XRP Faces Major Setback After Criticism of Strategic Reserve Inclusion

XRP's price has been fluctuating as investors await key developments, including Ripple CEO Brad Garlinghouse’s stance on strategic crypto reserves. Recently, analyst Willy Woo challenged Garlinghouse’s view, arguing that XRP isn’t neutral enough for such reserves, causing concern for XRP's price.

Currently XRP Price trading at $2.41 as per Coinpedia Market data.


For a more detailed XRP Price Prediction 2030, check out our full analysis!


Analyst Critiques Ripple’s Inclusion in Strategic Reserves

Garlinghouse argued that strategic reserves should include multiple cryptocurrencies to encourage growth, but Willy Woo disagreed. Woo stated that only Bitcoin (BTC) should be considered for reserves, calling it "geopolitically neutral" unlike XRP. Tyler Winklevoss also criticized the idea, saying only "hard money" assets like Bitcoin should be included.


Potential Impact on XRP Price

If XRP were included in strategic reserves, it could lead to increased government and corporate purchases, potentially raising its price. Additionally, the SEC’s decision on an XRP spot ETF could bring in over $8 billion in inflows, boosting XRP’s value.


Technical Outlook: Head and Shoulders Pattern



XRP’s price shows a bearish head-and-shoulders pattern, suggesting a breakdown if it falls below $1.96. A decline could push the price further down to $1.62 or $1.13. A break above $2.73 could reverse this outlook.


XRP faces challenges from both analyst skepticism and technical signals. The decision on strategic reserves and the SEC’s actions will be key factors in determining XRP’s future price.

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