Ripple CEO for joining Trump Council Crypto? XRP Prediction Prices Hits $ 5.5
![Ripple CEO for joining Trump Council Crypto? XRP Prediction Prices Hits $ 5.5 1 Ripple CEO for joining Trump Council Crypto? XRP Prediction Prices Hits $ 5.5](https://cryptify.ws/wp-content/uploads/2025/02/Ripples-CEO-Join-Trumps-Crypto-Advisory-Council-Can-Skyrocket-XRP-to-5.5.webp-780x470.webp)
Geple Ce Brad Garlinghouse, is reportedly considered a key role in American counselor in the United States President Donald Trump. This news was caused by the excitement in Cripto Community, with many wondering if it could encourage the price of the KSRP as much as $ 5.5.
Trump’s Chamber for crypto and its influence
The councilor, created by an executive order during Trump’s first week back in operation, is expected to play a major role in the shaping of American cryptocurnancy regulations. If Garlinghouse joins, it can affect policies that affect the future of Ripple and XRP.
XRP ETF approval in sight?
Adding a Bikovski feeling, the possibility of a Spot XRP ETF Approval gets attention. Leading financial firms like a doubles, Vistutrees and Greiscale have already submitted applications. If approved, these ETFS could bring institutional investors in the KSRP market, increasing demand and potential ride prices higher.
Reports suggest Gurflac He advocated the inclusion of KSRP together with Bitcoin American strategic reserves. If this happens, it could further establish the importance of the KSRP in the financial system.
In addition to this growing demand for Ripple Blockchain technology among financial institutions for cross-border payments. This growing adoption of Ripple solutions is another strong indicator of the Potential of the KSRP for long-term growth.
XRP price Outlook-Key Levels for viewing
CSRP currently trades around $ 2.42, showing a slight increase in the last 24 hours, in line with the wider movement of the market. The token is in the consolidation phase, holding support to $ 2 while facing resistance to $ 2.90.
The key factor that needs to be watched is whether the KSRP can remain above the 50-day SMA. If it does, the price could get the momentum, targeting the level of fibonacci to $ 3.52, $ 4.52 and possibly $ 5.5. However, if support stops, XRP can fall, with a 200-day SMA to $ 1.32, which acts as a crucial level.
With Garlinghouse potentially taking a regulatory role, the KSRP ETF logins in progress and growing institutional use of Ripple technology, the KSRP’s future looks promising. Whether these factors will push XRP for $ 5.5 stays to be seen, but market excitement is to build.
http://image.coinpedia.org/wp-content/uploads/2025/02/07192401/Ripples-CEO-Join-Trumps-Crypto-Advisory-Council-Can-Skyrocket-XRP-to-5.5.webp
2025-02-07 16:13:00