Market watchers believe an all-time high (ATH) for XRP might just be around the corner—much sooner than most people envision.
XRP has continued to solidify its position in the $1 range, with a 28% surge today, pushing its price to $1.43. This latest price movement has boosted XRP’s two-week performance to a massive 170% gain.
With XRP showing strong determination to break its 2021 cycle high, market analysts believe the journey to a new ATH has already begun. Among those voicing this optimistic view is “CrediBULL,” who boasts a following of 436K on X. According to CrediBULL, XRP is likely to reach a new ATH much faster than most expect.
XRP to Outperform Bitcoin and Ethereum
Furthermore, he expressed the bold opinion that XRP will significantly outperform both Bitcoin and Ethereum, the two market leaders, from its current price levels.
On short-term timeframes, XRP is outperforming both Bitcoin and Ethereum in terms of price appreciation. For instance, Bitcoin is up by 55% over the past 90 days, while Ethereum has gained 21%. In contrast, XRP has surged by an impressive 94% over the same period.
However, Bitcoin is trading near an all-time high of around $99K, and Ethereum is down just 32% from its peak. XRP, on the other hand, is still trading 63% below its six-year-old all-time high. Despite this, analysts believe that XRP’s days below its peak are numbered.
In his analysis, CrediBULL pointed out that the XRP/ETH pair has just reclaimed and retested a four-year-long range, with the first target potentially being about 250% higher.
Currently, the XRP/ETH pair stands at 0.0004390, up by +18.14%. CrediBULL projects a further increase of 246%, bringing it to 0.0008357 ETH by the end of 2025. He envisions an even more promising outlook as the years progress.
Bullish Signal on XRP/USD
Meanwhile, looking at the XRP/USD pair, CrediBULL pointed out that XRP’s monthly RSI is about entering the overbought region for the first time since 2021.
“This is extremely bullish,” he said. He explained that contrary to popular belief, a higher RSI typically signals stronger momentum and a more bullish outlook for the asset—provided there are no bearish divergences.
As a result, he concluded that the next target for XRP is $2, and after that, it’s aiming for a new all-time high.
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.
