In the bustling marketplace of dreams and digital coins, XRP has taken a leap, a veritable dance of nearly 25% in a single day. Itās as if the spirits of the market have whispered sweet nothings into the ears of the traders, rekindling their faith in Rippleās elusive asset. The winds of change, it seems, have been stirred by none other than the grand maestro of the White House, Donald Trump, who has hinted at a US XRP Reserve. Oh, the irony! A man who once dismissed crypto now flirts with it like a moth to a flame. š„
XRP Price Soars 25% As US Crypto Reserve Gains Momentum
Today, XRP has leapt to a price of $2.79, exchanging hands with the fervor of a town crier announcing good news. The trading volume? A staggering $19.09 billion! Itās as if the townsfolk have emptied their pockets for a chance at fortune. The crypto has danced between a high of $2.97 and a low of $2.23 in the span of 24 hours, while the XRP Futures Open Interest has ballooned by 40% to $4.33 billion, the highest since the frost of February. Traders are regaining their confidence, or perhaps just their nerve. š¤
But lo! This rally comes amidst the clamor of social media skirmishes between the Bitcoin and Ripple factions. Rumors swirl like autumn leaves, suggesting that the US might embrace XRP alongside its Bitcoin brethren. Trump, in a moment of clarityāor perhaps confusionāhas declared on his Truth Social platform that the US is contemplating adding XRP, ADA, and SOL to its crypto reserve. Itās a veritable buffet of digital currency! š½ļø
So, what does the crystal ball reveal for Rippleās native asset? Let us delve into the minds of the so-called experts, who seem to have a knack for predicting the unpredictable.
Ripple Coin Targets $70 Rally, Hereās When
In a recent proclamation on X, the esteemed market oracle known as Dark Defender has set forth a bold vision for XRP, aiming for a price of $77.7. Yes, you read that rightā$77.7! In a scenario that sounds like a plot twist from a dime-store novel, he suggests that XRP could soar to $18 āwith the third wave.ā One can only hope it doesnāt crash like a poorly built bridge. šļø
Dark Defender has identified key supports at $2.60 and $2.77, while resistances loom at $5.85, $8.03, and $18.22. According to his analysis, XRP could reach the fabled $77.7 mark by 2027, as illustrated in a chart that looks more like a treasure map than a financial forecast.
This prediction has ignited a firestorm of interest among cryptocurrency enthusiasts, who are watching the assetās price movements with the intensity of hawks eyeing their prey. While market predictions are as reliable as a weather forecast, Dark Defenderās reputation lends some weight to his claims. š¤
Levels To Watch For Short-term
Echoing the bullish sentiments, other market sages have also donned their rose-colored glasses. CasiTrades, in a recent analysis, proclaimed that if XRP holds the $2.92 support, it might just continue its rally to new heights. Itās like watching a child learn to ride a bikeāwill it fall or soar? š“āāļø
Meanwhile, another expert, Rose Premium Signals, has chimed in with a similar tune. The next targets for Rippleās coin are set at $3, $4.2, and finally $5. If XRP breaks past the first two targets, it could very well sprint to $5 in the near term. Itās a race, folks! š
Moreover, the market trends are painting a picture of bullish sentiment, hovering like a cloud of optimism. Ali Martinez, a renowned market expert, has highlighted the massive buying pressure from XRP whales. Over the weekend, these large investors gobbled up 270 million coins, as if they were candy at a fair. š
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2025-03-03 08:38