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Ripple Price Forecast: XRP steadies above $2.00 as supply in profit drops to 13-month low
Ripple (XRP) is extending its consolidation above a key $2.00 support level at the time of writing on Tuesday, as the broader cryptocurrency market struggles with increasing macroeconomic uncertainty. The Federal Reserve (Fed) is expected to release its monetary policy decision on Wednesday. According to the CME FedWatch Tool, approximately 87% of interest rate traders are expecting a 25-basis-point cut. It would be positive for riskier assets like XRP, Bitcoin (BTC) and Ethereum (ETH) if the Fed lowers interest rates. However, leaving the rates unchanged may hurt the crypto market as a whole, which could explain the ... (full story)
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