The price of XRP saw a significant increase in early November 2024, but has since slowed down with a 5% loss on the daily chart. The upcoming appeal by the SEC against Ripple Labs and the inauguration of Donald Trump as a pro-crypto figure, along with the resignation of the SEC chairman, Gary Gensler, could impact XRP's price. An AI algorithm predicts that XRP could reach $2.70 by the end of January, representing a 13.92% surge. Technical analysis indicators suggest a bullish trajectory for XRP, and cryptocurrency researchers also foresee a rally to $2.70 or even $2.90 in the coming weeks or days. However, it is important to consider Ripple's $690 million XRP dump, which may counteract bullish moves in the short term.



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