XRP is poised for a potential breakout as market speculation intensifies ahead of a meeting between U.S. President Donald Trump and Chinese President Xi Jinping in South Korea. The cryptocurrency is currently trading near $2.63, with analysts suggesting that a successful trade agreement could propel XRP above $2.75.
Technical indicators point to a possible price movement towards $2.90–$3.00 if the trade talks yield positive results. Traders are closely monitoring the meeting's outcome, which could serve as a significant catalyst for XRP and other risk assets by easing tariff tensions and stabilizing supply chains.
XRP Eyes Breakout as US-China Trade Talks Loom
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