How High Can Ripple (XRP) Go With Gary Gensler Out of the Picture? (AI Bots Analyze)
Some of the predictions see XRP go as high as $5 during this cycle.
Keep up with what's happening in the crypto world in real-time.
Some of the predictions see XRP go as high as $5 during this cycle.
Ripple's momentum will decide if its resurgence marks a breakout or echoes past cycle pitfalls.
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The crypto market is expecting Bitcoin price to break the $100k mark imminently, with analysts saying the altcoin season is next. Meanwhile, Solana, XRP and Cardano have soared to new highs after the SEC Chair announced he will be leaving the agency on January 20.
The XRP community is filled with excitement over new rumors about a potential “emergency settlement” in the ongoing Ripple lawsuit. These speculations have gained momentum after SEC Chair Gary Gensler announced his resignation, effective January 20, 2025.
XRP, the cryptocurrency of Ripple, has recently experienced a spectacular surge, increasing by more than 30% in just 24 hours to reach around $1.45. Several key factors could propel the price of XRP to $10 in the near future.
On Friday, President-elect Donald Trump announced hedge fund manager Scott Bessent as his nominee for Treasury Secretary, according to a report by The Wall Street Journal. Bessent, a seasoned investor and founder of Key Square Capital Management, is set to take on a pivotal role in shaping the administration's economic policies.
Ripple CEO Brad Garlinghouse shared the good news with the XRP and the broader crypto community. Garlinghouse said that Donald Trump has finally elected Scott Bessent a prominent hedge fund manager known for his pro-cryptocurrency stance, to serve as the next Secretary of the Treasury.
With preparations for Gary Gensler's exit in January 2025, will it mark the end of the XRP lawsuit? XRP's price reacted to this news and pumped over 20% and XRP is currently trading at $1.52.
XRP has retraced slightly since the local peak but it is still well in the green on a daily scale.
The crypto world is buzzing, and Bitcoin's holding strong at $98,000 is turning heads. While some coins are shooting up, others seem to be cooling off. What's driving this? Let's take a closer look at what's happening in the market right now. Bitcoin Stays Firm at $98K Bitcoin is the king, and it's showing why.
Ripple CEO Brad Garlinghouse has shared another good news with the XRP community. US President-elect Donald Trump has finally picked his Treasury Secretary, making the crypto community including Garlinghouse bullish on XRP and the end of the SEC lawsuit.
XRP surges 18% amid speculation of SEC appeal withdrawal as Trump eyess the regulatory landscape with pro-crypto appointments.
XRP surges 18% amid speculation of SEC appeal withdrawal as Trump eyess the regulatory landscape with pro-crypto appointments.
XRP has recently shown a strong and sustained upward price movement, up by more than 65 percent in the last seven days. XRP is currently trading above the crucial $1.50 mark and has gained almost nine percent in the last 24 hours.
BTC and XRP challenge securities classifications as a legal expert argues underlying assets are distinct from investment contracts, intensifying calls for regulatory clarity in crypto markets. BTC and XRP Lead Legal Shift in Crypto Investment Contract Standards A well-known advocate in the cryptocurrency community, John E.
With notable gains in recent days, Ripple's native token, XRP, has crossed the $1.5 level for the first time since 2021. However, based on its price action and performance, it appears that the XRP price rally is likely to continue in the coming days until it reaches the next resistance level of $2.
With its spectacular breakout and potential rally toward the $2 mark, XRP has been causing a stir on the cryptocurrency market. Given that XRP has broken through significant resistance levels and shown resilience in continuing on its upward trajectory, the current price action indicates strong bullish momentum.
XRP has been making headlines this month as its price continues to surge, hitting its highest level since November 2021. As the cryptocurrency gains momentum, there is growing speculation about whether it can push even higher.
As SEC Chair Gary Gensler prepares to exit, investors are flocking to XRP, an asset that's been targeted under his leadership.
Crypto analyst Dark Defender has shared his Elliot Wave Theory analysis, which shows that the XRP price can rally to as high as $18. The analyst's accompanying chart further showed when XRP can reach this double-digit price target.
XRP, the native token of Ripple, has gained significant traction in recent weeks, with its price soaring by more than 100% in just two weeks. As of November 21, 2024, XRP is trading at $1.11, a marked increase from its recent lows.
XRP is now closer to its all-time high than at any point in the past three years, driven by a remarkable rally.
The cryptocurrency market is buzzing as spot ETF applications for Solana (SOL), XRP, and Hedera (HBAR) progress, signaling a potential "altcoin season" where investors may expand their focus beyond Bitcoin and Ethereum. The post SOL, XRP, and HBAR To Pump Further As Road to ETFs Opens Up appeared first on Cryptonews.
