Ripple's cryptocurrency XRP is at the center of market speculation, with potential price movements influenced by several key factors. The Securities and Exchange Commission (SEC) is expected to make a decision that could impact XRP's value. Additionally, the possibility of an XRP exchange-traded fund (ETF) and statements from former President Donald Trump, who has his own memecoin, are also cited as significant influences on XRP's market performance. Analysts suggest that these elements could drive XRP's price to $8 or lead to a significant drop.