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đŁ Expert Predicts XRP Price If Bitcoin Surge to $145K in Two Month Time
Tony Edwards, the host of the Thinking Crypto podcast, projects a scenario where a resurgence in the bull run could push Bitcoin, Ethereum and XRP to new ATHs.
The recent performance of major crypto assets like Bitcoin, Ethereum, and XRP has left many investors disappointed despite XRP showing greater resilience than the rest of the market.
đ¸ BTC, ETH, and XRP Fall from Recent Highs
These assets have lost most of the gains accumulated after Donald Trumpâs re-election in November. For instance, Bitcoin, which surged to an all-time high of $109,114 on Inauguration Day, January 20, is down 24.12% to $82,787.
Ethereum was trading at $1,897 in the hours before press time, despite soaring above $4,000 in December.
XRP, which became the third-biggest crypto by market cap following its remarkable post-election performance, has dropped to the fourth position. XRP soared to $3.38 on January 16 but has since plunged 32.54% to $2.28.
This downturn has spread across the broader crypto market, with top assets also experiencing similar price declines.
đ¸ Thinking Crypto Host Remains Optimistic
While many investors are expressing disappointment in the heavy downturns, Edwards seems optimistic about the marketâs potential.
He imagines a hypothetical scenario in which the prices of the top three crypto assets by market capâBTC, ETH, and XRP (excluding stablecoins)âhit ambitious targets within the next two months.
Notably, he sets Bitcoinâs target at $145,000, Ethereum at $7,000, and XRP at $5. Achieving these milestones would require Bitcoin, Ethereum, and XRP to rise 75.14%, 269%, and 119% from their current prices of $82,787, $1,897, and $2.28, respectively.
For context, Bitcoin will have a market cap of $2.87 trillion if it clinches the $145,000 target. Also, Ethereum and XRPâs valuation will rise to $844.37 billion and $290.54 billion at the projected targets, respectively.
#XRP #Ripple
Tony Edwards, the host of the Thinking Crypto podcast, projects a scenario where a resurgence in the bull run could push Bitcoin, Ethereum and XRP to new ATHs.
The recent performance of major crypto assets like Bitcoin, Ethereum, and XRP has left many investors disappointed despite XRP showing greater resilience than the rest of the market.
đ¸ BTC, ETH, and XRP Fall from Recent Highs
These assets have lost most of the gains accumulated after Donald Trumpâs re-election in November. For instance, Bitcoin, which surged to an all-time high of $109,114 on Inauguration Day, January 20, is down 24.12% to $82,787.
Ethereum was trading at $1,897 in the hours before press time, despite soaring above $4,000 in December.
XRP, which became the third-biggest crypto by market cap following its remarkable post-election performance, has dropped to the fourth position. XRP soared to $3.38 on January 16 but has since plunged 32.54% to $2.28.
This downturn has spread across the broader crypto market, with top assets also experiencing similar price declines.
đ¸ Thinking Crypto Host Remains Optimistic
While many investors are expressing disappointment in the heavy downturns, Edwards seems optimistic about the marketâs potential.
He imagines a hypothetical scenario in which the prices of the top three crypto assets by market capâBTC, ETH, and XRP (excluding stablecoins)âhit ambitious targets within the next two months.
Notably, he sets Bitcoinâs target at $145,000, Ethereum at $7,000, and XRP at $5. Achieving these milestones would require Bitcoin, Ethereum, and XRP to rise 75.14%, 269%, and 119% from their current prices of $82,787, $1,897, and $2.28, respectively.
For context, Bitcoin will have a market cap of $2.87 trillion if it clinches the $145,000 target. Also, Ethereum and XRPâs valuation will rise to $844.37 billion and $290.54 billion at the projected targets, respectively.
#XRP #Ripple
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.