Donald Trump's announcement on March 2, including the Crypto XRP in an American strategic reserve alongside Solana and Cardano propelled Altcoin by +34% in 24 hours. A flash of ephemeral glory: the next day, the course retraced 50 %, while the on-chain data revealed a massive flight of institutional investors. Does the crypto cross a classic scenario of Pump and Dump amplified by politics, or does this withdraw hide a discreet accumulation before a rebound?
Record distribution: whales drop the ship
The Crypto XRP, stable under 0.50 dollars for months, saw its price explode between $ 2 and 3 after the Trump announcement.
A deceptive signal. Ki-Young Ju, founder of cryptocurrency, identified via a bubble card with a frantic activity at these levels. But contrary to appearances, these are not purchases. “This is a distribution phase, no accumulation,” he says. Large wallets sell, methodically.
Support proof: Maartunn, ONCHAIN analyst, notes that XRP whale flows (30-DMA) have reached a historic floor. “They get rid of the XRP crypto like never before,” he summarizes.
Binance reserves, from 2.72 to 2.90 billion tokens in a few days, confirm this selling pressure. A paradox: political endorsement, supposed to reassure, triggers a distrust.
There remains a question: why sell now? The answer could nestle in cycles. In the distribution phase, the “smart money” secure their profits before collapse, letting the retail investors wear the burden. With an XRP still at -30 % of its ATH, this strategy recalls the patterns observed before the 2018 or 2022 Krachs.
$ 2.50: a psychological threshold for crypto
On the technical front, opinions diverge. Dom, market analyst, notes that the XRP failed to maintain the VWAP at 2.70 dollars, a key for a healthy trend. “Without reconquest of 2.50 dollars, any bounce will remain vulnerable,” he warns. A critical area, therefore, where buyers and sellers compete.
Yet, Dami Defi sees in HTF graphics a consolidation under major resistance. “Trump laid the foundations. A break here will trigger the discovery of prices, ”he says.
Optimism tempered by Matt C, for whom the XRP draws an inverted head and shoulders – figure of lowering. The RSI, with its descending peaks, accredits its thesis: this rally is a liquidity trap for small wallets ”.
Between these contradictory visions, a fact remains: the impact of political statements on the crypto remains unpredictable. Trump offered an unprecedented visibility to the XRP, but the fundamentals -Ripple -sec disputes, real adoption -weigh heavier. The whales understood this, preferring to make quick gains rather than speculating on a hypothetical status of “strategic reserve”
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