- Trump’s Bullish Strategic Crypto Reserve reveal led to market pump and dump.
- Traders show frustration over the lack of significant pump in XRP, SOL, and ADA.
- Analyst says all three altcoins showed strong bullish signs before the announcement.
Following Trump’s bullish US Crypto Strategic Reserve announcement, the President also hinted that the reserve would hold BTC, ETH, XRP, ADA, and SOL. A frenzy of buying led to new traders accumulating these assets only to be disappointed by the following slump. However, one analyst says that XRP, SOL, and ADA all confirmed bullish signs long before Trump’s announcement.
XRP, SOL, and ADA All Confirmed Bull Signals
To highlight, since the announcement, all five assets Trump mentioned went up in price to different extents only to come crashing down again to the same prices before the announcement was made. This led to two reactions, one where traders felt they were too late to accumulate as they didn’t see the value in these tokens before Trump’s announcement.
The second reaction was the disappointment after the dump, where many traders expressed frustration at the inability of these assets to perform as well as BTC and ETH. To put both reactions to rest, one analyst highlights the strong potential of XRP, SOL, and ADA by saying that all three tokens, just like BTC and ETH, have confirmed many bullish signals so far.
Analyst Highlight Strong Pump Potential of XRP, SOL, and ADA
In detail, as we can see from the post above, the analyst confirms that from a technical standpoint, all three assets have confirmed bullish divergence and bull signs and have continually shown strong pump capability throughout the bull market. Thus, he concludes that all those who lamented missing the signs and entered late at a higher cost of entry have no excuse.
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