3-3-2025 – XRP has rocketed 35% within a single day following an unexpected announcement from US President Donald Trump regarding a new Crypto Strategic Reserve.
The former business mogul took to his Truth Social platform to unveil plans that would position America at the forefront of global cryptocurrency innovation. “I will make sure the US is the Crypto Capital of the World,” Trump declared, outlining his executive order on Digital Assets that directs a Presidential Working Group to establish a reserve incorporating several major digital currencies.
Technical analysts suggest XRP’s bullish momentum could propel it beyond the $3 threshold if current support levels between $2.41 and $2.48 hold firm. More optimistic forecasts envision the cryptocurrency potentially reaching between $5 and $6 over an extended timeframe, with immediate resistance targets at $3.40 should the upward trajectory continue.
Trump’s announcement specifically mentioned XRP alongside Solana and Cardano as components of the proposed reserve, whilst emphasising that “Bitcoin and Ethereum will be at the heart of the Reserve,” adding a personal endorsement: “I also love Bitcoin and Ethereum.”
The unexpected policy shift represents a significant departure following what Trump characterised as “years of corrupt attacks by the Biden Administration” against the digital asset sector. Market observers now watch with keen interest as this renewed governmental support has ignited fresh optimism throughout cryptocurrency markets.
