The Ultimate Guide to Building a Cryptocurrency Reserve: Bitcoin, XRP, Ethereum, Solana, and Cardano

Excitement is high in the cryptocurrency market right now after Donald Trump made a surprise announcement that the US will build a crypto reserve comprising Bitcoin, XRP, Ethereum, Solana, and Cardano.

Excitement is running high in the cryptocurrency market after Donald Trump announced that the US will be building a crypto reserve comprising Bitcoin, XRP, Ethereum, Solana, and Cardano.

As the dust settles on this surprising news, traders are beginning to predict how far each project could go in this US crypto reserve price prediction. We’ll also be looking at the potential of promising ecosystem plays Solaxy and BTC Bull Token.

Bitcoin

After testing lows of $78K last week, Bitcoin experienced its biggest-ever intraweek reversal, closing its weekly candle above $96K. It currently trades at $91.5K as trading sessions open for institutions that were unable to buy immediately after the announcement on Sunday.

This strength from its lows and the fact that Bitcoin has now reclaimed its previous trading range, which began in December, makes analysts optimistic that the coming week could see another leg up.

However, Daan Crypto says that the $90K level is crucial to the bullish trend. Should this hold, Bitcoin could hit the range high of $108K in the coming week.

XRP

The direction of Bitcoin at the $90K level will dictate the upcoming moves of altcoins. If this level holds, then we could see altcoins climb to range highs and beyond, but a break below would be bearish for the entire market to sell off.

Given the massively positive reaction to the crypto reserve announcement, our forecast will assume that the range holds, but this is an important nuance that traders must consider.

When it comes to XRP in particular, popular trader Ali Martinez suggests a long-term target of $15. The price has retraced since he published the prediction in January, but the price chart remains bullish, holding well above the 2021 high of $1.8.

In the near term, we could expect a move back to the $3.2 level, followed by a potential breakout and uptrend continuation as the bull market proceeds.

Ethereum

Shifting over to Ethereum, the cryptocurrency has gained 5% in the past 24 hours, reclaiming the $3.2K level. But over the past year, it has been massively underperforming the market, losing 31% of its total valuation while other cryptos gain.

However, analyst Poseidon notes that its price chart shows a similar pattern to Bitcoin’s in 2023 before it broke out and rallied to an ATH. Based on the trading range Poseidon shows, the next target for Ethereum is $4,000.

He uses a 3-day timeframe, suggesting that $ETH could hit this target in the coming week.

Solana

Solana has performed notably better than Ethereum on the crypto reserve announcement, currently climbing 11% in the past 24 hours.

This increased momentum is a positive sign, showcasing Solana’s higher interest among traders, which could pave the way for a more explosive rally.

Analyst Jelle forecasts that Solana’s next leg "sends it into price discovery," meaning it could break its current all-time high (ATH) of $294. However, $190 has proved an important area of interest for Solana recently, so this is a key level traders must watch first.

Cardano

Among the top coins, the best performer was Cardano, which surged 43% after Donald Trump announced the US will be building a strategic reserve.

Market commentator Eilert notes that Cardano just printed its strongest daily candle since 2017, demonstrating the massive excitement surrounding the project. XRP did a similar move in November and then provided more than a 400% gain in one week, showcasing how quickly momentum can build among large cryptocurrencies.

As to how far Cardano could go, analyst CW anticipates a rally toward $2 in the coming week, marking over a 2x gain from its current price.

Could These New Cryptos Outperform Large Caps?

With liquidity flowing back into the crypt market, lower-market-cap altcoins have the potential for significant gains.

It takes billions of dollars for large cap cryptos to increase in price, but just a couple of million for newer low-market-cap alternatives. This means that, while not without risk, lower market cap altcoins have substantially more room for growth.

One of the most promising emerging tokens right now is Solaxy, the industry’s first Solana layer 2 blockchain. Solaxy will eradicate Solana’s congestion issue with off-chain computation and transaction bundling technology, making the ecosystem cheaper, faster and more reliable.

There’s a lot of interest in Solana right now, so considering Solaxy’s impact on the chain, the $SOLX token could have massive potential. It’s currently undergoing a presale and has raised $24.7 million so far.

Analyst Miles G said it could even 100x in price after the presale