XRP Holds At 3 USD… But For How Long If Bitcoin Continues To Decline?

XRP is stabilizing around the $3 mark, but dark clouds are looming over the crypto market in general. Bitcoin has fallen below $109,000, and economist Peter Schiff warns that a further drop to $75,000 could be the next step. With the political fluctuations in the United States shaking confidence in the Federal Reserve and investors closely monitoring the interest rate decision in September, the short-term outlook for XRP is closely tied to the fate of Bitcoin. If BTC continues to weaken, XRP may quickly lose its current support level. XRP Price Prediction: Schiff's Warning and Its Ripple Effect Peter Schiff, one of the most persistent critics of Bitcoin, has once again warned that BTC may be on the verge of a deeper correction. In his latest statement, Schiff indicated that Bitcoin could fall to a low of $75,000 after dropping below $109,000 this week, a 13% fall from its recent peak. His argument is very simple: with corporate investors having invested heavily, such sharp falls raise alarm bells about the overall stability of the market. If Bitcoin goes down that path, XRP and other altcoins will almost certainly come under pressure. Macro Context: Political Instability and Market Confidence In addition, the political situation in the US is also heating up. President Trump’s dismissal of Federal Reserve Governor Lisa Cook has raised questions about the independence of the central bank, right as the Fed is preparing for the possibility of interest rate cuts in September. While the stock market has ignored unexpected developments, with the Dow Jones, S&P 500, and Nasdaq all recording slight increases, the crypto market is much more sensitive to the Fed's credibility and interest rate expectations. A sudden policy change could strengthen or weaken the dollar, and both scenarios would affect the price volatility of XRP. XRP Price Prediction: Narrow Range but Vulnerable

Looking at the daily chart of XRP, the price is fluctuating around the $3.00 level, consolidating after the price increase in July. The Bollinger Bands are tightening, indicating a decrease in volatility, while the middle band at $3.08 is acting as a short-term resistance level. The recent bullish attempt failed near the $3.33 level, a significant barrier that also aligns with Fibonacci pivot point R1. If Bitcoin continues to fall, the price of XRP could break below the support zone of 2.80–3.00 dollars, opening the door for deeper pullbacks around the 2.50 dollar mark. On the positive side, buyers will need to break above 3.35 dollars to retest the 3.80 dollar area, with 4.00 dollars being the next psychological milestone. Short-Term Outlook: Bitcoin Determines the Trend The truth is, the short-term trajectory of XRP depends on the movements of Bitcoin. If BTC finds support above $100,000 and stabilizes, XRP could hold the $3.00 level and gradually recover. However, if Schiff's target of $75,000 becomes a reality, XRP may likely fall back below $3.00 and struggle to regain momentum. The current macro and technical situation supports caution. While stocks are rising, the crypto market remains fragile under the shadow of Fed policy and Schiff's bearish warning about Bitcoin. For XRP holders, the support level of $3.00 is a fragile boundary. A confirmed recovery of BTC could drive the next upward momentum, but another sharp decline of Bitcoin will almost certainly drag XRP down as well.