Story Highlights – Pro-XRP lawyer predicts XRP may hit an all-time high in 2024.- Legal clarity and Ripple-SEC lawsuit resolution key for XRP’s growth.- Bitcoin’s ATH prompts consideration of XRP investment opportunities.Amid the volatile landscape of cryptocurrency, XRP has once again taken center stage as pro-XRP lawyer Bill Morgan predicts a surge in its value to all-time highs (ATH) in 2024.
Meanwhile, as the [Bitcoin price](https://coingape.com/breaking-bitcoin-btc-price-breaches-70000-ath/) has recently touched its all-time high breaching the $70,000 level, Morgan’s optimistic forecast has captured the attention of investors.
So, let’s look at the key factors that have triggered the bullish outlook of the XRP lawyer.Pro-XRP Lawyer Unveils Optimistic Outlook For XRP Pro-XRP lawyer Bill Morgan recently hinted at a bullish trajectory for XRP price, foreseeing a potential surge to ATH in 2024.Drawing from historical data and market trends, Morgan emphasized the robust returns XRP typically experiences in the second and fourth quarters of the year.
Meanwhile, in a recent X post, Morgan highlighted several key factors driving XRP’s potential growth.He stated that while the Securities and Exchange Commission’s (SEC) decision not to appeal the ruling declaring XRP not a security was significant, the market still awaits the resolution of the ongoing [Ripple Vs.SEC lawsuit](https://coingape.com/ripple-clo-weighs-in-flagged-secs-loosey-goosey-rules/).Besides, Morgan outlined four crucial factors necessary for XRP price’s full potential to be realized: legal clarity on XRP’s status, the conclusion of the lawsuit, XRP trading on US [crypto exchanges](https://coingape.com/glossary/Crypto-exchange-2/), and Ripple’s ability to continue using XRP for its solutions without restrictive injunctions.
Notably, he noted that only two of these conditions have been met so far.Recommended Articles However, the remaining factors are crucial for unlocking the asset’s full potential of the crypto, Bill Morgan said, underscoring ongoing uncertainty.
But, despite the looming uncertainty his optimism persists, with expectations of XRP price reaching all-time highs this year, indicating resilience amid legal complexities and regulatory challenges.Also Read: [Shiba Inu Lead Spotlights Key Upgrades For SHEboshi & Burn](https://coingape.com/shiba-inu-lead-spotlights-key-upgrades-sheboshi-burn/) Market Sentiment and Bitcoin’s Influence Morgan’s sentiments align with those of XRP influencer Moon Lambo, who emphasized the SEC’s stance on XRP’s status.Lambo suggested that the market remains largely indifferent to the ongoing Ripple Vs.SEC lawsuit, focusing instead on regulatory clarity and XRP’s utility.Meanwhile, against the backdrop of Bitcoin’s recent ATH, Morgan urged investors to consider buying XRP, pointing out its low value compared to [Bitcoin](https://coingape.com/glossary/bitcoin/).With Bitcoin’s resurgence and XRP’s potential, Morgan’s advice resonates with those eyeing opportunities in the [cryptocurrency](https://coingape.com/glossary/cryptocurrency/) market.In addition, he also suggests that XRP generally shows robust performance in the second and final quarter of the year, citing historical data.
Notably, as of writing, the [XRP price](https://coingape.com/price/xrp/) was up 1.44% to $0.6308, with its trading volume staying near the flatline from yesterday.Meanwhile, the crypto has touched a high of $0.6318 and a low of $0.6048 in the last 24 hours, suggesting the highly volatile condition of the crypto.Also Read: [Bitcoin (BTC) Bulls and Bears In Tight Fight, Altcoins to Lead Next Rally?](https://coingape.com/bitcoin-btc-bulls-and-bears-in-tight-fight-altcoins-to-lead-next-rally/) [Solana Bullish As Jito Labs Ends Mempool Use, Averting “Sandwich Attacks”](https://coingape.com/solana-bullish-as-jito-labs-ends-mempool-use-averting-sandwich-attacks/) [BlackRock’s Bitcoin Holdings Surpasses MicroStrategy Amid $2 Bln Net Inflows This Week](https://coingape.com/bitcoin-news-blackrock-btc-holdings-surpasses-microstrategy-amid-2-bln-net-inflows-this-week/) [Filecoin Price Jumps 15% Amid New Partnerships, FIL Rally to $20 Expected](https://coingape.com/filecoin-price-jumps-15-amid-new-partnerships-fil-rally-to-20-expected/) [Shiba Inu Burn Rockets 15000% As 13 Bln SHIB Destroyed, $0.0001 Imminent?](https://coingape.com/shiba-inu-burn-rockets-15000-13-bln-shib-destroyed-0-0001-imminent/) [Crypto Prices Today March 9: Bitcoin At $68K, Ethereum Nears $4K, PEPE Gains 20% As FLOKI Rallies 50%](https://coingape.com/crypto-prices-today-march-9-bitcoin-at-68k-ethereum-nears-4k-pepe-gains-20-as-floki-rallies-50/) [Fantom Price Climbs Over a 22-Month Wall: Is the Path to $1 Clear?](https://coingape.com/markets/fantom-price-climbs-a-22-month-the-path-to-1-clear/) [What To Expect As Bitcoin Price Hits New ATH – $70,000 Before Halving](https://coingape.com/markets/what-to-expect-as-bitcoin-price-hits-new-ath-70000-before-halving/) [Solana Price Soars Amid Social Media Buzz: Can It Target $200 Next?](https://coingape.com/markets/solana-price-rally-fueld-social-media-is-200-reach/) [ETH/BTC Price Analysis: Top Reasons Why Altcoin Season Calls After Bitcoin Rally](https://coingape.com/markets/eth-btc-price-analysis-top-reasons-why-altcoin-season-calls-after-bitcoin-rally/) [Dogecoin Price Aiming $1 As Rival Meme Coins Become Attractive](https://coingape.com/markets/dogecoin-price-aiming-1-as-rival-meme-coins-become-attractive/).
