XRP Rebound Potential: Ripple SEC Case Breakthrough & Trump’s Crypto Mention Spark Price Recovery Hopes

XRP has plummeted more than 20% in the last seven days amid disappointment in Trump’s Crypto Reserve. The 20-day EMA at $2.41 poses a substantial resistance to the cryptocurrency’s price action. With the SEC dropping cases against various crypto firms, the Ripple lawsuit is expected to be dropped soon as well. XRP investors are eyeing a potential breakout as the token shows increasing momentum. Optimism is building on two fronts: the Ripple SEC legal situation possibly nearing a resolution and Donald Trump’s crypto market-igniting proposals. Despite a recent pullback, with XRP currently trading around $2.19 after a 21.56% drop over the past week, analysts suggest these factors could set the stage for a significant price rebound. XRP Price Drops Sharply: Market & Regulatory Issues On March 2, US President Donald Trump made a strong promise. He said a US Crypto Reserve would make the industry stronger after what he called “corrupt attacks by the Biden administration.” Trump’s order told the Presidential Working Group to move forward with a Strategic Crypto Reserve. This reserve would include XRP, Solana (SOL), and Cardano (ADA) along with … The post XRP Rebound Potential: Ripple SEC Case Breakthrough & Trump’s Crypto Mention Spark Price Recovery Hopes appeared first on Coin Edition .