Ripple CEO Brad Garlinghouse called the optimism around XRP “obvious and very deserved,” crediting the momentum to the “Trump bull market.” He said this marks a significant comeback for Ripple after years of challenges with SEC regulations under Gary Gensler.
Ripple Sees US Growth
In an X post on Sunday, Garlinghouse revealed that Ripple is refocusing on the US market following the political shift after Donald Trump’s election. Currently, 75% of Ripple’s job openings are US-based, a sharp contrast to the past four years when most hiring occurred overseas.
Garlinghouse highlighted that Ripple signed more US deals in the six weeks following Trump’s victory in 2024 than it did in the previous six months.
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He praised “Team Trump” like Scott Bessent, David Sacks, and Paul Atkins for driving crypto growth and creating jobs even before the new administration began. Ripple views this as a key moment for US leadership in crypto.
Ripple (XRP) Price Eyes Critical Levels
After a sharp correction in December following a fivefold rally since Trump’s victory, Ripple (XRP) seems set to regain its upward momentum.
The fourth largest crypto has stalled below the key $3 resistance, entering a consolidation phase between $2 and $3.
During this time, XRP has formed a sideways wedge pattern, finding support at $2 and making a bullish move toward $2.30.
XRP is trading at approximately $2.38 at the time of publication, up 1.7% in the past 24 hours and 14.8% over the past seven days.
Ripple (XRP) price action over the past 24 hours. Source: CoinGecko
XRP faces resistance at $2.45, with more substantial barriers at $2.55. A breakout above $2.55 could push the price toward $2.68, with further upside to $2.73.
On the other hand, if trading volumes stay low, failure to break $2.45 could lead to a pullback, with support levels around $2.20.
Why This Matters
Ripple’s renewed focus on the US market could signal a turning point for XRP price, particularly if regulatory challenges ease. The growing optimism fueled by Trump’s policies and Ripple’s expanding US operations could catalyze increased adoption of XRP, potentially driving its price higher in 2025.
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XRP on the Rise: Technical Indicators Signal Possible Upswing
