XRP News: Pro-Crypto Paul Atkins Confirmed SEC Chair – XRP Price Set to Hit $3?

The US Senate has confirmed Paul Atkins as the new Chair of the SEC. He is known for his pro-crypto stance, which could bring major changes to crypto regulation. The Senate voted 52 to 44 in his favor. President Donald Trump is expected to sign off on the confirmation soon. Atkins promised to give the crypto industry the clarity it needs. Many in the community, including Coinbase, welcomed the move. This news could support coins like XRP, which have faced long battles with regulators. The shift in leadership may bring a more balanced and open approach to crypto news and oversight, and may provide positive momentum for the XRP Price.

New SEC Chair Boosts Crypto Hope

the US Senate voted to confirm Paul Atkins as the next Chair of the US Securities and Exchange Commission (SEC). The final vote was 52 to 44. Atkins was nominated by President Donald Trump and is expected to be officially sworn in soon. Until then, Acting Chair Mark Uyeda will stay in charge.

🚨JUST IN: In a 52-44 vote, the Senate has confirmed Paul Atkins to be the next chair of the Securities and Exchange Commission. https://t.co/jNY1C66FE4

— Eleanor Terrett (@EleanorTerrett) April 9, 2025

Atkins is seen as a pro-crypto leader. During his confirmation hearings, he said he would focus on clear and fair crypto regulation. He also promised to improve the SEC’s image, which many believe was damaged under former Chair Gary Gensler. Gensler had taken a strict stance, often using enforcement rather than guidance.

Senator Cynthia Lummis praised the decision and said, Atkins understands the need for smart rules that support growth and safety. Coinbase’s Chief Legal Officer, Paul Grewal, also reacted positively. He said progress is badly needed after years of setbacks.

The SEC is also planning a roundtable on April 11 to discuss crypto trading. Commissioner Hester Peirce said public feedback will help shape better policies. For coins like XRP, this leadership change could open the door to fairer treatment and possibly reduce pressure on the XRP Price.

XRP Price Prediction of April 10

The trading day of April 9th started with selling pressure. The price broke below support and dropped to $1.7220. At that time, the RSI showed an oversold signal, hinting at a bounce. Soon after, a golden cross appeared on the MACD, and the price began to rise. The bullish move continued throughout the day. At 16:25 UTC, another golden cross confirmed the upward trend. XRP spiked after hitting an overbought zone on the RSI at 17:25 UTC. The breakout was strong, pushing the price above resistance. A new resistance formed at $2.0860.

Chart 1, analyzed by ShwetaCW, published on TradingView, April 10, 2025

As illustrated in Chart 1, at 18:25 UTC, a MACD death cross suggested a downward trend. The price entered April 10 with light selling and more oversold signals. RSI flashed oversold at 00:40 and again at 03:50 UTC. XRP found support at $1.9711. At 04:35 UTC, the MACD gave a golden cross again, signaling possible recovery. If bulls take control, XRP may break $2.0860 and push toward $2.20. But if sellers return, it could fall below $1.9711 and drop to $1.7220.

What’s Next for XRP Price?

The confirmation of Paul Atkins as SEC Chair is big crypto news. His support for fair crypto regulation could benefit coins like XRP. If momentum continues, the XRP Price may break $2.0860 and head toward $2.20. A reversal could drag it back to $1.7220 support.