A popular analyst says huge gains are still to come for XRP after hitting $1.
However, newer cryptocurrencies like Pepe Unchained and Crypto All-Stars are also poised to explode.
XRP Breaks Resistance With $9 Target
XRP has faced a strong headwind in recent years due to an ongoing lawsuit with the SEC. However, with President-elect Donald Trump’s pro-crypto stance, XRP proponents expect a brighter future.
That’s reflected on its price chart, with momentum visibly shifting from bearish to bullish on multiple time scales.
Notably, a pseudonymous trader with 60K followers on X who goes by “Lucky Chart Ape” noted that XRP had broken a trendline resistance to the upside, with the next price target at $9.
Based on the analyst’s price chart, we could expect XRP to hit this price by March of 2025.
This seems an incredibly high target, given XRP’s already significant market cap of $65 billion.
However, as Ripple CEO Brad Garlinghouse recently highlighted, XRP was the second-largest cryptocurrency before the SEC lawsuit began in 2018.
A Brighter Future: SEC Chair Gary Gensler Expected to Resign
The XRP price chart paints a picture of optimism.
It has broken a downward pattern on a higher time frame and is now looking to move higher. This reflects the market’s sentiment that XRP can begin to fulfill its core utility: a settlement currency for cross-border transactions between financial institutions.
Naturally, institutions have hesitated to adopt XRP given Ripple Labs’ ongoing lawsuit and unclear regulatory framework.
However, Trump’s entrance to the Whitehouse is anticipated to mark SEC Chair Gary Gensler’s departure.
Gensler has spearheaded the legal action against Ripple Labs – alongside many other crypto projects – so this reshuffling is a “breath of fresh air” for crypto investors and the Ripple Labs team alike.
As traders look toward a brighter future for XRP, other cryptocurrencies are also in an advantageous position for growth.
What Other Cryptos Can Pump Amid the Crypto Bull Rally?
While XRP has been strong this week, prudent investors understand that the majority of gains have come from meme coins this year.
With that, two of the best cryptos to buy now are presale tokens, Pepe Unchained and Crypto All-Stars.
Pepe Unchained is building a meme coin-themed Ethereum layer 2 blockchain with 100x faster speeds and much cheaper fees than Ethereum.
Users can seamlessly access it with an Ethereum-based wallet such as MetaMask, making the onboarding process just a couple of clicks for millions of people.
It will include a two-click meme coin generator, a blockchain explorer, a dedicated Ethereum bridge, a decentralized exchange, and more.
They’ve raised a staggering $35 million during the presale, underlining an unprecedented market appetite. However, the presale will end in 25 days.
It has also drawn attention among analysts, with Jacob Bury recently speculating it could 100x in price.
Meanwhile, Crypto All-Stars is an innovative staking protocol that lets users lock their DOGE, SHIB, PEPE, and other meme coins for $STARS rewards. They must hold $STARS to access the platform, and their rewards depend on how much they have.
Through this model, $STARS’ utility-driven demand will grow alongside the platform’s adoption.
The presale is ongoing and has raised $4.2 million so far. The current price is $0.0015806, but this will rise in two days.
