Crypto analyst CryptoInsightUk has again considering his projections on the future trajectory of the XRP price. This time, the analyst predicts that the crypto token could experience unprecedented gains against the flagship cryptocurrency, Bitcoin. However, there is a caveat to achieving this.
How XRP Could Gain 1500% Against Bitcoin
In a after shared on its X (formerly Twitter) platform, CryptoInsightUk said XRP could see an increase of up to 1500% against Bitcoin. This, he stated, will happen if the crypto token could break and hover above the top gray box in the accompanying chart he shared. But even if that doesn’t happen, he’s still expecting XRP to make significant gains against Bitcoin.
Source: X
He had previously laid out another scenario in which XRP makes an 88% move against Bitcoin. The crypto analyst seemed more confident about this event, as he said it seems like it is only a “matter of time.” before this movement takes place. However, many will hope that the 1500% movement will materialize at some point.
CrytoInsightUK happens to be among those who are very optimistic about the future trajectory of XRP. The crypto analyst did previously suggested that XRP could recapture 2017’s 61,000% gain. He highlighted how the token was in a better place and had a lot of potential. He also alluded to the fact that the token is in a “unique position” given that it has gained legal clarity.
Token price shows strength | Source: XRPUSD On Tradingview.com
Stronger than Bitcoin
Crypto analyst Egrag Crypto recently claimed that XRP is stronger than BTC. He made this statement in reference to the fact that XRP is now trading at a higher price level, with Bitcoin currently trading around $42,000, than when the flagship cryptocurrency was trading at the same level two years ago. It is said that XRP was trading at 0.00000637 BTC at the time.
According to Egrag, XRP’s gains against Bitcoin underline the strength of the former. It also reinforces the “dominance of XRP” in the market cycle. Meanwhile, the crypto analyst again called for patience from the XRP Community as he says XRP is in the range of $1.3 to $1.5.
The bullish price predictions keep pouring in as the bull market approaches. So does Patrick Riley, the founder of Reaper Financial recently declared that XRP will reach $22 at the peak of the next bull run. Interestingly enough, he even claimed that the crypto token will surpass Bitcoin at some point.
At the time of writing, XRP is trading around $0.61, up almost 1% in the past 24 hours. facts from CoinMarketCap.
Featured image from Quora, chart from Tradingview.com
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