XRP Poised for Exponential Rally by Mid-2025 as Donald Trump Returns to Office
Bitcoin (BTC) met Donald Trump's historic comeback with a series of new all-time highs heading this week. The aftermath of the US election also
After hitting a new all-time high and remaining above the $80,000 mark on Monday, Bitcoin (BTC) continued its rally with another new record on Sunday. This time, XRP joined the rally, surging over 10% and rising above the $0.60 level for the first time since late September.
The surge in XRP’s price was accompanied by a nearly 150% increase in trading volume, and the token was trading at $0.63 at the time of writing, according to TradingView. This price surge pushed XRP to a high not seen since September 24, when the token briefly traded above $0.62.
According to TradingView, the price rally triggered a shift in the platform’s evaluation toward an overall “Strong Buy” for XRP by Sunday. The positive trend was mainly driven by the simple and exponential moving averages (SMA and EMA) within the 10 to 200 ranges on the one-day, one-week, and one-year charts synchronizing their dials to the “Buy” zone.
At the same time, the analytics platform's commonly used oscillators also largely confirmed the same assessment. Only the one-day Relative Strength Index (RSI) warned of a possible “Sell” scenario as the price trends crossed the overbought line at 71 on Monday.
Meanwhile, Hogan & Hogan partner Jeremy Hogan thinks the future looks bright for XRP once Donald Trump assumes office. The popular lawyer on X predicted that the new dynamics within the Securities and Exchange Commission (SEC) will be instrumental in driving positive sentiment for the token.
In a recent video commentary, Hogan stated that SEC Chair Gary Gensler could resign from his post before January 20, especially if he wants to save face before the next president does everything in their power to kick him out of office following strong bipartisan support to do so.
Gensler's departure could lead to a shift in the SEC's enforcement approach for the crypto industry. Hogan envisions the new or interim head of the agency streamlining all crypto-related charges by ordering the mass dismissal of non-fraud cases.
According to Hogan, courts will likely dismiss all crypto cases under litigation—particularly those stemming from the SEC's “regulation by enforcement” approach—before the summer of next year. This includes the case of Coinbase. However, since the lower court already has a clear order for Ripple's $125 million fine, the company will simply have to settle the judgment amount to finally conclude its legal drama with the regulator.
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