SOMETHING 🔥 New is HERE🤑🤑🤑🔥🔥XRP is on a roll, with a 76% surge in the past week, bringing it closer to overtaking Binance Coin (BNB) in market capitalization.¹ The gap between XRP and BNB's market cap is now just $3 billion, with XRP's market cap standing at $89 billion.²
XRP's price has broken out of a strong resistance level at $1.38, and technical analysis suggests it could soar by 35% to reach the $2 level. The Relative Strength Index (RSI) is currently at 91.34, indicating an overbought condition, but the upward trend suggests XRP could push past $2 if the broader cryptocurrency market remains bullish.
The recent resignation announcement of SEC Chair Gary Gensler and positive market sentiment have contributed to XRP's rally. Additionally, on-chain metrics show that XRP's exchange reserves are declining, indicating that more investors are accumulating the token.
It's worth noting that Donald Trump's plan to eliminate capital gains taxes on U.S.-issued cryptocurrencies, including XRP, could further boost the token's price.³#xrp #news #bnb #bin