Market commentator Marusha Mattomattik, who runs an educational Discord channel, has suggested a bold price for which XRP could trade when Bitcoin attains $400K.
XRP has dipped by 4% today, losing most of the gains it accrued during last week’s run. This decline follows Bitcoin’s drop to the $60,000 level in the last 24 hours.
While XRP is currently valued just above $0.60, Mattomattik boldly claimed that its price could soar to $89 in the near future. She believes this target is particularly achievable if Bitcoin reaches a range of $200,000 to $400,000.
Numerous market commentators have speculated that this price range is Bitcoin’s potential destination for the ongoing bull season.
XRP to $89 if Bitcoin Reaches $200K to $400K
In her post on X, Mattomattik argued that large crypto traders, or “whales,” are aware of this potential price movement for XRP but are keeping it under wraps, not wanting to share this information with retail investors.
“CT whales don’t want you to know this secret,” she said.
At the floor price of $0.6014, XRP’s value must expand by approximately 14,700% to clock the ambitious $89 price target.
Meanwhile, with Bitcoin’s value at $61,687 at press time, the leading cryptocurrency would need to grow by a mere 224% to reach the lower boundary of Mattomattik’s projection. Conversely, the $400,000 level requires a more substantial 548.4% increase.
Essentially, while Bitcoin could see a maximum fivefold surge from its current value to $400,000, Mattomattik anticipates a much more aggressive uptrend for XRP, proposing a 147-fold price increase.
Other Analysis Share This Belief
Meanwhile, this is not the first bold XRP prediction tied to Bitcoin’s future. As reported earlier, a widely followed market analyst has similarly argued that XRP could trade at $20 in this bull season if Bitcoin crosses the $500,000 mark.
This forecast presents a more conservative outlook for XRP compared to the more aggressive projections.
On another note, XRP community analyst Levi Rietveld boldly asserted that XRP could exceed $100 in value if Bitcoin reaches $13 million. This ambitious outlook for Bitcoin was proposed by MicroStrategy chairman Michael Saylor. He expects Bitcoin’s $13 million high to materialize in about two decades.
Meanwhile, XRP analysts anticipate that XRP could surge beyond $100 by next year. However, this target remains highly speculative and unlikely.
Disclaimer: 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’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
