XRP News Today: How Trump’s Potential SEC Pick Could Push XRP Beyond $1.81

Key Points

• XRP has climbed to $1.62, its highest level since May 2021, amid speculation about Trump’s pro-crypto SEC pick.
• Ripple’s ongoing legal appeal could reshape crypto enforcement, with XRP gains hinting at optimism for a favorable outcome.
• Breaking $1.81 resistance could spark a new rally, driven by legal clarity and regulatory shifts.

XRP Reaches Multi-Year High Amid Regulatory Optimism

XRP has surged to $1.62, a level not seen since May 2021, fueled by growing optimism around a potential pro-crypto shift in U.S. regulatory policies. This rise has been accompanied by speculation that Donald Trump’s choice for SEC Chair—whether it’s Paul Atkins or Pam Bondi—could lead to significant changes in the agency’s approach to cryptocurrency enforcement.

As the Ripple case looms in the background, traders and investors are speculating that a more crypto-friendly SEC could pave the way for XRP to breach the $1.81 mark.

Key Drivers of XRP’s Rally

Trump’s SEC Pick Could Alter the Regulatory Landscape

The U.S. Securities and Exchange Commission (SEC) has been at the center of XRP’s legal struggles since its high-profile lawsuit against Ripple in 2020. However, the crypto community is now abuzz with speculation that Trump’s potential pick for SEC Chair, whether it be Paul Atkins or Pam Bondi, may take a more lenient stance on cryptocurrencies.

Both individuals are known for their openness to financial innovation, with Atkins previously advocating for regulatory clarity to support blockchain growth. A leadership overhaul at the SEC could lead to Ripple-related lawsuits being withdrawn or settled, restoring confidence across the crypto sector and bolstering XRP’s price.

Ripple Case Appeal and Its Broader Implications

The ongoing legal battle between Ripple and the SEC continues to influence XRP’s price trajectory. Ripple’s partial court victory earlier this year established that programmatic XRP sales on exchanges do not constitute securities offerings, sparking a rally in XRP prices.

However, the SEC’s appeal of this decision could reshape the future of crypto enforcement in the U.S. Investors see XRP’s recent gains as a signal of growing optimism that Trump’s administration may withdraw the SEC’s challenges altogether. A favorable outcome could not only secure Ripple’s position but also set a precedent for the broader cryptocurrency market.

XRP’s Technical Picture: Eyeing $1.81 and Beyond

XRP’s recent rally has brought it to $1.62, a crucial level not breached in over two years. Analysts now see $1.81 as the next key resistance level.

• Key Support: $1.50, a level reinforced by recent profit-taking.
• Key Resistance: $1.81, a psychological barrier that, if broken, could trigger further bullish momentum toward $2.

Market sentiment remains optimistic, as evidenced by a 12% rise in trading volume over the past 24 hours. If Ripple secures a favorable outcome in its legal case, or if Trump’s SEC pick signals a more crypto-friendly approach, XRP could easily test $1.81 and beyond.

Broader Market Trends Impacting XRP

XRP’s rally has also been supported by broader market dynamics. Bitcoin’s stability at $95,000 and Ethereum’s recent upgrades have buoyed the entire crypto market. Additionally, altcoins with strong fundamentals, such as Solana and Cardano, have seen gains, further reinforcing positive sentiment.

Mixed U.S. economic data has added a layer of uncertainty, with strong labor markets clashing with weaker manufacturing outputs. These conditions have driven investors toward crypto assets like XRP, which offer diversification amid traditional market volatility.

Could XRP Surpass $1.81?

Several factors could determine whether XRP can break past $1.81:

• Regulatory Changes: A pro-crypto SEC Chair could transform XRP’s regulatory outlook, potentially ending Ripple’s legal woes.
• Market Sentiment: Broader crypto market optimism, combined with altcoin strength, could lift XRP higher.
• Legal Outcomes: Ripple’s ongoing case remains a wild card, but even the hint of a settlement could send XRP soaring.

A Pivotal Moment for XRP

XRP’s rise to $1.62 marks a significant milestone, reflecting optimism around Trump’s potential SEC pick and Ripple’s legal battles. While challenges remain, the prospect of regulatory clarity and reduced legal pressure could propel XRP beyond $1.81, opening the door to further gains.

As the crypto market eagerly awaits updates from the SEC and the courts, XRP remains one of the most closely watched assets. Its performance in the coming weeks could set the tone for the next phase of the cryptocurrency market.

Stay informed with the latest XRP news and analysis as the market navigates this pivotal moment.