The post XRP Price Will Hit ATH Soon, 250% Surge Against ETH Projected appeared first on Coinpedia Fintech News
Ripple News Now : In the last seven days, with an impressive growth of 55.8%, XRP has outperformed almost all of the top cryptos. Including Bitcoin, Ethereum, Solana, BNB, Dogecoin and Cardano. The strong bullish sentiment that has emerged in the XRP market has grabbed the attention of many crypto enthusiasts.
Recently, a crypto specialist, identified as CrediBULL Crypto on X, stated that the XRP price may reach a new all-time high much earlier than expected. What does this imply? Dive in to know more about this striking statement.
Analysts Predict XRP ATH Soon: Unbelievable?
Expressing his extremely optimistic outlook about the present state of the XRP market. CrediBULL Crypto, in his recent post about the XRP price trends, asserted that the XRP price will hit a new ATH earlier than expected.
Explore XRP price predictions 2025 to 2030 and discover when Ripple’s XRP price might hit its all-time high (ATH)
However, he provided no clarity on when exactly the market could see a new ATH. Nonetheless, he noted that XRP would outperform the top two cryptos, Bitcoin and Ethereum, in this cycle. In the last 30 days, with an enviable growth of 194.5%, XRP has surpassed both Bitcoin’s +47.5% and Ethereum’s +33.4%.
Comparing XRP with Market Leaders
On November 6 itself, Bitcoin surpassed its ATH of $73,000+. Now priced at $98,454.31, Bitcoin now stands at nearly 34.86% above its ATH. Currently, the market is struggling to touch the milestone of $100K. Yesterday, it achieved only a minimal growth of 0.56%.
Meanwhile, currently trading at a price of $3,360.19, the ETH price remains at least 21.09% lower than its yearly peak of $4065.40, and 43.17% below its ATH of $4,810.81.
However, priced at $1.53, the current price of XRP is approximately 150.21% lower than its ATH of $3.84.
This indicates that XRP has significantly more room to grow compared to the top two cryptos, Bitcoin and Etheruem.
XRP/ETH Pair Growth Potential
Interestingly, CrediBULL Crypto pointed out that the XRP/ETH pair has retested a 4-year long range. The XRPETH monthly chart shows that in April 2024, the price slipped below the aforesaid range, and by July, it reentered. Right now, the XRPETH price is at least 160.4% above the lower line of the range, while the upperline remains at least 181.47% higher than the current price. The expert predicted a rise of 246% in this pair by 2025.
Future Targets of XRP
Reports suggest that the next price target of XRP is $2. Experts believe that once the market breaks above the range of $2, it would start its journey towards a new ATH.
In conclusion, XRP’s price action indicates a bright future, with analysts projecting significant milestones ahead.
FAQ
XRP shows strong investment potential, with a 55.8% weekly surge and analysts predicting a new all-time high (ATH) soon. Experts suggest XRP could outperform Bitcoin and Ethereum, with the XRP/ETH pair projecting up to 250% growth. Its current price, still far below its ATH, offers significant room for future gains.
#News #Altcoins #Ripple(XRP) [Source: Coinpedia]