Fed Rate Cut for Sept 17 Fit Spark Parabolic Rally for XRP
Crypto analyst STEPHISCRYPTO dey predict say XRP go do parabolic rally after Fed cut 25 bps for rate during the September 17 FOMC meeting. E talk say for late 2024, when dem do similar cut, XRP jump 488% from under $0.50 come pass $3 within weeks, e form rounded base before the decision. Using comparison chart of XRP/USD, analyst talk say price go pass $8 come enter double digits by early 2026. Market chances for 25 bps cut na 85–90% according to CME FedWatch tool, wey get support from Fed Chair Powell and Governor Waller hints. BlackRock and other firms also dey expect multiple cuts. But some economists warn say strong US growth fit delay rate easing. Traders suppose dey watch FOMC results, rate forecasts and technical patterns to catch potential buy chance for XRP.
Bullish
Di prospect for one 25 bps Fed rate cut on September 17 historically dey linked to one big rise for risk assets and US dollar weakness, as e show for late 2024 wen XRP rally 488%. Short term, if dem confirm di cut, e fit make buyers come enter again as liquidity back flow for crypto markets and technical indicators form one rounded base. Long term, if easing continue plus positive sentiment – supported by high cut chance from CME FedWatch and institution forecasts – fit make XRP pass $8 and even reach double-digit by early 2026. But traders suppose still dey cautious of wahala if US growth strong no go slow down.