Why hasn't XRP continued to rise as most people expected?

XRP has not yet achieved the expected growth due to several internal and external influencing factors. Although it has recorded an increase recently and 60% over the past week, the overall cryptocurrency market is showing slight signs of decline, with total market capitalization down by 2.8%. This has caused many investors to feel uncertain about XRP's breakout potential.

In the legal context, the prolonged lawsuit between Ripple and the U.S. Securities and Exchange Commission (SEC) has created anxiety within the investment community. The court's ruling that XRP is not a security last year was hoped to drive the price above 1.5 USD, but this has not occurred as expected. Currently, XRP is still struggling to maintain above 1 USD.

Additionally, with the situation of other altcoins like Bitcoin dominating, investors' attention towards other opportunities has also contributed to reducing XRP's appeal. Some analysts warn that if the legal situation remains unclear, XRP may struggle to achieve the high price levels that are expected in the short term.