Rise

<p>Despite <a href="https://bitcoinist.com/xrp-price-action-legal-expert/" rel="nofollow">concerns</a> about the XRP price performance in this market cycle, this crypto expert has elaborated on why he believes the crypto token will still <a href="https://www.newsbtc.com/analysis/xrp/xrp-is-primed-for-growth/">record significant gains</a>. He even predicts that XRP could rise to as <a href="https://www.newsbtc.com/analysis/xrp/xrp-price-800-5-90-days/#:~:text=%E2%80%9CXRP%20To%20%245%20In%2090,of%20a%20prolonged%20bull%20market.%E2%80%9D">high as $10</a>.&nbsp;</p> 
<h2 id="why-xrp-price-could-rise-to-as-high-as-10">Why XRP Price Could Rise To As High As $10</h2> 
<p>Nick, the founder of Web3Alert, mentioned in an X (formerly Twitter) <a href="https://x.com/NCashOfficial/status/1769175168021148074?s=20" rel="nofollow">post</a> that his price range for XRP in this market cycle is between $5 and $10. According to him, this is possible considering that there are predictions that ETH will rise to between <a href="https://bitcoinist.com/ethereum-to-10000-programmed/" rel="nofollow">$7,500 and $10,000</a> and Bitcoin will rise to between <a href="https://www.newsbtc.com/news/bitcoin/fundstrat-exec-bitcoin-150000/">$100,000 and $150,000</a>.&nbsp;</p> 
<p>Nick noted that the XRP price rising to between $5 and $10 would put its market cap at $500 billion and 1 trillion, respectively. That puts the crypto token’s market cap in a similar category to that of Bitcoin and Ethereum, which could be valued as high as $2.9 trillion and $1.2 trillion if their price predictions are fully actualized.&nbsp;</p> 
<p>In other words, Nick argues that XRP hitting these prices is not farfetched since there is still much room for growth for the two largest crypto tokens by market cap, <a href="https://www.newsbtc.com/news/ethereum/ethereum-crypto-analyst-1900/#:~:text=If%20that%20happens%2C%20Ethereum%20could,its%20current%20price%20of%20%241%2C600.">Bitcoin and Ethereum</a>. As those two tokens continue to increase in price, he expects XRP to follow suit. Interestingly, he opined that his XRP prediction is “conservative,” suggesting XRP could go way higher.&nbsp;</p> 
<p>Following Nick’s assertion, another X user <a href="https://x.com/Dat_Dude_Derek_/status/1769181926500204741?s=20" rel="nofollow">remarked</a> that comparing XRP to Bitcoin and Ethereum seemed out of place since BTC and ETH’s price prediction is just a 2x, unlike XRP, which will need to see a 10x in its price to hit those targets. Nick <a href="https://x.com/NCashOfficial/status/1769185024329347145?s=20" rel="nofollow">responded</a> that this simply shows that XRP is undervalued and presents a great ROI opportunity in this cycle.&nbsp;</p> 
<h2 id="the-belief-in-xrp-s-potential">The Belief In XRP’s Potential</h2> 
<p>Nick joins a list of crypto analysts who have expressed optimism about XRP’s potential in this market cycle <a href="https://bitcoinist.com/xrps-underperformance-ruffles-feathers-as-community-asks-ripple-to-do-something-about-price/" rel="nofollow">despite its underperformance</a> to start this bull run. <a href="https://bitcoinist.com/ripple-biggest-ipo-ever/" rel="nofollow">Crypto expert Zach Rector</a> also <a href="https://www.newsbtc.com/analysis/xrp/xrp-is-primed-for-growth/">recently shared</a> his belief and gave reasons why XRP is still bound to perform well in this bull market.&nbsp;</p> 
<p>Although he didn’t give any price prediction, he alluded to <a href="https://bitcoinist.com/ripple-ceo-success-for-xrp/" rel="nofollow">XRP’s fundamentals</a> as one reason why he holds this belief. Meanwhile, technical analysts like Egrag Crypto have also made bullish price predictions for XRP heading into this market cycle. Egrag has even gone as far as <a href="https://www.newsbtc.com/analysis/xrp/crypto-4400-xrp-price-27/#:~:text=Crypto%20Analyst%20Predicts%204400%25%20XRP%20Price%20Surge%20To%20%2427%2C%20Here's%20When,-by%20Scott%20Matherson&amp;text=Crypto%20analyst%20Egrag%20Crypto%20continues,this%20is%20a%20real%20possibility.">suggesting</a> that the XRP price could rise to as high as $27 at the peak of this bull run.&nbsp;</p> 
<p>At the time of writing, the XRP price is trading at around $0.58, down over 3% in the last 24 hours, according to <a href="https://coinmarketcap.com/currencies/xrp/" rel="nofollow">data</a> from CoinMarketCap.&nbsp;</p> 
<p><img loading="lazy" decoding="async" class="aligncenter size-medium" src="https://www.tradingview.com/x/qT4NubLw/" alt="XRP price chart from Tradingview.com (Crypto expert)" width="3286" height="1530"></p>

Crypto Expert Reveals Why XRP Price Will Rise 1,700% To $10

Table of Contents

NewsBTC

Other articles published on Mar 20, 2024

QCP Market Projects New Highs For Bitcoin Amid Liquidity Rotation

Argentinians Turn to Bitcoin to Shield Wealth from Currency Fluctuations

e-Radix (EXRD) Price Prediction 2025, 2026, 2027, 2028, 2029 and 2030

Citigroup Boosts NVDA Price Target To $1,030 Amid GTC Hype

$AABL Payment Expansion on Solana with Sphere Labs

Decentralized finance (DeFi) aggregator ParaSwap thwarts Augustus v6 vulnerability

Join our free newsletter for daily crypto updates!