The prediction that XRP will hit $4 based on Gensler's resignation and possible regulatory changes with Trump's arrival lacks solid foundations for several reasons:
Analysis of its foundations:
1. Regulations and Gensler’s Resignation:
It is true that a decrease in regulatory pressure could benefit XRP and the crypto market in general, but these situations do not guarantee specific price movements.
Markets are influenced by multiple factors such as adoption, volume, and supply and demand dynamics, beyond regulatory decisions.
2. Impact of Presidential Policies:
Although a pro-crypto administration could be favorable, the effects are not immediate and do not guarantee a rally. Cryptocurrency prices depend more on technical factors, fundamentals, and the general market sentiment.
3. Absence of Technical or Fundamental Data:
Technical indicators, institutional adoption, strategic agreements, or an increase in transaction volume are not mentioned, which are more relevant factors to support a move to $4.
My opinion:
Saying that XRP will reach $4 based solely on political and regulatory speculation is unreliable. These situations could have a positive impact, but they are not enough to predict a specific price without analyzing the complete market context.
Stronger factors to consider for XRP:
Adoption: Partnerships like those of Ripple with banks or financial institutions.
Demand: Increase in the volume of real transactions on the XRP network.
Technical analysis: Resistance and support in the current chart.
Conclusion:
It is better to avoid predictions based on political speculation and focus on more comprehensive analysis that includes technical, fundamental, and market sentiment data. If you wish, I can help you build a deeper analysis to understand XRP's behavior.
