🚀🚀🚀Ripple (XRP) Rise is a Matter of Time, Because It Could Be a Signal of a 90% Increase

Despite the recently announced $ 2 billion fine demanded by the US Securities and Exchange Commission (SEC) on the company, the rise of Ripple (#XRP ) seems to be just a matter of time, as a 90 percent increase is expected. Indeed, the asset may be waiting in ambush, with technical indicators pointing to a big rise.

The industry faced a major development when the SEC's proposed fine was announced on Tuesday. In response, the SEC has maintained its stance and is preparing to respond with its own brief statement next month. Although the case does not seem to be concluded in the short term, the value of the asset may be preparing to rise rapidly.

#Ripple (XRP) Is Preparing For a Rise Above $ 1 On the SEC Penalty Request.

The digital asset market has carefully observed the ongoing legal dispute between Ripple and the Dec. The latest update showed that the agency is demanding a large financial penalty for the company. In response, the managers responded with claims about their ability to “expose” the tactics of the organization.

However, this development has not changed the high potential shown by the XRP token. Although it has not yet experienced a similar increase in value to some of its peers in the sector, this may change. Specifically, since a 90% increase is expected, the rise of Ripple (XRP) may be just a matter of time.

XRP 10. Wave ($1 – $1.2) 🌊🔟:

10. The "W" Formation is extremely well aligned with the current market structure and signals a potentially important move.

Target Prices Remain Consistent:

1) Non-Logarithmic: $1

2) Logarithmic: $1.2 XRParmy

- EGRAG CRYPTO (@egragcrypto) March 24, 2024

Also Read: Ripple XRP: Historical Trend Points to a 30% Increase in April

Indeed, crypto analyst EGRAG used X (formerly Twitter) to share his perspectives on the future of the asset. In this post, they indicate that they are preparing for a rise potentially towards the $ 1.20 level.