HOLY F*CK TRUMP GAVE MASSIVE XRP RELATED NEWS! XRP JUST BROKE $3!!!

XRP Breakout and Market News

XRP is breaking out to new highs, approaching its all-time high of $3. The current price surge is attributed to a combination of technical setup and fundamental news.

Technical Setup

• The price has broken above the resistance level of $2.90.
• A triangle formation has flipped into support, leading to a massive move up.

Fundamental News

• The Trump administration is set to revamp Bitcoin and crypto policy, which may pause enforcement.
• President Trump's SEC is expected to have a more pro-crypto stance.
• Tom Emmer has been appointed as the vice chairman of the subcommittee on digital assets, financial technology, and artificial intelligence, and he is pro-XRP.

Market Implications

• The change in SEC policy could be beneficial for XRP and other cryptocurrencies.
• Ripple, an American company, has spent significant resources on defense against the SEC and could now focus on growth and development.
• The strength in XRP is palpable, with the price taking breaks but showing significant strength compared to the general market.

Trading Considerations

• If you feel under-allocated, you may want to dollar-cost average or take a long position.
• The current setup is considered bullish, especially with the obvious resistance line flipped into support.
• Leverage trading is risky and requires caution, but it can also provide significant returns.