Prediction: XRP Could See Its Price Rising Again by Oct. 18

If you're thinking about investing in XRP (CRYPTO: XRP), there's one date that you need to circle on the calendar: Oct. 18. That's when the Securities and Exchange Commission (SEC) is scheduled to start considering approval for a batch of new spot XRP exchange-traded fund (ETF) applications that have been in the pipeline for months now.If all goes according to plan, the imminent launch of new spot ETFs in October could send the price of XRP soaring. If that happens, XRP would have a legitimate chance of hitting a new all-time high above the $4 mark by the end of the year.This summer's resolution of the long-running SEC case against Ripple, the company behind the XRP token, has opened a new window of opportunity for XRP. As long as that case was in limbo, there was little likelihood of the SEC approving anything for Ripple. But in August, the two sides finally settled, bringing to a closure one of the most-watched cases in the crypto industry.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool