XRP has seen a remarkable 35% price increase in just 24 hours, following a major move by former U.S. President Donald Trump. His plan to establish a Crypto Strategic Reserve that would include XRP, alongside other leading cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Cardano (ADA), has captured the attention of the crypto world.
Trump’s Crypto Reserve Vision
On March 2, 2025, Trump shared his plan for a U.S. Crypto Strategic Reserve through Truth Social. The reserve would include top digital assets like XRP, aiming to position the U.S. as a global leader in the cryptocurrency space. Trump also emphasized Bitcoin, Ethereum, and Solana as important components of the reserve, expressing strong support for these cryptocurrencies.
In his post, Trump stated, “A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration. My Executive Order on Digital Assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA. I will make sure the U.S. is the Crypto Capital of the World. We are MAKING AMERICA GREAT AGAIN.”
Trump’s endorsement of XRP and other leading cryptocurrencies has raised renewed interest from investors, driving XRP’s price to new highs.
What’s Driving XRP’s Price Movement?
The 35% increase in XRP’s price can be attributed to Trump’s announcement. With XRP now part of the proposed U.S. Crypto Reserve, investors are showing increased confidence in the asset’s long-term prospects. Additionally, XRP’s price has been on a bullish trend recently, and the announcement has only reinforced the positive momentum.
From a technical standpoint, XRP’s price has found strong support levels between $2.41 and $2.48. As long as the price stays above these levels, it is expected to continue climbing, with the next major resistance point at $3.00.
What’s Next for XRP? Price Predictions
Looking ahead, analysts are predicting that XRP could break past the $3.00 resistance level. If this happens, the next target would be $3.40, with some experts forecasting a potential push toward $5 or even $6 in the longer term.
The announcement has added to the overall bullish sentiment in the crypto market, and many believe that the creation of the U.S. Crypto Strategic Reserve will help stabilize and grow the market. The backing of XRP by the U.S. government has given investors more confidence, which could result in further price increases in the months to come.
Can XRP Continue to Rise?
Given the recent surge and the positive outlook from analysts, it’s clear that XRP is poised for further growth. The inclusion of XRP in the U.S. Crypto Strategic Reserve is seen as a major step toward greater institutional support for the cryptocurrency, which could help drive its price even higher.
While the crypto market remains volatile, the backing of prominent figures like Trump and the U.S. government could provide the stability needed to push XRP to new heights. Investors are eagerly awaiting the next breakout point as XRP continues to gain attention.
Conclusion
XRP’s impressive 35% price jump, fueled by Trump’s proposal for the U.S. Crypto Strategic Reserve, signals a bright future for the cryptocurrency. With analysts predicting further gains and a possible $5 target in sight, XRP investors have much to look forward to. As the crypto market reacts to this significant development, XRP’s potential for continued growth remains high.
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