XRP Price Could Hit $3 in 2023 After Its Lawsuit is Over But This Low Cap Gem Could See Even Bigger Gains – Here’s Why

cryptonews.com:

The crypto market is largely unregulated given the lack of a centralized entity behind it. However, regulatory agencies are currently looking to clamp down on supposed excesses of the nascent industry. The most popular legal case is Ripple Labs and the US Securities and Exchange Commission (SEC).

Started in December 2020, there is growing confidence that the Ripple blockchain will be able to prove that it is not a security. So far, the cross-border payment network is holding its grounds and investors are waiting for a judgment on the 24-month-old case.

In the event that Ripple wins its case against the SEC, market experts believe that the XRP token could surge to $3 in the coming months. While this might be promising, investors are also keeping a close watch on another promising crypto project called yPredict.

Powered by AI, it allows crypto users to easily predict the movement of crypto prices using powerful algorithms. Could it be the next crypto gem? All signs are affirmative.

At press time, the XRP token is trading at $0.479, reflecting a 0.26% increase in the past day. Given this recent upsurge, the XRP asset has a fully diluted market cap above $48 billion. The asset's 24-hour trading volume stands at over $444 million with a downtrend of 38.42% over the past 24 hours.

However, this is not where the promising signs end. XRP has posted a 1.67% weekly gain but suffered a net loss of 9.78% in the last 30 days. However, it picked up the bullish streak in its 90 days chart with its token price up 16.06% and its year-to-date (YTD) figure standing at 41.61%. This shows that the asset is currently bullish in the longer term.

Meanwhile, XRP’s current price slightly overshadows all its moving average (MA) indicators, ranging from