XRP's price has been on a wild ride, surging 67% in just one week. This massive pump is largely attributed to the news of Gary Gensler's planned exit from the SEC, which has sparked hopes of a more crypto-friendly regulatory environment.¹
As of now, XRP is trading at $1.58, with a 24-hour trading volume of $20 billion. The token's technical indicators are signaling a sustained bullish trend, with the Relative Strength Index (RSI) at 81.34, indicating overbought conditions.
Looking ahead, some predictions suggest that XRP could reach $2, with the potential for even further growth. However, it's essential to keep in mind that the crypto market is highly volatile, and prices can fluctuate rapidly.
In other news, whales are swooping in on the Pepe Unchained presale, which has already raised over $40 million. This new meme coin is gaining traction, with some analysts predicting it could be the next big thing.