šØ Official Trump Price Breakout Signals An Upward Trajectory šØ
The recent price action of the TRUMP price has confirmed a falling wedge breakout, a classically bullish pattern. After a significant rally in late April, TRUMP entered a corrective phase, forming a series of lower highs and lower lows within converging trendlines. This formed a falling wedge, a structure often interpreted as a continuation or reversal signal depending on the context. The Official Trump price broke above the wedgeās upper resistance with strong bullish momentum, backed by a large green candle and increased volatility. This breakout was particularly significant because it coincided with TRUMP climbing above both the 50 Simple Moving Average (SMA) on the 4-hour chart at $11.86 and the 200-day ($10.21), a dual signal of trend strength. The current price of Official Trump at $12.09 confirms the breakout and implies a possible continuation of the prior bullish trend, as GeckoTerminal data shows. Meanwhile, the Relative Strength Index (RSI) stands at 64.19, which reflects solid bullish momentum without yet entering overbought conditions (above 70). This leaves room for further upward movement. The Moving Average Convergence Divergence (MACD) has also turned bullish with the blue MACD line (0.17) crossing above the signal line (-0.14) and the histogram is showing positive momentum. Falling wedge breakouts typically aim for a measured move equal to the wedgeās height. In this case, the projected target lies in the $14.50 to $16.00 range.
According to him, the prediction is driven by the continued support XRP has received from U.S. government officials. In his view, government officials are supporting XRP at the federal level. This is reflected in President Donald Trumpās mention of the coin among the assets that could be featured in the U.S. crypto reserve initiative. The U.S. SEC is also negotiating with Ripple to resolve its longstanding lawsuit.
The favorable treatment of XRP by the U.S. government could enhance the coinās credibility, which in turn could drive its demand and price to $24, as projected by Jeremie.
According to him, the prediction is driven by the continued support XRP has received from U.S. government officials. In his view, government officials are supporting XRP at the federal level. This is reflected in President Donald Trumpās mention of the coin among the assets that could be featured in the U.S. crypto reserve initiative. The U.S. SEC is also negotiating with Ripple to resolve its longstanding lawsuit.
The favorable treatment of XRP by the U.S. government could enhance the coinās credibility, which in turn could drive its demand and price to $24, as projected by Jeremie.
Market analyst Dom pointed out a key change in XRP market behavior compared to previous cycles starting around 2020. Dom noted that historical XRP price peaks often saw the perpetual futures market leading spot prices; a sign of speculative, leverage-driven bubbles prone to sharp corrections. In contrast, market data from early 2025 reveals an XRP āspot premium,ā where the spot market price trades higher than futures. According to Dom and analysis reported by sources like Cointelegraph, this suggests the current price strength is underpinned by genuine spot buying demand, indicating a more stable rally than past speculative surges.
Market analyst Dom pointed out a key change in XRP market behavior compared to previous cycles starting around 2020. Dom noted that historical XRP price peaks often saw the perpetual futures market leading spot prices; a sign of speculative, leverage-driven bubbles prone to sharp corrections. In contrast, market data from early 2025 reveals an XRP āspot premium,ā where the spot market price trades higher than futures. According to Dom and analysis reported by sources like Cointelegraph, this suggests the current price strength is underpinned by genuine spot buying demand, indicating a more stable rally than past speculative surges.
šØ XRP Price May Explode as US Investors, Whales, Back Ripple šØ
The price of XRP is at a pivotal point after a recent report revealed that 23% of US crypto investors have invested in Ripple. Meanwhile, this altcoin has a 67% awareness rate, suggesting that its popularity is notably high. According to the National Cryptocurrency Association, XRP is the 6th most popular crypto in the US. This data indicates that despite the SEC vs. Ripple lawsuit not being formally closed, investor confidence in the blockchain and its native token remains notably high. Hence, once the SEC releases an official statement on the settlement, 67% of US traders who are aware of Ripple may flock to the altcoin, and spark a massive price gain.
Meanwhile, whale activity hints that large investors are leaning towards a bullish XRP price prediction in May after acquiring a staggering 200M tokens this week alone. Per Santiment data, those holding between 10M and 100M Ripple tokens have increased their holdings from 7.59 billion to 7.79 billion
As of May 3, 2025, the global cryptocurrency market cap is $11.32B with a -2.02% change in the last 24 hours. Today's price of SUI is $3.40, with a 24-hour trading volume of $1.03B. SUI is -1.95% in the last 24 hours, with a circulating supply of 3.34B SUI coins and a maximum supply of 10.00B SUI coins. SUI ranks 13 by market cap. It has a 24H high of $3.49 recorded on May 3, 2025, and its 24H low so far is $3.36, recorded on May 3, 2025.
As of May 3, 2025, the global cryptocurrency market cap is $11.32B with a -2.02% change in the last 24 hours. Today's price of SUI is $3.40, with a 24-hour trading volume of $1.03B. SUI is -1.95% in the last 24 hours, with a circulating supply of 3.34B SUI coins and a maximum supply of 10.00B SUI coins. SUI ranks 13 by market cap. It has a 24H high of $3.49 recorded on May 3, 2025, and its 24H low so far is $3.36, recorded on May 3, 2025.
3rd May 2025 ā (New York) XRP price may be on the verge of a significant bullish breakout, driven by ongoing accumulation from large investors known as whales. Currently trading at $2.22, XRP has seen a substantial increase of 36% from its April lows, indicating growing investor confidence. Whales holding between 1 million and 10 million XRP have ramped up their holdings from 3.8 billion coins in November to 5.9 billion today. Similarly, those with 10 million to 100 million coins have increased their total from 6.5 billion to 7.9 billion. This surge suggests that sophisticated investors are optimistic about XRPās potential for future gains. The recent buying frenzy among these large holders is largely fueled by expectations surrounding the potential approval of an XRP ETF by the U.S. Securities and Exchange Commission. Analysts predict that such an approval could attract over $8 billion in inflows within its first year, with hopes that a decision could come as early as June. Market analysts are bullish on XRP, with Standard Chartered forecasting a potential sixfold increase in its price, which would elevate its market cap beyond $600 billion, surpassing Ethereum. XRPās growing market share in the stablecoin sector, particularly through Ripple USD, adds to the optimism. If Ripple USD captures even a modest share of the projected $1.6 trillion stablecoin market by 2030, it could significantly boost XRPās valuation.
Technical indicators are also favorable for XRP. The daily chart shows that XRP has recently consolidated after breaking above a descending trendline, which is often a bullish reversal signal. The formation of an inverse head and shoulders pattern further supports the potential for continued price increases.
3rd May 2025 ā (New York) XRP price may be on the verge of a significant bullish breakout, driven by ongoing accumulation from large investors known as whales. Currently trading at $2.22, XRP has seen a substantial increase of 36% from its April lows, indicating growing investor confidence. Whales holding between 1 million and 10 million XRP have ramped up their holdings from 3.8 billion coins in November to 5.9 billion today. Similarly, those with 10 million to 100 million coins have increased their total from 6.5 billion to 7.9 billion. This surge suggests that sophisticated investors are optimistic about XRPās potential for future gains. The recent buying frenzy among these large holders is largely fueled by expectations surrounding the potential approval of an XRP ETF by the U.S. Securities and Exchange Commission. Analysts predict that such an approval could attract over $8 billion in inflows within its first year, with hopes that a decision could come as early as June. Market analysts are bullish on XRP, with Standard Chartered forecasting a potential sixfold increase in its price, which would elevate its market cap beyond $600 billion, surpassing Ethereum. XRPās growing market share in the stablecoin sector, particularly through Ripple USD, adds to the optimism. If Ripple USD captures even a modest share of the projected $1.6 trillion stablecoin market by 2030, it could significantly boost XRPās valuation.
Technical indicators are also favorable for XRP. The daily chart shows that XRP has recently consolidated after breaking above a descending trendline, which is often a bullish reversal signal. The formation of an inverse head and shoulders pattern further supports the potential for continued price increases.
šØ Trump hopes U.S. will be the "crypto capital of the world" šØ
The president, who as recently as 2021 described crypto currency as a "scam," has since embraced digital currency, saying he hopes to make the United States the "crypto capital of the world." Since his inauguration, Mr. Trump has made several moves to unwind the regulatory environment that many industry insiders say crippled crypto businesses. He has issued multiple executive orders to promote cryptocurrency, including one that seeks to promote the growth of digital currencies and another that instructed the Treasury Department to create a strategic cryptocurrency reserve. Mr. Trump has also used his office to pardon the three founders of cryptocurrency exchange BitMEX, who pleaded guilty in 2022 to failing to prevent money laundering on their platform, according to a report by Reuters. The value of Mr. Trump's crypto assets have at times fluctuated with his policy decisions and social media posts. The value of $TRUMP increased 18.1% in early March after the president issued an executive order promoting a strategic cryptocurrency reserve, according to the report. A few weeks later, on March 23, the president posted "I Love $TRUMPā SO COOL!! The Greatest of them all!!!!" on Truth Social, which led to an increase in the price of the meme coin from $10.93 to $12.24. Whether or not the $TRUMP coin increases in value, the president's business collects trading fees when people buy or sell the coin. A Reuters analysis found that business entities behind the $TRUMP coin could have made nearly $100 million in fees in less than two weeks of trading.
šØ Trump hopes U.S. will be the "crypto capital of the world" šØ
The president, who as recently as 2021 described crypto currency as a "scam," has since embraced digital currency, saying he hopes to make the United States the "crypto capital of the world." Since his inauguration, Mr. Trump has made several moves to unwind the regulatory environment that many industry insiders say crippled crypto businesses. He has issued multiple executive orders to promote cryptocurrency, including one that seeks to promote the growth of digital currencies and another that instructed the Treasury Department to create a strategic cryptocurrency reserve. Mr. Trump has also used his office to pardon the three founders of cryptocurrency exchange BitMEX, who pleaded guilty in 2022 to failing to prevent money laundering on their platform, according to a report by Reuters. The value of Mr. Trump's crypto assets have at times fluctuated with his policy decisions and social media posts. The value of $TRUMP increased 18.1% in early March after the president issued an executive order promoting a strategic cryptocurrency reserve, according to the report. A few weeks later, on March 23, the president posted "I Love $TRUMPā SO COOL!! The Greatest of them all!!!!" on Truth Social, which led to an increase in the price of the meme coin from $10.93 to $12.24. Whether or not the $TRUMP coin increases in value, the president's business collects trading fees when people buy or sell the coin. A Reuters analysis found that business entities behind the $TRUMP coin could have made nearly $100 million in fees in less than two weeks of trading.
Furthermore, XRPās 24-hour active address count also supports the bearish outlook. This metric tracks the number of unique wallet addresses involved in sending or receiving XRP within a given time frame. When active addresses rise alongside price, it typically signals strong network engagement and a bullish trend. However, this metric has dropped in line with the recent sell-offs of XRP whales, indicating weakening on-chain activity. If this decline in network participation persists, XRPās price could face additional downward pressure in the short term.
The bulls have managed to keep XRP $2.21 above the moving averages, but the bounce lacks strength. The flattening 20-day EMA ($2.17) and the RSI just above the midpoint do not give a clear advantage either to the bulls or the bears. Buyers will seize control on a break and close above the resistance line. That clears the path for a rally to $3. On the contrary, a break and close below the moving averages could sink the XRP/USDT pair to the solid support at $2. This is a critical level to keep an eye on because a break below $2 could pull the pair to $1.61.
The bulls have managed to keep XRP $2.21 above the moving averages, but the bounce lacks strength. The flattening 20-day EMA ($2.17) and the RSI just above the midpoint do not give a clear advantage either to the bulls or the bears. Buyers will seize control on a break and close above the resistance line. That clears the path for a rally to $3. On the contrary, a break and close below the moving averages could sink the XRP/USDT pair to the solid support at $2. This is a critical level to keep an eye on because a break below $2 could pull the pair to $1.61.
The latest surge in the Official Trump memecoinās price was triggered by a high-profile announcement on 23 April, when the Trump campaign unveiled an exclusive event for top $TRUMP holders. Published on the campaign-affiliated website, the announcement billed the occasion as āthe most EXCLUSIVE INVITATION in the world,ā a gala dinner with President Donald Trump on May 22 at Trump National Golf Club in Washington, D.C."
"Eligibility is strictly limited to the top 220 holders of the $TRUMP token, with the top 25 wallets granted an ultra-VIP experience that includes a private reception with the president and a guided White House tour." Within hours, $TRUMP surged over 50%, adding more than $100m to its market capitalisation as investors scrambled for a spot at what some dubbed āthe presidential table.ā The stunt sparked a frenzy across crypto trading communities, but also reignited a backlash in Washington.
The latest surge in the Official Trump memecoinās price was triggered by a high-profile announcement on 23 April, when the Trump campaign unveiled an exclusive event for top $TRUMP holders. Published on the campaign-affiliated website, the announcement billed the occasion as āthe most EXCLUSIVE INVITATION in the world,ā a gala dinner with President Donald Trump on May 22 at Trump National Golf Club in Washington, D.C."
"Eligibility is strictly limited to the top 220 holders of the $TRUMP token, with the top 25 wallets granted an ultra-VIP experience that includes a private reception with the president and a guided White House tour." Within hours, $TRUMP surged over 50%, adding more than $100m to its market capitalisation as investors scrambled for a spot at what some dubbed āthe presidential table.ā The stunt sparked a frenzy across crypto trading communities, but also reignited a backlash in Washington.
So Circle fits Ripple from a product positioning perspective, plus Ripple is flush with cash. It is still the largest holder of the XRP cryptocurrency, which has more than quadrupled in price since the US elections, despite having dropped a third from its January peak. Today XRP is valued at $2.22 or $130 billion in total. At the end of last year Ripple held 4.5 billion in XRP tokens outright, plus 38 billion tokens locked up in escrow. The outright XRP holdings are equivalent to $10 billion. However, it recently committed $1.25 billion toĀ acquire prime broker Hidden Road, an active player in the FX markets.
If Ripple offloaded its 4.5 billion XRP over a short period, theoretically that should suppress the XRP price. That said, the XRP price is more driven by speculation than other cryptocurrencies, so it could go either way.
Why is the XRP price described as speculative? Because the current market capitalization of XRP is around 58% of Ethereumās. If you use the fully diluted figure (including Rippleās escrowed tokens), the total value of all XRP and Ethereum tokens are the same. Yet Ethereumās daily active addresses are around 465,000, or twenty times more than the roughly 23,000 for XRP. Thatās without considering the vastly different numbers of Ethereum developers and every other metric. So for Ripple, itās a great time to spend XRP. But any acquisition target that has to hold on to XRP for any period of time might worry about the sustainability of the tokenās price.
Since early April, the BONK price action has shown strong bullish momentum, consistently forming higher highs and higher lows. The Bonk priceās sharp increase was due to accumulation at the base when relatively low FileName traders took out weak holders, giving the real buyers a chance to maneuver. The alignment of the EMA 10, 20, and 50 on the daily chart was another bullish technical signal at press time. According to market analysis, āPrice action remains firmly bullish as long as key support levels hold above $0.00001800,ā said an analyst at Bitcoinsensus. However, for the current month and year, Bonk appeared to be consolidating and experiencing a breakout at the yearly VWAP level. It was trading slightly above $0.00001957 at press time and could break out. The volume remained high, but the candle bodies were small with long wicks. It suggested that the upsurge was cooling at the moment.