A prominent figure in the crypto analysis community, known as Credible, has made headlines with his optimistic projections for Ripple‘s XRP and the leading altcoin, Ethereum (ETH). The analyst, who has amassed a large following for his insights, recently conveyed his expectations for substantial growth in the value of these cryptocurrencies.
Expectations of Remarkable XRP Performance
Utilizing his social media platform to engage with his audience, Credible has advocated that XRP is poised to surpass the performance of major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). He draws attention to a bullish reversal pattern in the trading pairs of XRP/BTC and XRP/ETH, suggesting an impending surge in XRP’s price.
His analysis indicates that XRP is on the verge of a breakthrough against Bitcoin and Ethereum, gathering momentum for an upward trajectory. He revealed that he has bolstered his XRP holdings, anticipating a phase where XRP could outshine its counterparts, as evidenced by current chart formations.
Credible predicts that XRP could potentially see a 250% increase in value compared to Bitcoin, aiming for a target of about 0.0000356 BTC, equivalent to $2.55. This is a considerable ascent from its trading value at the time of the report, which was 0.00000958 BTC or $0.68.
Enthusiasm for Ethereum’s Prospects
In addition to his bullish stance on XRP, Credible also shared his positive outlook on Ethereum’s future performance. He anticipates that Ethereum’s price momentum will persist prior to any major correction, projecting that it could reach values of $10,000 to $20,000 in the ongoing market cycle.
Ethereum’s current trade price, as per the report, stands at $3,983. The projection from Credible suggests a potential increase of over 200% for Ethereum in the forthcoming periods.