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Home»EXCHANGE NEWS»Crypto analyst predicts XRP will move 1,500% against Bitcoin. What are the conditions?
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Crypto analyst predicts XRP will move 1,500% against Bitcoin. What are the conditions?

By Crypto FlexsDecember 19, 20233 Mins Read
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Crypto analyst predicts XRP will move 1,500% against Bitcoin.  What are the conditions?
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Cryptocurrency analyst CryptoInsightUk said: yet again Based on his predictions about the future trajectory of XRP price. This time, analysts predict that cryptocurrency tokens will enjoy unprecedented value. Main cryptocurrency, Bitcoin. However, there are some caveats to make this a reality.

How XRP Could Gain 1500% Against Bitcoin

in post CryptoInsightUk, shared on his X (formerly Twitter) platform, said: XRP could rise up to 1500% against Bitcoin. He said this would happen if the crypto token could break and stay above the gray box at the top of the chart he shared. But even if that doesn’t happen, he’s still hoping. XRP has significant gains over Bitcoin.

Source: X

He previously presented another scenario where XRP rises 88% against Bitcoin. The cryptocurrency analyst seemed more confident about this happening, noting that it appears to be just “a matter of time.” before this move happened. However, many people will be hoping that a 1500% move will materialize at some point.

CrytoInsightUK is among those who are very optimistic about the future trajectory of XRP. Cryptocurrency analyst previously proposed He said XRP could recapture the 61,000% gains it saw in 2017. He highlighted how the token is better positioned and has a lot of potential. He also mentioned how the token is in a “unique position” considering that: Legal clarity has been made.

XRP price chart on Tradingview.com

Token price shows strength | Source: XRPUSD On Tradingview.com

Stronger than Bitcoin

Cryptocurrency analyst Egrag Crypto Recently assert The point is that XRP is stronger than BTC. He related the fact that XRP is currently trading at a higher price level, as well as the fact that Bitcoin is currently trading at around $42,000, higher than when the major cryptocurrency was trading at the same level two years ago. At the time, XRP was said to be trading at 0.00000637 BTC.

According to Egrag, XRP’s 129% gain over Bitcoin highlights the former’s strength. This also solidifies “XRP’s dominance” in the market cycle. Meanwhile, cryptocurrency analysts yet again Patience was urged. XRP Community He expects XRP to reach between $1.3 and $1.5.

Bullish Price Prediction It continues to flow As the bull market approaches. Patrick Riley, founder of Reaper Financial recently revealed XRP will reach $22 when the next bull market peaks. Interestingly, he also claimed that cryptocurrency tokens will surpass Bitcoin at some point.

As of this writing, XRP is reportedly trading at around $0.61, up nearly 1% over the past 24 hours. data From CoinMarketCap.

Featured image from Quora, chart from Tradingview.com

Disclaimer: This article is provided for educational purposes only. This does not represent NewsBTC’s opinion on whether to buy, sell or hold any investment, and of course investing carries risks. We recommend that you do your own research before making any investment decisions. Your use of the information provided on this website is entirely at your own risk.

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