XRP is gaining momentum, could reach $18, will it dethrone Ethereum?

XRP is currently on a strong upward trend, with price predictions suggesting it could reach highs of $18, thanks to Elliott wave analysis indicating a potential parabolic price increase cycle. According to analyst Dark Defender, if XRP maintains above the $1.8815 threshold for a period of time, the coin could potentially hit $5 and beyond. XRP has surpassed BNB in market capitalization, becoming the fifth largest cryptocurrency and is targeting the fourth position with Solana, while also potentially challenging Ethereum in the future.

Many analysts believe that if XRP continues this upward momentum and experiences a revolution like the 2017 boom, the price could reach around $20 - $27 if it surpasses the $2 mark. However, this depends on current growth indicators and market sentiment. While the potential for XRP to dethrone Ethereum exists, it will require more time and momentum to ensure sustainable and stable growth.