Pro-XRP lawyer Bill Morgan suggests XRP could rally to $1.35, fueled by speculation that Donald Trump may eliminate capital gains tax on US-issued crypto. This news has generated optimism among market participants.
• Impact: Bullish sentiment could drive prices higher if the speculation gains traction.
2. Analyst Predicts Significant Price Explosion
• Source: Top Analyst: Tired of the XRP
Hype,
Despite recent price fluctuations, analysts indicate a critical price squeeze for XRP, suggesting a potential rally to $4 or even $8 if it surpasses Key Resistance Levels for XRP
The key resistance level for XRP is currently at $0.8621. This is the price point where selling pressure may increase, potentially hindering upward movement.
• Resistance Level: $0.8621
• Support Level: $0.6982 (for reference)
$XRP