XRP News: XRP Price Surges 30%, Potential for Further Upside if $3.00 Resistance is Broken

The price of XRP has seen a remarkable surge over the past period, jumping by over 30% and breaking through the $2.50 resistance level. Here’s a closer look at the latest developments and what investors can expect in the future.

XRP Price Explodes 30%—Can The Momentum Continue?

XRP price has seen a significant increase, surging over 30% and breaking above the $2.50 resistance. The current price is trading above $2.750 and the 100-hourly Simple Moving Average. A bullish trend line is forming with support at $2.40. If the price moves clearly above the $3.00 resistance zone, it may continue to rise. The price initially extended losses towards the $2.00 level before forming a base and starting a fresh increase above $2.20. It has surpassed levels such as $2.50, $2.65, $2.80, and even tested $3.00.

Ripple: AI Predicts XRP’s Price Post Trump’s Crypto Summit On March 7, 2025

The Donald Trump-led regime is focusing on amping up the cryptocurrency sector. Trump’s latest tariff spree caused a dramatic fall in BTC, plunging below the $85K mark. However, with Trump set to head a new crypto summit on March 7, 2025, the overall crypto market sentiment is positive. Additionally, the US president has launched a stratified crypto reserve with Ripple (XRP), Cardano (ADA), and Solana (SOL) leading the charge. This strategic move could help Ripple (XRP) turn its fortunes around.

Legal Expert Weighs in on Ripple Lawsuit as XRP Added to Trump’s Crypto Reserve

The ongoing Ripple lawsuit continues to attract attention, with legal expert Jeremy Hogan providing insights into the case’s delay due to complications surrounding the court’s injunction against Ripple’s direct sales of XRP to customers. Meanwhile, former President Donald Trump announced the establishment of a U.S. Crypto Strategic Reserve featuring Bitcoin, Ether, XRP, Solana, and Cardano, triggering a market rally with XRP surging over 24%.

Ripple Negotiating Hard? Lawyer Thinks It’s Causing SEC’s Case Resolution Delay

Lawyer James ’MetaLawMan’ Murphy of Ludlow Street Advisors, LLC has provided a theory on the delay in the SEC’s dismissal of the Ripple case. Murphy believes Ripple is engaged in strenuous negotiations aimed at revising key components of Judge Torres’ ruling, which contains elements beneficial for XRP holders but also potentially jeopardizes the company’s future strategic moves.