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Cryptocurrency News Articles

Can XRP Reach $5 As Jetbolt Flourishes?

Feb 05, 2025 at 09:00 pm

XRP reaching $5 is possible but unlikely in the short term. Without a clear catalyst—such as major regulatory clarity or an institutional buying spree

Can XRP Reach $5 As Jetbolt Flourishes?

As XRP price stalls following a recent surge, another cryptocurrency is making waves with its zero-gas technology and AI-powered utility. JetBolt (JBOLT) has drawn attention with its early presale success, boasting an operational Web3 ecosystem and SocialFi staking.

With XRP struggling to maintain its momentum after a January rally, traders are debating whether the cryptocurrency can recover and push toward $5. XRP is currently down more than 8% in the last 24 hours, trading at $2.52.

After a major price dip to $1.78, XRP has shown resilience, bouncing back above $2.50. However, a bearish divergence on both the daily and weekly charts could lead to another correction toward $2.00. If buyers fail to sustain momentum, a 25% drop remains possible.

For a bullish breakout, XRP must reclaim $2.90—a crucial level where strong buying activity previously pushed prices above $3. Failure to hold this threshold could result in continued downside pressure. The relative strength index (RSI) is also trending lower, indicating weakening momentum.

Macroeconomic developments have played a significant role in XRP's recent volatility. XRP briefly rallied after U.S. President Donald Trump paused proposed tariffs on Canada and Mexico, a move that temporarily alleviated market fears. However, traders remain cautious, as XRP’s current position suggests uncertainty regarding its next major move.

XRP's path to $5 will require strong buying pressure, key resistance breakouts, and renewed institutional interest. Breaking above $3 is the first step, with $3.40 acting as a psychological barrier. If bullish momentum strengthens, XRP could target $5, but macroeconomic stability, investor sentiment, and regulatory clarity will all play a role in determining its trajectory.

While XRP remains in a battle between bulls and bears, another name is gaining attention in the crypto space. JetBolt (JBOLT) has captured interest with its zero-gas transactions, AI-powered utility, and early presale success.

Unlike traditional blockchains where users must navigate unpredictable gas fees, JetBolt eliminates this friction entirely, allowing for near-instant, gas-free interactions. This feature has proven to be a major selling point, especially in a market where gas fees can often deter users from engaging with Web3 applications.

JetBolt has also introduced a SocialFi staking system that combines staking rewards with active engagement. By interacting with others in the JetBolt ecosystem on top of staking, token holders can unlock additional rewards, redefining how staking works in the crypto space.

With its presale surpassing 310 million tokens sold, JetBolt has gained significant traction among crypto whales looking for their next move. The presale structure includes Alpha Boxes, offering batch purchasers up to 25% additional JBOLT tokens, adding another layer of appeal to early buyers.

As XRP battles to break the $5 barrier, JetBolt is carving its own path, introducing Web3 solutions that remove major blockchain obstacles. With its presale momentum and live, working features, JetBolt is proving to be an intriguing name in the altcoin space right now.

This article is for informational purposes only and does not provide financial advice. Cryptocurrency prices are influenced by multiple factors, including market sentiment, regulations, and macroeconomic trends. Conduct independent research and consult a financial professional before making any trading decisions.

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