liquidity and drive the price more. Also, ripple is managing their eacrow relaese responsibly to not flood the market.
Expect legal calrity soon from Judge Analisa Torres which will add more force. SEC may make a bold move by approving at least one spot ETF for XRP that will make the wallstreet giants flooding in.
The derivative market, usa debt settlement via XRP, asset tokenisation, global institutional adoptions are all in the list of things that will drove the XRP price more than you can think. So invest prudetly while you still have time. I would suggest everyone to hold at least 500-1000 XRP for the next 3 months. Traders should manage their liquidation risks so when profit taking occurs they can still secure their investments. Check regularly $BTC price movements and financial news so you can move ahead in the pack.
