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<p>Ripple’s XRP is facing a whirlwind of developments that could shape its future in the crypto landscape. From CEO Brad Garlinghouse’s bold revelations to XRP’s fluctuating price trends, there’s a lot brewing in the world of Ripple. Here’s a look at the key events that are catching the attention of the crypto community and what might lie ahead for XRP holders.</p><h3 id="strong-xrp-price-eyes-recovery-but-will-it-break-free-of-resistance-strong"><strong>XRP Price Eyes Recovery, But Will It Break Free of Resistance?</strong></h3><p>XRP is currently battling to reverse its recent downtrend. After extending losses to the $0.5120 zone, XRP is now in recovery mode, inching toward the $0.5320 resistance level. The crypto community is closely watching to see if XRP can gather enough momentum to clear $0.5350, which would signal a potential breakout.</p><p>On the technical side, a bullish signal has emerged. XRP has broken above a bearish trend line, giving hope for upward movement. If XRP manages to push through $0.5420, analysts predict a potential rally toward $0.5550 or even $0.5800. However, failure to surpass the resistance zones could see XRP face another decline, testing supports at $0.5230 and $0.5120.</p><h3 id="strong-could-a-trump-presidency-boost-xrp-strong"><strong>Could a Trump Presidency Boost XRP?</strong></h3><p>One of the most intriguing developments around XRP is the political buzz surrounding a possible <a href="https://icogemhunters.com/trumps-election-odds-boost-bitcoin-is-a-massive-80k-rally-next/" rel="noopener noreferrer nofollow">Donald Trump</a> presidency. Some within the crypto community believe a Trump administration would provide regulatory clarity, potentially revolutionizing the U.S. crypto landscape. XRP, as the only cryptocurrency with clear regulatory status following Ripple’s victory over the SEC, stands to gain significantly from this potential shift.</p><p>Trump has made bold claims about turning the U.S. into the “crypto capital of the world.” With XRP already holding a unique advantage in the regulatory space, many are optimistic that Ripple could thrive under a pro-crypto administration. The community is abuzz with the potential of a transformative shift in the U.S. financial system, with XRP leading the charge.</p><h3 id="strong-ripple-ceo-brad-garlinghouse-34-de-banked-34-and-fighting-back-strong"><strong>Ripple CEO Brad Garlinghouse: &#34;De-Banked&#34; and Fighting Back</strong></h3><p>In a bombshell revelation, Ripple CEO <a href="https://x.com/bgarlinghouse" rel="noopener noreferrer nofollow">Brad Garlinghouse</a> recently shared that he had been “de-banked” by Citigroup, a bank he had been with for 25 years, due to his involvement in cryptocurrency. This move reflects a growing trend where U.S. banks are distancing themselves from crypto players, largely due to regulatory pressure.</p><p>Garlinghouse has been vocal in his criticism of the Biden administration and the SEC’s <a href="https://x.com/GaryGensler" rel="noopener noreferrer nofollow">Gary Gensler</a>, accusing them of creating a hostile environment for crypto businesses. Despite the challenges, Garlinghouse remains optimistic, hinting at a possible XRP ETF that could open up new opportunities for the cryptocurrency. The potential of an ETF could bring XRP into the mainstream financial markets, boosting its adoption and liquidity.</p><h3 id="strong-xrp-ledger-s-bullish-indicators-is-a-rally-on-the-horizon-strong"><strong>XRP Ledger’s Bullish Indicators—Is a Rally on the Horizon?</strong></h3><p>While XRP’s price remains in consolidation around $0.52, the XRP Ledger shows promising signs of growth. Automated Market Maker (AMM) liquidity deposits are on the rise, reflecting growing confidence in the network. Despite a dip in decentralized exchange (DEX) trades, DEX volume has surged by 17.64%, indicating increased activity.</p><p>The network’s transaction count has been trending higher, and analysts believe this rapid growth could spur demand for XRP. While price action remains shaky, with significant selling pressure expected near the $0.62-$0.66 range, the fundamentals are strong, suggesting that XRP could soon break out of its current slump.</p><h3 id="strong-conclusion-strong"><strong>Conclusion</strong></h3><p>XRP is at a pivotal moment, with several factors—both technical and external—potentially driving its price in the coming weeks. From political speculation to CEO revelations and Ledger growth, the cryptocurrency is positioned for both challenges and opportunities. Whether or not XRP can capitalize on these developments remains to be seen, but the crypto world is certainly paying attention.</p><p><em><strong>Disclaimer:</strong> This article is intended for informational purposes only and should not be construed as legal, tax, investment, financial, or any other form of advice.</em></p><p><em>Source: </em><a href="https://icogemhunters.com/xrp-facing-a-major-breakout-or-breakdown-heres-what-experts-are-saying/" rel="noopener noreferrer nofollow">ICO Gem Hunters</a></p>

XRP Facing a Major Breakout or Breakdown? Here’s What Experts Are Saying!

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