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Despite the overall selling pressure in the cryptocurrency market, XRP price remains above the $3 level today. The anticipation surrounding the potential conclusion of the lawsuit between Ripple 
$2 and the SEC has fueled speculation about a possible price rally for XRP. Additionally, a prominent market expert predicts that XRP could reach as high as $15, driven by positive market trends.
Will the Ripple vs SEC Lawsuit End This Week?
Speculation regarding the potential dismissal or settlement of the Ripple and SEC lawsuit has intensified recently. Notably, the SEC is preparing for its first closed meeting under new acting chair Mark Uyeda, leading the XRP community to expect significant outcomes.
Former SEC attorney Marc Fagel has recently dismissed such claims.
Nonetheless, market enthusiasts believe that positive news lies ahead, which could significantly boost XRP prices.
Can XRP Reach $15?
During the day, XRP’s price fell by about 2%, trading at $3.11. Trading volume decreased by 3% to $8.3 billion, while XRP futures open interest increased by 1.3% to $6.9 billion. This situation reflects strong confidence among traders in XRP.
Top market expert Ali Martinez links his prediction of XRP reaching $15 to developments regarding XRP ETFs.
Martinez highlighted that the decision of CME Group to launch Solana 
$156 and XRP ETFs in the U.S., along with forecasts from Bloomberg analysts, has boosted optimism in the market.
Market Implications and Opportunities
Sean McBride stated that the ongoing Ripple vs SEC lawsuit could be dismissed or resolved this week. He argues that a settlement could favor Ripple due to its confidentiality advantages.
“Ripple, Garlinghouse, and Larsen hold all compensation rights,” McBride noted, emphasizing Ripple’s strong position against the SEC.
In light of these developments, significant opportunities may arise for XRP investors.
Recent legal uncertainties and market fluctuations have led to various scenarios regarding XRP’s future. Investors believe that the outcome of the lawsuit could play a crucial role in determining XRP’s price.
CME Group’s ETF launches and positive predictions from market experts support XRP’s potential for value appreciation. However, the legal proceedings’ outcome must also be considered alongside the overall health of the cryptocurrency market.
Keeping track of current market trends and legal developments will play a vital role for XRP investors in making strategic decisions.
