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XRP price surged 19% to $2.70 ahead of the White House Crypto Summit, with technical indicators and $150 million in leveraged long positions signaling potential for further gains if regulatory discussions prove favorable.

Pro-XRP lawyer Bill Morgan rattled the crypto market on Friday with his latest comments. Notably, the attorney called out reasons why the U.S. Bitcoin reserve could potentially lose value against the ‘crypto stockpile' moving ahead.

XRP has been trading near the $2.05 mark, but the asset is having trouble breaking through this barrier even with a good setup. Despite the approval of the Strategic Crypto Reserve in the U.S., XRP and the majority of other assets did not profit from the news, while the majority of market participants expected a general surge on the market.

President Donald Trump's recent executive order (EO) outlining new guidelines for managing digital assets like Bitcoin (BTC), XRP, Solana (SOL), ADA, and Ethereum (ETH) has raised several questions, especially regarding the inclusion of specific cryptocurrencies in the U.S. government's reserves.

Financial commentator Peter Schiff has noted that the government will not be buying ETH, XRP, ADA, or SOL contrary to earlier expectations.

The crypto market is buzzing with the anticipation of today's White House crypto summit. However, after President Donald Trump announced changes to the proposed crypto strategic reserve, speculation is rife over whether this summit will crash Ripple, Ethereum, Cardano, and Solana prices.

The world of cryptocurrency, volatility often paves the way for big opportunities. One of the most talked-about digital assets recently is XRP, which has shown both dramatic rises and significant declines.

President Donald Trump's latest executive order (EO) introduces new rules for how the U.S. government will handle digital assets like Bitcoin (BTC), XRP, and other cryptocurrencies. The order focuses on two key components: a strategic reserve for Bitcoin and a broader digital asset stockpile that includes XRP and other altcoins.

Is XRP facing another big move?

President Donald Trump has signed an executive order establishing a new U.S. digital asset strategy. This new order creates a Bitcoin reserve for the U.S. government and a national stockpile for XRP and other altcoins. The move is part of efforts to secure digital assets for future economic stability.

March 7, 2025 05:31:39 UTC Donald Trump Signs Executive Order to Establish Bitcoin Reserve US President Donald Trump signed an executive order to create a government Bitcoin reserve, marking a seismic shift in crypto policy. The reserve, intended to serve like traditional gold reserves, could stabilize national finances and clarify regulations.

XRP is hovering around $2.52 on the daily chart, maintaining a delicate balance between bullish momentum and the potential for a major reversal pattern. Renowned crypto analyst Josh Olszewicz (known on X as @CarpeNoctom) shared a detailed Ichimoku-based chart, highlighting a possible Head and Shoulders formation.

XRP price started a fresh recovery wave from the $2.20 zone. The price is now consolidating and might struggle to clear the $2.50 resistance zone.

Ripple CEO Brad Garlinghouse joins the White House Crypto Summit, fueling speculation on the SEC's XRP appeal and potential crypto market shifts.

XRP is showing remarkable strength, trading at a 5.11% premium to Bitcoin (BTC) today. This marks nearly five months of consistent outperformance against the leading cryptocurrency, despite ongoing market turbulence.

XRP has surged more than 7% in the last 24 hours, bringing its market capitalization close to $150 billion. This sudden rise in price has attracted significant attention, with the cryptocurrency community debating the potential long-term impact of XRP's inclusion in the United States' crypto strategic reserve.

The White House Crypto Summit on March 7 gathers top industry leaders as anticipation surges over the U.S. crypto reserve and its potential market-shaping impact.

Ripple (XRP) price soared to $2.70 on Thursday, surging 19% in 24 hours as investors responded to U.S. trade tariff updates and rising anticipation ahead of the White House Crypto Summit on March 7. With XRP bulls maintaining dominance in derivatives markets, leveraged long positions now total $150 million, signaling continued upside potential.

Although XRP has made recent attempts to break through the $2.50 barrier, it is still unclear if it will be able to maintain this level. A confirmed breakout is far from certain based on the price action even though the asset has demonstrated some resilience in recent sessions.

XRP has experienced significant growth, notably outperforming Bitcoin in recent months. Ripple's native token has surged by an impressive 315%, positioning itself as one of the most notable altcoins in the market in 2025.

The XRP price is getting ready to surge to new highs as bulls attempt to hold a critical resistance level. Recently, the cryptocurrency experienced a major breakdown as market downside pressure increased.

Will history repeat itself, or is XRP's trajectory different this time?

XRP is trading at $2.60, with a market capitalization of $150 billion and a 24-hour trading volume of $5.67 billion, moving within an intraday range of $2.48 to $2.63 as traders assess key technical levels across multiple timeframes. XRP XRP's 1-hour chart indicates a short-term consolidation with higher lows forming, suggesting potential accumulation.

According to CryptoQuant data, XRP open interest has surged by an impressive 5.6%.