XRP (XRP-USD) price predictions are worth checking out on Friday as its lawsuit with the U.S. Securities and Exchange Commission (SEC) progresses.
A win for XRP today is a judge forcing the SEC deliver documents from former Finance Division Director William Hinman. These documents have to do with a 2018 speech in which Hinman says that Ethereum (ETH-USD) is not a security.
This is a big piece of evidence that the parent company of XRP Ripple wants to use to his advantage in this case. Especially considering that the SEC lawsuit claims that Ripple violated securities laws with its sale of XRP.
The battle between Ripple and the SEC is coming to an end. Both groups have sought summary judgment, which is a sign that the case is almost over. This has some traders wondering what the future holds for XRP once the trial ends. Let’s get into that below!
XRP Price Predictions
- Starting our XPR coverage today is Government capital with its one-year price prediction of $1.1651985970569.
- Next on our list is PortfolioInvestor as he expects XRP to trade at $0.642 in a year.
- We close today is DigitalCoinPrice with its average estimate of $1.08 for the token in 2023.
All of these price predictions for XRP are positive against its trading price of $0.4772 at the time of writing. Investors will also note that the crypto is up 9.4% over the previous 24-hour period as of Friday afternoon.
Investors looking for more information on the latest cryptos are in luck!
InvestorPlace has them covered with the biggest crypto stories for Friday! Some examples include Coinbase (NASDAQ:PIECE OF MONEY), Classic Earth (LUNC-USD), and USD coin (USDC-USD) are in the news today. You can read all this news at the following links!
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As of the date of publication, William White had no position (directly or indirectly) in the securities mentioned in this article. The opinions expressed in this article are those of the author, subject to InvestorPlace.com Publication guidelines.
Article printed by InvestorPlace Media, https://investorplace.com/2022/09/xrp-price-predictions-where-will-the-xrp-crypto-go-as-sec-lawsuit-winds-down/.
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