Key Takeaways
- Whale activity for XRP reaches a new high ahead of Trump’s swearing-in ceremony, and crypto analysts expect a rally from XRP.
- Ripple (XRP) rallied over 300% post-US election. Will the price rally the same after Trump’s inauguration for a $5 XRP?
- XRP trades above key $2 support as bulls remain dominant over price with hopes of a higher price rally.
| Token Name | Ripple (XRP) |
| Current Price | $2.4 |
| Market Capitalization | $137.8B |
| Total Circulating Supply | 57.49B XRP |
| Daily Support | $2 |
| Weekly Support | $2 |
| 1 Year Performance | 317% |
Donald Trump’s Inauguration is just a week away, and there is high hope that the crypto market will perform before he wins the US election. Many altcoins, such as Ripple (XRP) and Bitcoin, have witnessed a great price rally, hitting new highs since the concluded US election, in which Donald Trump triumphed with a landslide.
The past two weeks have been less volatile for the cryptocurrency market. Low lows have been recorded across the market as the price of Bitcoin and altcoins has dropped by over 30%. Ripple (XRP) and other altcoins are currently trading at key support and demand levels, but of keen interest is XRP, as whales have begun building strong positions ahead of Donald Trump’s swearing-in on January 20th, 2025.
There have been positive dispositions regarding Trump’s Inauguration. Crypto analysts and investors believe XRP will outperform the cryptocurrency market in the coming few days, with its price looking more promising compared to the rest of the crypto market.
Ripple (XRP) Price Prediction For The Week And 2025
Source – XRP Price Action Ahead Of Trump’s Inauguration From TradingView
Donald Trump’s swearing has been welcomed with much expectation. Investors and crypto experts expect favorable policies that would lead to widespread adoption in the crypto space, which would positively affect top crypto assets such as XRP.
As many crypto experts are anticipating, is XRP gearing up to January 20? This is not 100% certain, but the price of XRP has demonstrated strong bullish potential in the last few hours as the price of XRP rallied to a high of $2.5 before dropping towards $2.34.
The price of XRP currently trades above key daily support, which protects it from being dominated by bears. If the price of XRP rallies from this region to the upside after Donald Trump’s inauguration ceremony, we could see the price go higher to a region of $3.5 and possibly $5. With the price of XRP trading above $2, the bulls continue to dominate, with much whale activity for XRP hitting new highs in the past few days as XRP’s price is expected to resume its bullish rally.
The key region of interest for the XRP price in the next few days remains $2. Bulls protecting this region will give whales more reason to buy into XRP heading into Donald Trump’s inauguration ceremony.
