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Alright, folks, buckle up! The XRP price is stuck in a consolidation phase, but don’t worry—it’s not dead, just resting. 🛌 Two big things are about to shake it awake: a massive spike in active addresses and the DC Blockchain Summit. Could these two events be the dynamic duo that sends XRP soaring to $3? Or will it just be another crypto soap opera? 🎭
Meanwhile, Bitcoin is up 3% in the last 20 hours, casually chilling at $83K like it’s on vacation. But XRP, Ethereum, and the rest of the altcoin gang are waiting for the Fed’s Interest Rate decision like it’s the Oscars. 🏆 Who will take home the trophy? Stay tuned!
Can XRP Price Scale Higher and Hit $3?
Technically speaking, XRP is bouncing between $2.057 and $2.724 like a ping-pong ball. 🏓 After a little dip on March 11, it’s bounced back 30% to set a local top at $2.47. To keep the bullish vibes alive, XRP needs to create a higher low above $2.057. If it does, we could see it zooming back to the range high of $2.724. And if Bitcoin decides to play nice and stay above $90K, XRP might just flip that resistance into support and march all the way to $3. 🚀 That’s a 40% rally, folks—cue the confetti! 🎉
XRP Active Addresses More Than Triple
On December 2, 2024, XRP hit $2.69 for the first time in five years, and Daily Active Addresses (DAA) peaked at 165K. But then, like a bad sitcom, interest waned. 😴 Fast forward to March 2, and BAM! DAA triples to 530K. Investors are suddenly interested again—what’s the deal? Are they expecting a crypto miracle? 🕊️
This DAA spike has been going strong for two weeks, which means XRP holders are probably waiting for something big. Enter the DC Blockchain Summit, where crypto bigwigs and US government officials will gather to talk blockchain, Bitcoin, and probably how to make crypto great again. 🇺🇸
Oh, and let’s not forget Chainlink’s Sergey Nazarov, who’s hosting a chat with Bo Hines, the executive director of the President’s Council of Advisers on Digital Assets. Sounds fancy, right? 🎩
Since Ripple is a US-based company, this summit could be the stage where XRP shines brighter than a Broadway spotlight. 🎭 So, will XRP hit $3? With these catalysts, it’s looking more likely than a Mel Brooks punchline landing. 😂
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2025-03-19 10:48