XRP Price Prediction After Rate Cut: Key Levels to Watch & Why $HYPER Could Be Next 1000x Crypto

What to Know:

The Fed’s rate cut failed to lift crypto markets, as the move was likely fully priced in.

$XRP price prediction points to the $2.70 resistance. A strong breakout could pave the way to $4.50 in the short term and $15 in the long term.

Investors are backing Bitcoin Hyper ($HYPER) as the next 1000x crypto to ride the wave of utility-driven altcoins.

In hindsight, a sell-off after yesterday’s rate cut decision does make sense. After all, over 98% of market participants anticipated the cut – and when a move is that widely expected, there’s simply no fuel left behind it.

Not to mention, Federal Reserve Chairman Jerome Powell definitely spooked investors by saying that a December rate cut is ‘not a foregone conclusion.’

With the FOMC meeting behind us, the focus now shifts to pure price action, especially in the case of $XRP, which is trading in a crucial zone.

On the two-day timeframe, $XRP’s July run-up came after the breakout of a clean and long-standing descending triangle pattern – according to which the token’s next target should’ve been around $4.50.

However, $XRP topped out near $3.60 and has since fallen by over 30%, now trading around the $2.50 mark.

Sure, while this ‘drop’ has effectively completed a successful retest of the breakout trendline, the token now faces the $2.70 level on its way back up.

This particular level (blue box), mind you, has become an important resistance zone for $XRP.

However, some short-term volatility notwithstanding, $XRP’s long-term picture looks incredibly bullish.

In November last year, $XRP broke out of a descending triangle on the monthly chart – marking a major, potentially once-in-a-lifetime breakout.

After a sharp 230%+ rally in November alone, $XRP mostly moved sideways, suggesting we could be witnessing a long-drawn consolidation phase before the next leg up – potentially toward $15.

Sounds unrealistic? It’s actually far from it. Just look at $XRP’s history on the charts.

In 2017, $XRP soared 22,000% following the breakout of a similar consolidating triangle. If anything, the 2018–2024 consolidation was longer than the one that preceded 2017’s bull run.

So, there’s a high likelihood we’re in the early stages of yet another moonshot rally.

Here’s the kicker: if you plan to keep $XRP in your long-term portfolio but also want to capitalize on the growing momentum behind utility altcoins, consider adding a low-cap altcoin like Bitcoin Hyper ($HYPER).

What Is Bitcoin Hyper?

Bitcoin Hyper is a next-gen Layer-2 solution aiming to solve Bitcoin’s long-standing issues of sluggish speeds, high costs, and lack of support for Web3 and DeFi.

Unlike most Layer-2 networks, $HYPER will integrate the Solana Virtual Machine (SVM) instead of the Ethereum Virtual Machine (EVM).

This will give it the unique ability to execute thousands of transactions in parallel – as long as they’re unrelated to each other.

This breakthrough will finally bring Bitcoin up to modern blockchain standards – something that’s long overdue, given Bitcoin currently processes just seven transactions per second (TPS), while Solana handles an impressive 65K TPS.

  Check out our Bitcoin Hyper review to discover more about this project and why it’s being hailed as the next 1000x crypto. $HYPER Brings Web3 to Bitcoin

Bitcoin Hyper will also allow developers to build smart contracts and decentralized applications (dApps) directly on Bitcoin, all while maintaining the network’s world-class security.

In simple terms, buying Bitcoin Hyper will mean unlocking access to high-speed DeFi trading apps, NFT marketplaces, lending, staking, borrowing, and gaming dApps, all on the Bitcoin network.

And $HYPER’s non-custodial canonical bridge will act as the gateway to this never-before-seen Web3 environment on Bitcoin. It will:

• Securely lock in your Layer-1 Bitcoin, which you’ll send to a designated address monitored by the bridge.
• Mint an equivalent amount of wrapped tokens on Bitcoin Hyper’s Layer-2 network.
• Once you’ve completed your interaction on Web3 and initiated a withdrawal, it’ll release your original Bitcoin back to your Layer-1 wallet address.

Get the Most Out of $HYPER – Buy It Now While in Presale

Bitcoin Hyper ($HYPER) has already raised over $25.2M from early investors, which is a sign that it could become the next crypto to explode.

After all, consider what $HYPER could mean for Bitcoin’s longevity. It could transform the biggest crypto in the world from merely an investment opportunity into a full-blown blockchain brimming with modern technology.

Interested? Right now is the best time to join the $HYPER tribe. That’s because it’s currently in presale, meaning it’s available at one of its lowest-ever prices – just $0.013195 per token.

Take a look at our detailed step-by-step guide on how to buy Bitcoin Hyper and stake it for 46% APY.

Even better, according to our $HYPER price prediction:

• It could potentially soar 550% by the end of 2026, reaching a high of $0.08625.
• HODLers, meanwhile, could see even higher returns, as $HYPER could hit $0.253 by 2030 – a mind-boggling 1,800% ROI from current levels.

Ride the Bitcoin Web3 wave – grab your $HYPER tokens today!

Disclaimer: Crypto investments are highly risky, so kindly invest only after doing your own research. This article is not financial advice.

Authored by Elena Bistreanu, NewsBTC – https://www.newsbtc.com/news/xrp-price-prediction-after-rate-cut-why-hyper-could-be-next-1000x-crypto