The price of XRP continues to rise, with a short-term target of $5.85. This has exceeded initial predictions of $0.66 and $2.80. U.S. Congressman Guy Reschenthaler's recent purchase of XRP has added to the bullish sentiment and suggests further growth in the mid-term. However, the SEC is challenging Ripple Labs' partial court victory, claiming that XRP sales violated securities laws. Attorney Jeremy Hogan criticizes the SEC's opening brief and suggests that the appeal could backfire on them. Ripple's ongoing battle presents opportunities for industry implications and the potential reshaping of the regulatory landscape for digital assets.



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