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FXStreet experts said the Ripple XRP price could surpass the previous high in 2022.
FXStreet experts said that with the growing bullish momentum in the cryptocurrency industry, the XRP price could surpass the previous all-time high in 2022. However, everything will depend on the outcome of the SEC’s lawsuit against Ripple.
A top entry could serve as a tailwind for bullish arguments and push XRP past a record high of $ 3.31 towards double-digit territory. Ripple has every reason to achieve its growth potential as it is making significant strides in the Eastern Hemisphere and gaining a foothold in European and Middle Eastern countries.
However, if Ripple loses the lawsuit, in a pinch, it will lose its position in the US. This news could temporarily lower the price of XRP before the market realizes its strong fundamentals.
Earlier, the founder of Global Macro Investor and Exponential Age Asset Management, Raul Pal, said that the SEC’s lawsuit against Ripple made XRP very attractive for investment.
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