Analysts are forecasting a potential rally for XRP, eyeing a price target of $2. This optimistic outlook is linked to ongoing challenges faced by the U.S. Securities and Exchange Commission (SEC) as it prepares for an appeal.
The legal difficulties facing the SEC could serve as a catalyst for XRP's price increase, sparking investor interest in the cryptocurrency.
The unfolding situation raises questions about how further legal complications may impact XRP's value and market position.
