The cryptocurrency world is abuzz with the possibility of Gary Gensler resigning from the SEC. This unexpected change has traders and investors speculating about the potential upside for XRP and other digital assets. With regulatory trends likely to change, the market could be on the verge of significant changes. Which altcoins are positioned to take advantage of this changing landscape?

XRP

XRP has seen significant gains recently. Its price has increased by 46.37% over the past week. It has increased by 50.45% over the past month and by 56.19% over six months. These impressive numbers highlight XRP’s strong uptrend.

Currently trading between $0.52 and $0.64, XRP is approaching its nearest resistance level at $0.69. If this level is broken, the next target could be $0.81. The 10-day simple moving average is at $0.81, while the 100-day simple moving average is at $0.68. These indicators suggest that XRP could continue its uptrend.

Technical indicators support this bullish outlook. The Relative Strength Index is at 63.43, indicating strong buying pressure. The Stochastic Oscillator is at 71.74, also indicating bullish momentum. With the MACD at 0.0286, further gains are likely. If XRP can maintain this momentum, it could break through resistance levels and reach new highs.

Ondo (ONDO)

Ondo (ONDO) has undergone significant price changes recently. Over the past week, its price has increased by 14.33%. Over the past month, it has increased by 13.38%. However, over the past six months, the price has decreased by 9.28%. Currently, ONDO is trading in a range of $0.66 to $0.94.

Recent short-term gains indicate positive momentum. The relative strength index (RSI) is at 45.98, indicating that the asset is neither overbought nor oversold. The stochastic oscillator reads 33.50, which could indicate potential for further upside. The 10-day simple moving average is at $0.84, slightly below the 100-day average of $0.88. This small difference could indicate a neutral bias in the short-term.

Looking ahead, if ONDO continues to rise, it could reach the immediate resistance level at $1.05, which represents a roughly 11% increase from the current high. Additionally, the second resistance level is at $1.33, representing a potential upside of around 41%. On the downside, the immediate support level is at $0.48, suggesting a potential drop of around 27% from the current low. The second support level is located at $0.192, which is significantly lower. These levels will be important for traders watching for potential moves in ONDO.

Baby (BABY)

Pepe (PEPE) has captured the attention of the crypto community with its significant price increase over the past few months. Over the past six months, PEPE’s price has increased by more than 110%, showing significant growth. The momentum hasn’t stopped there; the past month has seen a nearly 93% increase, and this week alone, the coin has surged by around 82%. These impressive gains highlight PEPE’s potential as a dynamic player in the crypto market.

PEPE is currently trading between $0.000009034 and $0.00001431, hovering near the immediate resistance at $0.00001629. A break above this resistance could open the way to the second resistance level at $0.00002157, potentially resulting in a significant percentage gain. On the other hand, if the price declines, it could test the immediate support level at $0.000005738, with further declines likely to reach the second support level at $0.0000004616.

Technical indicators paint a mixed picture. The relative strength index (RSI) is at 44.65, suggesting that PEPE is neither overbought nor oversold. The stochastic indicator is at 14.83, suggesting potential upside momentum, while the moving average convergence divergence (MACD) is slightly negative at -0.0000001204, suggesting possible short-term downside pressure. With the 10-day and 100-day simple moving averages well above current prices, PEPE may face challenges in resuming its upward trajectory. Investors will be watching closely to see if PEPE can sustain its upward momentum or if a correction is in the works.

Tron (TRX)

TRON (TRX) has seen significant volatility recently. Over the past week, its price has increased by 11.80%. Over the past month, it has increased by 12.74%. Looking back six months, TRX has skyrocketed by 45.55%. This uptrend highlights the growing interest and momentum in the market.

Currently, TRX is trading between $0.16 and $0.17. The nearest resistance level is at $0.17, while the nearest support level is at $0.16. If TRX breaks above $0.17, it could test the second resistance level at $0.18. On the downside, if it falls below $0.16, the next support level is at $0.15.

Technical indicators show mixed signals. The relative strength index is at 51.68, indicating neutral momentum. The simple moving averages for both the 10- and 100-day are at $0.18, indicating that the price is slightly below its recent average. The MACD is negative at -0.0003017, indicating possible bearish momentum. However, the overall uptrend over the past six months suggests upside potential if TRX can break above resistance levels.

Conclusion

The crypto market is buzzing with opportunities as XRP leads the way with strong gains, Ondo and TRON show growth potential, and PEPE attracts attention despite many challenges.