{"id":618246,"date":"2025-01-15T08:55:19","date_gmt":"2025-01-15T08:55:19","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=618246"},"modified":"2025-01-15T08:55:19","modified_gmt":"2025-01-15T08:55:19","slug":"xrp-price-prediction-xrp-surges-11-as-ripple-slams-gary-gensler-and-sec-while-traders-eye-this-crypto-wallet-token-presale-with-263-apy","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/xrp-price-prediction-xrp-surges-11-as-ripple-slams-gary-gensler-and-sec-while-traders-eye-this-crypto-wallet-token-presale-with-263-apy","title":{"rendered":"XRP Price Prediction: XRP Surges 11% As Ripple Slams Gary Gensler And SEC, While Traders Eye This Crypto Wallet Token Presale With 263% APY"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The XRP price surged 11% in the last 24 hours to trade at $2.7998 as of 11:19 p.m. EST on trading volume that surged 9% to $9.8 billion.<\/span><\/p>\n<p>This surge follows criticism from Ripple executives over the SEC&rsquo;s refusal to postpone its appeal filing in the ongoing legal battle against the blockchain company, despite the impending resignation of Chair Gary Gensler on Jan. 20.<\/p>\n<p>Ripple&rsquo;s chief legal officer, Stuart Alderoty, labeled the decision a &ldquo;waste of time and taxpayer dollars&rdquo; but expressed confidence in their position on appeal.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">On January 20, Gensler&rsquo;s war on crypto ends at the SEC. We asked the SEC to agree to postpone the filing of their opening brief in their appeal of our victory (current deadline Jan 15) &ndash; and they refused. What a waste of time and taxpayer dollars! <\/p>\n<p>Nevertheless, we are confident&hellip;<\/p>\n<p>&mdash; Stuart Alderoty (@s_alderoty) <a href=\"https:\/\/twitter.com\/s_alderoty\/status\/1879215359238262875?ref_src=twsrc%5Etfw\">January 14, 2025<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The case, initiated in 2020, centers on claims that Ripple used XRP as an unregistered security. CEO Brad Garlinghouse hinted at a potential shift in the SEC&rsquo;s crypto enforcement strategy under new leadership, with former commissioner Paul Atkins being considered as Gensler&rsquo;s successor.<\/p>\n<h2>XRP Price Aims For A Breakout<\/h2>\n<p><span style=\"font-weight: 400;\">The <\/span><a href=\"https:\/\/www.coingecko.com\/en\/coins\/xrp\"><span style=\"font-weight: 400;\">XRP price<\/span><\/a><span style=\"font-weight: 400;\"> has shown significant bullish momentum over the last few months. A strong uptrend can be observed, characterized by the marked surge from below $0.60 to near $3.00 in a short period.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">XRP recently broke out of a consolidation zone around $2.00-$2.74, signifying renewed bullish interest.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The current XRP price of $2.7998 is flirting with the key psychological resistance level of $3.00, a point where buyers and sellers may face off heavily, according to data from <\/span><a href=\"https:\/\/www.geckoterminal.com\/bsc\/pools\/0xd15b00e81f98a7db25f1dc1ba6e983a4316c4cac\"><span style=\"font-weight: 400;\">GeckoTerminal<\/span><\/a><span style=\"font-weight: 400;\">.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Ripple token price is also supported by the 50-day Simple Moving Average (SMA) at $2.3152, which has acted as dynamic support during minor pullbacks. This indicates that buyers are stepping in on dips, reinforcing the bullish structure.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Furthermore, the 200-day SMA rage at $1.036 is trending upwards but remains far below the price, underscoring the strong long-term bullish trend.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Moreover, the Relative Strength Index (RSI) is currently at 67.70, approaching the overbought territory. This suggests strong bullish momentum but warns of a potential short-term correction if overbought conditions persist.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, as the RSI is not yet overextended, the price of XRP still has room to climb further.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Moving Average Convergence Divergence (MACD) line (blue) is trading above the signal line (orange), with both lines in positive territory.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This indicates bullish momentum remains intact. The widening gap between the MACD and signal lines supports the idea of further upward movement.<\/span><\/p>\n<figure id=\"attachment_618247\" aria-describedby=\"caption-attachment-618247\" style=\"width: 1636px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"size-full wp-image-618247\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/XRP_2025-01-15_07-19-27.png\" alt=\"XRP Price Prediction\" width=\"1636\" height=\"666\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/XRP_2025-01-15_07-19-27.png 1636w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/XRP_2025-01-15_07-19-27-300x122.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/XRP_2025-01-15_07-19-27-1024x417.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/XRP_2025-01-15_07-19-27-768x313.png 768w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/XRP_2025-01-15_07-19-27-1536x625.png 1536w\" sizes=\"(max-width: 1636px) 100vw, 1636px\"><figcaption id=\"caption-attachment-618247\" class=\"wp-caption-text\">XRP\/USD Price Chart. Source: GeckoTerminal.com<\/figcaption><\/figure>\n<h2>Ripple Token To Sustain Its Bullish Trajectory<\/h2>\n<p><span style=\"font-weight: 400;\">The Ripple token price is likely to continue its bullish trajectory in the short term, especially if it can break and hold above the $3.00 resistance level.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A successful breakout would open the door for a move towards $3.50 or even $4.00 in the coming weeks<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Conversely, if a correction occurs, the price of XRP could be limited to the $2.50-$2.00 support zone, where buyers could re-enter the market, providing another opportunity for upward continuation. The 50-day moving average at $2.3152 will be a key level to watch in this scenario.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As the XRP price surges, investors are also rushing to buy <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/bestwalletpresale\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Best Wallet (BEST)<\/span><\/a><span style=\"font-weight: 400;\">, which Crypto Gains, a YouTuber with more than 144K subscribers, says has the potential to soar 10X after launch.<\/span><\/p>\n<p><iframe title=\"&#128293; Best Wallet: Token Presale! It's Like Investing In Metamask If That Had A Coin! EASY 10X?\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/jN9c2Jh36DY?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h2>Best Wallet Presale Surges Past $7 Million Milestone<\/h2>\n<p><span style=\"font-weight: 400;\">If you&rsquo;re seeking a comprehensive cryptocurrency platform for buying, selling, trading, swapping, and storing your digital assets, the Best Wallet (BEST) app could be an excellent choice.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Best Wallet boasts enhanced transactional capabilities, integrating over 200 decentralized protocols and 20 cross-chain bridges. With over 100,000 monthly users and strong security, Best Wallet continues to bolster its credibility.&nbsp;<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Join Best Wallet and gain all the tools you need to stay ahead. &#128142;<\/p>\n<p>With features like exclusive access to Upcoming Tokens and rewards for early adopters, it&rsquo;s no surprise we&rsquo;re the fastest-growing crypto wallet.<\/p>\n<p>Download now &#128242; <a href=\"https:\/\/t.co\/he5kzra7TY\">https:\/\/t.co\/he5kzra7TY<\/a> <a href=\"https:\/\/t.co\/xf2pY03CZw\">pic.twitter.com\/xf2pY03CZw<\/a><\/p>\n<p>&mdash; Best Wallet (@BestWalletHQ) <a href=\"https:\/\/twitter.com\/BestWalletHQ\/status\/1868627231741808886?ref_src=twsrc%5Etfw\">December 16, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">Thanks to Alchemy Pay and MoonPay partnerships, users can easily swap their holdings for 100 fiat currencies, with funds directly deposited into their bank accounts.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">One of its standout features is the &ldquo;Upcoming Tokens&rdquo; section, which flags the most promising new cryptocurrency presales for users. This enables traders to explore whitepapers, purchase tokens, and track updates. With an already stellar track record, it continues to gain attention.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The screener has made successful calls for tokens that include<\/span>&nbsp;<a href=\"https:\/\/insidebitcoins.com\/visit\/pepeunchained\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Pepe Unchained ($PEPU)<\/span><\/a><span style=\"font-weight: 400;\"> and <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/catslap\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Catslap ($SLAP)<\/span><\/a><span style=\"font-weight: 400;\">, both of which soared after launch.&nbsp;<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">&#128142; What can holding <a href=\"https:\/\/twitter.com\/search?q=%24BEST&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BEST<\/a> unlock for you? &#128142;<a href=\"https:\/\/twitter.com\/search?q=%24BEST&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BEST<\/a> isn&rsquo;t just a token&mdash;it&rsquo;s your key to maximising everything Best Wallet has to offer:<\/p>\n<p>&#10004;&#65039; Get early access to new projects<br>&#10004;&#65039; Reduced transaction fees<br>&#10004;&#65039; Enjoy higher staking rewards<br>&#10004;&#65039; Exclusive token airdrops<\/p>\n<p>Download Now &#128242;&hellip; <a href=\"https:\/\/t.co\/JpnCMgWQjc\">pic.twitter.com\/JpnCMgWQjc<\/a><\/p>\n<p>&mdash; Best Wallet (@BestWalletHQ) <a href=\"https:\/\/twitter.com\/BestWalletHQ\/status\/1871179220862353497?ref_src=twsrc%5Etfw\">December 23, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">The wallet also enables users to stake their BEST tokens for a huge 263% annual return.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The $BEST token presale has already raised over $7.1 million, showcasing the immense demand for the platform.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You can get into the project early by buying the $BEST Token today for just $0.0236. Interested investors should secure tokens before the next price increase in less than 20 hours.<\/span><\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/visit\/bestwalletpresale\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Visit Best Token<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h2>Related News<\/h2>\n<ul>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/4-things-to-know-about-wall-street-pepe-presale-as-fomo-soars-ahead-of-tier-1-exchange-listings\"><span style=\"font-weight: 400;\">4 Things To Know About WEPE Presale As FOMO Soars Ahead Of Exchange Listings<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/solana-price-prediction-sol-jumps-2-as-this-new-layer-2-crypto-presale-surpasses-10-3-million\"><span style=\"font-weight: 400;\">&nbsp;SOL Jumps 2% As This New Layer-2 Crypto Presale Surpasses $10.3 Million<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a 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<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"fin-excerpt\">The XRP price surged 11% in the last 24 hours to trade at $2.7998 as of 11:19 p.m. EST on trading volume that surged 9% <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/in-content-providers\/best-wallet\" title=\"Best Wallet\">[&#8230;]<\/a><\/div>","protected":false},"author":1907,"featured_media":618250,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-618246","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>XRP Price Pumps 11% As Traders Flock To Buy This Crypto Wallet<\/title>\n<meta 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