$XRP took center stage, possibly becoming the most optimistic top cryptocurrency in the currency bull run. The altcoin has risen by more than 490% since the beginning of November, and crypto analysts predict further growth for XRP, with many forecasting that the altcoin could reach a target price of $10 during this bull cycle.
After such a powerful jump and positivity surrounding Ripple and XRP, many crypto investors foresee the upcoming bull season as an opportunity to reap huge profits from the potential price growth of XRP. Therefore, most analysts believe that the fundamental events surrounding XRP are the reason why the altcoin will reach the price target of $10.
After years of bearish pressure and uncertainty due to the ongoing Ripple vs. SEC case, XRP traded around $0.5 for more than two years, which led many investors to despair. However, recent events suggest that the legal battle may soon come to an end, reigniting optimism among XRP holders.
