Top Ripple (XRP) Price Predictions as of Late

TL;DR

• Analysts foresee a potential XRP rally, envisioning a surge to $0.90 if the asset clears crucial resistance points, despite recent underperformance.
• The US presidential election results could fuel enhanced volatility for the entire crypto market and Ripple’s native token particularly.

‘Bearish Outlook or a Strong Bullish Trend?’

Despite its slight resurgence in the past 24 hours, Ripple’s XRP remains one of the poorest performers (from crypto’s top 10 list) on a monthly scale. It currently trades at around $0.51 (per CoinGecko’s data), representing a 4% decline for that period.

“Our central structure is the same; I know it is boring, but it is what it is,” they added.

$XRP defending the key 50 cents support while pushing on the local downtrend. Do or die momentum for #XRP pic.twitter.com/iqpqJzUM0x

— Crypto Rand (@crypto_rand) November 4, 2024

Volatility on the Way?

The results of the presidential elections in the United States may trigger severe price swings for the entire cryptocurrency market. The contest (set for November 5) faces the Republican Donald Trump versus the Democrat Kamala Harris.

The potential dismissal of Gensler could change the regulator’s approach to the Ripple case, as a new Chair might shift focus away from aggressive enforcement actions. 

“The DNA of Harris’ administration is from the world capital of innovation – the Bay area (it’s a place that has created more trillion-dollar companies than any other place on the planet). She gets that. She grew up here, and she knows people who founded these companies, so I am really confident that this is going to be a completely different approach from the failed policy of Biden’s administration when it came to crypto,” Larsen stated.