The crypto currency market remains in the “horror” zone with the cautious approach of investors. The Fear & Greed Index is 32, while Bitcoin and Ethereum follow a wavy course. However, the XRP could not realize the expected rise despite Ripple’s case with SEC.

XRP price did not meet expectations

The withdrawal of the case against the US Securities and Stock Exchange Commission (SEC) against Ripple has created great excitement in XRP investors. After the news, XRP increased by 16 %in a short time and reached $ 2.60. However, this rise was short and the price fell to $ 2.38 the next day. This made many investors curious about why the XRP did not realize the expected rise.

Crypto Analyst Armando Pantoja said that the fact that the SEC did not make an official statement pushed investors to be cautious. So far, only Ripple CEO Brad Garlinghouse and CLO Stuart Alderoty made statements on the issue. Since the market players were waiting for the official stance of the SEC, a sudden rise in XRP did not occur.

Why is the price still?

Merlin’s co -founder Johnny Krypto argues that XRP’s stagnant price movement is normal. He says that the markets are usually rising with speculation and the prices are balanced when the news is finalized. He recalls that the rise of XRP from $ 0.50 to $ 2,50 in November stems from the expectations of investors that Ripple will win the case. If the SEC had appealed, he states that the price remained constant because the XRP would experience a harsh decline, but because there was no bad news.

Some investors on the market expect XRP to reach double -digit figures. However, Pantoja emphasizes that it will take time. While breast coins can rise rapidly with social media HYPE, it is shaped by assets, derivative products and large -scale investments that attract the attention of corporate investors such as XRP. Pantoja says, “A 10 -storey rise will come soon, but this will not happen on a day,” he says.

How does the rise take place?

As the SEC case remains in the past, new catalysts are required for the rise of XRP. According to Johnny Krypto, the increase in institutional investments, large business partnerships and XRP’s expansion of usage areas in cross -border payments will be critical for price increase. Positive cycles in the crypto market and powerful bull seasons can also move the XRP up.

Crypto analyst Edoardo Farina thinks that XRP has a significant potential in the long run. Despite the latest price fluctuations, XRP has gained 12 %since the New Year. Farina says the possibility of XRP ETF approvals, Ripple’s Rlusd Stablecoin’s regulatory support, and possible support of the Trump administration is important for XRP. In addition, token burning and corporate investor interest caused by trading fees may cause supply shock, which may attract prices.