Ripple v. SEC Case Nears Resolution? XRP Price Predictions and Dogecoin’s Recent Struggles

Ripple v. SEC Case Nears Resolution? XRP Price Predictions and Dogecoin’s Recent Struggles

Speculation Mounts Over Settlement, Analysts Predict Major XRP Surge, and DOGE Faces Market Pressure

Is the Ripple-SEC Case Wrapping Up?

The long-running legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) might be approaching its final chapter. With the agency shifting its stance on crypto lawsuits following the departure of former Chairman Gary Gensler, there’s growing optimism that a resolution could be reached before April 16.

Popular attorney Fred Rispoli believes the case could officially conclude before Ripple files its appellate brief on that date. Meanwhile, Fox Business journalist Eleanor Terrett reported that insiders suggest the case is in the final stages, with Ripple's legal team working to negotiate a reduced penalty from the $125 million initially ordered by Judge Torres last summer.

Adding to the intrigue, Terrett's sources claim the SEC’s new leadership is reevaluating the case, with some uncertainty over whether Ripple truly violated securities laws. However, Judge Torres has previously ruled that the company’s institutional XRP sales did indeed breach federal regulations.

XRP Price Predictions: How High Could It Go?

With the lawsuit potentially nearing an end, XRP’s price is expected to experience significant volatility. Currently trading at around $2.30 (according to CoinGecko), many analysts foresee a major price jump.

Crypto General, a popular X user, highlighted that XRP has been holding strong above $0.94, calling it a "great sign of strength." He predicts a short-term surge to $9 and remains bullish overall, citing the SEC’s softened stance on crypto-related cases.

Taking an even more extreme stance, EGRAG CRYPTO has suggested that XRP is primed for a major breakout, with a price range of $27-$222. However, reaching such astronomical levels would require XRP’s market cap to skyrocket to at least $1.5 trillion, making it a highly ambitious forecast.

Dogecoin’s Struggles: Is There Hope for a Rebound?

Dogecoin (DOGE) has had a rough week, dropping 15% to hover around $0.17. Despite this decline, analyst Ali Martinez maintains that as long as DOGE stays above this support level, it could still remain on a bullish trajectory.

However, the meme coin recently dipped below this key level before bouncing back, suggesting that market forces are still in play. Whether DOGE can regain momentum in the coming weeks remains to be seen.

With Ripple’s case potentially concluding, XRP’s future looks increasingly interesting - and if analysts are right, the token could be in for an explosive run. But will it actually reach the ambitious targets some predict? Time will tell.

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