{"id":674068,"date":"2025-01-11T20:00:33","date_gmt":"2025-01-11T20:00:33","guid":{"rendered":"https:\/\/wncen.com\/?p=674068"},"modified":"2025-01-11T06:21:14","modified_gmt":"2025-01-11T06:21:14","slug":"xrp-btc-chart-unveils-multiple-bullish-scenarios-for-altcoin-analyst","status":"publish","type":"post","link":"https:\/\/wncen.com\/analysis\/xrp\/xrp-btc-chart-unveils-multiple-bullish-scenarios-for-altcoin-analyst\/","title":{"rendered":"XRP\/BTC Chart Unveils Multiple Bullish Scenarios For Altcoin – Analyst"},"content":{"rendered":"

The price of XRP rose by 3.47% in the last day, yet the altcoin failed to recover from its\u00a0 bearish performance in the past week. <\/span>In line with the general crypto market, XRP appears to be stuck in a range-bound market as more speculations arise on the viability of the current crypto bull run.<\/span><\/p>\n

However, XRP market analysts also remain bullish with recent predictions continuing to back a two-digit price target<\/a> for the asset.
\n<\/span><\/p>\n

Related Reading: 300 Million XRP On The Move: Ripple Labs Sparks Speculation<\/a><\/div>\n

How XRP Can Swing Based On XRP\/BTC Chart – Analyst<\/strong><\/h2>\n

In an X post on January 10<\/a>, popular XRP analyst Egrag Crypto highlighted several potential bullish scenarios for altcoin based on its performance in relation to Bitcoin.<\/span><\/p>\n

Earlier in May 2024<\/a>, Egrag Crypto had stated that XRP and Bitcoin are mixing like the Atlantic and Pacific Oceans with distinct charts and trends yet still interacting significantly with the other.<\/span><\/p>\n

Based on these interactions as seen in the XRP\/BTC chart, price projections for the altcoin are highly bullish.\u00a0 <\/span>However, introducing a baseline conversion price of Bitcoin at $120,000, there are three possible uptrend scenarios for XRP based on previous price performance.<\/span><\/p>\n

In a moderate scenario A based on historical data from 2017, Egrag Crypto states XRP could gain by 1,264% pushing the XRP\/BTC ratio approximately 0.000107. This circumstance translates into a potential XRP price of $12.<\/span><\/p>\n

According to historical data from 2017, Egrag highlights a strongly bullish scenario B where XRP’s price could rise by 3,600% resulting in a XRP\/BTC ratio around 0.000247 and a market price of $29.<\/span><\/p>\n

The final scenario C which is more conservative and based on XRP’s performance in 2021 shows a \u201cmere\u201d 500% gain that produces a ratio of 0.000041, resulting in a potential XRP price of $5.<\/p>\n

\"XRP\/BTC\"
Source: Egrag Crypto<\/span> on X<\/figcaption><\/figure>\n
Related Reading: What To Expect After The Bitcoin Price Crash Below $100,000<\/a><\/div>\n

Crypto Expert’s Prediction Points To $27 Target<\/strong><\/h2>\n

Based on a mix of all these scenarios, Egrag drops a personal forecast in which the XRP\/BTC ratio is expected to first rise to between 0.00007 and 0.00010,\u00a0 indicating a potential price of $8.5 – $12 for the altcoin. <\/span>Thereafter, the crypto analyst expects a correction before the ratio races to around 0.00014 at which XRP may trade between $17 – $27.<\/span><\/p>\n

At press time, XRP trades at $2.34 following a 2.78% gain as earlier stated. However, daily trading volume is down by 15.20% and currently valued at $5.35 billion. <\/span>Meanwhile, the coin\u2019s performance on larger timeframes indicates turbulence in recent weeks as evidenced by losses of 4.65% and 3.69% in the past seven and thirty days respectively. <\/span>Albeit, with a market cap of $134.74 billion, XRP ranks as the fourth largest crypto asset.<\/span><\/p>\n

\"XRP\/BTC\"
XRP trading at $2.3308 on the daily chart | Source: XRPUSDT chart on Tradingview.com<\/a><\/figcaption><\/figure>\n
Featured image from Blockzeit, chart from Tradingview<\/em><\/div>\n","protected":false},"excerpt":{"rendered":"

The price of XRP rose by 3.47% in the last day, yet the altcoin failed to recover from its\u00a0 bearish performance in the past week. In line with the general crypto market, XRP appears to be stuck in a range-bound market as more speculations arise on the viability of the current crypto bull run. However, XRP market analysts also remain bullish with recent predictions continuing to back a two-digit price target for the asset. Related Reading: 300 Million XRP On The Move: Ripple Labs Sparks Speculation How XRP Can Swing Based On XRP\/BTC Chart – Analyst In an X post on January 10, popular XRP analyst Egrag Crypto highlighted several potential bullish scenarios for altcoin based on its performance in relation to Bitcoin. Earlier in May 2024, Egrag Crypto had stated that XRP and Bitcoin are mixing like the Atlantic and Pacific Oceans with distinct charts and trends yet still interacting significantly with the other. Based on these interactions as seen in the XRP\/BTC chart, price projections for the altcoin are highly bullish.\u00a0 However, introducing a baseline conversion price of Bitcoin at $120,000, there are three possible uptrend scenarios for XRP based on previous price performance. In a moderate scenario A based on historical data from 2017, Egrag Crypto states XRP could gain by 1,264% pushing the XRP\/BTC ratio approximately 0.000107. This circumstance translates into a potential XRP price of $12. According to historical data from 2017, Egrag highlights a strongly bullish scenario B where XRP’s price could rise by 3,600% resulting in a XRP\/BTC ratio around 0.000247 and a market price of $29. The final scenario C which is more conservative and based on XRP’s performance in 2021 shows a \u201cmere\u201d 500% gain that produces a ratio of 0.000041, resulting in a potential XRP price of $5. Related Reading: What To Expect After The Bitcoin Price Crash Below $100,000 Crypto Expert’s Prediction Points To $27 Target Based on a mix of all these scenarios, Egrag drops a personal forecast in which the XRP\/BTC ratio is expected to first rise to between 0.00007 and 0.00010,\u00a0 indicating a potential price of $8.5 – $12 for the altcoin. Thereafter, the crypto analyst expects a correction before the ratio races to around 0.00014 at which XRP may trade between $17 – $27. At press time, XRP trades at $2.34 following a 2.78% gain as earlier stated. However, daily trading volume is down by 15.20% and currently valued at $5.35 billion. Meanwhile, the coin\u2019s performance on larger timeframes indicates turbulence in recent weeks as evidenced by losses of 4.65% and 3.69% in the past seven and thirty days respectively. Albeit, with a market cap of $134.74 billion, XRP ranks as the fourth largest crypto asset. Featured image from Blockzeit, chart from Tradingview<\/p>\n","protected":false},"author":581,"featured_media":674070,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83363],"tags":[89746,4531,4532,16289,10972,78763],"class_list":["post-674068","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-xrp","tag-egrag-crypto","tag-xrp","tag-xrp-btc","tag-xrp-price-prediction","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\nXRP\/BTC Chart Unveils Multiple Bullish Scenarios For Altcoin - Analyst<\/title>\n<meta name=\"description\" content=\"Based on the interactions as seen in the XRP\/BTC chart, price projections for the altcoin are highly bullish.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/analysis\/xrp\/xrp-btc-chart-unveils-multiple-bullish-scenarios-for-altcoin-analyst\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"XRP\/BTC Chart Unveils Multiple Bullish Scenarios For Altcoin - 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While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active crypto writing, Semilore has covered multiple aspects of the digital asset space including blockchains, decentralized finance (DeFi), staking, non-fungible tokens (NFT), regulations and network upgrades among others. In his early years, Semilore honed his skills as a content writer, curating educational articles that catered to a wide audience. His pieces were particularly valuable for individuals new to the crypto space, offering insightful explanations that demystified the world of digital currencies. Semilore also curated pieces for veteran crypto users ensuring they were up to date with the latest blockchains, decentralized applications and network updates. This foundation in educational writing has continued to inform his work, ensuring that his current work remains accessible, accurate and informative. Currently at NewsBTC, Semilore is dedicated to reporting the latest news on cryptocurrency price action, on-chain developments and whale activity. He also covers the latest token analysis and price predictions by top market experts thus providing readers with potentially insightful and actionable information. Through his meticulous research and engaging writing style, Semilore strives to establish himself as a trusted source in the crypto journalism field to inform and educate his audience on the latest trends and developments in the rapidly evolving world of digital assets. Outside his work, Semilore possesses other passions like all individuals. He is a big music fan with an interest in almost every genre. He can be described as a \u201cmusic nomad\u201d always ready to listen to new artists and explore new trends. Semilore Faleti is also a strong advocate for social justice, preaching fairness, inclusivity, and equity. He actively promotes the engagement of issues centred around systemic inequalities and all forms of discrimination. He also promotes political participation by all persons at all levels. He believes active contribution to governmental systems and policies is the fastest and most effective way to bring about permanent positive change in any society. In conclusion, Semilore Faleti exemplifies the convergence of expertise, passion, and advocacy in the world of crypto journalism. He is a rare individual whose work in documenting the evolution of cryptocurrency will remain relevant for years to come. His dedication to demystifying digital assets and advocating for their adoption, combined with his commitment to social justice and political engagement, positions him as a dynamic and influential voice in the industry. Whether through his meticulous reporting at NewsBTC or his fervent promotion of fairness and equity, Semilore continues to inform, educate, and inspire his audience, striving for a more transparent and inclusive financial future.","sameAs":["https:\/\/www.linkedin.com\/in\/semilore-faleti-7a9046218","https:\/\/x.com\/https:\/\/twitter.com\/SemiloreFaleti"],"url":"https:\/\/wncen.com\/author\/semilorefaleti\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"XRP\/BTC Chart Unveils Multiple Bullish Scenarios For Altcoin – Analyst","url":"http:\/\/wncen.com\/analysis\/xrp\/xrp-btc-chart-unveils-multiple-bullish-scenarios-for-altcoin-analyst\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/analysis\/xrp\/xrp-btc-chart-unveils-multiple-bullish-scenarios-for-altcoin-analyst\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2025\/01\/XRP_91529d.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2025\/01\/XRP_91529d.jpg?fit=979%2C795"},"articleSection":"XRP","author":[{"@type":"Person","name":"Semilore Faleti"}],"creator":["Semilore Faleti"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["egrag crypto","xrp","xrp btc","xrp price prediction","xrpusd","xrpusdt"],"dateCreated":"2025-01-11T20:00:33Z","datePublished":"2025-01-11T20:00:33Z","dateModified":"2025-01-11T20:00:33Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"XRP\\\/BTC Chart Unveils Multiple Bullish Scenarios For Altcoin – Analyst\",\"url\":\"http:\\\/\\\/wncen.com\\\/analysis\\\/xrp\\\/xrp-btc-chart-unveils-multiple-bullish-scenarios-for-altcoin-analyst\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/analysis\\\/xrp\\\/xrp-btc-chart-unveils-multiple-bullish-scenarios-for-altcoin-analyst\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2025\\\/01\\\/XRP_91529d.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2025\\\/01\\\/XRP_91529d.jpg?fit=979%2C795\"},\"articleSection\":\"XRP\",\"author\":[{\"@type\":\"Person\",\"name\":\"Semilore Faleti\"}],\"creator\":[\"Semilore Faleti\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"egrag crypto\",\"xrp\",\"xrp btc\",\"xrp price prediction\",\"xrpusd\",\"xrpusdt\"],\"dateCreated\":\"2025-01-11T20:00:33Z\",\"datePublished\":\"2025-01-11T20:00:33Z\",\"dateModified\":\"2025-01-11T20:00:33Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2025\/01\/XRP_91529d.jpg?fit=979%2C795","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/674068","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/581"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=674068"}],"version-history":[{"count":6,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/674068\/revisions"}],"predecessor-version":[{"id":674087,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/674068\/revisions\/674087"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/674070"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=674068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=674068"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=674068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}