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<p class="is-style-lead">XRP, the cryptocurrency associated with <a href="https://crypto.news/ripple-payments-expands-its-business-to-70-markets/">Ripple</a>, has been witnessing an upward price surge and market sentiment. </p> 
<p class="is-style-default">So far this month, <a href="https://crypto.news/price/xrp/" data-type="link" data-id="https://crypto.news/price/xrp/">XRP</a> has risen by over 37%. Analysts are now predicting further increases for the asset in the near term, buoyed by positive developments, including its legal victory against the U.S. Securities and Exchange Commission (<a href="https://crypto.news/u-s-sec-reviewing-blackrock-bitcoin-etf-application-polkadot-cosmos-and-new-coin-may-soar-on-approval/">SEC</a>).</p> 
<h2 class="wp-block-heading" id="xrp-price-analysis">XRP price analysis</h2> 
<p>Analysts are observing a positive trajectory for XRP, aligning with the broader crypto market trends. The token is aiming to breach the $1 mark in its pursuit of a new all-time high.&nbsp;</p> 
<p>According to <a href="https://www.tradingview.com/chart/XRPUSD/40oEoVU4-RIPPLE-WILL-GO-UP-LONG/" target="_blank" rel="noopener">ProSignalsFx</a>, a crypto analyst on TradingView, XRP is currently trading in an uptrend along a rising support line, setting the stage for a potential further upward move. This anticipation rests on the token’s ability to retest the support line, crucial for sustaining the bullish trend.</p> 
<p>Ripple’s XRP Ledger is on the brink of a significant upgrade, backed by an overwhelming 80% consensus among validators. This <a href="https://xrpscan.com/amendment/fixReducedOffersV1" target="_blank" rel="noopener">update</a> aims to address obscured order books and enhance the overall functionality of XRPL. Users with the older Ripple software, like v1.11.0, have been directed to update their system.&nbsp;</p> 
<p> You might also like: <a href="https://crypto.news/significant-whale-stir-up-xrp-and-bitcoin-market/"> Significant whale movements stir up XRP and Bitcoin market </a> </p> 
<h2 class="wp-block-heading" id="supreme-court-showdown-looms">Supreme Court showdown looms</h2> 
<p>Ripple CEO Brad Garlinghouse, recently <a href="https://crypto.news/ripple-ceo-gets-ready-for-xrp-fight-in-supreme-court/">announced</a> Ripple’s intent to escalate its case against the SEC to the Supreme Court. Garlinghouse revealed that his firm had been offered an out-of-court settlement, which was subsequently withdrawn, a move he perceives as biased. This withdrawal signifies Ripple’s perceived upper hand in the ongoing legal dispute over XRP’s classification as a security.</p> 
<p>Garlinghouse’s stance reflects a belief that Ripple has a strong position, asserting that the SEC should contribute to the resolution rather than antagonize the process.</p> 
<p> You might also like: <a href="https://crypto.news/ripple-ceo-gets-ready-for-xrp-fight-in-supreme-court/"> Ripple CEO gets ready for XRP fight in Supreme Court </a> </p> 
<h2 class="wp-block-heading" id="xrp-price-analysis">XRP price analysis</h2> 
<p>Presently, XRP is valued at $0.654, representing an over 35% price surge in the last 30 days, per data from CoinGecko.</p> 
<figure class="wp-block-image size-full">
 <img decoding="async" loading="lazy" width="1200" height="1200" src="https://crypto.news/app/uploads/2023/11/chart.jpeg" alt="XRP price to maintain bullish momentum, analyst predicts - 29" class="wp-image-14214948">
 <figcaption class="wp-element-caption">
  XRP price | Source: CoinGecko
 </figcaption>
</figure> 
<p>The cryptocurrency holds a market cap of over $35 billion with a circulating supply of 53 billion XRP. Notably, XRP’s future prospects are interlinked with the wider movements within the crypto market.</p> 
<p>XRP is experiencing positive growth, aligning with the general market trend. However, uncertainties persist, primarily surrounding the outcome of the legal battle with the SEC.&nbsp;</p> 
<p> Read more: <a href="https://crypto.news/xrp-trends-on-social-media-and-overtakes-bnb-as-indicator-lights-green/"> XRP trends on social media and overtakes BNB as indicator lights green </a> </p>

XRP price to maintain bullish momentum, analyst predicts

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