CandleFocus Pundit Says XRP to $22 with $1T Cap is Achievable, Agrees with BitBoy That XRP Will Flip Ethereum
2024-11-01
Author: Content Editor
XRP is experiencing a mild pullback along with the broader crypto market as Bitcoin sees a slight dip. XRP's 30-day performance has worsened compared to Bitcoin's, with XRP down over 18% while Bitcoin is up by 14%. Despite this, analysts like Oscar Ramos believe that XRP can reach $22 per token and achieve a trillion-dollar market cap. They believe that Ripple's use of XRP for payments and the introduction of ETFs and RLUSD on XRP's blockchain will contribute to this growth. However, reaching $22 for XRP would require a 4,147% increase from its current value and its price actions over the past few years have not supported this likelihood. Some analysts argue that XRP's history may no longer be relevant in predicting its future performance.
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