XRP Price Prediction: Buy on the Dip Before Push to $6?

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US President Donald Trump laid out ambitious plans on Friday to build a strategic stockpile of crypto assets in the United States, including XRP. The XRP price rallied over 30% in the aftermath but is now back to its pre-announcement levels.

This XRP price prediction explores whether this is a good time to buy or if investors should wait for a lower price. We also examine the potential of a new XRP alternative called Solaxy.

First-Ever White House Crypto Summit and Major Partnerships

Fundamentally, the benefits outweigh the risks for XRP right now.

Most notably, it’s one of only five cryptocurrencies to make the US strategic Bitcoin reserve, alongside Bitcoin, Etheruem, Solana, and Cardano. Further details on allocations and time frame have yet to be released, but the White House is to host its first-ever crypto summit on Friday, which could be when we find out more.

Based on the market’s explosive reaction to the initial announcement, a more concrete plan of when and how much of each cryptocurrency will be purchased could spark a much stronger rally.

Beyond the crypto reserve, XRP is also riding a bullish wave from countless a-list partnerships in recent weeks. This includes teaming up with Ondo Protocol, Revolut, Zero Hash, Unicâmbio, and BDACS. All of this is working toward Ripple Labs’ overarching goal of facilitating cross-border settlements with lightning-fast speed and seamless execution.

So, what about risks? You might notice the crypto and equities markets have tanked in the past 24 hours, and it’s also due to Donald Trump. The president has doubled down on his tariff threats, announcing that levies against China, Canada, and Mexico will take effect on Tuesday. Since then, the crypto market has lost all its crypto reserve announcement gains, and the stock market dropped almost 650 points on Monday.

China has retaliated by introducing its own tariffs on some US goods today, officially starting a trade war between the two nations. This risks slowing down the two largest global economies, which is a bearish catalyst for risk-on markets like cryptocurrencies.

However, considering the aforementioned positive influences, XRP remains in a tightly contested bullish position right now, with its next move likely being upwards. Let’s delve deeper by examining its price chart.

XRP Chart Remains Bullish Above $2

It may be smart for investors to de risk if XRP crosses beneath the $2 mark, but right now, its fundamentals are stacked, and its price chart retains a bullish structure.

Analysts believe that $2 is key to $XRP’s bullish outlook. If it breaks below, things could get ugly. But if it holds above, it’s well positioned for strong growth as the broader market recovers.

Prominent trader Dami-Defi notes that XRP is currently consolidating below a higher timeframe trendline resistance level. He suggests that with a tailwind from bullish fundamentals, XRP could soon break through and enter price discovery.

According to his price chart, the next target is $6, almost a 3x increase from its current price.

Traders should watch the $2 mark closely. Providing this holds, there’s certainly potential for $XRP to hit $6 this year. However, a break below could signal a bearish outlook for the asset.

It’s also worth considering that a trade war and, by extension, deglobalisation reduce the need for cross-border transacting (which is XRPs core use case). While international payments will always be a huge market, a trade war will slow its growth, which could directly impact XRP’s success.

Could Solaxy See Bigger Gains Than XRP?

XRP is the best-performing major cryptocurrency this year, increasing its price by 263%. However, with a market cap of $134 billion, there are many smaller alternatives on the market with much more room for growth.

One of these is Solaxy, a promising new project currently undergoing a presale. Like XRP, Solaxy focuses on making financial transactions easier - but it’s on a different path to XRP.

The project is building the world’s first Solana layer 2 blockchain to remove the network’s congestion issue and enable faster, cheaper, and more reliable transactions.

Another benefit to Solaxy is that it will also benefit from Trump’s crypto reserve due to its relation to Solana. Howevr, its current low valuation means it could see significantly more gains.

The project’s ongoing presale has raised $24.8 million so far. Analysts expect big things from $SOLX, with ClayBro from 99Bitcoins recently saying it could explode after the ICO.

The current $SOLX presale price is $0.001652, but this will rise throughout the campaign.

By improving transactional capabilities on Solana and riding the crypto reserve hype wave, Solaxy could prove to be the best XRP alternative on the market.

Visit Solaxy Presale