XRP has been on a bull ride since the U.S. election, with its price soaring close to $3 earlier this month. Currently, XRP is trading at $2.51, having risen 4.52% following the news of Ripple’s RLUSD stablecoin launch. Analysts believe that XRP has the potential to reach $3.55 if the SEC ends its appeal and clears XRP from regulatory issues. This price target is based on the idea that once XRP’s legal challenges are resolved, the token could experience a significant rally.