XRP attracted attention by increasing more than 20 %after Donald Trump’s announcement of the US crypto strategic reserve. This sudden price increase shows that investors’ confidence in the crypto market revives again. In addition to the XRP, large subcoins such as Solana (left) and Cardano (island) have also risen, and a positive atmosphere occurred throughout the market.
Does a new rally start for XRP?
With Trump’s descriptions, the XRP price increased from $ 1.95 to $ 2.66, with a 30 -day bottom level. As the investor interest increases, the transaction volume of exceeding $ 5 billion points to a strong purchase pressure. If this acceleration persists, the next target of XRP may be a $ 2.75 – $ 3.00 range.
What awaits XRP in the long run?
If the US crypto strategic reserve is officially implemented, institutional demand for XRP may increase and the price can reach higher levels.
Analysts think that this development can put the XRP into a more stable and powerful rise trend in the coming months. However, investors should be careful against possible fluctuations.
The next target in XRP: Can the $ 3 threshold be overcome?
The latest rise of the XRP caused investors to enter into great expectations. Trump’s crypto -friendly policies can open a door to more adoption of XRP by corporate investors.
If bulls can carry the price over $ 2.75, the $ 3.00 level can become a new support point. However, in order to overcome this level, the market needs to continue the overall rise trend and strong purchase pressure should continue.
XRP: Volatility increases, what should investors pay attention to?
Although XRP’s sudden price increase attracts the attention of investors, the rise of market volatility brings risks. Speculative purchases, especially after Trump’s announcement, may lead to price fluctuations in the short term. Investors should carefully monitor whether the $ 2.50 level can be protected as a strong support. If the price falls below this level, profit sales may accelerate and the XRP may be withdrawn to around $ 2.20 again. However, if the interest of corporate investors continues and market sensitivity remains positive, the $ 3.00 level can be re -tested in the short term. For this reason, it is important that investors closely follow the volume and price movements and determine the stop-Loss levels carefully.
