Fund manager: XRP could rise to $10 if Ripple wins the case!

The Hinman documents, released on Tuesday, were considered a very important gain in favor of Ripple in the ongoing lawsuit between Ripple and the US Securities and Exchange Commission (SEC).
The documents released shortly before the conclusion of the case raised hopes that Ripple could win the case even if it did not reach a settlement with the SEC. As a matter of fact, the disclosure of the documents brought with it a surge in XRP price, which climbed above $0.56 at the beginning of the week.
The conclusion of the case is eagerly awaited by XRP investors, as it will significantly affect the market trend of the cryptocurrency. Some analysts are already making predictions about what the XRP price will be if Ripple wins the case.
Price prediction of at least $10 for XRP
The speculative movements surrounding XRP are mainly driven by three factors:
Content of Hinman documents in internal messages and e-mails between SEC executives,
Comments from former SEC Director William Hinman on Ethereum during his 2018 speech,
Regulatory position taken by the SEC regarding the classification of XRP as an investment contract.
According to Thomas Kralow, a hedge fund manager specializing in cryptocurrencies at Kralow Capital, the factors mentioned above have the potential to encourage additional speculation. This, too, is likely to push the value of XRP upwards in the next three to four months, Kralow said.
Kralow presented his perspective on the observed growing interest among participants in the cryptocurrency market. According to data from Trends, searches for XRP have doubled in the past month. Kralow also pointed to an increase in the curiosity of global traders, and set a price target of at least $10 to $30 for XRP if Ripple wins the case.
A decision in the case is expected before September 30 this year.
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