Technical analysis by paul_endeo about Symbol XRP: Buy recommendation (3/24/2025)

paul_endeo

Short-term charts depict XRPXRP as highly volatile and, at times, disappointing. Despite favorable external factors, the token has gained only 14.96% over the past year. However, the long-term outlook tells a different story—XRP is up 277.50% year-over-year and 385.54% since Donald Trump's pivotal re-election.XRP’s market capitalization reflects this surge, skyrocketing by approximately $107.6 billion from $34.7 billion to $142.34 billion. The impact of Trump’s November victory is even more pronounced, with XRP’s market cap jumping $113.7 billion from 28$28.6 billion since November 5.Most of these gains occurred before January 20, when the most crypto-friendly president in history took office, and SEC hardliner Gary Gensler stepped down—marking a turning point for regulatory sentiment toward digital assets.