ripple (CCC:XRP-USDIt’s heating up this morning after the last eventful 24 hours. CEO Brad Garlinghouse is expressing his complaints against US regulators, and investors are optimistic about the ongoing lawsuit filed by the US Securities and Exchange Commission. With all this in mind, XRP is rising again today. Ripple (XRP) price predictions are getting investor interest once again.
2021 was a busy year for Ripple. As the company battles the SEC in court over the legality of its offering, XRP has found stability on offshore exchanges. Now, investors are hoping that Ripple is on its way to settling the lawsuit.
With that settlement looming, there is speculation about an initial public offering (IPO) coming in. Investor Writer William White reported yesterday that Yoshitaka Kitao, CEO of SBI Group, said that Ripple will go public after the settlement. After sitting on Ripple’s latest earnings call, Kitao said he knows that Garlinghouse and Ripple CEO Chris Larsen both want to bring the company to the public.
Garlinghouse keeps investor interest high today after appearing in CNBC. Garlinghouse expresses frustration at the “lack of clarity” in US regulations. Citing the SEC’s lawsuit against his company, Garlinghouse says the US has failed to provide clear guidance on cryptocurrencies. He also commends Singapore and South Korea for their government-led efforts to create regulatory frameworks for cryptocurrency.
Mount Ripple Price Forecast (XRP)
With all these discoveries reaching investors throughout the week, it makes sense that there will be a surprisingly increased interest in XRP price predictions. Let’s take a look at what the analysts have to say about the future of XRP:
- InvestingCube anticipates a price hike soon for XRP. This rise is dependent on the currency’s continued rise to the $1.62 level.
- Coinpedia believes that XRP may reach $2 by the end of the year. She also believes that with a particularly bullish rupture, the price could go up to $5.
- The economic forecast agency is not as bullish as some in XRP. The site predicts a price of $1.54 for it in December, than it will be today.
- Along the same lines, Investor Writer Will Ashworth is more bearish on XRP. An upcoming currency correction is expected.
At the date of publication, Brenden Rearick did not (directly or indirectly) hold any positions in the securities mentioned in this article.
Print article from InvestorPlace Media, https://investorplace.com/2021/04/ripple-xrp-price-predities-where-does-xrp-go-after-ripple-ipo-comments/.
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