Crypto Analyst CrediBULL Crypto developed a bullish story about Ethereum (ETH) and XRP. He claimed that both tokens could rise to $20,000 and $20, respectively.Furthermore, he stipulated when this would occur parabolic price spike It's likely to happen.
Ethereum could reach market highs near $20,000
CrediBULL Crypto mentioned on X (formerly Twitter) post Ethereum could reach a market high of nearly $20,000. He further added that ETH could achieve this price level based on his belief that Bitcoin could “realistically” double this market cycle from its previous high of $69,000 during the 2021 bull market. explained. like that, Altcoins like ETH Perform “multiples of that”.
Specifically, he expects ETH to grow 3x to 4x. Highest price ever (ATH) at $4,800, making it the second largest crypto token by market capitalization in the $15,000 to $20,000 price range. Meanwhile, CrediBULL claimed that Ethereum: Definitely going up to $10,000 at least.
Another X user according to CrediBULL predictions asked a question He said it was “insane” how possible it was for ETH to rise to a market cap of $2 trillion. However, cryptocurrency analysts answered For ETH to rise to such a level would be a “blow off the top”, so the market cap would look “exorbitant”. He jokingly added that there would be a problem if the market capitalization didn't seem outrageous.
XRP is another altcoin with the potential for exponential growth
in another place ×post, CrediBULL also made a claim about XRP, stating that if ETH reaches $10,000, XRP could also rise by $10 to $12.He suggested that XRP should not be underestimated despite its value Current performance deficitwe noted that at some point last cycle, XRP actually reversed ETH in terms of market cap.
Therefore, the cryptocurrency analyst added, anyone who thinks it is “realistic” for ETH to reach $10,000 should also believe that XRP can rise to $10.after that ×postCrediBULL claimed that XRP could even rise to $20 based on ETH reaching $10,000 with current circulating supply.
Again, he points out that with XRP being a top 10 coin, it means that the ability to achieve such price levels is very high and there is clearly market demand for it. Did. CrediBULL's sentiments echo those of Web3Alert founder Nick. previously predicted XRP could rise to $10 as Bitcoin and Ethereum were predicted to rise to $10 $150,000 and $10,000Each.
At the time of writing, ETH and XRP are trading at around $3,290 and $0.58, according to data from CoinMarketCap.
XRP price at $0.57 | Source: XRPUSDT on Tradingview.com
Featured image from Bitcoin Sistemi, chart from Tradingview.com