Could XRP Price Rally if Trump Loses Congress?

Frank bevah
Frank bevah

Frank bevah

Market Analyst
Frankbevah is a senior crypto market analyst and stock Journalist with four years of industry experience. He focuses on in-depth market analysis, emerging trends, and real-time developments across cryptocurrency and equity markets.
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Could XRP Price Rally if Trump Loses Congress?

Highlights

  • Trump losing Congress could reshape XRP price sentiment.
  • Ripple rebounds while whale ownership concentration increases.
  • XRP price eyes $1.40 as buying pressure strengthens.

XRP price hovered above $1.30 at around $1.32, while Bitcoin traded near $80,545 and Ethereum stood around $2,348. Investors were positioning ahead of US midterm elections scheduled for November 3, 2026. The market cap gained 0.58% to $2.69 trillion in total capitalization over 24 hours.

The Federal Reserve’s October 27–28 meeting concludes tomorrow, with its interest rate decision due October 28

Meanwhile, First Lady Melania Trump said a Russia–Ukraine ceasefire took effect today, October 27. The agreement covers Oleshky, allowing humanitarian aid and civilian evacuations, rather than ending hostilities nationwide.

Could XRP Price Rally if Trump Loses Congress?

Trump Congress Battle Could Shape XRP Outlook

A Republican loss could change the legislative outlook, although the result would not automatically trigger an XRP rally. The most likely bullish scenario would be if investors are more receptive to tighter oversight of White House policy and this helps to improve overall risk appetite.

But the risk of regulatory uncertainty remains as negotiations of cryptocurrency legislation may become complicated in the event of divided government.

Crypto groups contributed about $176 million to over 100 midterm candidates, including an array of both Democrats and Republicans. 

Ripple was one of the significant industry financial backers, thus giving significance to the election for digital assets policy. The deadlocked CLARITY Act highlights the potential for congressional negotiations to impact future cryptocurrency regulations.

XRP Price Flashes Fresh Rebound Signal on Analyst Three-Day Chart

Crypto analyst Ali shared an XRP three-day chart showing a nine-count signal near the displayed price of $1.299. The chart recorded earlier signals followed by gains of 31.26%, 24.38%, and 18.65%, alongside a separate 71.88% rebound. 

A new nine-count appeared near the latest candles following a pullback from the token’s most recent recovery. The pattern draws attention to another possible rebound, though past gains do not guarantee a similar outcome.

XRP Whale Supply Share Hits Highest Level Since November 2022

The wallets that have a minimum of 10 million tokens in XRP now have 46.87 billion coins, as new Santiment blockchain data has indicated. 

Could XRP Price Rally if Trump Loses Congress?
Source: Santiment data

Their collective ownership constitutes about 68.5 percent of the supply of XRP, the largest percentage of this group since November 2022. The recent data highlights the growing ownership concentration in large wallets, after a prolonged growth in their joint XRP token balances.

XRP Price Eyes $1.40 as RSI Strengthens and Buying Pressure Returns

The XRP price shot up to $1.32, following a recovery that had brought it down to around $1.26. 

The Relative Strength Index was at 58.70, which is above the neutral midpoint. This reading indicates the need to increase momentum, but not to exceed the traditional overbought level of 70. 

The Chaikin Money Flow stood at 0.11 and the 20 period indicator is positive after a negative performance in the recent past. The positive value indicates that the buying pressure has been reinforced, which contributes to the recovery that is reflected in the price chart. 

The first possible upside target is $1.35, which is approximately 2% higher than the price shown.

Could XRP Price Rally if Trump Loses Congress?
Source: TradingView

A sustained four-hour close above that level would strengthen the case for another attempt at $1.40. Reaching $1.40 would represent approximately 6% upside, with that resistance marking the next major test.

If buyers clear both barriers, the earlier trading area near $1.45 becomes a possible extended target. 

On the downside, $1.30 remains immediate support because recent candles repeatedly traded around that level. A four-hour close below this area would weaken the rebound and expose recent lows around $1.26.

Investment disclaimer: The content reflects the author's personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Frequently Asked Questions (FAQs)

1. Could XRP price rally if Trump loses Congress?

XRP could rally if investors welcome divided government. However, delays to cryptocurrency legislation could weaken sentiment.

2. Why are the US midterm elections important for XRP?

The November 3 elections could reshape congressional support for cryptocurrency legislation, influencing regulatory expectations and investor confidence.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

XRP

XRP

$1.51896525 0.02% (24h)

24 Hours volume

$2.77B

Market Cap

$95.51B

Max Supply

100B

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About Author
About Author
Frankbevah is a senior crypto market analyst and stock Journalist with four years of industry experience. He focuses on in-depth market analysis, emerging trends, and real-time developments across cryptocurrency and equity markets.