| Cryptocurrency | Price (USDT) |
|---|---|
| BTC | $107336.5300000000 |
| ETH | $2435.2410000000 |
| BNB | $649.4298600000 |
| XRP | $2.1860280000 |
| ADA | $0.5622688000 |
| SOL | $150.1401000000 |
| DOGE | $N/A |
| DOT | $3.4037000000 |
| LTC | $86.5775000000 |
| LINK | $13.3517200000 |
Category: CRYPTO NEWS
The post Analyst Predicts XRP Price To Hit $3.4 Trillion Market Cap, Here’s How appeared on BitcoinEthereumNews.com. Crypto analyst Egrag Crypto has provided an ultra-bullish outlook for the XRP price, predicting it could hit a $3.4 trillion market cap. The analyst revealed how this could happen and also boldly asserted that the crypto could hit a trillion market cap in this cycle. How The XRP Price Will Hit $3.4 Trillion Market Cap In an X post, Egrag Crypto predicted that the XRP price would hit a $3.4 trillion market cap at some point. The analyst explained this was possible based on a Logarithmic measured move, which puts XRP’s market cap at $3.4 trillion. Meanwhile, the crypto analyst noted that the non-logarithmic measured move puts the crypto’s market cap at $200 billion. Egrag Crypto further remarked that these logarithmic charts are used for long-term analysis of exponential growth, and linear charts are for short-term precision in trade entries and exits. Based on XRP’s circulating supply, this means that the XRP price could reach $58 if the crypto hits a $3.4 trillion market cap. Meanwhile, XRP could reach a new all-time high (ATH) of $3.5 as it hits a market cap of $200 billion based on the non-logarithmic measured move. Interstingly, Egrag Crypto asserted that XRP could hit a trillion market cap in this market cycle. He revealed that the Fibonacci 1.618, often referred to as the golden ratio, is sitting at $978 billion, which makes a $1 trillion market cap achievable. The analyst further explained that XRP’s market cap skyrocketed 15,000% in the last cycle from just above Fib 1.0 to the top. As such, he is confident that the crypto hitting the Fib 1.618 or a $1 trillion market cap is “super doable.” Egarg Crypto also suggested that XRP could even surpass the $1 trillion market cap, stating that these calculations don’t account for when utility kicks…
2025-02-20T03:37:07+00:00