XRP Skyrockets 31% As Crypto Reserve News Triggers Massive Rally

Key Takeaways

  • XRP surged 31%, testing key resistance at $3 after a major crypto reserve announcement.
  • Speculation grows around XRP, reaching $10,000 as a global reserve currency.
  • Bitcoin and other major cryptocurrencies rallied following Trump’s strategic reserve decision.

XRP has burst into a 31% rally, blasting off from the $2 support to a new high on heightened speculation. The rally was triggered by a surprise announcement that some cryptocurrencies, including XRP, would be part of a strategic crypto reserve funded by the U.S. government. The market was left in shock by the announcement, triggering an immediate price spike as investors scrambled to reposition.

The cryptocurrency is currently attempting a strong…

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