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XRP News: Trump Proposes Inclusion of XRP in US Crypto Reserve, Sparking Price Surge

XRP News: Trump Proposes Inclusion of XRP in US Crypto Reserve, Sparking Price Surge

Author:
XRP News
Published:
2025-03-03 20:39:50
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Trump Names XRP in US Crypto Reserve Plan – What’s Next for XRP Price?

XRP has surged 16.5% in the past 24 hours to $2.64 after President Donald Trump named it among the digital assets that could be included in the U.S. strategic crypto reserve. In a Truth Social post, Trump listed BTC, ETH, XRP, SOL, and ADA as potential candidates for the stockpile, signaling a major shift in U.S. crypto policy. Back on January 23, three days after being sworn in as President of the United States, Trump assembled a “Working Group” through an executive order (EO) to study the creation of a “strategic national digital assets stockpile.” While the group has yet to release official findings, Trump’s latest remarks suggest the administration may be moving forward with its plan sooner than expected.

2.9 Million XRP Coins Deposited on Binance Amid Market Volatility

Charles Hoskinson, CEO of Cardano, responded to Peter Schiff’s criticism of Ripple’s inclusion in the crypto space. Following President Donald Trump’s announcement about a crypto strategic reserve, the XRP price surged 40% over the weekend but retraced 9% to $2.7 on Monday. On-chain transaction flows and community debates suggest potential short-term volatility. Notably, over 2.9 million XRP coins were deposited on Binance, signaling increased market activity.

XRP Dips 10% Despite US Crypto Reserve Inclusion

XRP is experiencing a notable correction today, suggesting profit-taking. Traders are closely monitoring the $2.75 resistance and $2.52 support levels. Following a significant surge in momentum after being included in the US crypto reserve, XRP’s price rallied 30%, pushing its Relative Strength Index (RSI) to an overbought level of 84.5. An asset with an RSI above 70 is considered overbought and may experience a pullback.

XRP Soars on Trump’s Crypto Reserve Announcement

Trump’s announcement about a U.S. Crypto Strategic Reserve has sent crypto prices surging, with XRP being one of the biggest beneficiaries. Some traders speculate that XRP could finally break past its 2018 all-time high and hit $10. The token’s price instantly jumped to almost $3 after the announcement and has since pulled back to $2.64, marking an 18% rise in the past 24 hours. Cardano and BTC Bull Token, a new presale project with a Bitcoin rewards model, also saw positive movements.

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