๐ XRP and Christmas: Is There a Special Gift?
- XRP caused a stir with its highest price in the last three years, reaching $1.67 on November 29. Some analysts are optimistic that it could reach a new record before Christmas. ๐
- But can it pass $3.84? Many factors influence, including the change of leadership at the SEC. Current Chairman Gary Gensler will step down in January 2025. Who knows, the new leader might be more crypto-friendly?
- Market sentiment is also important. Despite the correction, the crypto market is still bullish with Bitcoin above $95,000 and Ethereum approaching $3,700.
- Don't forget RLUSD, Ripple's stablecoin that could be a driver of XRP's price. However, it is still waiting for the green light from NYDFS.
What do you think? Let's discuss in the comments column!