bullish

Donald Trump

<p>Bitcoin’s (BTC) rally past $99,000 in the last 24 hours has shocked the crypto market, but XRP has emerged as the showstopper. The token surged above $1.4 for the first time since early 2021, gaining an impressive 27% in just one day. </p>   
<p>Over the past two weeks, XRP has soared by over 150%, pushing its fully diluted valuation to approximately $140 billion—a level not seen in years. This explosive growth has knocked Dogecoin (DOGE) off its spot, making XRP the sixth-largest digital asset by market cap.</p>   
<p>What's fueling the rally?</p>   
<h2 class="wp-block-heading" id="h-factors-that-influenced-xrp-s-rally">Factors that Influenced XRP's Rally</h2>   
<h3 class="wp-block-heading" id="h-sec-chair-gary-gensler-s-resignation"><strong>SEC Chair Gary Gensler’s Resignation</strong></h3>   
<p>A major factor behind XRP’s rally is the announcement that <a href="https://x.com/GaryGensler/status/1859658192298574096" target="_blank" rel="noreferrer noopener">SEC Chair Gary Gensler</a> will step down on January 20. The news comes as President-elect Donald Trump plans to appoint a <a href="https://coinpedia.org/news/binance-us-ex-ceo-brian-brooks-tops-list-for-sec-chair/" target="_blank" rel="noreferrer noopener">crypto-friendly SEC chair</a>, boosting optimism in the XRP community.</p>   
<p>For XRP supporters, Gensler’s resignation offers a potential turning point in the ongoing <a href="https://coinpedia.org/news/xrp-lawsuit-settlement-news-is-sec-calling-an-emergency-meeting-to-end-the-ripple-case/" target="_blank" rel="noreferrer noopener">SEC vs. Ripple </a>lawsuit, which has weighed heavily on the token’s prospects. The announcement has triggered fresh optimism, driving both market sentiment and XRP’s price upward.</p>   [post_titles_links postid="383365"]   
<h3 class="wp-block-heading" id="h-market-impact-liquidations-and-breakouts"><strong>Market Impact: Liquidations and Breakouts</strong></h3>   
<p>The crypto market saw <a href="https://coinpedia.org/news/bitcoins-soaring-price-triggers-over-482-million-in-crypto-liquidations/" target="_blank" rel="noreferrer noopener">$406 million in liquidations</a> over the past 24 hours, mostly from short positions. XRP alone contributed over $25 million to these liquidations, creating a short squeeze that amplified the token’s rally.</p>   
<p>At the same time, XRP broke out of a long-standing symmetrical triangle pattern, a significant technical signal of bullish momentum. Adding to the excitement, XRP’s weekly <a href="https://coinpedia.org/traders/what-is-relative-strength-index-rsi/" target="_blank" rel="noreferrer noopener">Relative Strength Index (RSI)</a> has climbed above 70 for the first time since April 2021, signaling strong buying interest.</p>   
<p class="has-background" style="background-color:#e9f0ff"><strong><em>Curious about where XRP's bullish momentum could lead next? Dive deeper into <a href="https://coinpedia.org/price-prediction/xrp-ripple-price-prediction/" target="_blank" rel="noreferrer noopener">XRP Price Prediction</a> and explore expert insights on its potential trajectory</em></strong></p>   
<h3 class="wp-block-heading" id="h-rising-demand-from-whale-investors"><strong>Rising Demand from Whale Investors</strong></h3>   
<p>XRP’s rally is supported by robust on-chain activity. Open interest (OI) in XRP futures has surpassed $2.1 billion for the first time this year, reflecting growing interest in the token. Daily trading volume has also spiked to $17.3 billion, showing increased market activity.</p>   
<p>Whales have been actively accumulating XRP, anticipating regulatory clarity in the U.S. This aggressive buying has further fueled market confidence, adding strength to XRP’s price momentum.</p>   
<div class="schema-faq wp-block-yoast-faq-block">
 <div class="schema-faq-section" id="faq-question-1732251876085">
  <strong class="schema-faq-question">How High Can XRP Go?</strong> 
  <p class="schema-faq-answer">XRP's price could potentially aim for its previous all-time high of $3.40, driven by bullish technicals, whale accumulation, and regulatory optimism. Sustained momentum and favorable market conditions are key to further growth.<br><br></p> 
 </div> 
 <div class="schema-faq-section" id="faq-question-1732251927343">
  <strong class="schema-faq-question">Why is XRP Pumping?</strong> 
  <p class="schema-faq-answer">XRP is pumping due to Gary Gensler's SEC resignation announcement, sparking hopes for regulatory clarity, and a $25M short squeeze boosting bullish momentum. Whale accumulation and a breakout from a multi-year triangle further fuel the rally.<br><br></p> 
 </div> 
</div>   
<p><strong>XRP’s momentum signals one thing: the bulls are back, and they’re not slowing down.</strong></p>

Why Is XRP Going Up? Ripple Price Jumps 150% in 2 Weeks

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