6 hours ago

Why Is XRP Price Surging Ahead of the Fed Meeting?

TLDR XRP price broke out of a long consolidation phase and briefly touched the $2.90 level. The rally followed increased speculation of a Federal Reserve interest rate cut on September 17. Market data shows a 99 percent probability of a 25-basis-point rate cut being announced. Orderflow analysis revealed over 10 million XRP in net buying [...]

The post Why Is XRP Price Surging Ahead of the Fed Meeting? appeared first on Blockonomi.

Source: Blockonomi →