Analyst updates outlook on XRP ahead of Fed rate cut decision

XRP is back in the spotlight after surging past the $3 mark, with crypto analyst Austin Hilton laying out a bullish roadmap for the token in the weeks ahead.

Hilton, who regularly shares market updates with his audience, pointed to both Federal Reserve policy decisions and the broader fourth-quarter cycle as potential drivers.

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“A XRP family, how you doing? Got a real quick video here for you to talk about what's going to come next in the next week or so for XRP from a price standpoint,” Hilton told viewers. “Then after that fourth quarter, we're also going to talk about the XRP news and we're going to talk about an XRP price prediction in this video.”

Fed decision first, then Q4 rally

Hilton said all eyes are on the Federal Reserve’s Sept. 17 meeting.

“There is a hundred percent chance, well 99.9% chance that they're going to reduce the interest rate. The question is whether or not they're going to reduce it 25 basis points .25 or whether or not they're going to reduce it 50 basis points .5,” he explained.

According to Hilton, a smaller 25 basis point cut would likely leave crypto markets stable since it is already priced in. But “if we get that 50 basis points cut, which sounds really, really high, that we could get those odds, we could get that, then you can expect crypto to take off. You can expect XRP and everything else to start moving up dramatically.”

In that scenario, Hilton predicted XRP could “bounce back up to 3 25, 3 50 and again, maybe even blow through its all time high.”

According to Polymarket, a crypto-based prediction market, traders put 91% odds on a 25 bps cut at the September FOMC. A 50 plus bps cut sits around 7%, no change 3%, and a rate hike