Garlinghouse Rides XRP Wave, EV- Let's Go, Elon vs Trump: Who's Really Driving the Economy

Featured Article this week:

• Ripple’s Legal Victory and Bold Vision: After years of legal battles with the SEC, Ripple scored a major win when the court ruled XRP isn't a security for retail investors. With the SEC stepping back, Ripple CEO Brad Garlinghouse is pushing a bold vision to replace outdated systems like Swift, claiming a trillion-dollar opportunity in global payments.

• Trump’s Pro-Crypto Stance Boosts Momentum: Donald Trump’s return and his support for a U.S. crypto reserve—explicitly including XRP—has created a favorable political climate for Ripple and the broader crypto market, contrasting with the previous administration's more hostile stance.

• XRP ETF and Institutional Adoption Looming: With the legal cloud lifted, speculation around an XRP ETF is heating up. Experts believe approval could bring in billions in institutional capital and drive wider adoption of Ripple’s tech in the financial sector.

• Join the Conversation: Is Ripple’s trillion-dollar vision for XRP the future of finance or a speculative leap? Share your take on LinkedIn and connect with investors, analysts, and industry leaders weighing in on crypto regulation, digital asset innovation and the evolving global financial landscape.

Don’t Miss This EV Charging Powerhouse

This is not Financial Advice, please do your own due diligence.

Price Action and Trend: EVgo is a opportunity after its strong Q4 2024, with revenue up 35% year-over-year to $67.5 million. It’s taken a hard drop from the near $9 it hit in October 2024, but we’re confident this pullback is overdone—fundamentals are still intact, and with analysts targeting $5, we expect a sharp recovery to start a new uptrend.

Support, Resistance and Oscillators: $2.50 is the key support level—EVgo is unlikely to break below that with 37 hedge funds holding strong; $5 is the first resistance to watch (TD Cowen) and $6.50 could be in play if momentum builds. The RSI is below 30, showing the stock’s oversold and this is a prime setup for a rebound—buyers should be stepping in soon.

Volume and Sentiment: We’ve seen volume likely spike during this drop, but we’re not concerned—EVgo’s non-dilutive financing and secure DOE loan make us optimistic. With the Charging network up 73% year-over-year, we’re calling for a move back to $5 if the stock holds above $2.50; this looks like a solid play, and we’re expecting an increase higher.

Market Snapshot Today:

• Technology Sector Decline: Stocks like NVIDIA (NVDA, -6.92%) and Broadcom (AVGO, -12.56%) faced significant drops mainly due to weakening demand forecasts and investor concerns over potential regulatory scrutiny on semiconductor exports and trade restrictions, especially related to tensions involving China and AI-related technology sectors.

• Consumer Cyclical Resilience: Tesla (TSLA, +5.99%) notably increased due to positive market sentiment from improved quarterly deliveries, stronger demand indicators, and optimistic analyst upgrades anticipating future growth, especially driven by EV adoption and potential new model launches.

• Mixed Financials and Healthcare: Visa (V, +2.95%) and Costco (COST, +2.94%) rose due to steady consumer spending and encouraging economic data. However, healthcare giants like Merck (MRK, -3.81%) and Pfizer (PFE, -4.58%) declined on disappointing clinical trial outcomes and concerns around future revenue streams as certain key medications faced setbacks or patent expirations.

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