XRP Price Predictions: Paul Atkins' Review of His Crypto Stance Might Drive Its Price to $5?

Cryptonews

XRP Price Predictions: Paul Atkins' Review of His Crypto Stance Might Drive Its Price to $5?

Cryptonews - In this XRP price forecast, we share with you a technical analysis that supports a positive outlook for the current state of the XRP asset on the Ripple network.

The price of Ripple (Ripple-XRP) rose by 3.7% yesterday, currently trading at $2.54 after the Chairman of the U.S. Securities and Exchange Commission (SEC) made positive comments about his future plans for the crypto sector. In the same context, Ripple has recovered from its previous declines after the United States reached a 90-day agreement with China to reduce tariffs while both countries work towards a final agreement, maintaining the current tariff rate imposed by both sides at 10%.

For his part, SEC Chairman Paul Atkins - a supporter of cryptocurrency appointed by the Trump administration to this position - confirmed during a roundtable discussion on the digital representation of assets that "the commission must keep pace with innovation and consider the need for regulatory changes to work with securities on the blockchain and other crypto assets."