XRP nears $5.85 as the crypto community eyes new mid-term targets. SEC challenges Ripple’s ruling, calling XRP sales unregistered securities. Legal experts critique the SEC’s case, boosting optimism for Ripple’s defense. XRP’s price is on the move, with a short-term target of $5.85. Crypto enthusiasts are excited about its recent performance with the token continuing to defy expectations and prove early predictions right. I have identified a new short-term target. You will not believe how precise and beautiful the price is. I wish everyone could see it. When we addressed $0.6640, $1.8815, $2.80 and $5.8563 as short, mid-term targets a year ago, many told XRP will not even break 50 Cents. We… pic.twitter.com/q2Yb7gZ2HB — Dark Defender (@DefendDark) January 15, 2025 Analysts had initially predicted XRP would reach $0.66, then $2.80; and now, $5.85 has become a realistic short-term target. This bullish sentiment got a boost from U.S. Congressman Guy Reschenthaler’s recent XRP purchase. XRP Gets Congressional Boost According to public disclosures, Reschenthaler bought up to $15,000 worth of XRP , signaling confidence in the token. This renewed inter… The post XRP Rallies Toward $5.85 Short-Term Target: Why SEC’s Appeal Isn’t Stopping It appeared first on Coin Edition .