(XRP) is one of the oldest coins in the crypto space with the most insane rumors going around according to the crypto analyst, Michaël van de Poppe. He believes that XRP will have a similar big run to 2017 and is expected to continue growing.

He also stated that XRP is not a traditional payment system. Instead, it plans to build its own smart contract and create NFTs. He stated that the Ripple SEC suit is ongoing and he was very interested to see the result.

He said that he expected the lawsuit would be over in no time. If it did, the market could restart to boom. However, it is possible that the lawsuit will continue.

Michaël explains that the SEC lawsuit against Ripple was a result of price manipulation on the side of Ripple and insider trading. He says that XRP was a major contributor to many millionaires in the past, with a strong run from 2013 through 2015 and another explosion between 2014-2015. However, it has not done too much other than fighting social media criticism and negativity.

As per Ripple’s price action, Michaël says that the XRP market has been correcting for the past 4 years and it is facing a potential breakout once again. According to Michael, an acceptable target of XRP price to increase in the market if a bullcircle occurs will drive the price to $2.87 or $4.33.

Despite the bearish XRP position over the last few days, traders still believe that a bull is imminent. The XRP price is currently at 6.83%, 0.8317 and 0.8317 respectively as of the press release.

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