$XRP - ANALYSIS 🔥🐼 PUMP COMING ? 😱

As of Today , XRP is showing strong bullish momentum with the price currently Trading around $0.87$ , and has been outperforming the broader cryptocurrency market.

This price surge comes amid key developments, including a potential shift in the leadership at the U.S. Securities and Exchange Commission (SEC). Gary Gensler’s hints at stepping down could signal a more crypto-friendly regulatory environment, which is providing optimism for Ripple and other crypto projects under SEC scrutiny  .

Technically

XRP recently broke significant resistance levels, including a six-year trendline, and is now targeting higher price points around $0.91, which aligns with its Fibonacci retracement level. The surge has been driven by both strong market fundamentals and technical breakthroughs, suggesting a potential for continued upward movement  .

In addition to the regulatory developments, XRP’s solid performance is supported by healthy trading volumes, with whales and institutional investors showing increased activity . If this momentum continues, XRP could see a price increase of up to 20% in the near term, possibly reaching levels near $1 .