XRP’s 3–6 Month Outlook: Analyst Predicts Path Toward $13

Bitcoin has shown signs of stabilization as markets prepare for a significant shift in U.S. monetary policy, with the Federal Reserve expected to end its quantitative tightening (QT) program in December. This decision comes after a prolonged period of QT that has influenced liquidity for risk assets, including Bitcoin.

Bitcoin's price has slipped back to $92,000 following a recent rally, coinciding with Microsoft lowering its AI sales goals, which has raised concerns about the broader economic impact on the cryptocurrency market. This downturn follows a period of volatility where Bitcoin had previously reclaimed higher price points after significant sell-offs.

Strategy's Michael Saylor has publicly addressed the potential exclusion of MSTR from MSCI indexes, emphasizing the company's engagement with MSCI to retain its position despite recent adjustments in Bitcoin holdings, which now total 650,000 BTC. This comes as the company has lowered its 2025 targets, indicating a strategic recalibration.

Crypto analyst Tony Severino has identified a historical bearish pattern suggesting that Bitcoin's price could plummet to $42,000, following a recent surge above $90,000. This prediction is based on the behavior of Bitcoin during previous market cycles, indicating a potential retracement to subwave 3/4 of wave 3/4 of its impulse. Severino's analysis highlights a significant risk for Bitcoin investors as the market prepares for potential downturns in early next year.

The cryptocurrency market has experienced a significant rebound this week, with Bitcoin surging past $93,000 and Ethereum climbing back above $3,000. This dramatic recovery follows a period of volatility, highlighting the resilience of these major digital assets amidst market fluctuations.

Bitcoin is currently experiencing a tactical rebound, with its price hovering around $91,000 after a significant sell-off. Analysts are observing key resistance levels as bulls attempt to push back against bearish trends, raising questions about the sustainability of this upward movement.

Firelight has launched XRP staking on the Flare network, aiming to enhance risk management in decentralized finance (DeFi) and potentially increase institutional trust in XRP. This initiative is expected to expand the utility of XRP within the DeFi ecosystem.

The Firelight Protocol has announced the introduction of staking rewards for XRP holders, enhancing the utility of XRP within its ecosystem. This initiative aims to incentivize users to stake their XRP, potentially increasing engagement and investment in the protocol.