Four potential factors may drive XRP prices up in the coming weeks
Trump's inauguration: Given the bullish momentum from recent macro signals, Trump's inauguration looks more like a buying event. This could bring more attention to XRP.
ETF application: XRP has not yet applied for an ETF. Considering the price surges when announcements for ETH, SOL, and BTC ETF applications were made, a similar effect could occur if XRP applies for an ETF.
Capital gains tax policy: Proposed cryptocurrency policies, such as the elimination of capital gains tax for U.S. companies, may drive demand for XRP due to tax incentives. As a U.S. project, XRP may attract capital reallocation due to potential tax advantages.
Coins like XRP, HBAR, XLM, and ADA saw significant price increases shortly after Trump's election. A similar trend may occur around the inauguration, as it could attract buyers with similar interests and preferences.
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