Gary Gensler Resigns as SEC Chair
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Gary Gensler Farewell Speech Date & Time: Will XRP Price Hike or Crash? | CoinGape
68% Informative
Gary Gensler's resignation as SEC Chair raises investors' anticipation of regulatory shift and XRP price rally.
Ripple token created a seven-year high before consolidating significantly today .
At present, XRP trades at $ 3.15 after a 6% price consolidation with mixed sentiments in the market.
Experts still predict that the XRP token price will rally to $ 20 in the long term.
Ripple token will likely rise with Gary Gensler’s farewell speech, but the outcome will mainly depend on investors’ sentiments.
If the selling activity increases, random declines may happen.
Market uncertainty is high during macroeconomic events, especially as analysts’ earlier prediction shows Bitcoin price consolidation near Donald Trump's inauguration.
Regardless, the bullish outlook is consistent for the long-term phase, where the XRP can surge to $ 20 .
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