XRP has seen a 7% increase in the last 24 hours, leading to discussions within the crypto community about how its inclusion in the US crypto strategic reserve will impact its long-term price. The upcoming White House Crypto Summit on March 7 is also being closely watched as it could shape market sentiment. Technical indicators suggest that XRP's bullish momentum has weakened, and there is an increase in selling pressure. However, the surge in active addresses indicates strong network participation and potential sustained bullish momentum. The formation of a golden cross could further drive up prices, but developments surrounding the US crypto strategic reserve and the White House Crypto Summit will be key factors. Failure to establish an uptrend could lead to a drop in prices to support levels at $2.50 and potentially even lower.
ADA, SOL, XRP: Altcoins Under Consideration for U.S. Crypto Reserve Lag BTC in Retaking Sunday Highs