XRP Sees 13% Weekly Rise Between Market Surge and Impending Ripple and SEC Trial

According to CryptoPotato, XRP caught the upward trend in the cryptocurrency market and increased in value by 13 percent last week, reaching around $0.70. Some analysts believe that this resurgence could lead to a significant rise and a new all-time high (ATH) for XRP. Technical analyst LEB CRYPTO suggests that the token's peak could occur before or after the Bitcoin halving, which is scheduled for the end of next month.

Pro-Ripple lawyer Bill Morgan partially agrees with this prediction, stating that XRP could rise to around $2 in April or May, but it is too early to make a new ATH estimate. The upcoming hearing between Ripple and the SEC on April 23 is another factor that could affect the price of XRP and the broader crypto regulatory environment. A decisive Ripple victory could positively impact the entire cryptocurrency market; The opposite scenario may lead to the implementation of strict rules and hindering the progress of the sector. Ripple achieved three vital, albeit partial, wins last year.#SEC. $XRP