XRP PRICE NEEDS JUST 113% SURGE TO FLIP ETHEREUM: WILL THIS HAPPEN?
For XRP to flip Ethereum, it would need to surge by 113%. Given XRP's current price of $2.61, it would need to reach around $5.57 to surpass Ethereum's current price of $2,699.03. Considering XRP's recent performance, this seems ambitious but not impossible.
Recent Performance:
- XRP's price has surged 25% weekly, ranking 3rd among cryptos.
- XRP wallet growth has hit a record high, with over 6.5 million non-empty wallets.
- Trading activity on Binance has increased, with XRP Open Interest climbing once again
Expert Predictions:
- Some experts predict XRP could reach $5 or even $6, driven by bullish trends, legal clarity, and growing institutional adoption.
- A popular technical analyst, MackAttackXRP, sees a bullish pennant pattern on the weekly chart, potentially targeting $3.40 or $3.60 in the near term
Key Factors:
Institutional Adoption:Growing interest from institutions, with WisdomTree naming XRP as a suitable altcoin alongside Bitcoin in a crypto portfolio.
On-Chain Data: Whale wallets are consolidating, liquidity is rising, and wallet activity is surging, indicating confidence in XRP.
Market Trends:Altcoins, including XRP, are showing strong breakout momentum, potentially leading to an altcoin bull run .#CryptoCPIWatch #CryptoRoundTableRemarks #xrp $XRP $ETH