[ccpw id="39382"]

HomeCrypto NewsMarketExpert Sees BNB at $2,000, Predicts XRP Price

Expert Sees BNB at $2,000, Predicts XRP Price

Date:

Written By:

Follow TheCryptoBasic

While BNB has recently outperformed the rest of the market, analyst EGRAG believes it still has more growth room, and XRP could follow with its own explosive surge.

For context, BNB has been one of the best-performing crypto assets on the top 100 list in the past seven days. Specifically, the Binance-affiliated token has increased 16.46% over the last week, ranking third among the top performers within this period.

Amid this upsurge, BNB has claimed new all-time highs, with the latest one being $1,350 on Oct. 7. However, while BNB has performed exceptionally well, XRP has lagged, collapsing 7.52% in the past week and relinquishing the $3 mark. As a result, BNB has since surpassed XRP in market ranking.

- Advertisement -

Despite BNB’s recent run, EGRAG believes it has more room to grow. However, the analyst also expects XRP to recover from its slumber and engineer a similar run. Notably, to prove his point, he called attention to similarities between BNB and gold’s trajectories, and then juxtaposed them to XRP’s price action.

BNB Following Gold’s Trajectory

For context, EGRAG found that BNB and gold have been moving in the same path on the 3-month and 1-month charts, with BNB lagging behind by a few years. Specifically, the analyst called attention to a drop below a horizontal trendline and a subsequent break above this trend after years of building momentum below the mark.

For gold, the drop below the trendline occurred in September 2011 on the 3-month chart, when it collapsed from the $1,921 peak following the U.S. and global stock market crash the month before. Gold spent years trading below this trendline but eventually recovered above it in November 2023 when it decisively overcame the $2,000 mark. 

Following this breakout, gold has been on an upward trajectory, recently doubling its value to hit a new peak above $4,000 this month, about two years after it broke above the trendline.

EGRAG believes BNB is following this path. For BNB, it slumped below the trendline in May 2021, after dropping from the $691 peak at the time. BNB spent the next four years trading below the trendline until it finally surpassed the $700 mark decisively in February 2025. 

BNB Mirroring Gold Price Action EGRAG Crypto
BNB Mirroring Gold Price Action | EGRAG Crypto

Since then, BNB has seen nothing but massive gains, with its latest all-time high of $1,350 representing a 93% gain since it broke above the trendline eight months ago. However, EGRAG expects BNB to continue following gold’s path, potentially hitting a new peak of $2,000.

XRP Following BNB’s Trajectory

Now, the analyst also found that XRP appears to be trailing BNB’s path. According to EGRAG’s chart, XRP also dropped below a similar horizontal trendline when it crashed from the $3.31 peak in January 2018. However, after nearly seven years of trading below the trendline, it overcame it during the November 2024 rally.

XRP Mirroring BNB Price Action EGRAG Crypto
XRP Mirroring BNB Price Action | EGRAG Crypto

While XRP has been on an upward path since then, its growth rate has been less explosive. EGRAG believes it is still following BNB’s trajectory, and as BNB surges to a new ATH above $2,000, XRP could follow suit. Specifically, he expects XRP to rally to $13, representing a 364% increase from the current price of $2.8.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

Author

Sam Wisdom Raphael
Sam Wisdom Raphael
Sam Wisdom Raphael is a seasoned crypto news writer and journalist with 5 years of experience covering blockchain, DeFi, and crypto developments. Sam's active presence in the crypto community complements his deep understanding of the crypto space, allowing him to craft comprehensible price analysis reports and tackle technical blockchain concepts.

More from Author

Latest Stories

Market Veteran Targets XRP Rally to $4.50, Says XRP Consolidation Period Is Over

Experienced market analyst CasiTrades says XRP is heating up after a bullish breakout, with the new target a rally to an all-time high of...

Cardano Falling Wedge Breakout Eyes Run to $1.2 Before Uptick to $2.91

A well-known crypto chartist has suggested that Cardano could be looking to break into a four-year peak above $2 after a falling wedge breakout. Notably,...

Cathie Wood Lowers Bitcoin 2030 Price Target to $1.2 Million

Cathie Wood, founder and CEO of ARK Invest, has revised her long-term outlook for Bitcoin, lowering her 2030 price target by $300,000. Specifically, Wood now...

Bitcoin Dominance Hits a Tipping Point as Analyst Sees Altcoin Season Ahead

With the Bitcoin dominance reaching a crucial level, market veteran Michaël van de Poppe believes a breakdown soon could lead to the altcoin season. The...

Ethereum Closes in on Bitcoin Annual Performance Following Strong Q3

Market data shows that Ethereum, the king altcoin, has dramatically closed in on Bitcoin's annual performance following Q3 gains. Ethereum has nearly matched Bitcoin's annual...

Citibank Predicts Bitcoin to Hit $231K, Ethereum $7.5K in Months

Global banking giant Citibank has released new 12-month price targets for the world’s two largest cryptocurrencies — Bitcoin and Ethereum.  In a fresh report, Citibank...

Here’s How High XRP Could Rise If It Beats Visa’s $600B Market Value

XRP could surpass Visa’s $600B market cap amid several bullish forecasts, ETF approvals, and growing institutional interest. Indeed, XRP remains one of the crypto assets...

XRP Is Not Going to $10K-$50K Per Coin, Expert Says

A popular community figure has pushed back against predictions that XRP will eventually reach an ambitious target of $10,000 to $50,000 per token.  Like many...

Shiba Inu Falls to 23-Month Low—How Worse Can It Get for SHIB

Shiba Inu has continued to show weak momentum, with the latest capitulation pushing prices to a level last seen nearly two years ago. The broader...

Shiba Inu Hits Support: Analyst Says SHIB Becomes a Rocket When This Happens

Shiba Inu touched a critical lower support trendline, which has historically sparked a strong rebound followed by explosive price action. This analysis comes from “Akbarkarimzsfeh”...

Dogecoin Is Following Its First Cycle—Here’s the Target

Dogecoin is showing similarity with its first full bull cycle, and a full mirror could send the meme coin surging to unprecedented prices. October ends...

Dogecoin Ready to Rebound—Top Analyst Predicts Bullish Targets

Prominent market analyst Ali Martinez has highlighted that Dogecoin could possibly rebound from recent lows, sharing possible targets. Martinez shared this insight in his Thursday...

Guides