Jakarta, Pintu News – In the dynamic world of cryptocurrencies, Ripple (XRP) is often seen lagging behind compared to Bitcoin (BTC). However, renowned analyst, Virtual Bacon, highlights that the key to understanding lies in the ratio of XRP to Bitcoin (BTC).
In the 2020 cycle, XRP experienced significant suppression and did not peak as it did in 2017. The return of this ratio to the 2020 peak of 0.000403 BTC could be a turning point for XRP in this cycle.
According to Virtual Beacon’s analysis, through its YouTube video, if Bitcoin (BTC) manages to reach the $150,000 mark by the end of this year or early 2026, then Ripple (XRP) is expected to touch a price of around $4.50. This is highly dependent on XRP’s ability to restore its exchange rate ratio to Bitcoin (BTC).
The timing of this milestone is also closely related to when the ETF-driven rally began to significantly affect the market. In recent weeks, although there hasn’t been a significant price spike, altcoins have shown consistent improvement. Some of them have even managed to outperform Bitcoin (BTC), signaling the start of the altcoin season that many market participants have been waiting for.
Also read: Tom Lee’s Prediction: Ethereum (ETH) Could Reach $12,000 by the End of the Year!
Looking ahead, analysts predict that Ripple (XRP) could potentially reach $9 to $10 by the peak of this cycle. To reach that target, Bitcoin (BTC) will need to rise to close to $200,000, while the ratio of XRP to Bitcoin (BTC) should see a rise similar to previous cycle peaks.
Any price above $10 is considered an “optimistic” target, which assumes that altcoins will repeat their historical best performance. This of course requires highly favorable market conditions, including wider adoption and innovation in blockchain technology.
Read also: Stablecoin Banking Trends: Why Can It Grow 10x Bigger? Here’s What COCA’s Pavel Matveev Says
Currently, the market is welcoming the emergence of ETF products for various cryptocurrencies. Not only Ripple (XRP), but also Solana (SOL) and Dogecoin (DOGE) are expected to have their own ETFs soon, with Litecoin (LTC) also seen as a strong candidate.
The emergence of these ETF products could come as a surprise to the market, especially for currencies like Dogecoin (DOGE) and Litecoin (LTC) that don’t have a strong use case but still maintain their legacy status in the cryptocurrency world.
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This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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