The cryptocurrency market has once again been shaken by macroeconomic forces, and XRP has not been spared. The token, often viewed as a bridge between traditional finance and blockchain technology, recently fell by over 6% following unexpected monetary policy news.
The decline came right after optimism surrounding a positive U.S.–China trade meeting, where both nations signaled progress and cooperation. However, that optimism quickly faded when the Federal Reserve announced that it would not move forward with an anticipated interest rate cut in December.
This sudden shift in monetary stance caused widespread selling pressure across the market, sending Bitcoin, Ethereum, Solana, and other leading assets into the red. The development underscores how deeply crypto remains intertwined with global economic policy and investor sentiment.
Historically, XRP has demonstrated resilience during downturns, often rebounding as broader market confidence returns. In the current context, XRP’s price correction may be viewed as a temporary setback within a longer accumulation phase.
This article features an XRP price prediction and update from crypto analyst Austin Hilton, along with insights into the best crypto presale to buy. His in-depth analysis can be found in the video below or on his YouTube channel.
Forbes Reports Ripple’s $180 Billion Reinvention as It Builds the Future of Digital Finance
Earlier in 2024, Forbes listed Ripple and XRP among “zombie blockchain” projects, claiming they lacked real-world utility despite billion-dollar valuations. The publication has since reversed its view, now recognizing Ripple and XRP’s expanding role in global finance.
Forbes recently highlighted Ripple’s ongoing $180 billion reinvention, describing it as one of the most significant transformations in modern finance. The article explains that Ripple is actively reshaping its business model through strategic acquisitions and technology development to build a new blockchain-based financial infrastructure.
This reinvention positions Ripple at the center of the global shift toward tokenization of real-world assets, cross-border payments, and digital banking innovation. Ripple’s vision extends beyond crypto as it aims to redefine how money moves between banks, institutions, and countries.
Source – Jack The Rippler via X
According to Forbes, Ripple is now at the forefront of the fast-emerging digital asset treasury movement, with several major companies recently unveiling treasury initiatives centered around XRP. Among them, Evernorth stood out with plans to secure over $1 billion in funding.
Forbes further highlighted that XRP’s value has surged 366% over the past year, pushing its market capitalization beyond $150 billion, while emphasizing that this renewed momentum is driven by more than market speculation.
The publication attributed Ripple and XRP’s transformation to greater regulatory clarity, rising institutional adoption, and a $125 million SEC settlement, portraying Ripple as a unified financial services powerhouse rather than a struggling payment token issuer.
Ripple’s long-term strategy underscores confidence in blockchain adoption and the digital asset revolution, suggesting that $XRP could become a key component of the next-generation banking and payment systems.
XRP Price Prediction
At the time of writing, XRP is trading at $2.50 with a market capitalization of roughly $150 billion, reflecting a 4% decline over the past week and a 17% drop over the past month.
According to Chad, $XRP has backtested lower Fibonacci supports, leaving a large wick and now hovering below the crucial 1.272 logarithmic Fibonacci level needed to trigger higher prices.
Source – Chad via X
He noted that the price currently sits on the monthly Tenkan, a historically strong support level that he continues to monitor closely. Meanwhile, popular crypto analyst Ali Martinez identifies resistance for $XRP at $2.80 and $3, with support remaining firm around $2.15.
While the near-term trend remains cautious, a potential recovery above key resistance levels could set $XRP on track toward future targets around the $5–$10 range in the coming years, assuming market conditions stabilize and liquidity returns.
Such projections rely heavily on the broader macroeconomic environment, including central bank decisions and risk sentiment across financial markets.
XRP Price Dip Presents Opportunity as Best Wallet Presale Nears $17 Million
For investors seeking opportunities during this dip, XRP remains one of the best cryptos to buy now for long-term growth potential. Alongside it, new crypto presales also continue to attract attention as the market recalibrates.
One such project is Best Wallet, with its highly successful presale that has already raised nearly $17 million. The wallet offers a wide range of innovative features, including multi-chain support along with seamless cross-chain swaps directly within the app.
Users can buy, store, stake, and even spend their crypto through the upcoming Best Card, which promises up to 8% cashback on purchases. The project also includes a launchpad that provides early access to new token presales and a governance system allowing token holders to vote on key decisions.
With its detailed roadmap introducing staking aggregators, portfolio management, and in-app news feeds, Best Wallet is positioning itself as a serious competitor to MetaMask and a next-generation solution for crypto management.
XRP, combined with promising new projects in decentralized finance and tokenized real-world assets, may offer strategic entry points for those looking to accumulate quality cryptocurrencies at discounted prices.
Visit Best Wallet
This article has been provided by one of our commercial partners and does not reflect Cryptonomist’s opinion. Please be aware our commercial partners may use affiliate programs to generate revenues through the links on this article.