Featured image from Crypto News, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
The host of the \u2018Discover Crypto\u2019 YouTube channel has boldly claimed that the XRP price could surge by 1000% from its current price range. He highlighted the Securities and Exchange Commission\u2019s (SEC) case against Ripple as one of the factors that could spark this price surge.\u00a0 XRP Price Could Do A 10X When Ripple And SEC Settle In a video posted on the YouTube channel, the analyst suggested that XRP would rise significantly once Ripple and the SEC finally settled. He described this long-running legal battle between both parties as a\u00a0 \u201cblack cloud\u201d that has continued to cause uncertainty in the XRP market. Related Reading: Prepare For Impact: US Government Will Dump $130 Million Worth Of Bitcoin He further noted how investors strongly dislike uncertainty, which could explain why they have continued to trade with caution rather than doubling down on their XRP investments. Meanwhile, the \u2018Discover Crypto\u2019 host believes that irrespective of how much Ripple ends up being fined, a settlement will no doubt be \u2018positive news\u2019 and the trigger for the price surge.\u00a0 The crypto analyst went on to break down four other reasons why he believes that XRP\u2019s price could surge by 1000%. First, he stated that a Ripple Initial Public Offering (IPO) could also trigger a significant rally for XRP. This price pump, he claims, will be facilitated by market makers and whales who would want to create a positive sentiment around the IPO launch. To back up this point, he alleged that the biggest move for Bitcoin in 2021 wasn\u2019t as a result of Bitcoin Halving or any market cycle but because of the Coinbase IPO. These same market makers are said to have pumped the flagship crypto\u2019s price then.\u00a0 Token price at $0.53 | Source: XRPUSD on Tradingview.com Other Factors That Could Spark XRP\u2019s Parabolic Move The crypto analyst outlined crypto legislation as the third reason why XRP could rise exponentially from its current price levels. While admitting that the entire crypto market will benefit from this, he expects XRP to be one of the tokens that enjoy the most gains from this development.\u00a0 Related Reading: Report Shows Polygon Users Rivaled Ethereum In 2023, But Why Has Price Failed To Clear $1? Institutional adoption is also predicted to be another catalyst in XRP\u2019s parabolic move. The \u2018Discover Crypto\u2019 host noted how the Spot Bitcoin ETFs have opened the doors to mainstream adoption. As such, he expects that more entities will want to add crypto tokens like XRP to their portfolio alongside their Bitcoin exposure. The fifth factor that could spark the 1000% rally for XRP is the Bitcoin Halving. The crypto analyst predicts that all crypto tokens, including XRP, are going to pump post-halving. As such, he believes that buying XRP at $0.50 now is definitely a steal.\u00a0 Featured image from Crypto News, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":571985,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16894],"tags":[167,6664,26263,14690,3680,17209,4531,13172,16289,10972,78763],"class_list":["post-571981","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-analyst","tag-crypto","tag-crypto-analyst","tag-crypto-news","tag-ripple","tag-ripple-news","tag-xrp","tag-xrp-price","tag-xrp-price-prediction","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\n
XRP Price Will See 1,000% Rally When \u2018Black Cloud\u2019 Dissolves, What This Means<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n