XRP surges to $2.9 on strategic reserve news, drops to $2.54 amid market correction

XRP, the cryptocurrency associated with Ripple, has been a subject of intense speculation and analysis among experts. Many analysts are optimistic about XRP's future, with some predicting that its price could surpass $30 by 2025. This bullish sentiment is fueled by several factors, including the potential resolution of the SEC vs. Ripple case and the inclusion of XRP in the upcoming crypto strategic reserve announced by the Trump administration.

XRP has shown resilience and potential for growth, outperforming other leading altcoins over the past week. Despite a market-wide correction, XRP's price has remained relatively stable, reflecting its strength and potential for further surges. The token's price has fluctuated between $0.3 and $0.7 for over two years, but it saw a significant breakout in November 2024 following the election of a pro-crypto government. This breakout helped XRP surpass the $3 mark in early 2025, although it has since dropped to around $2.54.

The news of XRP's inclusion in the planned crypto strategic reserve led to a surge in its price, reaching $2.9 on March 3rd. This surge was accompanied by significant buying activity from whales, who purchased over 1 billion XRP within 24 hours of the announcement. The market-wide correction that followed has led to its current price of $2.54, but experts remain optimistic about its future prospects.

Jeremy Hogan, an attorney closely following the SEC vs. Ripple case, believes that XRP is poised for a significant surge as the lawsuit is expected to be resolved by May. Crypto expert CrediBULL Crypto shares this optimism, predicting that XRP could reach the $20 level in the long term and potentially soar to $30 if it manages to push past expected resistance. This bullish sentiment is supported by XRP's technical indicators, which show a long/short ratio of 2.16 over the past 24 hours, reflecting investor confidence in its short-term growth. Additionally, its current price of $2.54 is well above its 200-day Simple Moving Average of $1.55, signaling long-term growth potential.

The broader market sentiment surrounding the upcoming crypto strategic reserve and the nearing resolution of the SEC vs. Ripple case is positioning XRP for significant