Market
XRP And Cardano Fall After Trump Reserve Backlash

Donald Trump’s Crypto Reserve has received considerable skepticism from the crypto community. Rather than a stand-alone Bitcoin Reserve, he is proposing to fill a national reserve with XRP, Cardano, and other US-based tokens.
Already, these assets’ weekend gains have evaporated. As Congress seems very unlikely to pass the Reserve bill into law, this plan may have little long-term impact on the market.
XRP and ADA Drop More Than 20%
Since Donald Trump announced a US Crypto Reserve with XRP, Cardano, and Solana, the markets have been conflicted. During his 2024 election campaign, Trump ran on establishing a Bitcoin Reserve, but his recent executive order included a focus on other US-based cryptoassets.
Already, the crypto community has harshly criticized the decision, and it’s only intensifying:
“I’ve been thinking about the US Strategic Bitcoin/Crypto Reserve and there are two possible outcomes: The reserve is BTC and none of the mentioned altcoins actually make it in, or we’re going to accelerate into degeneracy unlike anything seen before,” said Samson Mow, a renowned opinion leader in the space.
Essentially, President Trump cannot simply purchase the requisite amounts of altcoins. The Bitcoin Reserve was premised on the notion that the federal government already controls the relevant assets due to seizures.
However, Congress will need to approve new purchases, and even some Republican party members might be hesitant to do so.
“Nothing new here. Just words. Let me know when they get congressional approval to borrow money and or revalue the gold price higher. Without that, they have no money to buy Bitcoin and shitcoins,” wrote former BitMEX CEO Arthur Hayes.
Several community members have speculated that Trump named these assets to fend off increasingly dire warnings of a bear market.
Although he did cause a pump over the weekend, it completely evaporated by Monday, and the community is not happy. XRP fell by 18%, Cardano dropped by 23%, and the entire crypto market is looking quite bearish.
“XRP basically flat over the last 10 days despite the literal President of the United States posting its ticker and saying it should be part of a US strategic crypto reserve,” said Bloomberg analyst Joe Weisenthal.

A Political Handout?
There are also potential hypotheses that President Trump’s choice to include XRP and ADA was largely because of the company’s political donations to his administration. Solana, too, stood to benefit greatly from Trump’s administration, and TRUMP meme coin was launched on the network.
In other words, it’s incomplete to suggest that these assets are in Trump’s expanded Reserve plan because they’re US-based companies. Each firm’s leadership is also materially entangled with him.
XRP, Cardano, and Solana would all get a direct boost from major federal acquisitions, and the companies’ closeness to the President may influence matters here.
“ETH and SOL make sense, given their strong and growing developer activity. But it’s not clear to me why XRP and ADA were included at all, considering they are virtually ghost chains compared to Ethereum and Solana. Indeed, the total value locked (TVL) and stablecoin capabilities on XRPL and Cardano are tiny compared to other ecosystem players. In my eyes, it somewhat delegitimizes the whole idea of crypto reserve assets like industry mainstays Bitcoin, Ether and Solana,” director of business development at SPACE ID Harrison Seletsky told BeInCrypto.
All that is to say, a lot is standing in the way of Trump’s proposal. The Republicans control Congress, but only by a slight margin. Some Democrats may oppose using taxpayer funds for crypto purchases, while Republican fiscal conservatives may question the impact on federal spending.
Overall, there’s a long way for the US president’s proposed crypto reserve to become a reality.
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
Market
Solana (SOL) Plunges 20%—Key Support Levels Now in Focus

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Market
XRP Drops by 10% Again as the Altcoin Struggles to Hold Gains

XRP surged 30% yesterday after being included in the US crypto reserve. This pushed its price above $2.90 for the first time in a month. This massive rally ignited strong bullish momentum, but the altcoin slumped 10% a day later.
XRP is seeing notable correction today, suggesting that profit-taking is underway. Whether the price can regain bullish momentum or continue its retracement will depend on key resistance and support levels, with traders closely watching $2.75 on the upside and $2.52 on the downside.
XRP RSI Is Neutral After Reaching Overbought Levels
XRP saw a significant surge in momentum after being included in the US crypto reserve. Its price rallied 30%, pushing its Relative Strength Index (RSI) to a peak of 84.5.
The RSI, a widely used momentum oscillator, measures the speed and change of price movements on a scale of 0 to 100. Readings above 70 indicate that an asset is overbought and could be due for a pullback. Readings below 30 suggest oversold conditions and a potential buying opportunity.
XRP’s RSI reached 84.5 – its highest level since December 2, 2024 – signaling extreme bullish sentiment, often preceding a short-term correction.

Now sitting at 63, XRP’s RSI has cooled off from its overbought zone, reflecting the recent retracement in price. While a reading above 60 still suggests bullish momentum, the decline from extreme levels could indicate that buying pressure is waning.
If RSI continues to decline toward the neutral 50 zone, XRP could see further consolidation or even a deeper pullback.
However, if buyers step in again and push RSI back above 70, it could signal renewed strength and another potential attempt at higher price levels.
Ichimoku Cloud Shows the Bullish Setup Is Still Here, But This Could Change
XRP Ichimoku Cloud chart analysis shows that the price saw a sharp breakout above the cloud (Kumo) following its 30% surge after being included in the US crypto reserve.
This breakout confirmed a strong bullish move, with XRP moving well above both the Tenkan-sen (blue line) and Kijun-sen (red line), signaling short-term and medium-term trend strength.
The sharp spike pushed XRP into overextended territory. However, as seen in the last few candles, a pullback has started, bringing the price closer to the Kijun-sen.

This suggests that while the uptrend remains intact, the market is reassessing its recent gains, and XRP is testing key short-term support.
If the price holds above the Kijun-sen, XRP price could consolidate before making another attempt at higher resistance levels.
However, if the correction deepens and XRP falls back toward the cloud, it could indicate a loss of momentum. The future cloud (Senkou Span A and B) remains bullish but with some flattening. That indicates that the market is at a pivotal point.
XRP Price Can Have a Hard Time to Reach $3
XRP surged to nearly $2.95 following its inclusion in the US crypto reserve, marking a sharp bullish move.
However, after this rapid climb, the price has started to correct in the last few hours, suggesting that some traders are taking profits.
The technical outlook now depends on whether the uptrend can regain strength. If buying pressure returns, XRP could test the $2.75 resistance again. A breakout above this level could see it retesting $2.96, which acted as a barrier during yesterday’s rally.
A successful move past this resistance would open the door to a push toward $3.15, marking the first time XRP has traded above $3 since February 1. The SEC dropping the case against XRP could be a potential drive for that.

On the downside, if the correction continues and selling pressure increases, XRP price could find support at $2.52. A breakdown below this level would put the next key support at $2.36 in focus. Further declines could potentially drive the price toward $2.15 and $2.06.
This could be driven if more questions about the asset being included in the US crypto reserve start to emerge. Harrison Seletsky, director of business development at digital identity platform SPACE ID, told BeInCrypto that these assets are odd choices to the reserve:
“I’m certainly surprised that US President Donald Trump has chosen to announce a full-blown crypto strategic reserve, rather than just a Bitcoin strategic reserve, as everyone had been expecting. Beyond that, the choice of assets is also unusual. ETH and SOL make sense, given their strong and growing developer activity. But it’s not clear to me why XRP and ADA were included at all, considering they are virtually ghost chains compared to Ethereum and Solana. Indeed, the total value locked (TVL) and stablecoin capabilities on XRPL and Cardano are tiny compared to other ecosystem players – $80 million and $460 million, respectively. In my eyes, it somewhat delegitimizes the whole idea of crypto reserve assets like industry mainstays Bitcoin, Ether and Solana,” Harrison Seletsky told BeInCrypto.
If bearish momentum strengthens significantly, XRP could fall below the psychological $2 mark, with $1.77 emerging as the next major support level.
Disclaimer
In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
Market
Ethereum Price Crashes to $2,000—Is More Downside Ahead?

Ethereum price started a fresh decline from the $2,550 zone. ETH is now back below $2,200 and might decline further in the near term.
- Ethereum started a fresh decline below the $2,350 support zone.
- The price is trading below $2,250 and the 100-hourly Simple Moving Average.
- There is a new bearish trend line forming with resistance at $2,160 on the hourly chart of ETH/USD (data feed via Kraken).
- The pair must clear the $2,160 and $2,250 resistance levels to start a recovery wave.
Ethereum Price Dives 15%
Ethereum price failed to clear the $2,550 resistance zone and started a fresh decline, like Bitcoin. ETH gained bearish momentum below the $2,400 and $2,350 support levels.
There was a clear move below the $2,250 support zone and the 100-hourly Simple Moving Average. The price even dived below the last low and tested the $2,000 zone. A low was formed at $2,003 and the price is now consolidating losses below the 23.6% Fib retracement level of the recent decline from the $2,550 swing high to the $2,003 low.
Ethereum price is now trading below $2,250 and the 100-hourly Simple Moving Average. On the upside, the price seems to be facing hurdles near the $2,080 level. The first major resistance is near the $2,150 level.
There is also a new bearish trend line forming with resistance at $2,160 on the hourly chart of ETH/USD. The main resistance is now forming near $2,275 and the 50% Fib retracement level of the recent decline from the $2,550 swing high to the $2,003 low.

A clear move above the $2,275 resistance might send the price toward the $2,350 resistance. An upside break above the $2,350 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,450 resistance zone or even $2,500 in the near term.
Another Decline In ETH?
If Ethereum fails to clear the $2,160 resistance, it could start another decline. Initial support on the downside is near the $2,020 level. The first major support sits near the $2,000 zone.
A clear move below the $2,000 support might push the price toward the $1,880 support. Any more losses might send the price toward the $1,750 support level in the near term. The next key support sits at $1,640.
Technical Indicators
Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone.
Hourly RSI – The RSI for ETH/USD is now below the 50 zone.
Major Support Level – $2,000
Major Resistance Level – $2,160
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