With less than 24 hours remaining until the Federal Reserve announces its interest rate decision, Bitcoin is fighting to hold the $76,000 support level. There have been no major developments from Iran, and former President Trump’s supposed warnings have proven empty. Amid uncertainty about when Iran might engage in negotiations, a cautious mood prevails across cryptocurrency markets.
Fed focus heightens volatility
By this time tomorrow, Jerome Powell will have delivered what is expected to be his final set of post-decision remarks as Fed Chair. His comments, particularly regarding the concept of Fed independence, will be watched closely. The extension of geopolitical conflict has led to a notable shift in the inflation outlook for 2026, making it unlikely that interest rate cuts will come quickly this year. In the near term, however, digital assets are expected to remain highly volatile as news and global events continue to impact sentiment.
XRP price outlook
What are the key levels for XRP Coin in both directions? After recently testing $1.46, XRP has lost some momentum and is now shifting to a more neutral zone as overall market sentiment turns negative. The $1.38 level marks the final support before a potential decline toward $1.30. This scenario, driven in part by the recent pause in Bitcoin’s rally, had already been predicted by observers. However, if market conditions improve, XRP could rebound above $1.44 and possibly target $1.51 or even $1.60.
Although developments around an XRP ETF have been positive, for the spot price to truly bounce, Bitcoin must convincingly break above $83,000 and signal to markets that a new upward trend has started.
Cardano’s ADA token, on the other hand, is lagging behind most major altcoins, with network activity falling short and development still moving at a slow pace. Charles Hoskinson, the project’s founder, remains a frequently criticized figure, and ADA has been hovering below $0.25. While a sustained Bitcoin recovery could pull ADA up to the $0.30–$0.43 range, for now, Cardano continues to look unappealing to investors.
In early 2024, ADA had staged a significant rally from the $0.33 support, and a market recovery could bring a similar spike, especially around the time of the U.S. November elections. Back then, the prospect of a Trump victory, combined with a rush into U.S.-based altcoins and an expectation that legal pressures would end quickly, fueled the price surge.
Now, ADA has dropped to its lowest levels since 2020, and if current support fails, it could slip as low as $0.075.
XRP is encountering strong selling pressure as the wider market adopts a risk-off stance and short-term volatility is driven by the uncertainty ahead of the Fed’s rate decision.
