The price of XRP has recently increased by 11%, and analysts predict that there may be significant growth in the future

The price of XRP has recently increased by 11%, and predictions indicate potential significant growth in the future. The ongoing legal lawsuit between Ripple and the U.S. Securities and Exchange Commission (SEC), as well as market and regulatory factors, may be crucial to the price trend of XRP in the coming months. Twitter user EGRAG CRYPTO analyzed that XRP is currently facing resistance at $0.61, with next support levels respectively at $0.75, $1, $1.5, and $1.96. It is expected to reach $1.96 by the end of 2024, after which it may surge to $27 due to Fear Of Missing Out (FOMO). Another analyst Dark Defender predicts that XRP could reach $2 mid-2024 and continue rising to a historical high of $6 before year-end . AI chatbot ChatGPT analyzes that the result of Ripple's legal lawsuit with SEC, market sentiment, appropriate cryptocurrency regulatory framework and adoption might impact on future price trends for XRP.