XRP Price Prediction: As Ripple’s Closed-Ended SEC Meeting Nears, Experts Say This Casino ICO Could Surge 100x

XRP price has increased slightly in the past 24 hours. To trade at $0.60 As of 04:02 AM ET, trading volume was up 22% to $2 billion.

This comes as the US Securities and Exchange Commission has rescheduled a closed-door meeting with Ripple that was scheduled for July 23-25. The meeting has raised hopes of a possible settlement in the long-running legal battle between the two entities.

Ripple CEO Brad Garlinghouse told Bloomberg in a recent interview that the SEC lawsuit will end “very soon.”

In anticipation of the settlement, XRP price has risen 11% in the past two weeks, rising from the $0.4412 support area to $0.62, according to data from Gecko Terminal.

XRP price will rise above the ascending triangle

XRP price is fluctuating in the $0.62 range, forming an ascending triangle pattern, as bulls seek to push the token higher.

XRP is trading well above the 50-day and 200-day simple moving averages (SMAs) on the 4-hour chart, confirming the continuation of the bullish trend in the coming days.

Furthermore, the Relative Strength Index (RSI) is trading down from the overbought zone while heading down, indicating that sellers are in control of the price.

If the selling continues, the XRP price could return to $0.496, which coincides with the 200-day simple moving average.

However, if bulls take advantage of the ascending triangle to push the token higher, the price could rally to the next target at $0.71.

The 50-day SMA is crossing over the 200-day SMA, forming a golden cross at $0.47. The golden cross could encourage XRP price bulls to buy more, pushing the price to the target.

Meanwhile, as investors push the price of XRP higher, they are also pumping money into a new pre-sale called Big Dice Before becoming the first GameFi project to launch on the Solana blockchain.

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Mega Dice is a well-established crypto casino platform with over 11,000 active users who wager over $50 million per month. The project has already been a successThe amount of money raised exceeded $1.6 million.

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Users enjoy over 4,000 casino games and over 50 sports and esports betting options.

According to 99Bitcoins, a prominent crypto YouTube channel, $DICE has the potential to surge 100x after its launch.

Token holders can also participate in the casino’s daily profits through its unique betting system.

To join the pre-sale, You can buy $DICE on the official website here For $0.100254 per token using BNB, ETH or SOL. You can also earn 10% on any purchases made by investors you refer.

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