Don't Sell XRP Before The SEC Lawsuit Ends
Author: Joseph RuizThis belief has already manifested in the asset’s behaviour, as XRP recently achieved new highs during its rally, which was partially fueled by speculation of the lawsuit coming to a close. XRP has managed to maintain a 24% gain since the beginning of March and is currently trading at $0.4595.
Analysts have referred to the dip to around $0.40 as an opportunity to acquire XRP at a comparatively lower price and Egrag argued that XRP trading under $1 presents a “life-changing opportunity” for investors.
However, the uncertainty surrounding the lawsuit's resolution has been unnerving for investors, with some arguing the legal pressure has taken an unreasonable amount of time. Until a decisive outcome is delivered, most investors remain cautiously optimistic about XRP's future.