How much will XRP Coin be in dollars?
Ripple, one of the largest cryptocurrencies according to market value, was in the middle of a very nice process for a $2.4 increase.
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The RLUSD launch was successful and the transaction volume increased significantly. Moreover, if there was a fall today, we would probably see that the partnership news with Chainlink at $21.1 further supported the price.
There is a short time left until January 15th, and it is uncertain whether SEC will submit the necessary documents to continue the Ripple case before the change of management. In the coming days, Gensler will probably want to continue the process and we may see another round of decline as a result.
Bitcoin (BTC) $96,525.2 price has once again made a feared move and experienced a sharp drop following a steep rise. January is still discouraging for cryptocurrency investors. The investor psychology, which has been greatly worn out since 2021, is now burning with the excitement of a real bull market. So, what is the current situation for PEPE and XRP Coin?
However, things will change as of January 20th. Of course, if Trump keeps his promises about cryptocurrencies. The new SEC Chairman must make a single statement before the end of the month, 'We are ending all cryptocurrency cases except for fraud,' and then fireworks can be ignited.
The key level is currently $2.35, and the price needs to convert $2.38 back to support with closings above it. Then it can return to the uptrend range between $2.5 and $2.93. For now, BTC does not seem to support a very optimistic scenario.