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Experts at fxempire.com have predicted what awaits Ripple XRP in 2022.
The fxempire.com experts noted that the markets are optimistic regarding what awaits Ripple XRP in 2022. However, much will depend on the outcome of the two trials.
A bias lawsuit against the Securities and Exchange Commission filed by Empower Oversight, a nonprofit government watchdog organization, will be key. Empower Oversight claims SEC officials were biased against Ripple and XRP. A verdict in favor of Empower Oversight will give the SEC more reason to end its claim against Ripple.
Such an outcome of claims could lead to a breakout of XRP with its ATH of $ 3.35 in January 2018. Some talk about hitting the $ 5 a year level. However, an adverse outcome will have a devastating effect on XRP and XRP holders. Despite the torn sentiment, the markets were more optimistic than at the beginning of the year.
However, in addition to the results of the two lawsuits, broader movements in the cryptocurrency market will also affect the situation. A bearish year for cryptocurrency markets could see XRP drop to $ 0.50.
Earlier, ph.news.yahoo.com experts said that Ripple XRP in 2022 could exceed $ 3.84.
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