Top Crypto Launchpad XYZ Set to Outshine XRP: Experts Predict Massive Price Surge

Updated: 08 June 2023

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Although the SEC lawsuit that began in 2020 has caused a decline in the price of XRP, many are wondering what the future holds for this cryptocurrency.

XRP Price Rises on Predictions of Case Conclusion

Ripple (XRP) is not done yet, as Ripple’s CEO, Brad Garlinghouse, and other stakeholders predict that the case will end in the next few months.

$XRP surged in March twice, following positive news of the legal battle between @Ripple and the SEC.

The ongoing case began in 2020 when the SEC charged Ripple with conducting an unregistered security offering for the $XRP token. pic.twitter.com/5KzvaLJnzg

— Messari (@MessariCrypto) June 1, 2023

According to attorney John Deaton, the case will conclude before September 30 because of a “six-month list” that judges must file. The list, published in March and September, highlights summary judgments pending for more than six months and is seen as a public embarrassment for the judges.

Deaton also pointed out that the judge in this case has never been on this list, suggesting she is doing a good job. Deaton predicted that the price of XRP could surge between $2 and $10 after the case was resolved.

The price of XRP shot up based on this prediction, increasing by 3% in 24 hours to reach $0.529440 at press time. This rise has outperformed several other altcoins that have fallen due to the SEC’s legal actions against Coinbase and Binance. Over the last week, XRP has seen a 3.5% increase, and in the last 30 days, it has risen by 20%. Since the beginning of the year, the altcoin has experienced a significant rise of 55%.

XRP Daily Chart Indicator Analysis

XRP/USD Chart Analysis. 6/8/2023 — XRP/USD Chart Analysis. Source: Tradingview.com

The indicators for XRP price show an upward trend, which is not surprising considering the recent market volatility. The price is trading above the 50-day and 200-day moving averages. However, the price is still struggling to surpass the recent resistance, indicating that the price is yet to surge. Additionally, there has been a positive increase in the coin’s relative strength index (RSI) from 49 yesterday to nearly 63, indicating upward momentum too.

Additionally, XRP’s 50-day moving average has begun pointing upwards again after flattening out slightly, suggesting that the recent actions by the SEC haven’t had a significant impact on the altcoin. Nevertheless, the situation is still unstable, and there is a possibility that XRP could decline again in the short term despite these relatively promising indicators.

Launchpad XYZ Alternative for XRP

While Ripple has recently achieved some small victories, these do not guarantee a favorable outcome in its case against the SEC. As a result, traders may consider diversifying their portfolios by investing in other altcoins like Launchpad XYZ.

Dont wait for the #SEC to save your portfolio ( or not ) , join us at #Launchpad and learn to generate yield consistently from #Web3 . https://t.co/YcmutA6031 pic.twitter.com/Kb6IUVIwBv

— Launchpad.xyz (@launchpadlpx) June 7, 2023

Launchpad XYZ, an upcoming web3 platform, is making the naturally “fractured and grim” web3 sector more approachable for users. The aim is to provide user-friendly interfaces, simplify the overall user experience, and pave the way in the crypto sector. At press time, the platform had achieved a significant milestone by raising over $928,000 in its presale fundraising campaign for its native token, $LPX.

This achievement has sparked curiosity among professionals and crypto enthusiasts. Initially, the token’s price was $0.035 and has since risen to $0.0445. This has prompted experts to advise investors to acquire their tokens quickly, as they predict a massive price surge. The next price increase to $0.046 will occur once the presale reaches $1.55 million. To buy $LPX tokens, follow the guide provided.

Traders and investors will need the $LPX token to maximize their experience on Launchpad XYZ. Holding $LPX allows users to enjoy discounted subscriptions to the platform, guaranteed allocations of new crypto presales, savings on trading fees, and partner discounts offered by Launchpad XYZ.

Once $LPX goes public, it is expected to be in high demand. However, early investors can acquire it at a discounted price during the Launchpad XYZ presale. At the time of writing, $LPX is trading at $0.0445, a 22% discount compared to the scheduled listing price of $0.0565. Launchpad XYZ is a promising cryptocurrency that experts believe will experience significant growth.