A shadow has fallen over the broader crypto market, and Ripple’s XRP is increasingly feeling the pressure. Over the past month, XRP has seen a sharp decline, plummeting more than 22% and losing nearly 10% of its value over the last week.
Against this gloomy backdrop, the young altcoin JetBolt (JBOLT) is displaying quiet confidence—presenting its game-changing zero-gas technology, AI utility, and an impressive presale reported to have smashed nearly 335 million tokens sold.
As uncertainty hangs in the air over whether President Donald Trump’s policies could genuinely signal a new era for digital assets, the question remains: can XRP stage a comeback? And can JetBolt continue to forge ahead with its cutting-edge platform? Read on to explore the looming possibilities for these two altcoins.
Can XRP Stage a Rebound Amid Trump’s Trade Policies?
XRP has experienced a significant drop in value as market sentiment shifts to a more pessimistic outlook. The cryptocurrency fell nearly 10% in the last seven days, breaking down through key support levels and signaling the potential for further declines. The noticeable decrease in XRP’s trading volume indicates that traders are exiting their positions, which may lead to continued downward pressure.
XRP’s month-long price chart reflecting its downtrend, courtesy of CoinGecko
Trading at $2.28 as of writing, XRP is trying to hold steady above the $2 mark despite the increased selling pressure. According to market observers, $2 is a crucial level that needs to be maintained to prevent XRP’s price from further downsliding.
From a technical perspective, XRP has breached two key indicators that once provided support: the 50-day exponential moving average (EMA) and the rising trendline. If the crucial support level at $2.00 is broken, it could trigger further declines. Additionally, the Relative Strength Index (RSI) at 36.67 has fallen significantly, reflecting a drop in bullish momentum and an uptick in selling pressure.
Accordingly, a reversal may seem unlikely at this stage unless new catalysts emerge. Uncertainty continues to loom in the digital asset community about whether President Donald Trump’s policies will ultimately benefit the industry. The recent market-wide downturn has heightened investor concerns, particularly in light of ongoing U.S. trade policies and tariff issues.
The substantial capital outflows from XRP, with approximately $350 million exiting the asset in a short timeframe, are contributing to the bearish sentiment. XRP’s previous performance gives a light of hope, with some analysts suggesting it must hold support above the $2.30 level to start a reversal. However, for now, XRP faces challenges as it struggles to rise above the 100 EMA at $2.28 in its quest to re-enter a bullish zone.
Can JetBolt Keep Pushing Ahead with Innovative Web3 Features?
As the crypto market faces increasing sell-offs, the emerging player JetBolt (JBOLT) is making waves with reports of selling nearly 335 million tokens in its presale. With its innovative technologies and Web3 utilities, JetBolt is quickly gaining ground in the crypto space.
One of the most exciting features of JetBolt is its trailblazing zero-gas technology. This Skale tech innovation is a true game-changer, removing gas fees that often burden everyday users. For developers, this zero-gas model could pave the way for exploring fresh opportunities in dApps, SocialFi, and Web3 projects, making it easier and more affordable to transform innovative concepts into reality.
JetBolt’s user-friendly Web3 wallet, enhanced with state-of-the-art WebAuthN and facial recognition technology, offers a seamless experience for both newcomers and seasoned users alike. In addition, JetBolt redefines staking through its interactive SocialFi system, allowing users to earn reward tokens by engaging socially while staking their JetBolt tokens.
To elevate the experience further, JetBolt incorporates an AI-driven utility that aggregates blockchain news and crypto content, all organized by market sentiment—providing users with a crypto news feed.
Adding an exciting layer to the presale experience, early participants can enjoy a variety of enticing perks, including bonuses of up to 25% through exclusive Alpha Box bundles or token batch purchases.
With every token flying off the digital shelves, JetBolt’s momentum continues to intensify, pulling in more and more participants ready to dive into its groundbreaking journey.
Final Take: Can XRP Price Rebound With Trump’s New Policies While JetBolt Pushes Ahead?
As XRP navigates this challenging period, investors and market watchers are keeping a cautious stance, closely monitoring key support levels and market developments. The path forward will largely depend on some external macroeconomic factors and XRP’s ability to regain bullish momentum. Until clearer signs emerge, the crypto market will be watching to see if XRP can turn the tide and establish a more stable hold in the market.
Meanwhile, JetBolt is forging ahead with its groundbreaking technologies and impressive presale momentum. With its zero-gas technology and other Web3 utilities, JetBolt is emerging as an innovative contender in the altcoin arena. The future holds surprising twists and turns, and as JetBolt continues to gain traction, it may become one of the next breakout stories in the ever-evolving crypto landscape.
For more information on JetBolt and its exciting presale, visit the official JetBolt website today.
Kindly note that this piece does not constitute trading or financial advice. It’s crucial to conduct thorough research before diving into any crypto activity. Understanding the market dynamics will help in making informed decisions and in navigating the volatile crypto landscape more effectively.
