Top Analyst States Why He Reiterates $30 XRP Price Target
The potential price trajectory of XRP relative to Bitcoin (XRP/BTC) has become a topic of renewed discussion within the cryptocurrency community.
A recent post by X user Quietlycrypto (@quietlycrypto) raised a question regarding whether XRP could return to its historical highs against Bitcoin and what price levels could be expected if Bitcoin reached certain valuations.
Quietlycrypto performed a calculation based on XRP reaching 0.0002 BTC, suggesting that a $100,000 Bitcoin would place XRP at $20, while a $170,000 Bitcoin would push it to $34. He also noted that an $8 XRP price would correlate with XRP/BTC at 0.00008, assuming Bitcoin is $100,000.
He called on CrediBull Crypto (@CredibleCrypto), Dom (traderview2), and Blockchain Backer (@BCBacker) for their insights into this potential trajectory for XRP.
CrediBull Crypto’s Perspective: $20-$30 Targets
Responding to the inquiry, CrediBull Crypto reaffirmed his long-standing price expectations, stating that his targets for XRP have always been between $20 and $30 . He pointed to the historical performance of XRP/BTC as a factor supporting this outlook.
My targets have always been $20-$30- that chart there is one of the reasons why.
— CrediBULL Crypto (@CredibleCrypto) February 25, 2025
The XRP/BTC trading pair has historically exhibited cycles of strong bullish momentum followed by extended downtrends. During the 2017 bull market, XRP exceeded 0.0002 BTC on two occasions, indicating that such levels are not unprecedented. However, achieving these targets again would require significant relative strength from XRP against Bitcoin.
Dom’s Alternative Perspective and XRP’s Future
Dom, another analyst referenced in the discussion, approached the question by focusing on the BTC/XRP ratio instead of XRP/BTC. He noted that predictions are more difficult when you don’t know Bitcoin’s price. Instead of making direct projections based on XRP/BTC, he analyzed the market using a BTC/XRP valuation, suggesting a target of “1 BTC = 10,000 XRP.”
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Using this ratio, XRP’s price can be estimated based on Bitcoin’s valuation. For example, if Bitcoin reaches $100,000, this metric would imply an XRP price of $10. If Bitcoin climbs to $170,000, XRP would be valued at $17 under this framework.
This differs from Quietlycrypto’s 0.0002 BTC assumption, which yields higher XRP targets at equivalent Bitcoin prices. At press time, Blockchain Backer had not responded to the inquiry.
Another notable contributor to XRP’s growth against Bitcoin is the weakening of Bitcoin Dominance. A crypto expert showed in late 2024 that XRP’s massive surges often coincide with declines in Bitcoin dominance .
Bitcoin dominance has dropped over 1% from last week, and if this decline continues, it could pave the way for a massive XRP rally, potentially leading to a new all-time high.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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