US President Donald Trump on March 2 announced through the social platform of Social Social that the Crypto Strategic Reserve included Bitcoin (BTC), Ethereum (ETH), Silana (left), Cardano (ADA) and XRP.
After many years of corruption by the Biden administration, the US Crypto Reserve will increase the industry. I will ensure that the United States is the world’s crypto capital. We once again make America bigger. Trump’s rhetoric revived the market and created movement in the market, especially in the island and XRP. However, the fact is that the BTC and ETH were not included in the first announcement, resulting in some sector stakeholders causing critical voices and creating some question marks. As a result of the atmosphere of uncertainty, the market withdrew the weekend.
The fact that the XRP reserve happened
Crypto analyst Peter Brandt criticized the establishment of a crypto currency reserve of Trump, including the Bitcoin strategic reserves rather than the opposite coins. On March 4, Brandt announced on social media platform X:
“By adding a reserve except Trump Butt Coin, he lost 30 percent of his reputation. Trump lost 10 % with coins and 10 % with a watch brand.
In the next section, he said:
“This is a huge defeat for Trump’s reputation for real crypto fans.”
Bitcoin and gold protector Peter Shaf argued that BitCoin was intelligent because it could be considered a digital gold to participate in the reserve, while the XRP was unnecessary.
“It is possible to see BitCoin as a digital gold. I disagree with it, but I understand the logic. But why do we keep the XRP on the reserve? What can be justified?
Cardano’s founder, Charles Haskinson, who was announced to be in the US Strategic Reserve, supported the XRP and gave the following statement:
“The XRP has become a global standard with a great technology, which stands in many challenging markets and has a strong community. I think the president has made the right decision.
What is the target in the XRP price?
The crypto analyst, who reviewed the movements of the XRP prices since 2017, claimed that the XRP price in a statement on the X account would be $ 27 to $ 33 from May 2025.
The analyst used the following statements in his section:
Orom I analyze the channel formation of a possible week day, and what comes out here is that:
In 2017, from the beginning of the channel to the last break – going to the bicycle burst summit – it had a movement of about 175 days and a measure of 2500 % from the lower tip of the channel!
Today we see similar XRP price movements. 21 EMA (average of movements) closes up and is just a small weekend.
If we apply the same model in the current market, XRP FIB can grow up to 1.618 and target $ 27 to 33!
And think what happened? Based on the 2017 cycle, this explosive movement can be in just 28 days!
On the other hand, US Secretary of Commerce Howard Lotank announced that the Crypto Market turned its face on Wednesday, March 5, that the BTC would declare BTC a reserve in the White House next Friday. As a result of the news, BTC price increased by 7 % in the last 24 hours and returned to $ 90,000 background.
Last week, the XRP frightened its investors by falling below the $ 2 psychological threshold and tried to resist the market environment. XRP News, which won 4.45 % in the last 24 hours, was traded in 47 2.47 in writing.
This article does not include investment advice or advice. Every investment and trade movement involves a threat and readers should do their own research when making decisions.
