XRP had a wild ride on November 14, 2024, starting at $0.6901 and rocketing to a six-month high of $0.8477! Investors were buzzing, thanks to rumors about SEC Chair Gary Gensler stepping down. If true, this could flip the SEC’s crypto stance, possibly even leading to a dropped appeal in the Ripple case. Naturally, this fired up bullish vibes and drew tons of attention to XRP.
On the charts, XRP smashed through major resistance levels, signaling a strong uptrend. But before popping the champagne, analysts warn that its RSI is in “overbought” territory, meaning a cool-off or slight pullback might be around the corner.
What’s next? XRP’s fate hinges on big moves like institutional adoption and the Ripple-SEC showdown. If the stars align, $1 isn’t out of reach soon. But let’s keep it real—without steady support, this rocket ship might not stay in orbit for long. #xrp #XRP_ETF #CryptoNewss $XRP