XRP is currently trading at around $0.52, with analysts suggesting potential increases to $5.85, $18.22, and even up to $100, although such extreme targets are considered unlikely. The ongoing legal dispute between Ripple and the SEC significantly influences the asset's price, with Ripple's partial court victories boosting optimism for a potential surge.

Despite experiencing a brief surge above $0.70 in mid-March, XRP has not emerged as one of the top-performing cryptocurrencies this year, currently maintaining a modest increase compared to the previous month's figures.

Various analysts anticipate XRP breaking out of its current price range and reaching ambitious targets. For instance, user Dark Defender predicts a rise to $5.85 and later to $18.22, emphasizing that movements within certain ranges are considered normal.

Earlier predictions this year included a target of $20, while another analyst warned XRP investors to remain cautious as a potential price surge might be imminent.

One of the most bullish forecasts came from JackTheRippler, who projected a climb to $100. However, the most ambitious prediction from 2023 by CryptoBull suggested a skyrocket to $470, a level deemed unrealistic given the required market capitalization exceeding $200 trillion, far beyond the current industry cap of $2.5 trillion.

The ongoing lawsuit between Ripple and the SEC is widely viewed as a key driver of XRP's price movements. With the trial phase underway, Ripple's partial legal victories have fueled optimism among investors, with anticipation of a favorable ruling potentially sparking a bull run for XRP. Conversely, an adverse outcome could stall the asset's upward trajectory, similar to the impact seen in December 2020 when the SEC initially pursued legal action against Ripple.