Crypto Expert Makes a Realistic XRP Price Prediction – Here's What You Need to Know

Veteran analyst Austin Hilton, who has over 340,000 subscribers, shared a new video breaking down what's happening with XRP's price and why traders might want to keep a close eye on it.

Crypto expert Austin Hilton, known for his analysis to over 340,000 subscribers, shared a realistic XRP price prediction.

What Is Happening With XRP’s Price?

Despite the chatter about a crypto market crash, Hilton said it’s not imploding; it’s quiet. Investors aren’t panicking; they’re waiting, and while retail interest is low, big institutions are still buying.

According to Hilton, the market is mostly stuck in neutral. XRP trading volume has dipped from around $4.5 billion to $4 billion. That drop shows a wider lack of activity, with many investors pulling back.

However, those thinking institutions aren’t active might be surprised. According to reports, institutions are buying up to $300 million to $500 million of XRP daily.

Also mentioned was market manipulation, which Hilton touched upon, suggesting it exists in both the crypto and stock markets.

But the bigger issue, he noted, isn’t necessarily market manipulation but rather low liquidity and a lack of fresh capital entering the market.

What Are XRP’s Key Support And Resistance Levels?

Sharing his realistic XRP price prediction, Hilton said: “We’re cutting through the noise. A lot of people are talking about XRP going to $5, but let’s keep it real. We’ve got some resistance, boys. They’re trying to break through $0.26 to $0.28.

“We’ve got support at $0.224 to $0.23. It’s going to be bouncing off that area. So, where do I see XRP staying for the next period of time? I think it’s going to be cycling through this range unless we get some good news.

“We need some good regulatory updates, some good news from Ripple or maybe some good Bitcoin action to really create some volume and buyers to push through this resistance.

“But right now, it’s just pinging off this support. A lot of people think the market is crashing. But this isn’t an implosion; it’s an όξυγόνο.

“The market is quiet because it’s waiting for direction. We’re in a holding phase. Everyone’s pulling back. It’s a lack of liquidity and a lack of new capital coming into the market.”

Is The Summer Slowdown Impacting Coins Like CAKE?

Summer is usually a slow time for crypto. Historically, traders step back during this period, and volume tends to drop.

This lack of activity could keep coins like PancakeSwap’s CAKE token range-bound for a few more months.

Despite strong on-chain metrics, which indicate rising users and protocol revenue, the crypto elite said the Countertops coin may not see a strong uptrend until later in Q4.