Trump’s Meme Coin Sparks Hope for Ripple’s SEC Victory, here's how

Trump’s Inauguration and XRP Market Movements

On January 18, XRP recorded a slight dip of 0.81%, closing at $3.2668. This came amid broader crypto market volatility, which saw the global market cap drop by 0.32% to $3.56 trillion. XRP’s price fell to a session low of $3.0580 before recovering, reflecting a cautious sentiment ahead of President-elect Donald Trump’s inauguration on January 20.

XRP/USDT 1-hour chart - Bitget

The anticipation of regulatory shifts under the new administration has kept investors on edge, particularly as Trump unveiled a bold crypto initiative.

Trump’s Meme Coin and Pro-Crypto Agenda

President-elect Trump announced the launch of his MemeCoin, a move aligning with his pro-crypto agenda. In a statement, Trump declared:

The timing coincides with Ripple’s SEC appeal and the departure of Gary Gensler as SEC Chair. Pro-crypto advocates, including lawyer Bill Morgan, see this as a potential boost for Ripple’s legal position. Morgan remarked:

Ripple’s ongoing cross-appeal against Judge Torres’ $125 million penalty decision also plays a significant role. The penalty was far below the SEC’s demand, reinforcing Ripple’s position in the case.

Regulatory Shifts: Will the SEC Withdraw its Appeal?

Market optimism rose this week following reports that the SEC may pause or withdraw non-fraud crypto cases. The Ripple case, lacking fraud allegations, could benefit from this development. Trump’s nomination of Paul Atkins, a known crypto advocate, as the new SEC Chair has further fueled optimism. Atkins’ pro-market stance is expected to reshape the SEC’s crypto enforcement strategies.

XRP Price Prediction After Trump's Inauguration

The Ripple vs. SEC case remains pivotal for XRP’s price trajectory . If the SEC pursues its appeal, XRP could retreat toward $2. However, a withdrawal could push XRP above its 2018 all-time high of $3.5505, with the potential to break the $4 mark.

XRP Price Analysis

• Current Price : $3.10
• Support Levels: $3, $2.8, $2.5
• Resistance Levels: $3.3999, $3.5505, $4
• RSI (14-Day): 73.94 (Overbought Territory)

Despite Saturday’s dip, XRP remains bullish, trading above its 50-day and 200-day EMAs. A breakout above $3.3999 could signal a strong upward move, while a drop below $3 might indicate bearish pressure toward $2.5 or $2.

Market Outlook: A Pivotal Year for XRP

XRP’s future depends heavily on regulatory developments and Ripple’s legal outcomes. Trump’s pro-crypto stance and potential changes under a new SEC Chair could redefine the market. Additionally, broader economic and policy trends will shape crypto dynamics in 2025.