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On May 19, CME is set to list XRP Coin options, marking a new era for the cryptocurrency. While this development might not trigger significant short-term movements, it is expected to be a strong supportive factor in the long run due to both the possibility of ETF approval and increased institutional demand. What are the latest predictions for XRP, SOL, and CEEK Coin?
XRP Coin Price Prediction
The settlement related to the lawsuit is complete, leaving only official processes on the horizon. An ETF approval is anticipated in November, and CME’s listing will likely proceed smoothly in the coming days. Additionally, efforts to build the XRP Coin ecosystem and enhance XRPL functionality continue.
The resilience of XRP Coin’s price amid market declines is primarily due to these efforts. Now, with the general market upswing, the price has surpassed the $2.5 mark, maintaining its position. The current expectation is a new move towards $2.95, which could be triggered by announcements following the CME listing, a corporate acquisition offer worth $1.25 billion, or other positive news.
Moreover, if ETH’s price starts closing above $2,700, it could put pressure on XRP investors towards a resistance point, along with other altcoins.
However, markets are full of surprises. If unexpected developments occur or Trump suddenly makes surprising statements, a new dip between $2.48 and $2.3 could be possible.
Solana (SOL) and CEEK Coin
Unlike before, SOL Coin has not been able to reclaim its past gains against ETH, which is favorable for altcoins in general. Following a rejection at $184, the price is targeting the $168 resistance again, with possible further selling down to $147.
However, if BTC’s price consolidates above $103,000, we might see weaker downward movements and more horizontal price action in altcoins instead of steep declines.
In the long term, CEEK Coin continues to search for deeper lows, having created an upper wick at $0.01857 in the recent bullish environment. If it closes above $0.01982, it may attract some investors seeking speculative trade with high volatility.
