Reasons why XRP has not increased in price over the past 4 years

XRP's price has not risen significantly in the past 4 years mainly due to instability from legal issues and competition in the cryptocurrency market. During this period, XRP has faced a lawsuit that has lasted from 2020 to 2023 with the SEC, causing many investors to be cautious, leading to a decline in trading volume and confidence in this currency.

Over the years, XRP has mainly been traded within a limited price range, from $0.45 to $0.65, although there has been recent growth, it is still not enough to restore higher value in the long term. However, after ICALF resolves legal issues, many analysts predict that XRP may experience a strong recovery due to factors such as regulatory clarity and demand from financial institutions.

Although some current analyses have indicated that XRP has the potential to break out in 2024, maintaining the upward momentum depends on many market factors and broader acceptance of Ripple's technology.