Speculation About Trump Endorsing Ripple (XRP) Gains Momentum: Here’s Why

5 months ago 20

Ripple (XRP) is presently 1 of the starring cryptocurrency tokens successful the market, gaining immense traction. The token has been a item from the start, with investors keenly pursuing the token successful hopes of it claiming a caller precocious soon. Amid the rising XRP ETF hype, Ripple has attracted different important speculation towards itself, sparking a spree of narratives claiming that President Donald Trump is pushing XRP to caller highs. What is happening, and wherefore is this speculation gaining momentum? Let’s find out.

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President Trump and Ripple: What’s Happening

trump successful  oval officeSource: NY Post

The 47th president of the United States, Donald Trump, took the cryptocurrency satellite by tempest a fewer hours ago. He did truthful by uploading 2 Ripple-centric articles connected Truth Social, a website backed by the president himself, sparking a monolithic rumor spree connected X. While immoderate are crediting this determination arsenic a nationalist endorsement of XRP, others person been acknowledging the aforementioned step as a caller dawn for XRP, which could assistance crook the tables astir for the token

Trump is going to publically endorse Ripple.

“The top American crypto institution successful the world.”

XRP

— Chad Steingraber (@ChadSteingraber) January 12, 2025

The articles uploaded connected Truth Social chiefly speech astir the “Donald Trump effect connected XRP” and however this improvement helped XRP summation important momentum ahead. The articles uploaded are old, but the determination successful itself is being heralded as thing that could alteration the XRP terms way for the better.

The quality was besides retweeted by Brad Garlinghouse, CEO of Ripple, giving a large boost to the full narrative.

Donald Trump posted 2 articles astir ripple connected TruthSocial backmost to backmost 🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸

👀 Link https://t.co/oLJ6alv3Qd pic.twitter.com/cxulCNRiQ8

— 𝗕𝗮𝗻𝗸XRP (@BankXRP) February 19, 2025

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The Token’s Future Price Analysis

For now, CoinCodex predicts the token to stabilize astir $2.47 by mid-March.

XRP STATSSource: CoinCodex

By May 2025, Ripple whitethorn yet assertion a caller terms way of $3.64, ushering successful a momentous terms rally.

Source: CoinCodex

“According to our existent Ripple terms prediction, the terms of XRP is predicted to emergence by 43.29% and scope $ 3.64 by May 20, 2025. Per our method indicators, the existent sentiment is neutral portion the Fear & Greed Index is showing 44 (fear). XRP recorded 13/30 (43%) greenish days with 10.71% terms volatility implicit the past 30 days. Based connected the XRP forecast, it’s present a bully clip to bargain XRP.”

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