XRP’s Settlement Surprise: Why Analysts Predict a Modest Price Pump This Time

Ripple XRP

Reliable sources have confirmed to FOX Business journalist Eleanor Terrett that the long-running Ripple lawsuit is finally coming to an end. Reports indicate that Ripple and the U.S. Securities and Exchange Commission (SEC) are now actively negotiating settlement terms. The delay, according to sources, stemmed from Ripple’s insistence on securing more favorable conditions.

This long-awaited resolution has sparked excitement among XRP holders, many of whom see it as a potential catalyst for a significant price surge. However, crypto analyst Dom warns that expectations should be tempered. He believes that the price reaction to the settlement may not be as explosive as in 2023.

Why XRP’s Rally Could Be Modest

Back in July 2023, XRP experienced a historic surge, doubling in value within four hours after a U.S. court ruled that the token was not a security. That ruling, which caught the market by surprise, triggered massive buying pressure.

This time, however, the settlement has been widely anticipated. Dom explains that with “high confidence” surrounding the imminent deal, there is little room for a surprise-driven price explosion. Unlike the previous ruling, which directly impacted XRP’s regulatory status, this settlement primarily concerns Ripple’s penalty for selling XRP to institutional investors. The company has already been hit with a $125 million fine for the violation.

Will XRP Break Out?

Despite the legal resolution, Dom predicts that XRP’s surge may be capped at 20%. With XRP currently trading at $2.22, a 20% increase would place it at approximately $2.64. While a settlement could bring positive momentum, it is unlikely to match the previous rally’s intensity.

For investors eyeing an exit, Dom suggests that the news could offer a “small exit pump.” However, he also hints at a more significant long-term opportunity—Ripple’s post-settlement roadmap.

Also Read: XRP Price Eyes $3.3 as Analysts Predict Breakout – Will It Rally Further?

Ripple’s Next Moves Hold the Key

Dom speculates that Ripple may have been strategically holding back major announcements until its legal troubles were resolved. If the company unveils new developments post-settlement, these could be the true catalysts for XRP’s future growth. Investors may need to look beyond the immediate price reaction and focus on Ripple’s next strategic moves.

Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.

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