Sep 20, 2025
4 0
Pundit Predicts XRP Price Drop Below $3 Amid Bullish News
Crypto analyst Bill Morgan humorously predicted a drop in XRP's price below $3, despite several positive developments:
- Partnership with DBS and Franklin Templeton for trading and lending solutions.
- Launch of the REX-Osprey XRP ETF, offering spot exposure in the U.S.
- CME Group's upcoming options on XRP futures.
- The Federal Reserve's interest rate cut, expected to benefit XRP.
Despite these, XRP's price remains correlated with BTC, impacting its performance. Analyst CasiTrades indicated potential further decline between $2.92 and $2.94, aligning with retracement levels and wave extensions.
Currently, XRP trades around $3, reflecting recent market trends.