Trump Names XRP in US Crypto Reserve Plan – What’s Next for XRP Price?
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XRP has surged 16.5% in the past 24 hours to $2.64 after President Donald Trump named it among the digital assets that could be included in the U.S. strategic crypto reserve.
In a Truth Social post, Trump listed BTC, ETH, XRP, SOL, and ADA as potential candidates for the stockpile, signaling a major shift in U.S. crypto policy.
Back on January 23, three days after being sworn in as President of the United States, Trump assembled a “Working Group” through an executive order (EO) to study the creation of a “strategic national digital assets stockpile.”
While the group has yet to release official findings, Trump’s latest remarks suggest the administration may be moving forward with its plan sooner than expected.
XRP Could Retest its All-Time High If Trend Reversal is Confirmed
XRP trading volumes have surged 576% in the past 24 hours to $21.8 billion, representing 14.2% of the token’s total circulating supply.
While most cryptocurrencies saw gains, those named by Trump experienced the sharpest spikes. Cardano (ADA) led the rally with a 46.4% jump, pushing its market cap to $34.2 billion and surpassing Dogecoin (DOGE).
Trump’s announcement comes as the market was reeling from the Bybit hack—the largest crypto theft in history—where $1.4 billion worth of Ethereum (ETH) was stolen.
With this latest surge, XRP has extended its lead as the best-performing top 5 crypto of the year, now up 27% since January.
From a technical standpoint, yesterday’s surge has managed to reverse the token’s latest downtrend as it pushed its price above the most recent lower high.
The price retreated right after surging to $3 but it is temporarily finding support at the upper trendline. This was previously a resistance area that could now serve as a floor if the trend has effectively reversed.
Momentum indicators are favoring a bullish outlook for XRP as the Relative Strength Index (RSI) crossed above the signal line during the weekend while the MACD has now entered positive territory.
If the price stays above the $2.50 level in the next couple of days, this trend reversal could push XRP to retest its all-time high of $3.4 shortly, meaning a 28.4% upside potential from today’s levels.
The creation of a crypto reserve is bullish for the entire market, including meme coins.
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