{"id":632076,"date":"2025-03-03T11:04:58","date_gmt":"2025-03-03T11:04:58","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=632076"},"modified":"2025-03-03T11:04:58","modified_gmt":"2025-03-03T11:04:58","slug":"xrp-price-prediction-ripple-token-soars-24-as-trump-promises-crypto-strategic-reserve-and-experts-say-this-might-be-the-best-crypto-to-buy-now","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/sponsored\/xrp-price-prediction-ripple-token-soars-24-as-trump-promises-crypto-strategic-reserve-and-experts-say-this-might-be-the-best-crypto-to-buy-now","title":{"rendered":"XRP Price Prediction: Ripple Token Soars 24% As Trump Promises Crypto Strategic Reserve And Experts Say This Might Be The Best Crypto To Buy Now"},"content":{"rendered":"

The XRP price surged 24% in the last 24 hours to trade at $2.79 as of 11:05 p.m. EST on trading volume that skyrocketed 494% to $15.8 billion.<\/span><\/p>\n

The Ripple token price surge comes following a surprising announcement from US President Donald Trump regarding plans for a national strategic cryptocurrency reserve.<\/span><\/p>\n

Trump disclosed intentions for a strategic cryptocurrency reserve including Bitcoin, Ethereum, and other altcoins in a series of posts on Truth Social.<\/span><\/p>\n

The President added, “I also love Bitcoin and Ethereum,” saying that these two main cryptocurrencies would be “at the heart of the Reserve.” <\/span><\/p>\n

First citing mainly XRP, Solana, and Cardano, the latter explanation on BTC and ETH set off notable market action.<\/span><\/p>\n

\"Trump\"<\/p>\n

Ripple Token Price On A Sustained Bullish Trend Reversal<\/h2>\n

The <\/span>XRP price<\/span><\/a> analysis on the 4-hour timeframe has shown a strong bullish reversal after forming a classic rounded bottom pattern. This pattern is typically a bullish trend reversal, and the breakout has led to a sharp surge in price.<\/span><\/p>\n

After breaking out from this structure, the Ripple token rallied aggressively, surpassing both the 50-period ($2.32) and 200-period ($2.56) Simple Moving Averages (SMAs) before reaching its recent peak at approximately $2.95, according to <\/span>GeckoTerminal<\/span><\/a> data. <\/span><\/p>\n

However, after this explosive breakout, there is a small retracement, which is common after such a strong move. The price of XRP is currently retesting the breakout zone around $2.79, which could act as new support before the next leg higher.<\/span><\/p>\n

Meanwhile, the Relative Strength Index (RSI) is at 72.26, which indicates that XRP is currently in the overbought zone. This suggests that a short-term pullback or consolidation could happen before further upside movement.<\/span><\/p>\n

The Moving Average Convergence Divergence (MACD) histogram is showing increasing bullish momentum, with the blue MACD line crossing above the orange signal line. This crossover is a bullish signal and supports further upside potential.<\/span><\/p>\n

\"XRP
XRP\/USDT Chart Analysis Source: GeckoTerminal<\/figcaption><\/figure>\n

XRP Price Prediction<\/h2>\n

With the successful breakout of the rounded bottom pattern and strong bullish indicators, the XRP price is likely to continue its uptrend. The next major resistance level is around $3.40–$3.50, as highlighted by the blue arrow in the chart.<\/span><\/p>\n

However, given the overbought RSI, a minor retracement or consolidation around $2.75–$2.80 could occur before the next leg higher. <\/span><\/p>\n

If the price of Ripple token holds above the 200-period SMA ($2.56) and maintains its breakout zone, the bullish momentum should remain intact.<\/span><\/p>\n

Meanwhile, investors are buying a new Solana meme coin called <\/span>Solaxy (SOLX)<\/span><\/a>, which popular YouTube channel 99Bitcoins, with over 725K subscribers, says has the potential to soar 100X post-launch.<\/span><\/p>\n