Crypto traders are keeping a close eye on XRP and Bitcoin as fresh momentum builds around both tokens. According to crypto analyst Levi, the Federal Reserve might cut interest rates as early as August.
A move that could trigger a strong wave of institutional money flowing into crypto. Levi calls it a “tsunami,” and he believes XRP could be one of the biggest winners if it happens.
Levi shared his views on social media, and he points to recent comments from Fed board member Christopher Waller, who seems to support the idea of easing rates.
That kind of policy shift has often fueled crypto rallies in the past. And with Bitcoin already pushing near its all-time high of $114,000 and Ethereum seeing a big jump in volume, some are wondering if XRP could be next in line for a breakout.
XRP Charts, Ecosystem, and Institutional Buzz
XRP chart is looking strong right now. Price has been forming higher lows and higher highs, with support around $2.23 and resistance near $2.57.
If the bullish structure holds and the Fed follows through with a rate cut, Levi suggests XRP could see more upside in the near term.
There’s also growing momentum within the XRP ecosystem itself. Its Ethereum-compatible sidechain now has over $105 million locked in, and new decentralized exchanges like DexRP are entering the scene.
These developments are expanding XRP utility and giving investors more ways to engage with the token beyond simple price speculation.
On the regulatory front, things are moving in a positive direction. The US Treasury just rolled back crypto broker reporting rules, and new legislation like the Genius Act and Clarity Act is gaining traction.
Meanwhile, ETF proposals for Solana, XRP, and BNB are being discussed, and there’s talk that banks may soon offer crypto custody and investment products.
With both the charts and the broader environment starting to line up, XRP is definitely back in the spotlight, and traders are watching closely to see what happens next.
Read Also: Top Analyst Predicts XRP Could Overtake Bitcoin: Here’s What Needs to Happen
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