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Coin Edition 2025-01-20 10:50:00

XRP Price Prediction for January 21: Market Sentiment and Forecast

XRP rebounded from the $2.90 price level and is back above $3. The RSI indicator is overwhelmingly positive for the XRP price action. Possible approval of an XRP ETF and Trump’s Inauguration Day could push XRP higher. XRP, with a market cap of $182 billion, is staying steady above the $3 price level, despite a 1.53% dip in the past 24 hours. The token briefly touched a low of $2.90 but regained momentum to trade at $3.16, according to CoinMarketCap data . Today marks President-elect Donald Trump’s inauguration day, a significant event fueling optimism across the crypto market. Analysts suggest XRP, HBAR, and ADA, issued by U.S.-based companies are to benefit the most under the pro-crypto administration of Donald Trump. The prospect of an XRP exchange-traded fund (ETF) approval is also factor driving bullish sentiment. Additionally, significant downtimes for Solana (SOL), a rival to the XRP Ledger, further strengthened XRPL’s position. Notably, Solana faced disruptions following the launch of Trump’s meme coins, TRUMP and MELANIA, which placed added stress on the blockchain. XRP community members on X highlighted this downtime for Solana, empha… The post XRP Price Prediction for January 21: Market Sentiment and Forecast appeared first on Coin Edition .

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