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$BNB XRP price is showing bullish momentum following the resolution of the Ripple vs. SEC lawsuit. Analyst Dark Defender highlighted the impact on XRP, noting that the breakout above the long-term descending trend confirms bullish forecasts. A strong green candlestick indicates substantial buying pressure. Fibonacci retracement levels suggest strong support for further gains, with analysts expecting XRP to surpass $3.40 and $3.78 before reaching the $5 target. The momentum shift follows a prolonged consolidation phase, aligning with the lawsuit’s conclusion after over five years. Market analysts have identified an Elliott Wave structure indicating continued price growth. XRP is in an impulsive wave pattern, supporting the projection of a strong bullish phase. The lawsuit’s resolution removed a major barrier that had previously limited XRP’s growth potential.
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$ETH 3/3 The conclusion suggests that the end of the SEC vs. Ripple lawsuit has fueled speculation about US financial institutions, such as MicroStrategy, potentially buying XRP. If this occurs, XRP could surpass $100 and become the largest altcoin by market cap.
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#VoteToListOnBinance 2/3 XRP’s open interest has increased by over $600 million in the last 24 hours, according to Coinglass. This surge follows growing bullish sentiment after the SEC vs. Ripple lawsuit ended. Analyst Gert van Lagen has identified a seven-year double-bottom pattern on XRP’s two-week chart. He noted that XRP has bounced from the neckline at $1.96 and is now set for a potential 1,400% rally to $38. Lagen also pointed out that XRP completed a similar pattern in 2014, which drove its price from about $0.003 to $0.40. If history repeats, XRP could significantly outperform the broader crypto market.
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#ETHBreaks2k Could XRP Skyrocket to $100 if Michael Saylor Shifts Focus from Bitcoin? Read more 👇🏼👇🏼 1/3 XRP is trading at $2.47 with a 7% gain in 24 hours. According to Coingape, XRP could realistically reach $100 if US banks and institutions start buying Ripple after the lawsuit ends. If Michael Saylor became one of these institutional buyers, this target could be attainable within a few years. Earlier this month, Saylor discussed Ripple’s legal status with CNBC, stating that XRP needs clear regulations for issuance and that buying it is like supporting an investment in a US-based company. MicroStrategy has acquired nearly 500,000 BTC since 2020, spending about $6.6 billion per year on Bitcoin. If Saylor shifted this investment to XRP, it could drive enough demand to push the price to $100. Additionally, a MicroStrategy XRP purchase might attract major institutions like BlackRock, which experts believe is preparing for an XRP ETF filing, potentially further boosting the price.
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XRP to $100🚨? How the End of the SEC vs. Ripple Lawsuit Could Trigger a Massive Price Surge 👇🏼👇
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