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Analyst: XRP Is Still on Track to Reach $4.75 By October 21

In a new update, CryptoBull (@CryptoBull2020) expressed confidence that XRP remains positioned to reach the $4.75 target by October 21. The post included a chart indicating steady upward momentum, reinforcing the same expectations highlighted in earlier forecasts.

CryptoBull had previously made a strong claim about XRP’s price path. In the post, the analyst said XRP would reach $4.75 on or before October 21. He promised to give 100 XRP to one random community member if the asset fails this target.

The update emphasized that the projection remains intact, with just over two weeks until the deadline. The new message repeated the specific price and date set in prior forecasts, suggesting confidence that XRP has not deviated from the expected trajectory.

Can XRP Reach $4.75?

The timing of these forecasts coincides with a shift in U.S. monetary policy that has created a more favorable backdrop for digital assets. In September, the Federal Reserve cut interest rates by 25 basis points, lowering the federal funds target range to 4% and 4.25%.

Similar rate cuts in September 2024 contributed to XRP’s massive explosion later in the year. This decision marked the first rate cut since December 2024 and signals the start of a new cycle aimed at stimulating growth.

ETF Progress as a Catalyst

Another factor bolstering sentiment is the progress on crypto exchange-traded funds. The U.S. Securities and Exchange Commission recently adopted new listing standards for crypto ETFs, and several filings for spot XRP funds are approaching decision deadlines this month.

If approved, these ETFs could attract massive institutional flows, providing a structural boost to demand. Even in the absence of full approval, the market has shown excitement, and these deadlines could bring significant growth for XRP.

Outlook for October 21

With just over two weeks remaining until the stated deadline, the combination of monetary easing and potential ETF approvals gives context to why the forecast has remained unchanged. Rate cuts provide the liquidity conditions that benefit speculative assets, and ETF progress offers a pathway for greater institutional involvement.

CryptoBull has consistently predicted XRP to hit $4.75 by October 21. Whether the target is met will depend on market momentum in the days ahead, but the surrounding environment has shifted in ways that lend additional support to the outlook.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.


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Solomon Odunayo
Solomon Odunayo
Solomon is a trader, crypto enthusiast, and analyst with over seven years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.
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