The US Federal Reserve has cut interest rates by 50 basis points, sending the crypto market higher in late 2024.
- BTC, ETH, and other altcoins have shown significant gains.
- XRP has remained virtually flat, up only 1.6% in a month.
Bitget analyst Ryan Lee predicts a possible 30% rise in XRP in October if the legal environment is favorable.
- XRP could reach $0.75 on positive news about the SEC lawsuit.
- Technical indicators also point to a possible rise.
However, Lee warns of a possible drop to $0.45 if the lawsuit goes bad.