Expert Bold Prediction: XRP Could Surge to $10, if Bitcoin Reaches $80K
According to Ergag Crypto’s analysis, there is a potential for XRP to surge by 1,750%, reaching $10.4 if Bitcoin makes a 25% move to $80,000. The analyst highlighted a price correlation between XRP and Bitcoin based on an Atlantic and Pacific line analysis, suggesting that XRP’s price may soon experience a significant increase due to a bottoming structure in the macro-view.
XRP Potential Breakout
Ergag Crypto also projected a potential price scenario in which XRP could reach $27.3, but this would require Bitcoin to trade at $210,000 based on the correlation factor. The analyst’s earlier predictions in May suggested macro-economic targets for XRP/Bitcoin correlation, with the first target at $10.4 and the second at $27.3, correlating to specific Bitcoin price points.
These projections align with another expert’s prediction of XRP hitting $10 this cycle, which was based on the potential breakout from a symmetrical triangle that XRP has been trading within since 2021.
Despite the wider market correction observed on Thursday, XRP showed price weakness, trading at $0.573 with a market cap of $32 billion at the time of the analysis.
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