Bitcoin 
$75,017After breaking a new record by exceeding $76,000, the XRP price increased by 2.8%. This increase was also affected by the general market rise. Famous crypto influencer BitBoy predicted that there could be a huge increase in the price of XRP if US President Donald Trump dismisses SEC Chairman Gary Gensler.
XRP Coin May Rise
Trump’s victory, Ripple 
$0.552813 It points to important developments for Many crypto commentators and community members are demanding that Trump fire Gensler. It is thought that this demand may have a positive impact on XRP.
Popular crypto analyst Ben (BitBoy) Armstrong stated that XRP could be among the top 100 coins that will gain the most value. In a previous interview, BitBoy stated that the trend towards XRP will increase in the next cycle and that it will be the best asset.
Statements of Ripple CEO
On November 11, Ripple CEO made statements on the X platform to congratulate Trump on his victory. Here he proposed immediately dismissing Gensler. He also said that Christopher Giancarlo, Daniel Gallagher or Brian Brooks should replace Gensler.
“@realDonaldTrump, Congratulations! Some items on the first 100-day checklist: – Fire Gensler immediately. – You can appoint Giancarlo, Brooks or Gallagher instead. “This would be a big step towards rebuilding legislation.”
Speculation suggests the SEC may appoint Mark Uyeda instead of Gary Gensler. Uyeda is expected to replace Hester Peirce (known as Crypto Mom), who was previously appointed by Trump.
XRP price gained 6% last week to reach a new high and is currently hovering around $0.5515. Technical analysis indicators show that volatility is increasing and XRP has the potential to surpass the resistance level. The RSI indicator indicates that the price is close to the overbought zone.
The bullish scenario suggests that if XRP breaks the $0.55 resistance, it could rise as high as $0.66 in the short term. If it breaks above this level, it could reach its target of $0.94 or even $1. However, if the price falls below $0.5, current optimistic predictions may be invalidated.
The future of XRP seems to be shaped by possible changes in the SEC and overall market dynamics. Investors continue to determine their strategies by following these developments closely.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
