the result of the SEC lawsuit is crucial in the coming days!

At the moment, #XRP is in a very critical condition, reflecting a significant increase in its recent price. However, high selling pressure is looming that could limit its bullish momentum. The asset faces the challenge of breaking a key resistance at $3 USD, which could consolidate its position at a higher level of the market.

To reach this milestone, XRP needs to add approximately $31.2 billion to its current market cap, putting it at $171.2 billion USD. This is due to the basic price calculation, where the price of a token is defined by:

Market Cap ÷ Circulating Supply = Token Price

Current Situation:
139,980,000,000 ÷ 57,050,000,000 = $2.4 USD

Projected Target:
171,200,000,000 ÷ 57,050,000,000 = $3 USD

The dynamics between circulating supply and market cap show that:

- Although XRP has achieved solid growth, it still faces significant hurdles in breaking through its next critical level. Selling pressure, coupled with market uncertainty, could act as barriers to achieving this target. However, if it manages to break through this resistance threshold, XRP could attract renewed interest from investors. -

Will we have $XRP in the top 3 again next year?