Ripple (XRP) Price Predicted to hit $3.10 if Trump Sacks Jerome Powell in 2025
The post Ripple (XRP) Price Predicted to hit $3.10 if Trump Sacks Jerome Powell in 2025 appeared on BitcoinEthereumNews.com.
XRP price holds at $2.08 as Trump eyes Powell’s removal; traders brace for volatility while Bitcoin eyes $110K breakout. XRP Price Stagnates at $2.08 as Trump–Fed Sparks Bitcoin Predictions Ripple’s XRP is trading at $2.08, hovering just above key support, as crypto markets weigh the geopolitical fallout from a potential shake-up at the U.S. Federal Reserve. According to Reuters, White House economic adviser Kevin Hassett has confirmed that President Donald Trump is actively considering the removal of Fed Chair Jerome Powell, a development that could destabilize traditional financial markets while sending Bitcoin surging past $110,000. Ripple XRP Price Action | April 19 2025 | Source: Coingecko The political implications are profound. Firing the Fed chair would challenge the independence of the central bank, undermining global confidence in U.S. monetary policy and spurring volatility across risk assets. Yet. this could ignite a bullish breakout for crypto. Bitcoin’s narrative as a non-sovereign hedge would gain momentum, propelling mega-cap altcoins like XRP into a breakout rally. If Bitcoin does breach the $110,000 level in response to this political shock, XRP is likely to post a 30% to 40% rally, targeting: $2.21–$2.22 (EMA confluence) $2.30 (major liquidation zone) $2.45 (next resistance level) A confirmed BTC breakout above $110K would likely catalyze a Ripple price rally toward $2.75, with a final upside projection at $3.10, assuming elevated risk appetite and sustained altcoin rotation. Derivatives Markets Show Bearish Bias From Strategic Investors Despite the potentially bullish setup, XRP derivatives data paints a more cautious picture. While retail sentiment appears optimistic, strategic players are hedging or even scaling back exposure amid rising macro uncertainty. Over the last 24 hours: XRP derivatives volume dropped -23.42% to $2.97 billion, signaling that traders are stepping aside. Open interest dipped -0.42%, hinting at reduced conviction. Options volume collapsed -61.64%, suggesting institutions…
Filed under: News - @ April 19, 2025 9:12 pm