Cheeky Crypto's call on XRP for October 24, 2026: where the author expects the price to go and which levels matter. Other bloggers' calls are added here during the day. This is the author's opinion, not investment advice.
XRP is unlikely to see another explosive rally like the one following the 2024 U.S. election when the next midterms arrive, says the host of Cheeky Crypto. Citing past precedent, the author suggests that XRP’s value tends to decline after congressional elections are over.
In the two months following the presidential election, XRP was up 381 percent, rising from $0.50 to $2.40 on the back of developments like Gary Gensler’s departure from the SEC. However, as Cheeky Crypto points out, midterms are a different story. The last two midterms have resulted in losses for the token; the week of the 2022 vote alone saw a 16% drop.
If history is any guide, the November 3rd midterm could see XRP return to $0.50 or lower. For those watching the Federal Reserve rate decision due October 28th, the author recommends a cautious approach and suggests reducing risk by keeping XRP holdings on more than one exchange.
This article reflects the channel authors’ opinions and is not investment advice.
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