时间：2024-03-13|浏览：260
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The cryptocurrency market is in an uptrend, with XRP catching up with a 13% weekly increase and a significant rally expected around the Bitcoin halving.
The lawsuit between Ripple and the SEC is a significant event that could affect the price of XRP and overall crypto regulations.
- The revival of the cryptocurrency market has been continuing for weeks; Leading digital assets like Bitcoin (BTC) are reaching new all-time high prices.
- Initially, Ripple's XRP was reluctant to follow the green wave, but recently it has started to keep up with the trends. The asset's value is currently hovering around $0.70, up 13% on a seven-day scale (according to CoinGecko data).
- Some analysts believe that the recent revival could be the beginning of a major rally that could lead to a new ATH for XRP. X user LEB CRYPTO is among those who support this assumption.
- The technical analyst thinks that the token's peak may occur before or immediately after the Bitcoin halving. This is related to the Bitcoin halving, which is scheduled to take place at the end of next month.
- "This scenario is consistent with BTC writing exuberant price action above $100,000 heading into the halving and a significant ATH in this bull market. Alts like XRP, XLM could shine for a few weeks," LEB CRYPTO said.
- The person who partially agrees with the prediction is pro-Ripple lawyer Bill Morgan. He thinks XRP could rise to around $2 in April or May, but it's too early to imagine a new ATH.
- The upcoming halving is not the only factor that could trigger a rally for the asset. The case between Ripple and the SEC (to be heard on April 23) is another valuable element.
- Many people believe that Ripple's decisive victory could positively affect the entire cryptocurrency market. On the contrary, the opposite situation may lead to the implementation of strict rules and hinder the progress of the industry. Ripple dominated last year, scoring three significant (but partial) court victories.
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