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The XRP price has slumped 3% in the last 24 hours to trade at $2.33 as of 3:30 a.m. EST on a 35% jump in trading volume to $4.19 billion
The drop in the XRP price comes despite the US Securities and Exchange Commission (SEC) officially classifying XRP as a “strategic asset for the United States.” The US government is preparing to launch a pilot program to integrate XRP into major financial systems, including tax refunds and Social Security payments.
If sentiment shifts and institutional confidence strengthens, XRP could see renewed buying pressure, potentially reversing the current downtrend.
💥 BREAKING:
SEC WEBSITE HOSTS PROPOSAL TO MAKE #XRP A STRATEGIC U.S. FINANCIAL ASSET!
$1.5 TRILLION IN NOSTRO ACCOUNTS COULD BE UNLOCKED! 👀 pic.twitter.com/5Mp3rpy7e7
— STEPH IS CRYPTO (@Steph_iscrypto) March 16, 2025
XRP Price Breaks Out, Possible Rally Ahead
The XRP/USDT trading pair shows signs of a potential rally after breaking out from a prolonged descending channel, which could shift market sentiment in favor of the bulls. Currently, XRP is trading at $2.33, with a daily high of $2.37 and a low of $2.29.
This breakout follows weeks of sideways movement within a falling structure that kept prices under pressure. However, the recent surge suggests that buying interest is increasing, potentially setting the stage for a strong upside move. The support zone lies between $2.00 and $2.10, where buyers have historically defended price declines.
If XRP remains above this zone, bullish momentum is likely to persist. Conversely, a break below $2.00 could trigger further downside, potentially testing the $1.50 – $1.80 range. On the upside, immediate resistance stands at $2.80 – $3.00. A confirmed breakout above this resistance could drive XRP towards $3.50 or higher, further solidifying bullish dominance.
XRPUSDT Source: Tradingview
On the technical side, the Relative Strength Index (RSI) sits at 48.45, just shy of the 50 midline mark. While XRP is not yet in full bullish territory, the RSI’s upward trend indicates improving momentum. If buying pressure continues and the RSI crosses above 50, it would further validate the bullish case.
Additionally, XRP has established a strong support zone between $2.00 and $2.10, an area where buyers have consistently defended the price. Maintaining this level is crucial for preventing a reversal back into bearish territory.
Despite the optimism, traders should remain cautious of potential pullbacks, as profit-taking near resistance levels could lead to temporary dips. If XRP fails to hold above $2.30, it might revisit the $2.10 – $2.00 support zone. However, as long as the breakout remains intact and volume continues to rise, the likelihood of an extended rally remains strong.
With market sentiment improving and XRP showing signs of renewed strength, all eyes are on whether it can maintain momentum and reclaim the $3.00 mark.
This AI Pepe Hybrid Hits $7.4 Million – Next Crypto To Explode?
As the XRP price gains momentum, investors are also considering an AI Pepe hybrid crypto project called Mind of Pepe (MIND), which continues to surge in its presale and has now raised over $7.4 million.
MIND of Pepe uses AI-driven hive-mind analysis to spot early trends on social media platforms like X, giving its token holders a market advantage.
As a fully autonomous AI agent, MIND works 24/7, analyzing market data, making decisions, and adapting without central control. It also identifies trending tokens and creates new cryptos expected to gain popularity, helping investors get in early on promising projects.
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— MIND of Pepe (@MINDofPepe) March 16, 2025
As one of the first AI-powered crypto agents with such advanced capabilities, MIND of Pepe has received praise from crypto influencers and media outlets.
An analyst from the 99Bitcoins YouTube channel, which has over 726K subscribers, predicts that MIND could skyrocket 100X after launch.
Additionally, MIND of Pepe offers passive income opportunities, allowing investors to stake MIND tokens for a massive 304% annual yield.
To buy MIND, visit the project’s website and purchase using ETH, USDT, or a bank card. You can connect a crypto wallet like Best Wallet, which features MIND in its “Upcoming Tokens” section for an easy claim process after the presale.
Currently, MIND is priced at $0.0035376, but a price increase is coming in 39 hours, so now is the best time to buy.
Visit the official MIND website.
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