The post Insane Predictions for XRP Price by Analyst-Says May Reach Double Digit Figure Soon appeared first on Coinpedia Fintech News

The crypto markets are sluggish today as most of the tokens have maintained a narrow trend. Popular cryptos like Bitcoin, Ethereum, Cardano, XRP, etc have raised slightly but are failing to surge beyond their pivotal resistance. The main reason behind the sideway trend is speculated to be the recent Fed meeting where-in a rise of 25 bps was introduced. As the chair, Powell was largely hawkish, and the traditional markets along with the crypto space reacted moderately. 

As said, major altcoins including XRP are trading within a narrow range which illustrates the ongoing accumulation phase. Although the price is believed to break above the consolidation at the earliest, some of the proponents believe the price to rhea beyond 2 digits very soon. 

The proponent believes that the XRP price may surge and achieve price levels between $7 to $17 after the Ripple vs SEC lawsuit is settled.