Rumors of a potential $1.5 billion XRP purchase by Apple are stirring discussions in the crypto community, as XRP price recovers to $3.
Rumors About Apple’s XRP Purchase
The speculation regarding Apple's XRP purchase began with a post from X user @BaronDominus. "Strong rumors are circulating that Apple is set to announce a $1.5B XRP purchase today," stated the user. However, Cobb, a notable XRP supporter, quickly dismissed the claim, likening it to "ghosts."
Current Situation Analysis of XRP
XRP is showing bullish trends, reaching a price point of $3.03 in trading, marking a 1.79% increase over the past 24 hours. The trading volume remained strong at $6.59 billion, which is significant for market confidence. XRP bounced back sharply after breaking above the triangle pattern, demonstrating strength in this pricing range.
XRP Market Projections
If XRP maintains a price above $3, it may indicate a bullish trend continuation. Upside targets could range between $3.20 – $3.30, with further resistance levels at $3.65. Analysts highlight that XRP may follow a cycle seen in previous market rallies.
In summary, the rumors about Apple’s XRP purchase appear unlikely and largely speculative, as the company typically adheres to a cautious financial strategy.
