XRP Ripple was one of the hottest crypt on the market thanks to impressive price results, especially after the re -election of US President Donald Trump.
Trade below USD 1 for most 2024, XRP He appears a few days after the November election, breaking the level of USD 1 on November 6, and the barrier 2 USD to December 2, and then exceeded USD 3.30 on January 18.
Now Ripple has returned to the transfer of 200 million XRP with a value of about $ 457 million. This massive transfer, often associated with “Whale transactions” He drew the attention of many and led many speculation.
Is the SEC-RIPPLE case approaching the settlement?
The latest XRP transfer has noticed Whale alert (@Whale_Aler) and was immediately re -binding on a popular platform. Interestingly, Ripple regularly transfers XRP, including the planned edition of 1 billion XRP per month from its escrow to maintain the token circulation.
Although most ripple transactions are routine, the latter transaction has gained some attention to its size and time.
– whale alert (@whale_aler) March 13, 2025
The market is waiting for the decision about SEC vs. Ripple
The latest huge transfer of RIPPLE assets appears when The SEC case against ripple is approaching the settlement. According to some reliable sources, the delay in resolving the case is caused by ripple efforts to negotiate a favorable settlement.
One of the controversial issues in the case is the decision of the District Court in August, which punished a fine of $ 125 million and restricted the company before selling a native token to the institutional buyer.
Road map XRP
When Ripple continues negotiations with SEC, investors and traders actively observe the results of the token market. According to some analysts, the token has already completed price correction using a four -hour time frame.
There are many XRP price forecasts, and some commentators say that it can initially reach USD 2.42 before starting. When the price of XRP emerges with “Ichimoku clouds”He is expected to reach higher ups.
Currently, the support of the token is USD 2.04 and USD 2.22, and many expect XRP that will have brief -term variability. However, the biggest push of the token will result from the favorable resolution of his Sec case, and if so, analysts expect the price to reach USD 4.25 and even $ 5.80.
A distinguished image from Newsbit, Chart from TradingView
