Cryptoanalyst CryptoInsightUk has one more time given their projections on the future trajectory of the XRP price. This time, the analyst predicts that the crypto token could enjoy an unprecedented profit against the bitcoin-short-term-holders-4-5-profits-nov-2021/” rel=”nofollow”>flagship cryptocurrency, bitcoin. However, there is a caveat to this coming to fruition.
How XRP Could Gain 1500% Against bitcoin
in a mail shared on its X platform (formerly Twitter), CryptoInsightUk said that XRP could see a move of up to 1500% against bitcoin. This, he stated, will happen if the crypto token could break and stay above the top gray box in the attached chart he shared. However, even if that doesn't happen, still wait XRP will see significant gains against bitcoin.
Source: X
I had previously presented another scenario in which XRP makes an 88% move against bitcoin. The crypto analyst seemed more confident about this happening and mentioned that it seems like it's just a “matter of time.” before this movement happens. However, many hope that the 1500% change will also become a reality at some point.
CrytoInsightUK happens to be one of those who are very optimistic about the future trajectory of XRP. The crypto analyst had previously suggested that XRP could regain the 61,000% gain it made 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 has gained legal clarity.
Token price shows strength | Source: XRPUSD On Tradingview.com
Stronger than bitcoin
crypto Analyst Egrag crypto recently he claimed 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 have been trading at 0.00000637 btc back then.
According to Egrag, XRP's 129% gain against bitcoin highlights the former's strength. It also cements “XRP dominance” in the market cycle. Meanwhile, crypto analyst one more time asked for patience XRP community as he says XRP will reach between $1.3 and $1.5 on the horizon.
Bullish price predictions keep flowing as the bull market approaches. Patrick Riley, the founder of Reaper Financial, also recently declared that XRP will reach $22 at the peak of the next bull run. Interestingly, he even claimed that the crypto token will overtake 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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