Why XRP Is Going Up Today? Trump’s Crypto Plan Fuels Rally
XRP has surged 30% following a groundbreaking announcement by U.S. President Donald Trump regarding a “US Crypto Reserve.” The inclusion of XRP in this proposed reserve has triggered a wave of investor confidence, driving up both price and market participation.
Investors Flock to XRP Amid Growing Optimism
After Trump’s push, XRP is seeing strong buying momentum as more investors jump in. XRP suffered a lot due to tariff policies and lawsuit, but XRP made some positive moves in downmarket showcasing XRP community faith. Technically, the Price DAA Divergence (PDA) signals a clear upward sky, with a jump in active addresses showing rising investor interest. At the same time, the Chaikin Money Flow (CMF) indicates heavy inflows, meaning more money is pouring into XRP than leaving. This suggests that buyers are in control, pushing the price higher. With both retail and institutional demand growing, XRP seems set for more gains ahead.
However, the MACD indicator is losing momentum, hinting at slowing bullish pressure, though the RSI remains above 50, keeping hopes alive for another push higher. If buyers regain control, a breakout past $3.00 could fuel another leg up, but failure to hold current levels might trigger a short-term correction.
XRP Current Sentiment
At $2.79, XRP is approaching a crucial resistance level at $2.95. If bulls maintain control and push beyond this barrier, the token could rally toward $3.00, setting its sights on the all-time high (ATH) of $3.40. A decisive breakout above this level could spark a fresh wave of interest, potentially driving XRP to new record highs.
Having said that, with a short halt, XRP could retreat below $2.70 before attempting another push higher. Whether the current momentum sustains or a brief consolidation follows, XRP’s inclusion in Trump’s crypto reserve has undoubtedly given a new market hope, positioning the altcoin for further upside.
Not Everyone is Happy with Trump’s Choice
But many, including Coinbase CEO Brian Armstrong and Bitwise’s Jeff Park, argue that Bitcoin should be the sole reserve asset for clarity and legitimacy.
Others, like Fred Krueger, propose a market-weighted index. Critics, including Arthur Hayes, dismiss the plan as mere rhetoric, questioning its feasibility without congressional approval. Meanwhile, Peter Schiff, a longtime Bitcoin skeptic, likened BTC to gold but criticized XRP’s inclusion. The controversy highlights the broader debate over crypto’s role in national reserves.
Though till now, all this is in words a concrete action on the field is what everyone is waiting for. Trump’s open support of XRP is giving a vibe that the year 2025 will create a new history for XRP.
