XRP Surges 30% After Trump’s US Crypto Reserve Announcement

In Brief

XRP price jumped 30% following Trump’s US Crypto Reserve announcement.

Investor confidence and buying pressure increased, pushing XRP toward key resistance levels.

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XRP has seen a major price surge, soaring 30% in the past 24 hours after former President Donald Trump announced plans for a US Crypto Reserve, which includes XRP, SOL, and ADA. The news has sparked a wave of buying activity, driving XRP to $2.79, with the next resistance at $2.95.

Market Indicators Show Strong Bullish Momentum

• Price DAA Divergence (PDA) signals increased investor participation, a key sign of sustained market confidence.
• Chaikin Money Flow (CMF) has sharply risen, indicating strong capital inflows into XRP.
• If XRP breaks the $2.95 resistance, it could test $3.00, with the all-time high (ATH) of $3.40 within reach.

If buying momentum continues, XRP may push toward new highs, but a slowdown could lead to short-term profit-taking, possibly bringing the price back below $2.70 before another breakout attempt.

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