Analyst predicts $1.5 Trillion Market Cap for XRP above BTC and ETH

One crypto analyst on X posted an investing thesis on Wednesday that may boost XRP's market valuation to $1.56 trillion if its dominance grows in the next months.

He initially noted that XRP's dominance has increased from 1% to over 5% in the previous four years, mostly because to Ripple's SEC triumph.

He predicted that XRP's dominance may reach 11.44% if it broke over the 0.5 Fibonacci threshold, a positive indication.

If Egrar Crypto's prediction comes true, XRP's market value might rise to $375 million quickly given cryptocurrencies' $3.28 trillion valuation.

This would provide XRP investors 3X returns depending on its market valuation. Egrar forecasts that alt-coin season would boost the overall market value of cryptos to $5.42 trillion, thus achieving the 11.44% dominance threshold would represent $620 billion in market cap or 5X returns for XRP investors.

XRP Could Reach $4 Before Year End

Technically, XRP might hit $4 if the market recovers from the last drop and late investors join the rise.

Analysts see the crypto market's post-election uptick as the first wave of a prolonged climb for digital assets due to multiple tailwinds, including Donald Trump's victory in the November U.S. presidential election and the Federal Reserve's commitment to keep lowering rates.

XRP has risen 253% after a judge sided with the business in its long-running legal dispute with the SEC, making it the most popular of the top 10 cryptocurrencies.

Launching the stablecoin RLUSD helps the project grow.

During the last dip, XRP found support around $1.95 per coin. Forward, this is the most important place to observe. This might be a launchpad for alt-season if it holds.

XRP's market worth might double if it hits $4 soon.

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