- XRP whales accumulated 60 million tokens in just 24 hours.
- Trump’s crypto reserve plan includes XRP, SOL, and ADA assets.
- XRP’s 20-day EMA acts as support despite declining MACD momentum
XRP is maintaining critical support at its 20-day Exponential Moving Average (EMA), presenting a potential upside setup. XRP is currently trading just above its 20-day EMA, which analysts consider a key short-term support zone.
The level is marked in yellow on price charts and offers an important technical foundation for bulls. Crypto analyst Lark Davis said that, provided that the EMA holds, this could be a consolidation phase rather than a trend reversal.
Despite downward pressure reflected in a falling MACD indicator, Davis said the price structure still favors a possible push toward the $4 mark. He emphasized that traders could manage risk through tight stop-loss strategies just below the EMA.
Whale Activity Surges with 60 Million XRP Accumulated
Meanwhile, Santiment data shows a sharp increase in whale XRP holdings. Analyst Ali Martinez reported that addresses holding between 10 million and 100 million XRP accumulated 60 million tokens over a 24-hour period.
This buying activity coincided with stable price action, suggesting strong institutional interest. The whale accumulation trend has raised expectations of a bullish breakout if support levels continue to hold. Traders are closely monitoring whether this inflow of large-scale buying will translate into sustained upward momentum.
Trump Pushes for U.S. Crypto Reserve Featuring XRP
Former President Donald Trump announced a proposed Executive Order to create a U.S. Crypto Reserve, which would include XRP, Solana (SOL), and Cardano (ADA). Posting from his verified account, Trump criticized the current administration for stifling crypto innovation through regulatory hostility.
He pledged that the proposed reserve would be part of a broader strategy to position the U.S. as a global leader in digital assets. The initiative, led by the Presidential Working Group, aims to bolster the adoption of key cryptocurrencies under national oversight. Trump concluded his statement with a commitment to “MAKE AMERICA GREAT AGAIN” through crypto leadership.
The convergence of technical strength, whale accumulation, and political backing has placed XRP at the center of multiple market narratives. As traders assess risk and opportunity, all eyes remain on whether XRP can convert this momentum into a decisive move upward.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
