Bitcoin takes the $71,000 price and looks towards its previous ATH target.
If BTC were to hit $100,000, XRP could see a 555% pump.
If Bitcoin price goes higher, XRP price will follow suit accordingly.
The crypto market is exerting what could become a highly bullish phase. With Bitcoin (BTC) having broken past the $71,000 price range and with the sentiment in the market getting stronger for a bullish Q4, the Crypto Fear & Greed Index is at a score of 72 with a Greedy sentiment further fueling high expectations for Q4.
Bitcoin Frenzy to Reflect in Altseason
As Bitcoin gain steady momentum towards the upside, sentiment for a bullish altseason grows stronger as well. Presently, multiple altcoins have already begun to pump while other altcoins are printing bullish patterns on their price charts from cup and handle to golden crosses. Ripple’s XRP is one such bullish altcoin.
XRP missed the last bull run due to its conflict with the SEC. Now, XRP stands triumphant in its battle against the SEC and analysts await to see this success reflect on the XRP price. In fact, many analysts await what could be an exponential rise to the altcoin price which could shoot the price of XRP to the like of $40 or more.
Analyst Predicts XRP Price Pump
According to one popular crypto and XRP analyst, Egrag Crypto, XRP alone has printed many bullish signals across many bullish patterns on the XRP price chart. Let’s take a closer look at some of his latest XRP predictions. As we can see from the chart below, he explores the outcome of a worst-cast scenario for XRP price.
https://twitter.com/egragcrypto/status/1850839550635004225
To begin, he says that if Bitcoin (BTC) hits $100,000 then a solid 555% pump for XRP could be in play. If not, he expects another signal to play through called the customized Black Swan event which could impact XRP specifically. Likewise, he says the higher BTC goes, the more XRP will pump accordingly.
The post 555% Price Pump Awaits Ripple’s XRP Should Bitcoin Hit $100,000, The Higher BTC Goes, The Greater XRP’s Pump appeared first on Crypto News Land.
