How High or Low Can XRP Price Go After the FOMC Meeting Today?
The post How High or Low Can XRP Price Go After the FOMC Meeting Today? appeared first on Coinpedia Fintech News
XRP is trading at $2.82, down just over 1% as investors react to the latest Federal Open Market Committee (FOMC) minutes. The report shows most Fed members favor further monetary easing this year. Inflation remains the main risk.
The federal funds target range is currently 4.00% to 4.25% after a 25 basis point cut in September. This was the first reduction of 2025 and came amid rising concerns about employment. The minutes show a near-even split on future moves, with 10 of 19 participants expecting two more cuts this year.
XRP Price Action
This week has been weak for XRP. On Monday, broader markets moved higher, but XRP failed to break above the 90-day rolling VWAP. The token rejected that level and pulled back. On Tuesday, XRP moved lower with the markets, testing $2.86–$2.88, which aligns with previous forecasts.
The initial reaction to the FOMC minutes was muted. XRP briefly moved up but met resistance at the fair value gap, leaving the token below $2.85. This is normal given the current market structure and does not mean unusual weakness.
Support Levels
Technical charts show strong support around $2.80. Additional support lies near $2.78–$2.76. These levels could hold if XRP stabilizes against Bitcoin.
XRP’s performance relative to Bitcoin is crucial. If the XRP/BTC pair holds support, XRP can recover more quickly. If Bitcoin falls further, XRP may test lower levels before bouncing.
Upside Targets
Once support holds, XRP could move toward $2.95. A push above this level would clear the fair value gap and signal a short-term recovery.
Momentum is limited compared to other altcoins, so aggressive gains are unlikely without broader market strength.
For the long term, analyst Casi Trades said, “Currently, subwaves are getting constricted, which is why extensions are being limited to $4.50 & $6.50. However, the macro targets of $8–$13 remain entirely possible if momentum continues strong!”
Market Outlook
XRP remains in a consolidation phase. Key levels to watch are $2.80–$2.76 on the downside and $2.95 on the upside. The next move depends on Bitcoin’s trend and market reaction to the Fed’s policy.
Filed under: Bitcoin - @ October 9, 2025 1:21 pm