XRP Could Reach $40 in 3 Months as Ripple News Excites Market

XRP pricing projections must account for Mar-a-Lago's rapid growth. The SEC chairman is unknown, but Trump is likely to choose a pro-crypto person.
Bloomberg reported today that the Trump administration might assign crypto regulation to the CFTC, as the sector has long sought.
Most of the people rumored to replace Rostin Behnam as derivatives regulator chief are expected to support the $3 trillion crypto sector. According to sources, Republican commissioners Summer Mersinger and Caroline Pham are being considered. The persons also included Joshua Sterling, Jill Sommers, and Neal Kumar, former CFTC officials who dealt with digital-asset businesses.
Thanksgiving is here. With US financial markets closed, the holidays may bring optimistic trading patterns.
Open interest and the funding rate indicate strong purchasing energy when XRP rises.
If Ripple's good newsflow continues and the next government is crypto-friendly, XRP might hit $5 or $10 before the end of the year.
The volume profile (see chart below) shows purchasing (and selling) interest at certain price points. The point of control (red line) matches the present price, meaning we are at a price level of maximum interest since November 5, when the election was conducted.
ADA is the only major alt that has outperformed XRP after the election due to Charles Hoskinson's connection to the Trump team's prospective new policy council.
XRP may be the best cryptocurrency to buy in this season because to its high potential and minimal risk.
Its technology is strong, but its price has been underperforming since the SEC legal disaster of four years. However, its army of token holders will put it at the forefront of the crypto bull market narrative in the new year and beyond.
#XRPMarketShift # MarketInTheGreen #MarketBuyOrHold? $XRP
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