Ripple (XRP) could rise by 900% if the 2017 scenario repeats
Over the past 12 months, the native token of the fintech startup Ripple has risen in price by 67%. The strengthening of XRP was facilitated by a general improvement in the climate in the cryptocurrency market. In addition, this year Ripple scored two major victories in its case against the US Securities and Exchange Commission (SEC), restoring hope for a sustainable recovery to its supporters. At the moment, XRP soared by 95% - this was in mid-July. The price tested the area above $0.82 for the first time since April 2022, but quickly returned below the $0.5 mark, where it spent most of the time until the end of October. XRP is currently trading at $0.63, 23% below its yearly high. However, some analysts are confident that the token still has growth potential.