Ripple's XRP is making headlines as it reaches a three-year high of $1.67 on November 29. Some analysts are optimistic that the price could hit a new all-time high before Christmas, but this depends on several factors.

- Changes in leadership at the SEC could impact the price of XRP. The current chairman, Gary Gensler, will step down in January 2025, raising hopes for a more crypto-friendly leadership.

- Overall market sentiment also plays an important role. Despite recent adjustments, the market remains quite optimistic with Bitcoin and Ethereum reaching new highs.

- The launch of Ripple's RLUSD stablecoin could be a driving factor for XRP's price, but it still requires approval from NYDFS.