XRP price could claim a new all-time high if it trails the direction of the broader market, should Bitcoin, Ethereum, and Solana reach the targets predicted by VanEck.
XRP Price if BTC, ETH, and SOL Hit $325K, $22K, and $3K
According to VanEck, Bitcoin has the potential to clinch a $325,000 price. This marks a 310% increase from its current value of $107,517 at the reporting time.
Meanwhile, for Ethereum, VanEck emphasized that VanEck sees the altcoin claiming a $20,000 price. This target represents a 788% rise from Ethereum’s current value of $2,477.
However, the asset management firm sees Solana spiking to a target of $3,000.
With XRP moving in tandem with the rest of the market, several analysts believe XRP is capable of riding the impending run in the ongoing bull market. This is likely to occur during the altcoin season, which would create a more bullish environment for altcoins to thrive.
Analysts have indicated that XRP typically rises after Bitcoin dominance retraces. Notably, the average increase from VanEck’s predictions is 966%. If XRP rises by this rate, it would spike from the current price of $2.19 to claim a new all-time high of $23.35.
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