XRP is one of the most robust cryptocurrency coins that have been ruling the space lately. Despite its heated war with the US SEC, the token is yet to lose its spark and is constantly working on bolstering its momentum. With Ripple stablecoin and its massive spree of collaborations into the play, XRP is bound to achieve stellar price feats.
Also Read: Currency: US Dollar On Track To Lose 99% Of Its Value- Michael Saylor
Ripple XRP: What’s Happening On Price Level
According to CoinMarketCap, XRP is currently trading at $0.45 price mark. The token is yet to see the bullish spark of the market. XRP is down 4% in the last year and is yet to strike meaningful price ascents to tempt new users into the space. The token has been subjected to heavy scrutiny, spurred by its ongoing legal spat with the US SEC.
Despite its sluggish price pace, XRP continues to hover at a seemingly stable range of $0.40-$0.48. With Ripple working on expanding its global reach through compelling new collaborations, the price of XRP may soon recover and trade a range higher than predicted price timelines.
At the same time, Ripple is also busy launching its stablecoin. Apart from the regular seasonal developments, rumors of XRP ETF being launched are also adding a speculatory wave for XRP. Such crucial dynamics can help XRP recover its lost valuations very soon.
Additionally, the token’s war with the US SEC is also meant to play a pivotal role in defining XRP’s future price path, which according to its CEO Brad Garlinghouse, is very bright and prosperous.
“It’s critical that the US must catch up with other leading economies and develop sensible (and CLEAR) rules for crypto. Ripple’s latest $25M contribution to Fairshake is an investment in the inevitable march of progress. And adoption of Crypto and blockchain technologies – the future of finance. And a message to backward-looking politicians that their failed policies will not be tolerated.”
AI Predicts Price For Ripple XRP: July 15
Despite the rocky road ahead, XRP continues to hinge on multiple hopes for the token to recover its lost glory back very soon. With the mid of July approaching hard and fast, the price of XRP is also rebounding and stabilizing bit by bit.
Also Read: Shiba Inu Price Post Ethereum ETF Approval: Is SHIB Hitting $0.0016?
According to CoinCodex, XRP may claim its $0.60 price mark by July 15, crossing over the critical price juncture to ascend to new highs.
Changelly echoes a similar price sentiment for XRP. The platform claims that Ripple may soon sit at the $0.59 price mark, climbing 32% in the process.