#XRP has surged back to the $0.60 mark as Ripple's CEO, Brad Garlinghouse, predicts a doubling of the crypto market's value.
Garlinghouse's optimism stems from his CNBC interview where he suggested that the entire crypto industry could triple by 2024. Amidst this positive outlook, Bill Morgan, a prominent attorney supporting Ripple, has criticized the SEC's case against the company, citing inconsistencies and lack of substantial evidence.
Despite these legal battles, XRP seeks to regain stability above $0.60, with Monday witnessing a consolidation phase. Garlinghouse's remarks on institutional interest and the impact of factors like the US Spot Bitcoin ETF have bolstered confidence in the market.
Projections suggest that if XRP maintains its current purchasing momentum, it could surpass the psychological barrier of $0.60, with potential targets including the Fair Value Gap (FVG) and resistance levels around $0.6147.
