XRP Price Prediction: When Will Ripple SEC Settlement Trigger New Rally?

While the SEC vs Ripple case is almost over, as Judge Analisa Torres ruled that XRP sales to retail investors were legal and above board, there’s one part of the case that remains unresolved. And that could have a massive effect on XRP’s price.

Is XRP a security, or not?

The problem for Ripple is that Torres ruled that XRP sales to institutional investors were securities. This means that Ripple faces penalties, and may not be able to sell to institutions in future.

Given that the recent SEC vs. Binance case was dropped, Ripple requested an indicative ruling (early answer) on whether this part of the case might also be dropped. But all was silent, disappointing holders and causing the XRP price to crash by around 7%, from $2.30 to $2.14.

XRP Price Chart: Coingecko

Many experts have now issued bearish XRP price predictions, based on the SEC decision, and also the SEC’s delay in deciding if a Spot XRP ETF will be approved or not.

However, as the review date is set for June 17th, it may be that some of these XRP price predictions turn bullish.

XRP Price Predictions Turn Bearish

FXstreet recently posted that if Ripple failed to hold the $2.23 level, then a retracement to $1.96 is possible, on the daily charts. However, analyst FXempire’s Yashu Gola predicts an even more dire potential XRP price prediction of $1.25, due to a descending triangle pattern. They also note that many XRP holders are in the denial phase, since the average cost of XRP holders, as measured by the Long-Term Holder Net Unrealized Profit/Loss (NUPL), is at $1.06.

While this could be a good sign, showing that long-term holders don’t wish to sell, Gola points out that since XRP has dropped from around $3, traders should be selling now, recognizing the waning momentum. (The price has retreated from the ‘Euphoria and Greed’ phase.) But they aren’t cashing in on their profits, hence the ‘Belief and Denial stage’.

XRP NUPL chart: Glassnode

A quick look at XRP on Crypto Twitter shows the levels of delusion, with influencers using incorrect math to predict highs of as much as $500 for the coin.

Cryptocurrencies with a market cap in the billions do not rise by 23,000% (230x), which is what would be needed to achieve a $500 target from here. If this happened, Ripple would have a market cap that exceeds the GDP of the USA. Although the entire stock market can exceed the USA’s GDP, a single company has never done so.

An AI-Powered Strategy To Find The Next Big Coin

As XRP has made millionaires of many early traders, it’s no wonder that people are in denial and influencers on X are making wild predictions.

But for those looking for a coin with potential to do a 200x, considering the market cap and size of the project, is the way to go. And the proof lies with coins like XRP, which is up by 79,661% since it was first listed on Coingecko, as a small-cap coin with big visions.

But 13 years ago, when Ripple was born, there weren’t that many cryptos to choose from. Now with hundreds of coins launching every day, how can investors find good picks?

One way is using the power of AI. Unilabs, a new AI-based investing protocol, has developed a system that helps users to do just that. The AI scouts the market and grades it on its proprietary Early Access Scoring System (EASS) algorithm.

The AI reviews the team’s experience and track record, the viability of the tokenomics, the technological innovation levels, market perception gauged by public perception and hype, the use case potential of the protocol and token, and how engaged their community is.

Bullish projects are then passed to Unilabs Launchpad, where a human team also reviews the project, conducting a deeper verification of team member identities, smart contract audits, legal audits, and providing a human eye on the tokenomics.

This is just one of the many ways in which Unilabs is aiming to transform investing, using the power of AI.

And for that reason, and the early stage of the project, Unilabs itself, is an interesting investment opportunity. Unilabs currently has a market cap of just $9 million, and is in presale at $0.0051. This stage is approximately 80% sold out, and when this occurs, the token price will increase, as will the market capitalization.