#XRP price may crash 55% if strategic crypto reserve inclusion fails

XRP price has lost the momentum it had in November 2024 and has moved into a technical bear market after falling by 25% from the highest point this year.

In a recent statement, Willy Woo, a popular analyst with over 1 million X followers, argued that having a Strategic XRP Reserve was a bad idea. He argued that no other country would buy a US-controlled XRP and that Bitcoin was the only geopolitically neutral asset like gold.

Further, it is unclear whether a divided Congress would approve creating an XRP reserve. To do that, Trump would need a majority of votes in the House of Representatives and 60 in the Senate.