XRP News: Top Analyst Predicts Rally To $2.2
In XRP news, a series of positive developments has fueled market optimism, with many expecting a potential rally ahead. Amid this, a top crypto market analyst, EGRAG CRYPTO, forecasts an XRP rally to $2.2 if Bitcoin breaks the $100,000 barrier. This has sparked discussions, especially as optimism soars over BTC’s potential rally to $100K ahead. This also comes as speculations soar over the crypto’s potential rally to $1.
In a recent X update, the expert revealed that XRP’s 42% drop against BTC is setting the stage for a “massive rotation.” According to EGRAG CRYPTO, as BTC/USD approaches a new all-time high, its dominance will decline, triggering a liquidity rotation. This rotation will propel Ripple’s native crypto to 0.000022, translating to a price of $2.2 if BTC reaches $100,000.
Besides, the analyst also believes that the asset is poised to outperform its peers, becoming the top asset among the top 100 cryptocurrencies. With Bitcoin’s next major milestone in sight, investors are closely watching Ripple’s native crypto movement.
Additionally, he also predicts BTC surge to between $150K and $180K in the coming days, further echoing the positive sentiment hovering in the market. Notably, this also comes as Bitcoin hit a new ATH after Donald Trump defeated Kamala Harris in the US Presidential race this week.
In addition, expectations also rise over a potential XRP ETF approval in the US ahead. Some also predict BlackRock to file for the investment instrument in the coming days. Besides, rumors have swirled that Ripple might consider a dirham-backed stablecoin launch in the UAE, given recent updates from the firm.
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