CandleFocus

XRP could see a 745% surge as Bitcoin targets $115K and Ethereum eyes $8K, says prominent trader

The cryptocurrency market, led by Bitcoin, has been experiencing a surge in prices recently. Bitcoin reached a four-week high of over $64,000, resulting in a global crypto market cap increase of over $200 billion. Analysts are optimistic about the potential for significant price increases across various cryptocurrencies, including XRP.

Altcoin Moe, a prominent figure in the crypto community, has provided new price predictions for different cryptocurrencies. Moe believes that Bitcoin could reach an all-time high of $115,000, marking an 81% increase from its current price. Ethereum is expected to perform even better, with a prediction of reaching $8,000, a 210% increase.

XRP, one of the prominent altcoins, is expected to see significant gains. Altcoin Moe predicts that XRP could reach $5 by the end of the year, a 745% increase from its current price. If Bitcoin and Ethereum meet their predicted targets, XRP's price may rise even further.

XRP has historically followed a growth pattern similar to Bitcoin, with previous bull runs resulting in significant price increases. Other altcoins, such as Chainlink, Binance Coin, and Avalanche, are also expected to see notable gains according to Altcoin Moe's predictions.

Cryptocurrency commentator Levi Rietveld also predicts a huge price appreciation for XRP, mainly due to the SWIFT payment system. He suggests that XRP may reach $60 overnight and potentially reach $200 in the next ten years.

Overall, there is positive sentiment and optimistic predictions for the cryptocurrency market, particularly for Bitcoin, Ethereum, and XRP, as well as select altcoins.

Related News