The community believes the price of XRP will rise to $0.9 by the end of April

The community believes the price of XRP will rise to $0.9 by the end of April

Although the seventh-largest cryptocurrency by market capitalization, XRP is currently trading in the red, the cryptocurrency community is giving a positive outlook for the digital asset, believing that it will trade above $0.90 by the end of April.

The CoinMarketCap community is predicting with 77 percent accuracy that XRP will reach a price of $0.91 on April 30, 2022 (2,727 votes). The price above indicates an increase of $0.09 (+ 11.42%) over the digital asset’s current value of $0.82.

The 1,147 community members set a lower target for the end of May than April. They believe XRP will trade at $0.89 on May 31, an increase of $0.07 (8.89%) from its current price.

For the past six months, the cryptocurrency community has been forecasting the price of the cryptocurrency at 77.57 percent accuracy

Meanwhile, XRP issuer Ripple is still in litigation with the Securities and Exchange Commission (SEC). The company expects the process to drag on no longer than the second half of November 2022.

The lawsuit, which the SEC filed against Ripple and two of its executives in December 2022, alleges that the company sold its token as an investment product without regulatory approval.

XRP currently trades at $0.82 with a daily gain of 1.8% and a total market capitalization of $39.6 billion.

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Written by Renat
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