Ripple (XRP) Will Be Among the Best Performing Coins of 2022, Predicts Financial Expert

Vinod Dsouza
Ripple XRP

Ripple (XRP) is a sleeping giant and could be the most sought-after crypto in 2022. The coin is mostly trading sideways since close to six months now and could take off and reach new heights soon.

XRP is currently embroiled in a legal feud with the U.S. Securities and Exchange Commission (SEC). Latest reports are out that Ripple is seeing good progress in the SEC case and could win the legal battle. However, the verdict of the case is expected to come out sometime in 2022.

The CEO of XRP, Brad Garlinghouse is hopeful that the case will turn in their favor. ”We’re seeing pretty good progress despite a slow-moving judicial process. Clearly, we’re seeing good questions asked by the judge. And I think the judge realizes this is not just about Ripple, this will have broader implications,” he said in an interview with CNBC’s Dan Murphy.

The legal battle with SEC has stunted XRP’s growth and a verdict favoring the coin could unleash a new wave of investments. After the legal battle comes to a closure, the coin is poised to see better days. Several investors believe that Ripple is available at a discount currently and could be in a better position in 2022.

Ripple had touched an all-time high of $3.40 on January 7, 2018, and is down -69.6% from its ATH. The coin was hovering between $1 to $2 for months and slumped today to less than a dollar. Once the legal suit is settled with the SEC, XRP is expected to see glory days in the market.

Ripple XRP Will Be Among the Best Coins in 2022, Predicts Expert

Crypto and stock market analyst Del Crxpto remains to be bullish on Ripple. He stated that the case has already reached an agreement behind closed doors that favors XRP.

”The XRP case has already reached an agreement behind closed doors. Now they are waiting until the case progresses to a point where SEC will have less embarrassment,” said Del on Twitter.

Del also predicted that XRP will be one of the best performing coins of 2022. ”I predict XRP will be one of the best performing coins of 2022.”

At the time of publishing, XRP was trading at $1.04 and is down -0.2% in the day’s trade. The coin has risen +70% since a year and has mostly traded sideways and remained stagnant in its price.