The post XRP Price Prediction 2023: Expert Predicts Potential High & Low Levels appeared first on Coinpedia Fintech News
The ongoing lawsuit against Ripple Labs has left many wondering about the future of XRP, the cryptocurrency associated with the company. Despite the legal challenges, finance experts have begun to speculate on XRP’s potential price by the end of 2023, taking into account its unique features and partnerships.
Experts Predict XRP’s Price by December
Investment analyst Tim Doman acknowledges the impact of the lawsuit on XRP’s price, but he also notes that recent court rulings seem to favor Ripple. This has led to positive market sentiment, as XRP boasts a number of desirable qualities. As an excellent bridge between currencies, it is open-source, permissionless, and carbon-neutral. Additionally, transactions on the XRP Ledger (XRPL) settle in just 3-5 seconds, which is an impressive feat. He expects XRP to be worth “around $0.54” by year’s end.
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