The XRP price broke through the $3 level yesterday for the first time since the 2017-2018 bull run. A possible reason behind this increase is that Donald Trump will be the president of the USA next week. Trump will return to the White House on January 20. His plans for crypto could work out well for Ripple.
In this article we will look at what we can expect after Trump comes to power in the USA. This is not only positive for the entire crypto market, but also especially for Ripple. Will the altcoin ever rise to a high above $3.84 in January?
What Trump's inauguration means for Ripple
Since Trump won in November, crypto has soared and the next big rally may be just around the corner. Trump will come to power next Monday and we may see positive changes from day one.
What kind of changes are these? Consider, for example, clear crypto regulation that does not stop innovation, new laws that can make crypto more attractive and the possibility of a Bitcoin reserve.
Justin: 🇺🇸 Donald Trump is expected to issue executive orders on the first day of his presidency regarding #Bitcoin and crypto – The Washington Post pic.twitter.com/6E8Y5ICB9d
– Bitcoin Magazine (@BitcoinMagazine) January 13, 2025
But a big plus for Ripple is the fact that Gary Gensler will be replaced by Paul Atkins from day 1 (ie January 20). Under the leadership of Trump and Atkins, the SEC's policy may be reversed and the year-long Ripple vs. SEC lawsuit may come to an end.
Of course, the goal of the SEC will still be to protect investors, but this time without harassing crypto companies and exchanges unnecessarily. This can ensure innovation within the sector and help the US become the “Crypto Capital”.
In short: there is a high expectation that crypto will rise, which could give rise to XRP. XRP can also benefit directly from the end of the lawsuit and more chances of XRP ETF approval.
XRP Price Prediction – What is Ripple Worth?
The price of Ripple is slightly below $3.10 at the end of the morning and it seems to be reversing its decline overnight. The altcoin peaked at $3.20 around midnight and faced selling pressure, causing it to temporarily fall below $3. However, in the past hour, Ripple has increased again by 1.4%.
XRP is further supported by its 30-day moving average (yellow) at $2.36, while the 200-day moving average (blue) at $1.05 is yet to be made. Ripple may have set a new support at $3, but it could remain volatile in the coming days after its 34% increase in the last 7 days.
The Relative Strength Index (RSI) has risen above 70, increasing the risk of a correction. But as seen in the rise from late November to early December, the RSI was as high as 95. What followed was only a reasonable correction from $2.90 to $2.25. But anyway, watch out for more sales pressure.
If Ripple manages to maintain the current bullish trend, it could be a few days or weeks before it breaks the all-time high of $3.84. If Trump really brings positive changes to the US system, Ripple could rise above $5 in the coming months and even go above $10 later this year.
Lost Ripple? These altcoins may be the next biggest crypto boom
This is the second time since November 2023 that XRP has seen a significant increase. But it can already be seen how the price has increased so quickly, because more and more capital is needed. Of course, XRP can rise even further from here, but at the same time there are altcoins that can do more.
Below we look at 3 altcoins that could indirectly benefit if Ripple continues to rise. Whether it is due to speculation or their attractive use cases, the price of these altcoins is expected to rise. During the pre-sale you can still buy them for a fixed low price.
Wall Street Invitational ($WEPE)
Wall Street Invitational ($WEPE) It is one of the most popular cryptos presale right now, having raised over $49 million since its launch in December. $WEPE is a meme coin that can ride on the success of Pepe (PEPE), but also benefit from a low market cap and an attractive utility for token holders.
$WEPE holders get access to an exclusive community of traders. Elite insights are shared within this community to help traders maximize their profits on this bull run. Depending on how good these trading views are, $WPE could see a significant increase in value.
With great memes comes great responsibility. 🐸 ⚔️ pic.twitter.com/CmaoJ8z2tI
– Wall Street Pepe (@WEPEToken) January 15, 2025
It's not too late to buy $WEPE at a low price today. This way you still have tokens for $0.00036648 each. Now that the project has raised almost $50 million, the price of WEPE $ is expected to explode after its initial launch on exchanges.
Solaxy ($SOLX)
After Ripple's massive rise, it might be interesting to look at new utility tokens. The new one Solaxy ($SOLX) which is a native token of the emerging blockchain. $SOLX has raised over $10.5 million in its pre-sale and provides access to the world's first Solana Layer-2 blockchain.
Solana has grown a lot in recent years and has also become a hot spot for meme coins. Just like with Solana, with Solaxy you benefit from low transaction costs and high speeds, but without the risk of disruption. It is also an opportunity to invest in new projects.
You can buy $SOLX for $0.001602 per Token. This will give you an early position and help the project launch successfully. Since the project has already raised $10 million, it is clear that there is demand for the new Solana Layer-2. This means $SOLX could rise even further after launch.
Best Wallet Brand ($BEST)
As Best Wallet Brand ($BEST) is the native token of the Best Wallet. This is a relatively new crypto wallet that combines user friendliness with innovative ideas. The pre-sale of his native token has raised over $7 million and will end soon. But what are the advantages of the best Wallet, in combination with its native token?
By holding $BEST, you will receive additional benefits as a Best Wallet user. For example, you can get a discount on transactions such as token swaps. You'll also get early access to pre-sales and new promotions, higher rewards and benefits from Best Wallet partners. These features may increase the asking price $ BEST
The fastest growing wallet in crypto!
In a crowded market, Best Wallet delivers the tools you need to gain an advantage. 🚀
1️⃣ special alpha on new projects.
2️⃣ Buy and claim tokens in the app.
3️⃣ Manage all your assets across multiple chains in one place.That's why the best… pic.twitter.com/AT4yos1CmG
– Best Wallet (@BestWalletHQ) December 30, 2024
Early investors can buy $BEST today for $0.023625 each. In addition, they will have the option to instantly send these signals for an APY of 250%. The $BEST price increases within 2 days, which means you get cheaper the sooner you invest.
