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Ripple Price Forecast: XRP trades sideways above $3 ahead of REX-Osprey ETF launch
Ripple (XRP) upholds a bullish picture trading above $3.00 on Tuesday, as market participants await the United States (US) Federal Reserve (Fed) interest rate decision this Wednesday. The consensus is that the Federal Open Market Committee (FOMC) will cut interest rates by 25 basis points to a range of 4.00 to 4.25%, amid growing optimism for a 50 bps cut. A rate cut could support the crypto market's bullish outlook in the fourth quarter, as investors seek exposure to riskier assets such as crypto and equities. The REX-Osprey XRP Exchange Traded Fund (ETF) is expected to start trading in the US this week, Bloomberg ... (full story)
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