#XRP’ , a cryptocurrency developed by Ripple Labs, is one of the leading digital assets in the market. As of December 24, 2024, XRP is trading at approximately $2.31.

Technical Analysis:

#XRP’ recently broke a downtrend that has been going on since 2018, which could indicate a potential price increase. Analysts point to possible target levels of $1.88, $5.85, and $18.22, based on Fibonacci extension levels.

Fundamental Factors:

Regulatory Changes: The announcement of the possible resignation of SEC Chairman Gary Gensler and speculation about the appointment of blockchain technology advocate Brian Brooks could have a positive impact on the XRP market.

Market Trends: Bitcoin's rise above $98,000 fuels interest in altcoins, including #XRPUSDT🚨

Disclaimer:

Investing in cryptocurrencies carries a high level of risk. It is recommended that you conduct your own research and consult with financial experts before making any investment decisions.