Ripple's XRP reached an all-time high after reports suggested that President-elect Donald Trump is open to establishing an "America-first strategic reserve" of cryptocurrencies, which would include XRP. This news has sparked increased activity in XRP markets, with its spot trading volume surpassing $20 billion in the past 24 hours. The price of XRP could potentially continue to rise as a result of growing demand for the altcoin. Additionally, XRP's open interest has reached an all-time high, indicating strong confidence from derivatives traders. The Aroon indicator also suggests a strong uptrend in XRP's price. However, if profit-taking occurs, the price could drop below $3 to $2.69.



Other News from Today