Crypto Price Prediction Today 18 September – Xrp, Binance Coin, Shiba Inu

What Happened

These three tokens have outperformed the market average today, with the Fed’s rate cut boosting investor appetite for risk-on assets such as cryptos.

Crypto Price Prediction: XRP ($XRP) – New DBS and Franklin Partnership Will Push Altcoin Price to New ATH Soon

It’s also benefiting from Ripple’s accelerated growth as a company, with the firm announcing a new tokenization partnership with DBS and Franklin Templeton today.

This comes in addition to recent partnerships with BBVA, the $200 million acquisition of Rails, and the company’s expansion into Africa and Dubai.

Market Context

The Federal Reserve cut rates by 0.25% yesterday, and the crypto price prediction for XRP, Binance (BNB) and Shiba Inu has turned increasingly bullish.

This is likely to drive the prices of XRP, BNB and SHIB upwards in the coming weeks, with all three tokens potentially hitting new record highs.

Indeed the XRP price could perform very strongly in the coming weeks, and not just because of yesterday’s rate cut.

It’s in this hugely bullish context that the coin’s chart shows signs of ongoing price rises, with its indicators still moving up from previously oversold positions.

The crypto price prediction for XRP is therefore very positive, with the coin set to hit $3.50 by the end of the month, and pass $5 by the end of the year.

Crypto Price Prediction: Binance Coin ($BNB) – Exchange Token Setting New Record Highs Amid High Binance Volumes

These moves have pushed BNB up to 5th in the market in terms of capitalization, while it’s also up by 84% in the last 12 months.

However, while its RSI (yellow) and MACD (orange, blue) have entered overbought positions, the wider market’s overall trajectory may help it to continue climbing in the coming weeks.

If the SEC does approve the vast majority of outstanding ETF applications (and it approved a multi-crypto ETF yesterday), then this could send demand even higher, pushing the BNB price with it.

An expanding cryptocurrency market will boost Binance’s position as crypto’s biggest exchange, which in turn will increase demand for BNB.

Crypto Price Prediction: SHIB Price Builds Bullish Momentum – Major Breakout Now Imminent

Why It Matters

But what makes this period particularly bullish is that we may begin to see a flood of ETF approvals from the SEC, including for XRP and other major altcoins.

Its chart is unsurprisingly showing some real momentum right now, yet there’s a danger that it may be close to peaking, implying a correction.

As such, we could see the altcoin reach $1,600 by the of the year.

Details

XRP has bounced to $3.12 today, making for a 4% increase in the past 24 hours and a 10% rise in the past fortnight.

The coin has also risen by 4% in a month, and what’s encouraging about this is that it’s a sign that XRP is still some way from being overbought (and needing to correct).

Now is therefore a very bullish time for XRP, which is waiting for the SEC to decide on applications for over 10 XRP ETFs.

BNB set a record high of $1,004 only a few hours ago, and at $991, it has posted a 3.5% gain in 24 hours and a 17% increase in the past month.

At $0.00001334, SHIB has gained by 2.5% in the past 24 hours and 9% in the past fortnight, with the meme token also up by 6% in the past month.

But if we look at its chart today, we see that there’s still lots of scope for further increases in the coming days and weeks.