馃憠XRP Price Prediction 2025馃敟
As Ripple wins significant scores against the SEC, XRP, now the third largest cryptocurrency by market cap, has shown some astonishing gains in November.
Having passed the $1 mark and now trading at around $2 for the first time since 2018 epic spike, XRP is now poised to climb $10 target, while the XRP community is expecting at least double-digit gains next year. 馃敟馃敟
How will the XRP price move in 2025?
Ripple鈥檚 stablecoin: RLUSD versus USDT
The New York Department of Financial Services (NYDFS) is reportedly close to approving a new stablecoin issued by Ripple, known as RLUSD, according to FOX Business. Ripple is preparing for a possible launch on Dec. 4, pending approval.
Ripple's XRP surged 20% during the Thanksgiving weekend, building on a 200% rise since October and solidifying its position as the fifth-largest cryptocurrency by market capitalization at $108 billion.
Gary Gensler's SEC Departure: News of SEC Chair Gary Gensler stepping down in 2025 has fueled optimism for a more crypto-friendly regulatory environment, benefiting XRP.
Political Shifts: Donald Trump鈥檚 recent election victory has bolstered market sentiment, with expectations of favorable policies for the cryptocurrency sector driving increased interest in XRP.
XRP ETF Speculation: Applications for an XRP ETF by major asset managers, combined with speculation that Gensler鈥檚 departure could improve approval prospects, have attracted heightened institutional interest in the token.
XRP鈥檚 daily relative strength index (RSI) has remained above 70 throughout November, suggesting its current uptrend might be overextended. Historically, XRP tends to undergo sharp corrections after hitting overbought RSI levels.
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