Analyst Levi from the Crypto Crusaders community urges XRP investors to accumulate an additional 2500 tokens by September, citing several economic indicators and expected monetary policy shifts.
Economic Indicators and Global Monetary Policy
Levi pointed to recent employment data from major economies, such as Canada and the US. He believes these figures signify a weakening global economy, likely prompting central banks to lower interest rates. For instance, Canada lost over 40,000 jobs in July, marking the largest monthly decline since the pandemic. Levi estimates that the probability for US and Canadian rate cuts in September is between 70% and 90%.
Political Factors and Market Impact
Levi also discussed political developments in the US, where changes in the Federal Reserve's management are anticipated, which could influence monetary policy. He opines that such changes may align the US monetary policy toward aggressive rate cuts and that if cuts are delayed in September, October may remain a likely timeframe.
XRP Price Projections and Strategic Positioning
Levi highlighted the target accumulation level of 2500 XRP, noting that approximately 75% of current holders possess fewer tokens. He argues that surpassing this threshold allows investors to benefit from anticipated price movements. He forecasts potential growth for XRP by late 2025, especially in Q4, driven by global liquidity injections and the possible introduction of XRP ETFs.
In anticipation of changes in economic and political arenas, analyst Levi urges investors to accumulate XRP tokens. In his view, current conditions represent a unique opportunity that investors should not ignore.
