XRP has strong reasons to jump 15% higher because market conditions now favor its growth. People with positive views about XRP increased as the token dropped 7% on Monday. SEC enforcement division leader Judge Jorge Tenreiro received a new assignment to the computer systems management department within the agency.
Former SEC Chair Gary Gensler has left his position now and been replaced with Mark Uyeda who came to the Commissioner role from President Trump’s selection pool. The organizational moves create a possible environment that benefits Ripple and its digital asset XRP.
Ripple’s RLUSD expands to 14 exchanges
Under U.S. Crypto Czar David Sacks stablecoin laws take priority and will receive legal guidelines within six months. The RLUSD stablecoin from Ripple shows potential growth due to its recent introduction to 14 exchanges that include Bitstamp, Uphold, and Revolut.
Ripple’s XRP keeps attracting users as confirmed by growing active addresses which stay higher than 2024 levels alongside more investors joining the XRP community through early 2025. Data from DeFiLlama shows that investors still hold $80 million worth of XRP funds on XRPLedger without changing their position.
Traders detected positive Ripple funding rates on Friday following steady negative rates throughout the week before that. Investors need to observe Bitcoin performance because its correlation with Ripple stays at 0.83 across three months.
Key Support and Resistance Levels for XRP
Since January 16 Ripple has shown a downward movement in price and now trades at $2.3986. The data tools show that market conditions are about to shift back in a positive direction. The Relative Strength Index has a value of 37 while pointing upward signaling the start of new upward activity.
The MACD histogram maintains its negative position although its dark bars start fading showing that bearish power weakens. The price of XRP may bounce up by 16% when it breaks through the bottom boundary of its Fair Value Gap zone at $2.7874 and $2.8281.
The market support area stands at $2.1491 because this mark served as the highest trading point of December 31. The majority of traders on Binance and OKX who hold long positions and short positions believe that Ripple will increase further in value. According to Coinglass data the trading volume for Ripple options is currently more than $3.6 billion.
