{"id":624546,"date":"2025-02-06T14:26:43","date_gmt":"2025-02-06T14:26:43","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=624546"},"modified":"2025-02-06T14:26:43","modified_gmt":"2025-02-06T14:26:43","slug":"xrp-price-prediction-as-ripple-exec-jokes-that-top-sec-lawyer-may-become-a-movie-critic-traders-pile-into-this-5-2m-ai-agent-ico","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/xrp-price-prediction-as-ripple-exec-jokes-that-top-sec-lawyer-may-become-a-movie-critic-traders-pile-into-this-5-2m-ai-agent-ico","title":{"rendered":"XRP Price Prediction: As Ripple Exec Jokes That Top SEC Lawyer May Become A Movie Critic, Traders Pile Into This $5.2M AI Agent ICO"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The XRP price dropped 3% in the last 24 hours to trade at $2.448 as of 03:32 a.m. EST on trading volume that plunged 31% to $6.3 billion.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This come as Jorge Tenreiro<\/span><span style=\"font-weight: 400;\">, a lawyer who has been leading US Securities and Exchange Commission (SEC) enforcement efforts against the crypto industry, was demoted to a role in its IT office after the regulatory overhaul that&rsquo;s begun under President Donald Trump.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Ripple executives, who have been in a long-running legal battle with the SEC, gloated over the development on social media. Ripple&rsquo;s chief technology officer David Schwartz joked that Tenreiro might become a movie critic.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">I'll bet money he quits the SEC to become a movie critic.<\/p>\n<p>&mdash; David \"JoelKatz\" Schwartz (@JoelKatz) <a href=\"https:\/\/twitter.com\/JoelKatz\/status\/1887308974770286743?ref_src=twsrc%5Etfw\">February 6, 2025<\/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;\">Stuart Alderoty, Ripple&rsquo;s top lawyer, joked that Tenreiro had been reassigned to Macrodata Refinement, referring to the department where workers have to classify numbers with seemingly little purpose in the hit TV show &ldquo;Severance.&rdquo;<\/span><\/p>\n<h2><b>Ripple Token Price Shows Signs Of A Rebound<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The XRP price has followed a classic Elliott Wave structure, marking impulsive waves and corrective phases.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The third wave (3) reached a strong peak before encountering resistance and forming a correction into the fourth wave (4).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This correction has touched the 50-day Simple Moving Average (SMA), which is currently acting as dynamic support, according to data from <a href=\"https:\/\/www.geckoterminal.com\/bsc\/pools\/0x0adaf134ae0c4583b3a38fc3168a83e33162651e\">GeckoTerminal<\/a>.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Ripple token price previously formed a bullish flag between waves (1) and (2), leading to another impulsive rally. The recent drop to wave (4) tested the horizontal support level, and the price may recover from this level.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meanwhile, the key resistance remains near the previous high around $3.36, which aligns with the Elliott Wave projection. If the XRP price action follows the anticipated wave (5), a breakout above this level could lead to further upside momentum.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The 200-day SMA ($1.3101) remains far below the current price, suggesting that the long-term bullish trend is intact.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meanwhile, the Relative Strength Index (RSI) is currently at 38.36, indicating that the price is approaching the oversold territory. This could mean that selling pressure is weakening, and a reversal could be near.<\/span><\/p>\n<figure id=\"attachment_624559\" aria-describedby=\"caption-attachment-624559\" style=\"width: 1637px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"size-full wp-image-624559\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/XRP_2025-02-06_11-32-04.png\" alt=\"XRP Price Chart Analysis. Source: GeckoTerminal\" width=\"1637\" height=\"666\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/XRP_2025-02-06_11-32-04.png 1637w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/XRP_2025-02-06_11-32-04-300x122.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/XRP_2025-02-06_11-32-04-1024x417.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/XRP_2025-02-06_11-32-04-768x312.png 768w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/XRP_2025-02-06_11-32-04-1536x625.png 1536w\" sizes=\"(max-width: 1637px) 100vw, 1637px\"><figcaption id=\"caption-attachment-624559\" class=\"wp-caption-text\">XRP Price Chart Analysis. Source: GeckoTerminal<\/figcaption><\/figure>\n<h2><b>XRP Price Prediction<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Given the Elliott Wave structure, the XRP price could be aiming at forming the fifth impulsive wave, which could push XRP toward the next major resistance near $3.50&ndash;$4.00. However, to confirm this move, the price of XRP must break above the $2.80&ndash;$3.00 resistance zone<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Conversely, if the price of the Ripple token fails to hold above the 50-day SMA, another retest of $2.00 could occur before a further breakout. Furthermore, if XRP respects the movement of the rounding top pattern, the next major support could be around $1.5 in the long term.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meanwhile, investors are also snapping up a new Pepe AI agent hybrid that&rsquo;s in presale called <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/mindofpepe\" rel=\"nofollow\"><span style=\"font-weight: 400;\">MIND of Pepe (MIND)<\/span><\/a><span style=\"font-weight: 400;\">. 99Bitcoins, a popular crypto channel on YouTube with over 724K subscribers, says MIND has the potential to soar 20X after its launch.<\/span><\/p>\n<p><iframe title=\"Mind Of Pepe Combines The Best Of Meme Coins With AI Agents! Huge 20x Potential!?\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/RFWgQrus1Y8?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><b>MIND of Pepe Presale Amasses Over $5.2 Million In Presale<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The MIND of Pepe presale is soaring ahead as its total raise closes in on the $5.5 million mark.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">MIND introduces an independent AI agent that scans social media platforms like X for emerging market trends and then shares its findings with token holders to help give them an edge.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">It Is Pepe's World Now. <a href=\"https:\/\/twitter.com\/search?q=%24MIND&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$MIND<\/a> <a href=\"https:\/\/t.co\/x63eC7VtKn\">pic.twitter.com\/x63eC7VtKn<\/a><\/p>\n<p>&mdash; MIND of Pepe (@MINDofPepe) <a href=\"https:\/\/twitter.com\/MINDofPepe\/status\/1887309592381866280?ref_src=twsrc%5Etfw\">February 6, 2025<\/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;\">Unsurprisingly, MIND has already been added to the &ldquo;Upcoming Tokens&rdquo; list on <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/bestwallet\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Best Wallet (BEST)<\/span><\/a><span style=\"font-weight: 400;\">, a platform known for identifying red-hot tokens like <\/span><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 experienced exponential rallies after their launch.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">&#128680; <a href=\"https:\/\/twitter.com\/search?q=%24MIND&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$MIND<\/a> is Now Live in Upcoming Tokens! &#128680;<a href=\"https:\/\/twitter.com\/MINDofPepe?ref_src=twsrc%5Etfw\">@MINDofPepe<\/a> leverages the power of AI to help users identify new trends and exciting opportunities. The self-evolving AI agent interacts across platforms to deliver real-time updates.<\/p>\n<p>Built on Ethereum, <a href=\"https:\/\/twitter.com\/search?q=%24MIND&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$MIND<\/a> offers holders exclusive&hellip; <a href=\"https:\/\/t.co\/uyXFpYka5p\">pic.twitter.com\/uyXFpYka5p<\/a><\/p>\n<p>&mdash; Best Wallet (@BestWalletHQ) <a href=\"https:\/\/twitter.com\/BestWalletHQ\/status\/1879134007696535587?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><span style=\"font-weight: 400;\">Currently, MIND tokens are priced at $0.0032662. Presale participants also have the opportunity to stake MIND and earn an average annual yield of a huge 436%.<\/span><\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/visit\/mindofpepe\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Buy MIND here before a price hike in about 12 hours.<\/span><\/a><\/p>\n<h2><strong>Related News&nbsp;<\/strong><\/h2>\n<ul>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/ai-agent-crypto-mind-of-pepe-surges-past-5m-in-presale-in-just-three-weeks\"><span style=\"font-weight: 400;\">AI Agent Crypto MIND Of Pepe Surges Past $5M In Presale<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/best-trump-crypto-coins-to-buy-maga-official-trump-super-trump-coin\"><span style=\"font-weight: 400;\">Best Trump Crypto Coins to Buy &ndash; MAGA, Official Trump<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/floki-price-prediction-floki-plummets-5-as-investors-shift-to-this-ai-pepe-thats-raised-5-2-million-in-presale\"><span style=\"font-weight: 400;\">FLOKI Plummets 5% As Investors Shift To This AI Pepe<\/span><\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">Newest Meme Coin ICO - 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