Why the XRP price could reach $10

XRP at $10? A lawyer predicts the end of the SEC-Ripple lawsuit

Cryptocurrency attorney Jeremy Hogan recently predicted the end of the legal battle between Ripple and the SEC. According to him, this could happen before the approval of an XRP ETF by regulators. This prospect is particularly encouraging for the price of XRP, which has already risen by 2.5% in the last 24 hours and reached $2.48.

XRP on the path to strong growth

Although Hogan points out that a final settlement is closer than the launch of an XRP ETF, the latter is also not far off. This puts the XRP price in a good position to continue rising in the near and distant future.

His chart shows a promising surge in momentum today. After falling as low as 20 on February 3, his Relative Strength Index (RSI, in purple) has now risen to 55 and indicates a revival of buying pressure.

Chart of the XRP price with RSI indicator

At the same time, the 30-period moving average (in orange) seems to have begun a movement towards crossing the 200-period moving average (in blue). Therefore, this suggests that now is a very good time to buy the coin before it enters a new phase of strong growth. And it seems that this will happen in the relatively near future.

Based on these factors, the XRP price could reach $2.75 again in the second quarter and up to $3.40 by the fourth quarter.

XRP price prediction: Is a strong rise ahead?

With the predictions of a well-known crypto lawyer and promising technical signals, XRP seems ready to challenge the current market momentum to record a strong rise in the coming months.

Whether through XRP or other high-potential crypto assets, informed investors have an interesting opportunity to diversify and grow their portfolios.$XRP