XRP’s 3% Surge: A Bullish Bounce Igniting Hopes of a Significant March 13 Breakout
XRP has experienced a noticeable 3% surge in the past 24 hours, currently trading at $2.14 after briefly touching $2.24.
However, uncertainty continues to shake investors’ confidence. The price action coincides with major developments in the crypto market, as Franklin Templeton has confirmed plans to launch a spot XRP exchange-traded fund (ETF), signaling growing institutional interest beyond Bitcoin.
Franklin Templeton’s move follows its Solana ETF filing last month, consistent with asset managers’ increasing efforts to secure regulatory approval for crypto-related funds.
However, the United States Securities and Exchange Commission (SEC) remains cautious , delaying decisions on multiple spot cryptocurrency ETFs, including XRP, Solana, Litecoin, and Dogecoin. The next review date is set for May.
It’s crucial to understand that if approved, these investment products could introduce significant liquidity and demand, potentially driving prices higher.
Related: Ripple CTO David Schwartz on XRPL: KYC Tussle and Decentralization
Financial commentator Patrick Bet-David stated that XRP has the potential to reach $1,000 if it captures a significant share of SWIFT’s global payment volume .
SWIFT processes around $5 trillion daily, or $1.24 quadrillion annually. Bet-David estimates that if the XRP Ledger processes just 5% of SWIFT’s volume, XRP’s price could climb to $100, with further upside if adoption increases.
The Relative Strength Index (RSI) currently sits at 42.96, indicating that XRP has yet to confirm a strong bullish reversal. A push above 50 would signal stronger buying momentum, while a drop below 40 could lead to further downside.
Related: XRP Price Prediction March 12: Can Regulatory Clarity Win Help the Token Defy Downturn?
However, the Bollinger Bands (BB) show XRP trading near the lower band at $1.92, suggesting that it is approaching a potential support zone. Historically, a bounce from this level could trigger a short-term rally toward the middle band at $2.35 and, if bullish momentum builds, toward the upper band at $2.78.
A break above $2.35 would confirm a bullish continuation, while a drop below $1.92 could push prices lower.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
Donald Trump Ignites Crypto Race: US Aims to Eclipse China
During his first term in office, in 2019, US President Donald Trump trashed Bitcoin (BTC) and other cryptocurrencies, calling them unstable and based on “thin air.”
He also criticized their potential to facilitate illicit activities like drug trafficking and fraud. However, his view has shifted significantly since his election for a second term, leading to an ambitious plan to position the US as the global leader in digital assets.
Since taking office again in January 2025, Trump has aggressively embraced cryptocurrencies. He even held a first-of-its-kind White House summit dedicated to digital assets a few days ago.
Speaking to a room of industry leaders, including Chainlink’s Sergey Nazarov, Trump declared that the US would become the “crypto capital of the world.”
His turnaround on digital assets began during his 2024 presidential campaign, when he warned that the US must embrace cryptocurrency to prevent China from taking the lead.
Related: Trump to Sign Executive Order Overturning Biden’s Crypto Banking Restrictions
“Trump’s ambition to position the US as the global crypto capital isn’t just about economic leadership – it’s also a geopolitical move,” said Matteo Giovannini, a senior finance manager at the Industrial and Commercial Bank of China.
To further cement his administration’s crypto stance, Trump signed an executive order to establish a “Strategic Bitcoin Reserve and United States Digital Asset Stockpile” which will include Bitcoin (BTC), Ether (ETH), XRP, Solana (SOL), and Cardano (ADA).
China, which previously imposed strict regulations on cryptocurrency trading and mining, may be rethinking its position now.
Bitcoin advocate David Bailey, one of the key figures in influencing Trump’s change of heart on digital assets, claimed that China has been holding closed-door meetings on Bitcoin since the 2024 US elections. Though no official confirmation has come out, the speculation suggests that Beijing may be planning its own strategic response to Trump’s crypto push.
Historically, China has maintained tight control over financial markets, pushing for its central bank digital currency (CBDC), the digital yuan, rather than embracing decentralized assets like Bitcoin.
Related: EU’s Concern of Trump’s Pro-Crypto Policies To Undermine Euro Stability
However, if the US successfully integrates Bitcoin into its financial system and trade policy, China might need to re-evaluate its stance to avoid falling behind.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
Shiba Inu Team Stands Firm: ‘SHIB Is Our BTC’ as Market Faces Uncertainty
Shiba Inu (SHIB) has been facing intense selling pressure as the broader crypto market has recently experienced a bearish trend . The downturn has threatened SHIB’s standing among the top 20 digital assets. However, Shiba Inu’s marketing lead, Lucie, remains firm on the project’s significance, issuing a strong statement that reaffirms its core identity in the crypto world.
In an update on X, Lucie emphasized that SHIB is not just another meme coin but the foundation of an expanding ecosystem. She reinforced this with a bold comparison:
SHIB is our BTC.
The statement reflects the team’s belief that SHIB holds a central position within its ecosystem, just as Bitcoin (BTC) does for the broader market. Beyond its role as a token, Lucie highlighted the broader Shiba Inu ecosystem, which includes BONE, SHIB, and Shib: The Metaverse.
“For me, that means everything—TREAT, BONE, SHEB, LEASH, Shiboshis, and Shib: The Metaverse,” said Lucie.
SHIB has been caught in the wider market downturn, and the price has faced sharp fluctuations. Lucie attributes this instability to “manipulation” rather than fundamental weaknesses in the crypto sector. At the time of writing, SHIB faced a 6.40% decline in the last 24 hours, with its price reaching $0.00001168. Lucie said:
The market was liquidated due to political fear-mongering and manipulation, but there’s no reason to stop—only to push harder,
However, trading volume saw a 34% gain, reaching 470 million in the same period. This spike has sparked speculation that large holders , often referred to as whales, may be returning to the market. However, on-chain data suggests that many major investors have been offloading their SHIB holdings, increasing the selling pressure.
One key indicator, the Large Holder Netflow metric, has turned significantly negative, signaling a wave of sell-offs. This activity has been a notable driver behind the asset’s recent struggles. Yet, despite whale movements, some analysts believe SHIB still holds strong potential for long-term growth.
Davinci Jeremie, a well-known early Bitcoin investor, recently shared his thoughts on SHIB’s prospects. “I like Shiba Inu,” he said in a video update. However, he tempered expectations, stating :
I think Shiba Inu is going to do relatively well in this cycle, but it may not go as high as you expect.
Jeremie, who gained widespread recognition in 2013 for urging people to invest even $1 in Bitcoin, pointed to Shibarium as a potential growth catalyst for SHIB. The layer-2 network provides low-cost transactions and an infrastructure for decentralized applications (dApps), which could significantly enhance SHIB’s utility.
Despite that potential, adoption remains limited. He described Shibarium as a network capable of hosting various applications at minimal cost but noted a lack of active users and practical use cases for tokens within its ecosystem.
Congress Torches IRS Crypto Rules in Major Win for Digital Assets
The U.S. House of Representatives approved H.J. Res. 25 on March 11, aiming to overturn the previous administration’s “Broker Rule,” which critics argue imposes excessive burdens on digital asset transactions and stifles innovation. This follows the Senate’s passage of S.J. Res. 28 on March 5.
The measure seeks to nullify an Internal Revenue Service (IRS) regulation that requires certain brokers, including decentralized finance (DeFi) entities, to report transaction details. Supporters of the resolution contend that the rule imposes unnecessary compliance costs and threatens to drive cryptocurrency development overseas. House Financial Services Committee Chairman French Hill (R-AR) praised the decision, stating:
The previous Administration’s controversial ‘Broker Rule’ is a clear example of government overreach that threatens to push American digital asset development overseas.
The lawmaker added: “I was proud to protect America’s leadership in the digital asset ecosystem and vote to overturn this harmful, anti-innovation midnight rulemaking.” Hill also underscored the need for bipartisan action to refine cryptocurrency regulations: “I look forward to working in a bipartisan manner to ensure the digital asset reporting requirements from the Infrastructure Investment and Jobs Act match the technology’s operation. We must bring legal and regulatory certainty to ensure these technologies and entrepreneurs can flourish here in the United States.”
House Republican Conference Chairwoman Lisa McClain (R-MI) commented:
We voted to reverse another burdensome regulation that created unnecessary bureaucracy in our digital asset sales. House Republicans are easing restrictions, spurring innovation, and making America more competitive.
President Donald Trump must sign the resolution for it to become law. The White House has expressed support for the measure, aligning with its broader strategy to ease regulatory constraints and foster innovation in the digital asset sector.
免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。
Better Buy for 2025: XRP vs. Nvidia?
Investors are always on the hunt for high-performing assets, and two of the most exciting options for 2025 are XRP , one of the most widely used cryptocurrencies, and Nvidia (NVDA) , the leader in AI and semiconductor technology. Both assets have seen incredible growth in the past, but they are currently facing market corrections. With XRP trading at $2.03 (-2.98%) and Nvidia at $107.46 (-1.00%), the big question remains—which one is the better buy for 2025?
XRP has been a dominant player in the crypto space, benefiting from institutional partnerships and the Ripple ecosystem, but its price has taken a hit in recent months. On the other hand, Nvidia has capitalized on the AI revolution, but concerns over overvaluation and profit-taking have led to a steep pullback in its stock price. As both assets stand at a crossroads, it’s time to analyze their technical indicators, price trends, and potential price targets to determine which asset has the strongest upside potential in 2025.
XRP’s recent price action reflects a cooling-off period after an explosive rally in late 2024. The cryptocurrency surged on strong institutional adoption and favorable regulatory developments, but it has struggled to maintain its momentum. Currently, XRP is testing a key support level at $1.90, and if this level fails, the asset could drop to $1.50 or lower before buyers step back in.
The Relative Strength Index (RSI) is at 35.78, indicating that XRP is nearing oversold conditions. Historically, when XRP’s RSI has dropped below 30-35, the asset has seen strong rebounds. However, a low RSI alone is not enough to confirm a bullish reversal, especially when the Moving Average Convergence Divergence (MACD) remains negative, signaling that bearish momentum is still in play.
If XRP price holds its $1.90 support and reclaims $2.50, it could trigger a bullish rally toward $3.50-$4.00 in 2025. However, if sellers continue to dominate, the next major demand zone sits around $1.50, where institutional buyers could step in. The upside potential for XRP remains high, but its recovery depends on broader crypto market sentiment and regulatory clarity.
Nvidia price has been one of the biggest winners in the tech stock market, driven by the massive demand for AI chips and high-performance GPUs. However, after reaching record highs, NVDA has experienced a sharp correction, raising concerns about whether the stock is overvalued. While AI and semiconductor demand remain strong, investors are now questioning whether Nvidia’s rapid growth is sustainable or if the stock will continue its downtrend.
Currently, Nvidia’s RSI is at 29.04, placing it in oversold territory. This suggests that a short-term bounce is likely, but Nvidia’s MACD remains negative, confirming that the bearish trend has not yet reversed. Key support lies at $100, and if Nvidia breaks below this level, further downside toward $90 or even $85 is possible.
For Nvidia to regain bullish momentum, the stock must break above $120 and establish strong support above that level. If Nvidia’s AI-driven demand remains strong and institutional investors return, NVDA could rally toward $150-$180 in 2025. However, if profit-taking continues and concerns about overvaluation persist, the stock may struggle to regain momentum in the short term.
Both XRP and Nvidia offer unique investment opportunities, but their potential depends on market trends and risk tolerance.
XRP presents a high-risk, high-reward scenario, especially if the crypto market recovers and Ripple’s adoption grows. If XRP successfully breaks out of its current downtrend, it could significantly outperform Nvidia in percentage gains. However, XRP remains highly volatile and is subject to regulatory uncertainties, making it a riskier bet for conservative investors.
Nvidia, on the other hand, represents a more stable investment in the long run, thanks to strong fundamentals, dominance in AI chip manufacturing, and increasing demand for GPUs . While the stock has corrected sharply, its core business remains strong, and a rebound could push NVDA to new highs in 2025. However, if AI stocks continue to experience profit-taking and valuation concerns, Nvidia’s recovery could take longer than expected.
For investors seeking massive potential gains, XRP could be the better buy, but it comes with higher risk. For those looking for a safer, long-term growth stock, Nvidia is the more stable choice. Both assets could perform well in 2025, but their success will depend on market sentiment, institutional interest, and industry trends.