Analyzing XRP Price: Prediction and Sentiment Ahead of November 3

The cryptocurrency market is experiencing a period of uncertainty following the recent Federal Reserve interest rate decision. Despite expectations for aggressive cuts, traders witnessed a dramatic shift in sentiment that has affected the price of XRP. The sell-off began hours before the announcement, with large investors capitalizing on pre-meeting volatility and driving prices down while retail buyers who had relied on rumors found themselves shortchanged. XRP’s current price range remains relatively narrow, hovering between $2.30 and $2.70. 30% decline since mid-July may be nearing a peak, according to Brian from Santiment, who anticipates a potential relief rally as most leveraged traders exit the market.