XRP has been on an impressive run over the past couple of weeks, sparking excitement in the crypto community. One of the key drivers behind this surge is the potential departure of Gary Gensler from the SEC. Many believe his exit could positively impact XRP’s ongoing legal battle, paving the way for more favorable conditions.
### Key Highlights:
- Price Surge: XRP has seen a significant increase, driven by speculation about regulatory changes.
- Resistance Levels: Currently testing key resistance levels around $1.11 and $1.26.
- Future Targets: If XRP breaks through these levels, the next major targets could be $1.59 and even $1.95.
### Why This Matters:
- Regulatory Shift: A change in SEC leadership could bring a fresh perspective to XRP’s legal challenges.
- Market Confidence: The ongoing legal battle has weighed on XRP's price, but a favorable outcome could boost investor confidence.
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