XRP's price has surged 11.30% in the last 24 hours, reaching $2.60 on January 14. This rebound occurs amid easing inflationary pressures and expectations that President-elect Donald Trump will sign pro-crypto executive orders after his inauguration on January 20. The crypto market overall has experienced a 9% increase, reflecting a broader risk-on recovery as US Treasury yields and the Dollar Index decline, prompting investment in riskier assets. Reports indicate Trump plans to reverse certain banking policies that affect crypto holdings and potentially appoint a pro-crypto SEC commissioner, benefiting XRP and the larger crypto space. As part of a breakout from a symmetrical triangle pattern, XRP could rise 30% to $3.45, but must first clear the psychological resistance at $3.00. Short-term critical support levels are around $2.50 and the 50-day EMA at $2.12.

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