- XRP Drops Amid Market Volatility: Trading at $2.56, XRP has shed 3.65% and lost $17 billion in market capover the past four days, keeping investors on edge.
- Trump’s Influence & XRP Adoption: Ripple’s ties with Trump’s administration continue to grow, with speculation about an XRP-backed national reserve gaining traction.
- Key Levels to Watch: XRP must hold support at $2.39 to avoid further decline, while a breakout above $2.77could trigger a rally toward $3.40 and beyond.
US President Donald Trump just set the crypto world buzzing with his latest Ripple and XRP mentions on Truth Social. With speculation mounting, investors are now asking: Can XRP ride this momentum to a jaw-dropping $100?
XRP’s Price Action: A Rocky Path Ahead
Currently trading at $2.56, XRP has dipped 3.65%, shedding $17 billion in market cap over just four days. Volatility is high, and the market is watching closely.
Trump’s back-to-back Truth Social posts acknowledged Ripple CEO Brad Garlinghouse’s remarks on Ripple’s growing US presence post-election. With increased deals and workforce expansion, Ripple appears to be entrenching itself further in Washington.
XRP’s Political Play: The Trump Effect
Back in January, Garlinghouse shared that the “Trump effect” was boosting crypto innovation and job growth. He even had dinner with Trump at Mar-a-Lago, signaling a deepening relationship between Ripple and the US administration.
Ripple’s CTO, David Schwartz, hinted that institutional adoption is imminent. Meanwhile, Polymarket odds for an XRP-backed national crypto reserve currently sit at 15%. If that materializes, expect massive price action.
Is a $100 XRP Realistic?
Some analysts believe XRP could be on the cusp of an explosive bull run. The 2017 fractal suggests a surge past the 161.8% Fibonacci Extension, with historical highs at 227.2%-241.4% extension levels. If this repeats? XRP could top out between $178 and $282.
A $100 target? Not out of the question. If Trump’s influence grows and an XRP reserve gains traction, the sky’s the limit.
Short-Term XRP Levels to Watch
Right now, XRP is defending key support at $2.39 (61.8% Fibonacci level). Sellers remain active, with four consecutive red candles forming on the charts.
- RSI at 45 suggests bearish momentum. A dip below the signal line could push XRP into the $2.11-$2.39 zone.
- MFI rising to 63 hints at potential bullish divergence—a sign of possible recovery.
- If RSI breaks above 50 and buying volume picks up, expect bullish momentum to return.
Key Resistance Levels
If buyers reclaim control, XRP faces immediate resistance at $2.77 (38.2% Fibonacci level). A decisive breakoutcould send it soaring to $3.40 and beyond.
While short-term sentiment leans bearish, Trump’s ongoing endorsements, plus a favorable US regulatory climate, may fuel long-term gains. For now, watch price action closely—XRP’s next move could be historic.
