Will Ripple (XRP) Repeat 2017 Rally?…Expect To Exceed $1 Amid Rising ETF Expectations: Currency Leaders
There is a growing possibility that Ripple (XRP) will repeat a strong rally like in 2017.
According to CoinGape, a cryptocurrency media outlet, it is predicted that the price is likely to reach again on the 11th (local time).
In a recent interview, Ripple CEO Brad Girlinghouse referred to the past when XRP was the ‘second-largest cryptocurrency’ and explained that various factors, including SEC regulations and the Ripple lawsuit, have affected XRP’s value.
The market has a positive outlook due to the prospect of XRP ETF approval and expectations of a clear regulatory plan following the election of President Trump.
Nate Geraci, CEO of ETF Store, a US ETF specialist, noted that ETF applications for XRP, Solana and Cardano are likely to come soon.
In addition, cryptocurrency analyst Dark Defender insists that if the price
Additionally, with the possibility of a reorganization of the Securities and Exchange Commission (SEC) following Trump’s election, expectations are also rising for a resolution to XRP’s long-standing legal problems.