Recently, the settlement process between Ripple and the U.S. Securities and Exchange Commission (SEC) has attracted significant attention. If a settlement is reached, it will greatly boost market confidence. At the same time, Ripple’s investments in research in the Asia-Pacific region and the launch of the stablecoin RLUSD are continuously strengthening its ecological strength.
If the above factors ferment simultaneously, long positions are expected to achieve the 3.00 USD target in the medium term.