For the first time since the bull run of 2017-2018, the price of XRP broke through the $3 level yesterday. A possible reason behind this surge could be Donald Trump becoming the U.S. President next week, as he is set to return to the White House on January 20th. Some speculate that his plans for cryptocurrency may favor Ripple.
In this article, we’ll explore what we can expect after Trump takes office in the U.S. Not only is this positive for the entire crypto market, but it’s also specifically beneficial for Ripple. Will the altcoin reach an all-time high above $3.84 in January?
This piece discusses what the impact might be when Trump assumes presidency in the U.S., which could positively influence the entire cryptocurrency market and particularly Ripple. Could this altcoin surpass its previous record high of $3.84 in January?
Wat de inauguratie van Trump betekent voor Ripple
Since Trump’s victory in November, cryptocurrencies have risen and the next major rally could be around the corner. Next Monday, Trump takes office and we may see positive changes from day one.
What changes are these referring to? For instance, consider clear cryptocurrency regulations that encourage innovation, new laws that make cryptocurrencies more appealing, and the possibility of a central bank Bitcoin reserve.
As an Analyst Reporting: Breaking News: I anticipate that President Donald Trump will sign executive orders concerning Bitcoin and cryptocurrencies on the inaugural day of his new term. This development, as reported by The Washington Post, could signal significant changes in the regulatory landscape for digital currencies.
— Bitcoin Magazine (@BitcoinMagazine) January 13, 2025
A significant advantage for Ripple is that, starting from January 29 (day 1), Gary Gensler will be replaced by Paul Atkins. Under the leadership of Trump and Atkins, SEC policy may undergo a shift and the lengthy Ripple vs SEC legal battle could come to an end.
Of course, the SEC will continue to aim at protecting investors, but this time without unnecessarily burdening crypto companies and exchanges. This approach can ensure innovation within the sector and help the U.S. become a “Crypto Capital.
Essentially, it is anticipated that the crypto market will rise, potentially boosting XRP. Moreover, XRP could directly benefit from the conclusion of the lawsuit and increased chances for the approval of an XRP ETF.
XRP koers verwachting – Hoeveel kan Ripple waard worden?
Initially, Ripple’s course dropped towards the end of the morning and was just under $3.10, suggesting that its falls from last night might be reversed. However, this altcoin peaked at around midnight to $3.20, encountering selling pressure which temporarily took it below $3. Over the past hour, Ripple has regained 1.4%.
As a crypto investor, I’m seeing some positive signs for XRP as it gains additional support from its 30-day moving average (yellow) at $2.36, while its 200-day moving average (blue) is still a ways off at $1.05. It seems Ripple may have established a new support level at $3, but it could remain volatile in the coming days following its 34% surge over the past seven days.
When the Relative Strength Index (RSI) exceeds 70, it increases the risk of a correction. However, as we saw during the rise from late November to early December, the RSI could reach as high as 95. What followed was only a reasonable correction from $2,90 to $2,25. But keep in mind and stay vigilant for increasing selling pressure.
As a researcher, I’m closely monitoring the sustained bullish momentum of Ripple. It might only be a matter of days or weeks before it surpasses its all-time high of $3.84. If President Trump successfully implements positive changes in the American system, Ripple could soar beyond $5 within the coming months and potentially reach over $10 by the end of this year.
Ripple gemist? Deze altcoins worden mogelijk de volgende grootste crypto stijgers
This marks the second time since November 2023 that XRP experienced a massive surge. However, it’s clear that the rate of increase is less steep due to the increasing capital requirements. Of course, XRP could still see further growth from here, but there are other altcoins capable of delivering more at this moment.
Below, we’ll examine three alternative coins that could potentially benefit when Ripple continues to rise. Whether it’s due to speculation or their attractive use cases, expectations are high that the prices of these altcoins will increase. During the presale, you can still purchase them at a fixed low price.
Wall Street Pepe ($WEPE)
Wall Street’s PEPE ($WEPE) is one of the most popular pre-sale cryptocurrencies currently and has raised over $49 million since its launch in December. $WEPE is a meme coin that can benefit from the success of Pepe (PEPE), but also profits from a low market cap and attractive utility for token holders.
Holders of the $WEPE token gain access to an exclusive community of traders. Within this community, elite insights are shared, which can help traders maximize their profits during this bull run. The value of $WEPE could see a significant increase depending on how effective these trading insights prove to be.
With great memes comes great responsibility.
— Wall Street Pepe (@WEPEToken) January 15, 2025
Today, it’s not too late to purchase WEPE tokens at a low price, currently priced at approximately $0.00036648 each. With the project nearing a fundraising milestone of nearly $50 million, anticipations are high that the value of WEPE will surge significantly following its initial listing on exchanges. As an analyst, I believe this presents a prime opportunity for potential investors.
Nu naar Wall Street Pepe
Given the significant surge in Ripple, it might be intriguing to explore new utility tokens. The new Solaxy ($SOLX) is the native token of an emerging blockchain. $SOLX raised over $10.5 million during its pre-sale and provides access to the world’s first Solana Layer-2 blockchain.
In recent years, Solana has significantly grown and also become a hotspot for meme coins. Similar to Solana, you benefit from low transaction fees and high speeds with Solaxy, but without the risk of interruptions. Additionally, it offers an opportunity to invest in cutting-edge projects.
You can purchase $SOLX for $0.001602 per token. By doing so, you’ll secure an early position and contribute to the project’s successful launch. Given that the project has already raised $10 million, there is clearly demand for the new Solana Layer-2. This means that after launch, $SOLX may continue to rise further.
Nu naar Solaxy
The Best Wallet Token ($BEST) is the native currency of Best Wallet, a relatively new crypto wallet that offers user-friendliness along with innovative concepts. Its native token presale has amassed over $7 million and will soon come to an end. But what are the benefits of using Best Wallet in conjunction with its native token?
The Best Wallet Token ($BEST) is the internal currency for Best Wallet, a recently introduced crypto wallet that marries ease-of-use with groundbreaking ideas. The presale for its native token has raised more than $7 million and will conclude shortly. However, what are the advantages of adopting Best Wallet in conjunction with its native token?
Keeping the Door, or Best Wallet, could bring you additional benefits as a user. For instance, you might get discounts on transactions such as token swaps. Additionally, you’ll gain early access to new presales and launches, higher staking rewards, and perks from partners of Best Wallet. These features can potentially increase the demand price for $BEST.
The Fastest Growing Wallet in Crypto!
In a crowded market, Best Wallet delivers the tools you need to gain an edge.
1⃣ Access to new projects before anyone else (alpha exclusive).
2⃣ Purchase and obtain tokens within the application.
3⃣ Consolidate all your assets across various blockchains in a single platform.This is why the Best…
— Best Wallet (@BestWalletHQ) December 30, 2024
Today, early investors can still buy $BEST stocks for only $0.023625 each. Additionally, they will have the opportunity to immediately stake these tokens for an APY of 250%. The price of $BEST is expected to increase within the next two days, meaning that the earlier you invest, the more cost-effective it becomes.
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2025-01-16 17:36