XRP $300 Rally Eyed by Whale.Guru Amid Fed Cuts, ETF Hopes
Crypto commentator Whale.Guru forecasts an ambitious rally for XRP, targeting a price of $300—over 100× above its current $2.82—in the next altcoin surge. He points to two main catalysts: an expected US Federal Reserve interest-rate cut on September 17, which could boost liquidity and risk-taking, and the potential approval of a spot XRP exchange-traded fund in October. Industry estimates, including a $5 billion first-month inflow prediction by Canary Capital CEO Steve McClurg, underscore the ETF’s demand impact. While the $300 target is extreme in the short term, long-term outlooks from some analysts even foresee XRP hitting $10,000 by 2030. XRP remains near $2.82 as traders await these pivotal developments.
Bullish
Whale.Guru’s projection of XRP rising to $300 signals strong bullish sentiment. Historically, altcoin market rallies (‘altseasons’) have delivered outsized returns when liquidity increases and Bitcoin dominance falls, notably during spring–summer 2017 and 2021 cycles. Anticipated Fed rate cuts typically spur risk asset inflows; similar moves in 2019 saw crypto markets rally in Q3–Q4. Moreover, the approval of a spot XRP ETF would mark a watershed moment, mirroring the Bitcoin spot ETF approval’s impact in early 2024, which drove prices higher via new institutional capital entry. The $5 billion inflow estimate by Canary Capital underscores potential demand shock. Short-term, traders may position ahead of the Fed decision and SEC ETF timelines, likely boosting volatility and upward momentum. Long-term, ETF adoption could widen investor base and deepen liquidity, cementing an upward trajectory. Collectively, these factors point to a bullish outlook for XRP.