XRP To $20 And Ethereum To $20,000: Crypto Analyst Reveals When This Will Happen
05 Avril 2024 - 8:00PM
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Crypto analyst CrediBULL Crypto has laid out a bullish narrative
for Ethereum (ETH) and XRP. He claimed that both tokens could rise
to as high as $20,000 and $20, respectively. Additionally, he
stipulated when this parabolic price surge is likely to
happen. Ethereum Could Hit A Market Top Near $20,000
CrediBULL Crypto mentioned in an X (formerly Twitter) post that
there is a chance that Ethereum could hit a market peak near
$20,000. He further explained that ETH could attain this price
level based on his belief that BTC can “realistically” see a 2x in
this market cycle from its last high of $69,000 in the 2021 bull
run. As such, altcoins like ETH will do “multiples of that.”
Related Reading: Fantom Supply On Exchanges See Drastic Increase, A
Cause For Alarm? Specifically, he foresees ETH doing a 3x to 4x of
its prior all-time high (ATH) of $4,800, which puts the second
largest crypto token by market cap in a price range between $15,000
and $20,000. Meanwhile, CrediBULL asserted that Ethereum will
surely rise to $10,000 at the minimum. Following CrediBULL’s
prediction, another X user questioned how possible it was for ETH
to rise to a market cap of $2 trillion, stating that it seems
“crazy.” However, the crypto analyst responded that ETH rising to
such levels is a “blow off top, ” so the market cap will look
“outrageous.” He jokingly added that there is a problem if the
market caps don’t look outrageous. XRP Is Another Altcoin
That Could Experience Exponential Growth In a different X
post, CrediBULL also made a case for XRP, stating that XRP could
also rise between $10 and $12 if ETH were to hit $10,000. He
suggested that XRP wasn’t to be underrated despite its current
underperformance, noting that XRP actually flipped ETH in terms of
market cap at some point in the last cycle. Related
Reading: Crypto Expert Releases List Of Top 10 Altcoins To Buy For
Maximum Profit In The Bull Market Therefore, the crypto analyst
added that anyone who thinks ETH hitting $10,000 is “realistic”
should also believe that XRP rising to $10 is possible. In a
subsequent X post, CrediBULL claimed that XRP could even rise to as
high as $20 based on ETH hitting $10,000 at its current circulating
supply. Again, he noted that XRP is very capable of attaining
such price levels, seeing as it is a top 10 coin, which means that
the market demand for it is evidently there. CrediBULL’s sentiment
echoes that of Nick, the founder of Web3Alert, who previously
predicted that XRP could rise to $10 since there were predictions
that Bitcoin and Ethereum would rise to as high as $150,000 and
$10,000, respectively. At the time of writing, ETH and
XRP are trading at around $3,290 and $0.58, according to data from
CoinMarketCap. XRP price at $0.57 | Source: XRPUSDT on
Tradingview.com Featured image from Bitcoin Sistemi, chart from
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