{"id":405961,"date":"2023-06-08T15:12:15","date_gmt":"2023-06-08T15:12:15","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=405961"},"modified":"2023-06-08T15:12:15","modified_gmt":"2023-06-08T15:12:15","slug":"top-crypto-launchpad-xyz-set-to-outshine-xrp-experts-predict-massive-price-surge","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/top-crypto-launchpad-xyz-set-to-outshine-xrp-experts-predict-massive-price-surge","title":{"rendered":"Top Crypto Launchpad XYZ Set to Outshine XRP: Experts Predict Massive Price Surge\u00a0"},"content":{"rendered":"

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.<\/span><\/p>\n

XRP Price Rises on Predictions of Case Conclusion<\/span><\/h2>\n

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.<\/span><\/p>\n

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$XRP<\/a> surged in March twice, following positive news of the legal battle between @Ripple<\/a> and the SEC.<\/p>\n

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

— Messari (@MessariCrypto) June 1, 2023<\/a><\/p><\/blockquote>\n

According to attorney John Deaton, the case will conclude before September 30 because of a “six-month list” that <\/span>judges must file<\/span><\/a>. 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.<\/span><\/p>\n

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.<\/span><\/p>\n

The price of XRP shot up based on this prediction, increasing by 3% in 24 hours to reach <\/span>$0.529440<\/span><\/a> 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%.<\/span><\/p>\n

XRP Daily Chart Indicator Analysis<\/span><\/h2>\n
\"XRP\/USD
XRP\/USD Chart Analysis. Source: Tradingview.com<\/figcaption><\/figure>\n

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.<\/span><\/p>\n

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.<\/span><\/p>\n

Launchpad XYZ Alternative for XRP<\/span><\/h2>\n

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 <\/span>Launchpad XYZ<\/span><\/a>.<\/span><\/p>\n

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

— Launchpad.xyz (@launchpadlpx) June 7, 2023<\/a><\/p><\/blockquote>\n

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 <\/span>its presale fundraising<\/span><\/a> campaign for its native token, $LPX. <\/span><\/p>\n

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<\/span> buy $LPX tokens<\/span><\/a>, follow the guide provided.<\/span><\/p>\n

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.<\/span><\/p>\n

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. <\/span><\/p>\n

Related<\/span><\/h2>\n