#TRUMP Supply Surge

If Trump Brings a Crypto-Friendly Fed Chairman, These 3 Altcoins Could Skyrocket!
A silent but effective expectation is rising in the crypto altcoin markets: Former President Donald Trump is rumored to be considering appointing a crypto-friendly figure to the (Fed). The leading name is Kevin Warsh. If Warsh, known for his positive statements towards Bitcoin, is appointed, it could trigger a serious wave of rise in the market. So, which altcoins does this development present as buying opportunities for investors? Here are 3 strong altcoins that could shine if this scenario unfolds...
Ripple (XRP): Ready to Rise with ETF, SWIFT, and Fed Interaction
XRP, one of the long-established players in the crypto markets, may be one of the coins most affected by Warsh's appointment. This is because both ETF applications and potential SWIFT integrations are being discussed on the Ripple front. If a new Fed chair takes a positive approach to crypto, these developments could open up for XRP.
On the technical analysis side, XRP is promising. It is currently trying to break the upper band of a falling channel formation. Additionally, the ADX indicator points to a weakening downward trend. This is a sign that XRP has strong recovery potential. If a breakout occurs by the end of 2024, it would not be surprising for the price to shoot up quickly.
Solana (SOL): The rise potential is increasing with the ETF agenda.
If a crypto-friendly name like SOL or Warsh takes the helm of the Fed, it could be another altcoin that may experience positive developments, especially on the ETF front. As expectations for a spot Solana ETF rise in the U.S., such an appointment could refresh investor confidence and increase institutional capital inflows.
Technically, Solana is moving within a "falling wedge" formation. If the upper resistance of this structure is broken, the price is expected to rise to around 250 dollars. According to experts, if the ETF approval and technical breakout come simultaneously, Solana could mark one of the biggest rallies of the year.
Cardano (ADA): Is a 30% jump around the corner?
Cardano, with both its technical outlook and its "US-based" nature, is one of the altcoins that could benefit the most from a potential political change. Especially with the revival of expectations for a spot ADA ETF, a strong potential is emerging for ADA.
According to popular analyst Ali Charts, ADA is about to break out of a symmetrical triangle formation. If this breakout occurs, the price could jump by 30% in the short term. A development like Warsh's appointment could accelerate this breakout and take ADA to new heights. This altcoin, which has been quiet for a long time, may re-enter the investor radar.