#Fed Cuts Rates By 25 Bps##BTC Reserve Market Impact##XRP ETF Goes Live#

XRP Price Forecast: XRP gains bullish momentum : XRP remains above $3.10-$3.12 at the time of writing on Thursday, supported by a strong technical structure. The dovish macro outlook presented by the Fed on Wednesday has led to an improvement in risk-on sentiment, resulting in steady demand for XRP. Bulls have the upper hand based on the position of the Relative Strength Index (RSI) at 58 and rising. Higher RSI readings approaching overbought territory would indicate growth in bullish momentum, as bulls look toward the record high of $3.66. Key areas of interest for traders are the short-term hurdle at $3.186, which was previously tested on Saturday, the supply area around $3.35, tested in mid-August and the record high of $3.66. On the other hand, if profit-taking takes centre stage, price corrections would meet support provided by the 50-day Exponential Moving Average (EMA) at $2.955 and the 100-day EMA at $2.828. #XRP# #XRP ETF Goes Live#

imagine what drop will do when XRP hits $5.00