XRP Pulls Back After Surging to $3 on Trump’s Crypto Reserve News

XRP soared 25% to $3 after Trump's strategic reserve announcement but has since retraced to $2.6, aligning with a descending trendline from January highs. Technical indicators show a cooling rally—RSI dropped from 70 to 48, MACD turned bearish, and price remains below the 50-hour SMA ($2.65) but above key support at the 200-hour SMA ($2.50). The next move depends on $2.50 holding, while a break above $2.65 could reignite a push toward $3 and higher.