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XRP Up 297% Towards Bitcoin Since Donald Trump Gained The Election: This is Why



XRP’s XRP/USD newest surge follows the SEC acknowledging CoinShares’ spot XRP ETF submitting and Donald Trump’s media submit referencing Ripple’s enterprise—fueling hypothesis about XRP’s position in future crypto adoption.

Cryptocurrency Worth    Market Cap 24-Hour Pattern 7-Day Pattern
XRP XRP/USD $2.69 $155.6 billion +3.5% +10.3%
Bitcoin BTC/USD $97,546.59 $1.93 trillion +1.5% +1.7%
Ethereum ETH/USD $2,747.97 $331.4 billion +1.2% +3.5%

Dealer Notes: Crypto chart analyst Ali Martinez highlights that XRP is forming an ascending triangle, positioning for a breakout that might result in a 26% rally.  

CrediBULL Crypto sees a really perfect setup however warns that XRP/ETH is exhibiting a triple-tap sample, suggesting potential short-term weak spot towards Ethereum. He expects a pullback beneath $2.20 earlier than a stronger transfer.

CryptoBusy believes XRP is forming a bullish inverse head and shoulders on greater timeframes, signaling main upside.

He suggests remaining cautious on watching out for a breakout above the neckline may verify additional upside and believes if resistance holds there might be a consolidation or a pullback.

Statistics: Santiment information exhibits XRP Ledger’s market capitalization is up 9% over the previous week, outperforming a flat crypto market. Since Nov. 11, 2024, XRP has gained 297% towards Bitcoin.

261 new 100,000 XRP wallets have emerged previously ten weeks, signalling rising confidence.

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Picture: Shutterstock

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