The Bitcoin Rally, Ripple (XRP) Price Outlook and a Very Interesting Shiba Inu (SHIB) Prediction – Bit Roundup September 19

TL;DR

SHIB experienced a daily increase of 5%, with speculation of a 10,000% increase, although this is highly unlikely. XRP gained 1% in the last 24 hours, with predictions of a potential rise to $5 or even $27. BTC hit $62,000 after the Fed rate cut and some believe this could be the starting point for a new all-time high. Resurgence of BTC

Last but not least, we’ll talk about the main cryptocurrency, which has also been at the forefront of gains over the past 24 hours. BTC recovered $62,000 hours after the Fed lowered the benchmark, while bullish analysts expect another jump in the coming months.

BTC Price, Source: CoinGecko

X user Bluntz advised investors to stay in the ecosystem, stating that this will be the next “BTC ATH rip”.

“This will be the last macro stage higher, you have about 3-4 more months to make as much money as possible,” the trader imagined.

Captain Faibik was also optimistic, expecting the bulls to test the $68,000 level “in the coming days.”

The odds of an epic bull run SHIB

The second largest meme coin has seen an uptrend lately, with its price increasing by 5% in the last 24 hours and currently trading around $0.00001392. This comes at a time when the entire cryptocurrency market headed north after the US Fed’s decision to cut interest rates by 0.5%.

SHIB Price, Source: CoinGecko

Earlier this week, a popular analyst speculated that Shiba Inu (SHIB) could be poised for an outrageous price explosion. User X, who has almost 150,000 followers, claimed that the token could remove two zeros from his rating in the future.

The expected rally would put the price of SHIB at $0.001392, representing an increase of almost 10,000%. It is worth noting that the market capitalization of the meme coin needs to reach approximately $800 billion for this prediction to happen.

Bitcoin (BTC) is currently the only cryptocurrency whose market cap exceeds this mark, making the prediction highly unlikely (to say the least).

How is XRP?

Ripple’s XRP is also in the green, although it is posting less substantial gains than the rest of the leading cryptocurrencies. It continues to trade around $0.58, or a 1% increase compared to the figure seen on September 18.

XRP Price, Source: CoinGecko

Despite moving slightly sideways, some enthusiasts believe the token could be on the verge of an exponential bomb. User X Max (CEO and founder of crypto analytics platform WhyBitcoin) is among the examples, revealing that he recently entered the ecosystem as an investor. The BTC bull bought “a lot” of XRP, predicting that its price will soar to $5 next year.

EGRAG CRYPTO was even more optimistic and described five different scenarios for the future. The most optimistic one depicts XRP trading at a ridiculous $27.

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