XRP, ADA, SOL surge after Trump's crypto reserve announcement

From Cointelegraph
March 2, 2025 6:17:03 pm:

Bitcoin (BTC) surged after Trump announced a crypto strategic reserve including ETH, XRP, SOL, and ADA. BlackRock added the iShares Bitcoin ETF Trust to its $150B model portfolio. Analysts anticipate BTC to drop to $70,000 before bouncing back. Altcoins may see buyers if BTC holds above $90,000.

Bitcoin price analysis: BTC reached the 20-day EMA ($92,366), facing resistance. Support at $85,000 and $78,258, potential rally to $97,704 and $100,000 if above $90,000. Downside risk if below $83,000.

Hedera (HBAR) broke above 20-day EMA, targeting 50-day SMA at $0.26. Support at 20-day EMA. Upside potential to $0.32 if above 50-day SMA.

Litecoin (LTC) in a symmetrical triangle pattern. Resistance at $147, support at $86. Bears in control if below moving averages.

Monero (XMR) bounced off $205, above moving averages. Range-bound between $205 and $245. Bulls may retest $245 if above 20-day EMA.

Celestia (TIA) above moving averages, resistance at $4.50. Support at $3.66. Bulls in control if above $4.31, potential rally to $5.50.

Read more at Cointelegraph: XRP, ADA, SOL go parabolic after Trump US crypto reserve post: Will other altcoins follow?