XRP Price Prediction If Ripple Is Not Sued By The SEC, How Much?

Bittime - Analysis of the latest market sentiment regarding XRP without lawsuits, highlighting the potential for increased investor confidence, market stability and XRP price projections through 2024.

Learn the impact of XRP's delisting from many exchanges and Ripple's development prospects in a clearer legal environment.

XRP Market Sentiment and Confidence

Without lawsuits, investor confidence in XRP will increase, according to ChatGPT4o. Regulatory uncertainty usually reduces investor enthusiasm, and in this case, investor enthusiasm will be lost.

General perception of XRP will improve, which may attract retail and institutional investors. XRP's increased legitimacy and stability will result in a stronger market presence.

Many Exchanges Delist XRP

Many exchanges delisted XRP following the announcement of the lawsuit. Without lawsuits, XRP will remain listed on more exchanges, making it more accessible to a wider audience and increasing liquidity.

For years, major exchanges like Uphold have supported XRP, but new support emerged after the July 2023 ruling, which determined that XRP is not a security and provided legal clarity.

Also Read: Ripple (XRP) Price Prediction If Bitcoin Reaches $1 Million

Ripple Efforts Hampered Due to Lawsuit

Ripple has also collaborated with banks and payment providers. Some of these efforts have been hampered by lawsuits. Without it, the Ripple partnership might expand more quickly, increasing the utility and price of XRP.

XRP Price Prediction If Ripple Is Not Sued By SEC

Remembering that XRP reached $1.96 last April 2021. Despite the lawsuit, ChatGPT4o said that without a lawsuit, XRP could surpass its predicted high of $3.84 and possibly reach the $4-$5 range.

ChatGPT4o claims that by mid-2024, XRP will be trading at a much higher price than its current price. It may be between $2 and $3, or even higher, depending on broader market conditions and continued adoption.

Conclusion

In the absence of lawsuits, XRP can restore investor confidence and strengthen its credibility. Having a presence on more than one exchange can increase liquidity and accessibility.

The price of XRP without legal constraints is projected to reach the $4-$5 range, and is expected to increase further by mid-2024, with the price possibly reaching between $2 and $3 or higher, depending on the market situation and adoption.

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