XRP Value Could Reach $8.5 If This Assessment and Trump Assurances Materialize

The value of XRP has decreased once more to $2.33 as the cryptocurrency market continues its risk-averse phase of consolidation, fueled by renewed uncertainties regarding the speed and scope of upcoming Federal Reserve interest rate cuts.

Nevertheless, XRP is poised to be among the significant beneficiaries among leading altcoins, with one notable trader speculating about a potential breakout that could elevate the price by 3.5 times, resulting in a market capitalization of $500 billion (i.e., an XRP price of $8.5).

Clarity regarding interest rates remains elusive, yet the cryptocurrency’s sensitivity to developments in this area was once again evident today.

The US ISM services index inflation data showed a rise in prices paid for materials and services, increasing by 6 points to 64.4, driven by strong performance in the most crucial sector of the US economy.

Why the XRP market cap could reach $502 billion

Nonetheless, the anticipated regulatory victories are widely expected to materialize following Donald Trump’s inauguration as US president.

Peter Brandt has identified a half-mast flag pattern on the 1-week chart for XRP, which he suggests could break either upward or lead to “something else to be determined.”

If the pattern resolves positively, a market cap of $502 billion is projected. Conversely, the market cap could revert to the pre-election figure of $28 billion:

Half-mast flags should complete within six weeks; otherwise, they should be viewed with considerable skepticism. This flag in $XRP needs to move soon, or it may likely transform into something else TBD. However, if it completes, a market cap of $500 billion is achievable.

Peter Brandt

It is important to note that the average true range (ATR) measure of volatility has increased over the past eight weeks but has slightly flattened over the last three weeks.

Meanwhile, the average directional index (ADX), which gauges trend strength, appears to be continuing on the path established since the presidential election results in November.

Half-mast flags should complete within six weeks; otherwise, they should be viewed with considerable skepticism. This flag in $XRP needs to move soon, or it may likely transform into something else TBD. However, if it completes, a market cap of $500 billion is achievable pic.twitter.com/c7BHqnQFkP

— Peter Brandt (@PeterLBrandt) January 6, 2025

Looking beyond technical analysis to the crypto policy developments that could drive XRP prices higher

Although the recent surge in Bitcoin’s price has cooled at the start of today’s US session, with the value dropping back below $100,000 after reaching $102,425 on Monday, this is likely a temporary situation as the January 20 inauguration day approaches.

The same applies to the XRP price, which peaked at $2.49 on January 4 and has since retreated to $2.33 today following the inflation shock in services.

Brandt’s technical analysis is merely that, and it does not claim to account for how the cryptocurrency news cycle, accompanying policy announcements, and actual legislative outcomes will impact XRP’s value.

However, the pro-crypto credentials of Trump’s nominees for key financial positions provide the XRP community and all stakeholders in cryptocurrency with ample reasons for optimism.

To remind readers, there are three notable nominations to watch: Secretary of the Treasury (Scott Bessent, former partner at Soros Fund Management and founder of macro investment firm Key Square Group), Secretary of Commerce (Howard Lutnick, CEO of Cantor Fitzgerald), and Securities and Exchange Commission chair (Paul Atkins, CEO of consulting firm Patomak Global Partners).

Additionally, there are the anticipated “words of wisdom” from Trump and Elon Musk that are expected to flow freely and unfiltered, likely providing more market-moving news for bullish investors.

Ripple is positioning to target a total addressable market of $10 trillion

In this context, Ripple CEO Brad Garlinghouse is positioning his company to capture a significant portion of the total addressable market that is emerging for cryptocurrency.

On Sunday, Garlinghouse shared with his 1.8 million followers the HR recruitment efforts Ripple has initiated to prepare for substantial revenue opportunities. Garlinghouse noted that 75% of its open positions are currently in the US and revealed that the company has secured more deals in the past six weeks of 2024 than in the previous six months.

2025 is here, and the Trump bull market is real. For Ripple, this is even more personal after Gensler’s SEC effectively stifled our business opportunities here at home for years. The optimism is evident and well-deserved.
Today:
75% of Ripple’s open roles are currently US-based, while…

— Brad Garlinghouse (@bgarlinghouse) January 5, 2025

We examined LinkedIn to gain insight into Ripple’s hiring. While not all positions Ripple is looking to fill are advertised on LinkedIn, 40 of the 70 roles listed there are based in the US.

We did not review all job specifications, but we noticed that the term ‘tokenization’ appears frequently.

The top position is for a US Policy Manager – which makes sense given the shift in Washington DC, and we speculate it is a c-suite role as it is the only one that does not attach a salary figure to the job description.

Most of the positions are for engineers, but among the senior non-technical roles, Ripple is seeking to hire for two Product Marketing Lead (Institutional) positions. As always, Ripple seems to be thinking big. The description highlights the backstory of Dee Hock:

In 1966, Dee Hock was tasked with overseeing a small Seattle bank’s fledgling credit card program. He realized that the true value of the program was the interchange revenue generated by connecting banks together. For the next decade, Dee invested in the painstaking task of uniting banks – often competitors – within his network. That network became Visa.

…In this role, you will drive Ripple’s go-to-market strategy for its enterprise product suite focusing on digital asset custody and tokenization use cases.

Ripple job description on LinkedIn

Regarding tokenization, tokenizing the dollar is expected to be one of the largest opportunities in finance.

With its RLUSD stablecoin, Ripple is now a significant player in that market, despite the continued dominance of Tether (USDT), its challenges in the European Union, and the presence of Circle’s USDC.

In terms of stablecoin prospects, Ripple announced a partnership with Chainlink today to implement its oracle solution for RLUSD, marking a key development as Ripple expands into DeFi.

.@Ripple x @Chainlink: $RLUSD has adopted the Chainlink standard for verifiable data to drive DeFi adoption with real-time, secure pricing information.
The future of stablecoins is here: https://t.co/mq3cThLGQJ pic.twitter.com/993Ac0o282

— Ripple (@Ripple) January 7, 2025

A report by 21c outlines the bullish case for the total addressable market for tokenization at $10 trillion, based on “derived from the estimated penetration rate of the total addressable market across various asset classes, including non-financial corporate debt, real estate funds, private equity, securities collateral, trade finance, and public debt securities.”

This figure does not encompass the full range of real-world assets (RWA) that could be tokenized when decentralized physical infrastructure networks (DePINs) are included.

Regardless of XRP’s current price, the near-term fluctuations are noise, while the long-term outlook is focused on wealth accumulation. Given the size of the $10 trillion tokenization opportunity, XRP’s price is likely to be trading at significantly higher multiples by the end of the year, if not by the end of this month.

XRP alternatives – Wall Street Pepe ($WEPE) has the Kekius Maximus vibe

Diversification is essential for a successful crypto portfolio. With altcoin season approaching, it is worth considering alternative sources of alpha beyond the large-cap altcoins.

Wall Street Pepe is a meme coin currently in presale that is building a trading community to challenge the whales and level the playing field for smaller investors.

With figures like Elon Musk continuing to spark interest in the Pepe meme – he recently renamed himself on X as Kekius Maximus in reference to the internet’s favorite amphibian – it explains why $WEPE has raised $43 million.

Bulls cheering. Bears trembling. Excellent. pic.twitter.com/xe36w1GnR5

— Wall Street Pepe (@WEPEToken) January 6, 2025

To participate in the $WEPE movement, visit the Wall Street Pepe website. Connect your wallet and purchase $WEPE using ETH or USDT. Credit card payments are also accepted.

$WEPE is featured in the new Web3 wallet Best Wallet in its Upcoming Tokens section.

Thanks to Best Wallet, you will have access to real-time information and market data about Wall Street Pepe directly within the app. Download Best Wallet from Google Play or the Apple App Store.

Additionally, your $WEPE tokens will be displayed in your wallet before the official claim date, providing you with full visibility of your investment.

Join the Wall Street Pepe community on X and Telegram to stay informed about the latest developments.

Other tokens with significant potential returns worth exploring include newly listed meme coins Catslap and Crypto All-Stars – both of which can be purchased in Best Wallet.

Disclaimer: The information in this article is provided for informational purposes only and does not constitute investment advice. Capital is at risk.

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