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<p>The post <a href="https://coinpedia.org/price-analysis/bitcoin-ethereum-and-xrp-price-prediction-for-2024-heres-what-to-expect/">Bitcoin, Ethereum, XRP Price Prediction For 2024: Here’s What to Expect</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>Forecasts hold significant sway in the crypto world, especially when they come from a respected analyst like Credible. Recently, Credible shared his ambitious predictions for <a href="https://coinpedia.org/price-prediction/market-price-prediction-ethereum-2019/">Ethereum (ETH)</a>, <a href="https://coinpedia.org/price-prediction/bitcoin-price-prediction/">Bitcoin (BTC)</a>, and <a href="https://coinpedia.org/price-prediction/xrp-ripple-price-prediction/">XRP</a>, sparking renewed optimism among investors.</p> 
<p>Here’s a breakdown of what he had to say. </p> 
<h2 class="wp-block-heading" id="h-a-bright-future-for-ethereum"><strong>A Bright Future for Ethereum</strong></h2> 
<p>Ethereum enthusiasts have reason to cheer as Credible paints an encouraging picture of the altcoin’s trajectory. According to his analysis, Ethereum is set for a remarkable surge, potentially surpassing $10,000 and even reaching $20,000 during the ongoing bull market. This optimism is rooted in Credible’s expectations for Bitcoin’s performance, suggesting BTC could double from its previous all-time high of $69,000.</p> 
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   <p lang="en" dir="ltr">$10,000+ minimum. I think theres a chance we can come up on a peak/blow off top near 20k. <br><br>It's pretty simple- I think <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> can realistically 2x from our last high at 69k- which means most alts will do multiples of that. <br><br>For <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a>, a 3-4x of prior ATH puts us at 15-20k. <a href="https://t.co/LfH6WyNtFY">https://t.co/LfH6WyNtFY</a></p>— CrediBULL Crypto (@CredibleCrypto) <a href="https://twitter.com/CredibleCrypto/status/1774522575382557155?ref_src=twsrc%5Etfw">March 31, 2024</a>
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<p>Read More: <a href="https://coinpedia.org/news/big-move-ahead-reports-hint-at-potential-2-billion-bitcoin-sell-off-by-us-authorities/">Big Move Ahead? Reports Hint at $2 Billion Bitcoin Sell-Off by US Government</a></p> 
<p>Encouraged by this bullish sentiment, Credible foresees significant growth for most altcoins, including Ethereum. A projected 3-4x increase from its previous peak could propel Ethereum into the $15,000-$20,000 range. Despite a recent dip in Ethereum’s price to $3,484, reflecting a modest decline of over 3% in the last 24 hours, Credible remains steadfast in his long-term outlook for the cryptocurrency.</p> 
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   <p lang="en" dir="ltr">I made a mistake here. I was looking at fully diluted valuation for XRP. <br><br>Reality is at current circulating supply a 10k ETH is equivalent to a $20+ <a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$XRP</a>. <br><br>So if you think $10 is impossible for XRP but 10k ETH is realistic for ETH you need to check your bias real quick. <br><br>Both… <a href="https://t.co/IPsElR7xBx">https://t.co/IPsElR7xBx</a></p>— CrediBULL Crypto (@CredibleCrypto) <a href="https://twitter.com/CredibleCrypto/status/1774506108406939705?ref_src=twsrc%5Etfw">March 31, 2024</a>
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<h2 class="wp-block-heading" id="h-a-surge-incoming"><strong>A Surge Incoming?</strong></h2> 
<p>Shifting focus to XRP, Credible anticipates a potential breakthrough, suggesting XRP could surpass the $10 mark. He points to XRP’s past achievement of surpassing Ethereum’s market cap in a previous market cycle, indicating the possibility of significant gains for the altcoin. </p> 
<p>With XRP currently trading at $0.614, Credible’s forecast underscores the resilience of XRP, despite occasional setbacks, and hints at imminent new highs.</p> 
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> probs going to continue ranging for a few more days at least. Bids now capping price on the downside (or attempting to) the same way asks were capping upside earlier. OI is building up though so we should get some nice volatility once we break out of this range. <a href="https://t.co/zIF3DjlfES">pic.twitter.com/zIF3DjlfES</a></p>— CrediBULL Crypto (@CredibleCrypto) <a href="https://twitter.com/CredibleCrypto/status/1773800305634746814?ref_src=twsrc%5Etfw">March 29, 2024</a>
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<h2 class="wp-block-heading" id="h-bitcoin-is-building-momentum"><strong>Bitcoin is Building Momentum</strong>!</h2> 
<p>All eyes are on Bitcoin’s next move, especially with the looming <a href="https://coinpedia.org/beginners-guide/what-is-bitcoin-halving/">halving event</a>. While initial projections speculated a surge beyond $80,000 before the halving and even higher figures afterward, Bitcoin’s price trajectory has been less predictable. However, Credible remains optimistic about the cryptocurrency’s long-term prospects, despite potential short-term fluctuations.</p> 
<p>In the near term, Credible suggests Bitcoin may continue to trade sideways for a brief period. He notes a consolidation of bids, indicating potential support levels, coupled with a buildup of open interest, hinting at imminent volatility once the market breaks out of its current range. </p> 
<p>With Bitcoin currently trading at $68,508, investors eagerly await clarity on the market’s direction.</p> 
<p>This Might Interest You: <a href="https://coinpedia.org/news/crypto-expert-list-out-top-10-altcoin-with-biggest-return-in-2024/">Top 10 Altcoins for Biggest Returns in 2024</a></p> 
<h2 class="wp-block-heading" id="h-market-pullback-soon"><strong>Market Pullback</strong> Soon?</h2> 
<p>Exploring the recent market pullback, Kristian Haralampiev, Nexo’s Structured Products Lead, attributes the downturn to profit-taking by investors capitalizing on peak market conditions. Haralampiev highlights increased cryptocurrency volumes flowing into exchanges, particularly from short-term traders enjoying profits, as per data from Glassnode. </p> 
<p>Despite the unexpected pullback amidst expectations of Bitcoin scaling new heights, both Credible and Haralampiev view it as an opportune moment for latecomers to enter the market ahead of the next Bitcoin halving event.</p>

Bitcoin, Ethereum, XRP Price Prediction For 2024: Here’s What to Expect

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