XRP is a popular cryptocurrency, both negatively and positively. There was a time when this crypto was full of potential, rising to as high as $3.84, but that has settled down, as it has failed to surge for seven years now. However, the crypto market’s volatility or poor market conditions are not to blame here. Instead, it is the continuous battle with uncontrollable factors, where the Ripple Vs SEC lawsuit has sucked the life out of this token. However, with this battle’s end and Bitcoin price surging towards the top, few crypto experts have forecasted some crazy days for this Ripple token.
What Is Coming Next For XRP?
September is notoriously known for the dominance of bears most of the time in the last thirteen years. Interestingly, it is different this year, as September has turned officially positive for all the cryptos. However, the beginning was with the drops, but the crypto market recovered quickly.
The impact of the recovery is also visible in the XRP price, as it has surged above the $0.6 mark earlier, currently at $0.5887, after maintaining a 5% surge over the week. With this, the anticipation has grown, especially with the Uptober and upcoming crypto rally, which might push the Ripple token to new highs. A crypto expert, Levi Rietveld, has analyzed this month, and concluded that “the crazy days are coming.”
XRP PREDICTION FOR SEPTEMBER 2024 – CRAZY DAYS ARE COMING!!! pic.twitter.com/1BZ3oeMobb
— Levi | Crypto Crusaders (@LeviRietveld) September 24, 2024
In a recent video posted on X, Levi analyzed the status of the crypto market around the US printing money and the Fed’s interest rate cuts. As per his analysis, every time the government printed more money or the Fed implemented rate cuts, a new uptrend is witnessed in the crypto market. This is because the investors approach the crypto industry for continuous growth. Every time they approach, the Bitcoin price rises, bringing new gains to the investors and the same will happen this time. Based on this, he forecasted the BTC price to hit $100,000 and even higher in 2025.
Interestingly, he connected the Bitcoin price surge to the Ripple token, saying that BTC might face stability issues but XRP price won’t and will continue towards new growths with time. It is also understable as every time the BTC price grows, the rest of the market follows as well.
Final Thoughts
Levi has expressed a very simple strategy, which could boost the XRP price under the influence of the Bitcoin price and the Fed 50 bps rate cut. However, he has forecasted this to happen in 2025, not this year, which is disappointing for many holders. The ripple token has been struggling for years due to the constant legal battle, but there is hope as the case is about to settle. It gets more interesting as the crypto market is about to enter Uptober, and the bull run is also knocking on the window. If all these events line up perfectly, this token will witness new ATH, where its crazy days will become good days for the holders.
The post Are Crazy Days Ahead for XRP? Here’s What a Top Expert Says appeared first on CoinGape.
