A respected voice in the XRP community has cautioned that the expected price rally after Ripple's legal dispute with the SEC concludes has likely already occurred.
The market commentator, 'All Things XRP', believes that Ripple's strategic direction, partnerships, utility, and business developments will have a more significant impact on XRP's price than the outcome of the case.
XRP's recent price stagnation suggests that investors should focus on Ripple's post-case trajectory instead of banking on the court ruling for a significant price increase.
Currently, XRP is priced at $2.13, witnessing a 4.22% dip in the past 24 hours. The token's technical indicators and derivatives trading behavior reflect a cautious market.