After quite a while, this can be considered as some good news, and we all observed that several altcoins moved along with XRP. So, in my opinion, the market has definitely received a favorable boost. We are all aware that XRP has not been rising for a long time, but as soon as the news came, it seemed as if a new life was infused into XRP, like a rebirth. However, the bull run has not commenced yet, and we are all positively anticipating further positive movements in the market soon.
XRP won at the right time because we're about entering the bull market and XRP can be among some of the top gainers for the bull market and since they're not having the SEC sueing them, the price of their tokens can increase with others instead of staying down as it did the last time. XRP would had been worth more that $10 if the lawsuit wasn't active against them.
XRP is an old project therefore they're not like the new projects that might scam their investors. XRP would be around for a very long time therefore if you're looking for a long term investment then you can decide to invest in XRP and hold your tokens. The market received a boost because of XRP winning their lawsuit but their victory isn't enough to turn the market from bear to bull.
XRP needs to use this positive momentum to get the price to atleast $1 so in the bull market the price will be targeting $10 and that'll make investors to get 1000% increase and make a nice profits. I don't think XRP will keep increasing while the rest if the market is experiencing a correction because of Bitcoin price falling below $30,000 but the market will get support soon.
With the SEC lawsuit behind, its indeed true that XRP's price isnt shackled as it was previously. And oh boy! What a sigh of relief it is. XRP's potential to cross the $10 mark, had the lawsuit not been active, is something that we've been robbed of seeing. However, its not just about being an old project or escaping the lawsuit, XRP needs to step up its game to capture and leverage the post-lawsuit enthusiasm. You mentioned the $1 target - quite achievable indeed; the $10 target though - now that's a delicious proposition.
Do not be so quick to pop the champagne yet. The Bitcoin price dip, and the general market correction, may bring some temporary chills. But rest assured, XRP's victory has given the market a much-needed morale boost.