In a Monday community post, SanR_King, a top contributor on Santiment Insights, investigated the potential upside and downside for XRP in the short-term, mid-term, and long-term perspectives. The crypto pundit also highlighted the various factors capable of influencing the price of XRP. Future developments in the ongoing Ripple-SEC lawsuit are regarded as a factor that could affect XRP’s price either positively or negatively.
Based on Sanr’s analysis using metrics from Sanbase and a few technical analysis indicators like the Weighted Sentiment metric and MVRV Ratio, Santiment suggested a bullish possibility for XRP. The analytic platform said, “the XRP network has some intriguing network divergences pointing to strong bullish cases.”
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