Let’s not bury the lead. XRP (XRP-USD) has jumped nearly 30% in the past week and smashed through its 20, 50, 100, and 200-day moving averages like they were paper walls. This type of price action suggests that something bigger is building behind the scenes. For example, Bitcoin is soaring to all-time highs, the crypto market is heating up, and now politicians are chiming in. Former President Trump just posted that crypto is “through the roof,” and called on the Fed to cut rates rapidly. This type of messaging impacts market confidence, and then naturally we see new price rallies.
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Think About the Fed’s Next Move
Now let’s think this through. If the Federal Reserve starts slashing interest rates quickly, which Trump seems to be pushing for, what happens? Cash in savings accounts becomes less attractive. Bonds offer even lower yields. So where does the money go? To assets with higher return potential, like cryptocurrencies. And XRP isn’t just any crypto. It has real-world utility, especially in global payments. So a looser monetary policy could be rocket fuel for XRP.
XRP Breaks Out with Force as Broader Crypto Market Lifts Off
On the charts, XRP has cleared every major moving average, which usually signals strength. It’s like the market is saying, “we’re not done yet.” These aren’t random moves; traders are watching these levels closely. If XRP holds above them, more institutional money might start flowing in. And once that door opens, it’s hard to close.
However, it’s important that we don’t ignore the bigger picture. This rally isn’t just about XRP or Trump tweets or moving averages. It’s about momentum across the entire crypto space. Bitcoin is leading the charge, Ethereum is holding steady, and XRP is clearly catching a second wind. If the Fed follows through with rate cuts, it could lead to a wave of capital rotating out of bonds and into digital assets. And with XRP’s mix of speed, cost-efficiency and utility, it’s not hard to imagine it outperforming again.
So is this just another temporary spike, or is it the beginning of a bigger breakout? If you believe that lower rates, stronger crypto adoption, and real-world use cases matter, then XRP could be in for more upside.
At the time of writing, XRP is sitting at $2.9293.
