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Home»EXCHANGE NEWS»Crypto analyst reveals when this will happen.
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Crypto analyst reveals when this will happen.

By Crypto FlexsJune 12, 20243 Mins Read
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Crypto analyst reveals when this will happen.
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Cryptocurrency Analyst CrediBULL Crypto presented an optimistic story about . Ethereum (ETH) and XRP. He claimed that the two tokens could rise to $20,000 and $20 respectively. Furthermore, he stipulated: parabolic price surge It’s likely to happen.

Ethereum could hit market highs near $20,000.

CrediBULL cryptocurrency mentioned on X (formerly Twitter) post There is a possibility that Ethereum may reach a market peak near $20,000. He also explained that ETH could achieve this price level, based on his belief that BTC could “realistically” see a 2X rise from its last high of $69,000 during the 2021 bull market. thus, Altcoins like ETH You will do this “multiple times.”

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Specifically, he expects ETH to perform 3 to 4 times its previous performance. Highest ever (ATH), at $4,800, is the second-largest cryptocurrency token by market capitalization, with a price range between $15,000 and $20,000. Meanwhile, CrediBULL believes that Ethereum I’m sure it will go up to $10,000 at least.

Following CrediBULL’s prediction, another X user emerged. asked a question How possible was it for ETH to rise to a $2 trillion market capitalization, saying it would be “crazy”? However, cryptocurrency analysts responded For ETH to rise to such levels is a “best”, so the market cap would seem “outrageous”. He jokingly added that if the market capitalization doesn’t seem exorbitant, there’s a problem.

XRP is another altcoin that can experience exponential growth.

different X post, CrediBULL also made the case for XRP, saying that if ETH reaches $10,000, XRP could also rise to between $10 and $12. He suggested that XRP should not be underestimated. Current poor performanceIt was pointed out that XRP actually upset ETH in terms of market capitalization at some point in the last cycle.

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Therefore, the cryptocurrency analyst added, anyone who thinks it’s “realistic” for ETH to hit $10,000 should also believe it’s possible for XRP to rise to $10. In the follow-up X postCrediBULL claimed that XRP could rise up to $20 with ETH currently reaching $10,000 in circulating supply.

Once again, he pointed out that since XRP is a top 10 coin, its ability to achieve such price levels is very high. This means that there is clearly market demand for XRP. CrediBULL’s sentiment echoes that of Nick, founder of Web3Alert. previously predicted There were predictions that Bitcoin and Ethereum would rise up to $10, so XRP could rise to $10. $150,000 and $10,000each.

As of this writing, ETH and XRP are trading 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 Tradingview.com

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