XRP Price Prediction For March 3

The cryptocurrency market has been buzzing after President Donald Trump Donald Trump   Donald J. Trump is a US-based entrepreneur, Pro-crypto Politician, and the 45th and 47th President of the United States of America. He understands the importance and needs of the modern fintech world, and people look up to him as a dominant pro-crypto leader.   Quick Facts   Full name Donald John Trump Birth 14-06-1946, New York, United States Nationality American Education BS from the University of Pennsylvania Known For Businessman, Pro-Crypto Politician   Once doubtful about Bitcoindominance, he said in a tweet in 2019, “I am not a fan of Bitcoin", but now has a significant amount of cryptocurrency holdings in his kitty. He has also signed an Executive Order to establish a Strategic Bitcoin Reserve, which highlights his commitment to the future of cryptocurrency.   Donald Trump - Career Highlights & Events   2016 – Elected as the 45th President of the United States from the Republican Party.   2017 – Signed the Tax Cuts and Jobs Act, impacting investment environments   2019 – Criticized Bitcoin and Libra on X, dubbing them as "not money"   2024 – Campaign signals potential openness to crypto-friendly reforms   2025 –  Elected as the 47th President of the United States from the Republican Party.   A meme coin, $TRUMP, is associated with Donald Trump, which is listed on the Solana blockchain platform. His family also backs World Liberty Financial (WLF), a crypto venture.     President confirmed the creation of a U.S. “crypto strategic reserve,” sparking a massive rally in major digital assets. Bitcoin, Ethereum, XRP, Solana, and Cardano all saw major price increases following this announcement, which mentioned these cryptocurrencies as part of the reserve.

Trump’s Strategic Crypto Reserve Plan

In a recent post on Truth Social, Trump confirmed that Bitcoin and Ethereum will be the core of this crypto reserve, alongside other major assets like XRP, Solana, and Cardano. This move is seen as highly bullish for the crypto market, as it signals the U.S. government’s involvement in holding and possibly purchasing these cryptocurrencies as reserve assets. The announcement has already had a noticeable impact on market prices, with XRP seeing a sharp price surge of around 35%.

XRP Price Analysis: A Strong Breakout

XRP’s price has experienced a significant jump since Trump’s announcement. The cryptocurrency, which was priced at approximately $2.20 before the news, has surged past $2.80, breaking through key resistance levels. If XRP continues to hold above the $2.80 level and closes with a daily candle, it could confirm a bullish breakout, possibly pushing the price toward $3 and beyond.

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Market Outlook: Continued Bullish Momentum?

While the recent rally is promising, it’s essential to be cautious. The current price movements have been volatile, and after a major pump, some caution is advised. If XRP maintains its upward momentum and continues to break key resistance levels, it could be headed toward new highs, potentially revisiting its all-time highs near $3.40. At press time, XRP is up by more than 24% and is trading at $2.80.

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