Crypto: XRP On The Attack, The Gap With Ethereum Is Narrowing
Like a volcano ready to roar, XRP seems poised to explode. With its recent successes, notably the legal victory against the SEC and the introduction of the stablecoin RLUSD, Ripple has captured the attention of investors. But the real challenge lies in its potential to overturn Ethereum. With a gap of 83.4% to reach its rival’s market capitalization, XRP asserts itself as the outsider that could disrupt the crypto ecosystem.
Ripple: a crypto that shakes up altcoins
With a current Ripple price of $2.37, XRP has become the menacing shadow of Ethereum. According to data, it would only take its price reaching $4.36 to surpass Ethereum’s market capitalization, currently at $436.3 billion.
In comparison, XRP is still far behind with $136.3 billion, but its skyrocketing growth of nearly 500% in recent months changes the game.
Here are some key points:
- Ethereum dominates at $3,621.87 per token, but XRP remains competitive;
- Ripple’s victory against the SEC boosts investor confidence;
- Bitcoin, still untouchable, shows a market cap of $1.94 trillion.
As analyst Egrag Crypto summarizes:
” The momentum of the linear regression bands confirms an imminent rise, with targets ranging from $6.4 to $27.5 by 2025. ”
A statement that resonates with Ripple’s ambitions in a thriving market.
Can XRP– dethrone Ethereum?
The scenario where XRP would outperform Ethereum relies on favorable conditions. The growing interest from investors and regulatory advancements in the United States play in its favor.
A potential XRP ETF could also propel the crypto to new heights.
Egrag Crypto highlights impressive targets, such as $8.5 for a breakthrough beyond the linear regression, and up to $27 for an explosive cycle.
These projections are based on a key tool: linear regression, capable of identifying turning points and major market trends. This approach particularly identifies:
- Upper bands: Overbought areas where corrections are possible;
- Lower bands: Indications of bullish reversals;
- Historical average: Prices tend to revert to their average level when they stray too far away.
All this remains contingent on positive market dynamics and increasing adoption of Ripple technologies, particularly in cross-border payments.
Meanwhile, speculation about leadership changes at the SEC rekindles optimism. If regulators adopt a more open stance toward cryptos, XRP could be the centerpiece of this revolution.
Finally, analysts point to 5 key signals to justify the optimism: accumulation by long-term investors, buying pressure, technological advancements, and the SEC’s crucial role. Ripple has never been closer to its goal.
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La révolution blockchain et crypto est en marche ! Et le jour où les impacts se feront ressentir sur l’économie la plus vulnérable de ce Monde, contre toute espérance, je dirai que j’y étais pour quelque chose
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.