XRP Price Prediction as Lawsuit Conclusion Approaches – $3 Soon?
XRP price prediction remains slightly bullish, especially above the upward trend line-driven support level of $0.44. Moreover, investors' focus also stays on the SEC vs. Ripple battle as its conclusion approaches soon. Members of the XRP community can feel positive With the SEC v. Ripple litigation nearing a final verdict, the distributed ledger startup has taken a major step back from the cryptocurrency in an effort to "desecuritize" it by reducing the percentage it holds in its wallets to below half of the entire XRP supply. XRP Holdings Slips Under 50% It is the first time in history that Ripple's XRP reserves have fallen below 50% of the entire supply . Due to its massive ownership of the cross-border remittances token, XRP, Ripple has been the focus of controversy in the past. Some critics have argued that this gives Ripple full control over the XRP Ledger. Last Thursday, Ripple published its third-quarter markets report, which showed a s...