Finance

XRP’s $20 Dream: Can This Trader’s Bold Prediction Defy Resistance?

XRP trader sees $20, despite $4 resistance. Lawsuit against Strategy dismissed, impacting the market.

August 31, 2025, 9:52 AM

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Executive Summary

A prominent trader reiterated a bullish outlook for XRP, predicting a potential “cycle target” of $20 despite recent price resistance around the $4 level.

Lead plaintiffs and an investor have dismissed their lawsuit against Strategy, marking a significant development for the entity known for its substantial Bitcoin investments.

These developments, including XRP price speculation and the Strategy lawsuit dismissal, were covered in the latest Hodler’s Digest for August 24-30.

The Story So Far

XRP’s market value is highly sensitive to both investor sentiment and the legal developments surrounding its issuer, Ripple Labs, making price predictions and legal outcomes critical factors, while the dismissal of a lawsuit against Strategy, a prominent institutional investor in Bitcoin, signals a significant legal resolution within the broader cryptocurrency market.

Why This Matters

The reiterated bullish outlook for XRP, predicting a $20 “cycle target,” could significantly fuel investor speculation and attract new capital, potentially influencing its market trajectory despite current resistance. Concurrently, the dismissal of a lawsuit against Strategy, a prominent institutional investor in Bitcoin, removes a legal overhang for a major player and may signal a reduction in legal uncertainty for similar entities, potentially fostering greater institutional confidence and participation in the broader cryptocurrency market.

Who Thinks What?

A prominent trader maintains a bullish outlook for XRP, predicting a “cycle target” of $20 despite recent price resistance near the $4 level.

Lead plaintiffs and an investor have dismissed their lawsuit against Strategy, concluding a legal challenge against the entity.

A prominent trader has reiterated a bullish outlook for XRP, predicting a potential “cycle target” of $20 despite recent price resistance around the $4 level. Concurrently, lead plaintiffs and an investor have dismissed their lawsuit against Strategy, marking a significant development in the ongoing legal landscape surrounding digital assets, according to the latest Hodler’s Digest covering August 24-30.

XRP Price Outlook

The unnamed trader expressed confidence in XRP’s long-term trajectory, stating that the recent price stagnation near the $4 mark does not diminish their optimistic forecast. This prediction suggests a substantial increase from current levels, fueling discussions among investors and market watchers.

XRP, the native cryptocurrency of the Ripple network, has been a focal point of market interest, often experiencing volatility driven by both market sentiment and legal developments concerning its issuer, Ripple Labs.

Strategy Lawsuit Dismissal

In a separate but equally significant development, lead plaintiffs and an investor have officially dismissed their lawsuit against Strategy. While the specific details of the dismissal were not provided, this action concludes a legal challenge against the entity, which is widely recognized for its substantial investments in Bitcoin.

The dismissal of such lawsuits can have varying implications for the involved parties and the broader cryptocurrency market, often signaling a resolution or a shift in legal strategy for the plaintiffs.

Key Takeaways

The past week saw a mix of market speculation and legal resolutions within the cryptocurrency space. A notable price prediction for XRP highlights persistent bullish sentiment among some traders, while the dismissal of a lawsuit against Strategy marks a key legal development for a major institutional player in the Bitcoin market.