As of January 29, 2025, XRP is trading at approximately $3.07, with an intraday high of $3.19 and a low of $3.02.
In the next 24 hours, forecasts suggest that XRP's price may experience minor fluctuations. For instance, CoinLore predicts a potential range between $3.00 and $3.13, with a slight increase to around $3.11. Similarly, CoinCheckup anticipates a marginal decrease to about $3.07, indicating a -0.52% change.
It's important to note that the Federal Reserve's recent decision to maintain interest rates between 4.25% and 4.5% could influence cryptocurrency markets. Signals from Fed Chair Jerome Powell about stable borrowing costs through 2025 might lead to downturns in crypto values, as higher interest rates often make safer investments like bonds more attractive compared to riskier assets such as cryptocurrencies.
Given the inherent volatility of the cryptocurrency market, these predictions are speculative. It's advisable to monitor market developments and exercise caution in investment decisions
