Crypto Analyst Predicts XRP 1,500% Move Against Bitcoin, What Are The Terms?
December 19 2023 - 10:00AM
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Crypto analyst CryptoInsightUk has once again given his projections
as to the future trajectory of the XRP price. This time, the
analyst predicts that the crypto token could enjoy unprecedented
against the flagship cryptocurrency, Bitcoin. However, there is a
caveat for this to materialize. How XRP Could Gain 1500%
Against Bitcoin In a post shared on his X (formerly Twitter)
platform, CryptoInsightUk said that XRP could see a move up to
1500% against Bitcoin. This, he stated, will happen if the crypto
token could break and hold above the top grey box in the
accompanying chart he shared. However, even if that doesn’t happen,
he still expects XRP to make significant gains against
Bitcoin. Source: X Related Reading: Dogecoin On-Chain Metrics
Explode, Can DOGE Price Reach $0.2? He had earlier laid out another
scenario where XRP makes an 88% move against Bitcoin. The crypto
analyst seemed more confident in this happening as he mentioned
that it looks like it is just a “matter of time” before this
move-up happens. Many will, however, be hoping that the move of
1500% also actualizes at some point. CrytoInsightUK happens
to be one of those who are very bullish on XRP’s future trajectory.
The crypto analyst had previously suggested that XRP could
recapture the 61,000% gain it saw back in 2017. He highlighted how
the token was in a better place and had a lot of potential. He also
alluded to how the token is in a “unique position” considering that
it has gained legal clarity. Token price shows strength | Source:
XRPUSD On Tradingview.com Stronger Than Bitcoin Crypto analyst
Egrag Crypto recently asserted that XRP is stronger than BTC. He
made this statement in relation to the fact that XRP is trading at
a higher price level now, with Bitcoin currently trading at around
$42,000, than when the flagship cryptocurrency was trading at this
same level two years ago. XRP is said to be trading at 0.00000637
BTC back then. Related Reading: VanEck CEO Predicts When The
Bitcoin Price Will Reach $69,000 Again According to Egrag, XRP’s
129% gain against Bitcoin highlights the former’s strength. It also
cements “XRP’s dominance” in the market cycle. Meanwhile, the
crypto analyst once again called for patience from the XRP
community as he says that XRP hitting between $1.3 and $1.5 is on
the horizon. The bullish price predictions keep flowing in as
the bull market draws near. Patrick Riley, the founder of Reaper
Financial, also recently stated that XRP will hit $22 at the peak
of the next bull run. Interestingly, he even went on to assert that
the crypto token will surpass Bitcoin at some point. At the
time of writing, XRP is trading at around $0.61, up almost 1% in
the last 24 hours, according to data from CoinMarketCap.
Featured image from Quora, chart from Tradingview.com
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