Federal Reserve Leadership Change Boosts XRP Optimism

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: May 23 2026

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Leadership Transition Impact: Jerome Powell officially stepped down as Chair of the Federal Reserve, with Kevin Warsh taking over, leading to a surge in optimism around XRP, as analyst Steph Is Crypto boldly stated that XRP holders are about to get rich, reflecting expectations for a new monetary policy.
Policy Environment Shift: Powell's exit could signal a move towards a more accommodative monetary policy, as previous tightening measures pressured speculative assets, with investors generally believing that new leadership may enhance liquidity and increase appetite for higher-risk investments.
Internal Dynamics Influence: Despite stepping down, Powell's decision to remain on the Federal Reserve Board introduces potential political and institutional tensions that could affect market confidence in traditional financial systems, complicating the outlook for monetary policy decisions.
Positive XRP Community Response: XRP holders are optimistic about improving market conditions, viewing blockchain technology and decentralized finance as effective alternatives to traditional banking systems, which could drive long-term growth potential for XRP.

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Technical Analysis for XRP

Technical Sentiment Analysis for XRP (XRP). As of , XRP (XRP) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 0 indicators are flashing buy, while 4 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for XRP stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.

Support, Resistance & Moving Averages. From a structural perspective, XRP is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

XRP (XRP) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	1.168	1.218	1.276	1.326	1.385	1.435	1.493
Fibonacci	1.218	1.259	1.285	1.326	1.368	1.393	1.435

About XRP

Launched in 2012, the XRP Ledger (XRPL) is an open-source, permissionless and decentralized technology. Benefits of the XRP Ledger include its low-cost ($0.0002 to transact), speed (settling transactions in 3-5 seconds), scalability (1,500 transactions per second) and inherently green attributes (carbon-neutral and energy-efficient). The XRP Ledger also features the first decentralized exchange (DEX) and custom tokenization capabilities built into the protocol. Since 2012, the XRP Ledger has been operating reliably, having closed 70 million ledgers.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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