Altcoins
Prominent YouTuber Predicts 730% XRP Surge to $5, Citing Bitcoin at $120,000
Prominent YouTuber Altcoin Daily has revealed his bullish target for XRP this season, predicting a surge of over 700% for the altcoin.
In a recent jobThe Altcoin Daily host updated his over 1.6 million followers on X on his outlook for various crypto assets, including XRP. The post highlighted the crypto expert’s bullish aspiration for various altcoins, especially when Bitcoin establishes itself a historic high of $120,000.
At press time, the king of the cryptocurrency market is trading at around $64,244, just 12.69% away from its ATH of $73,750. Altcoin Daily expects to see BTC at $120,000 by next year, which it says is its high point for the flagship cryptocurrency. This target would mark an 86.78% growth from Bitcoin’s current price.
Meanwhile, the crypto commentator expects top altcoins like XRP, Ethereum (ETH), and Solana (SOL) to see a more commendable price surge following Bitcoin’s entry into $120,000.
Altcoin Daily Targets 730% Rise for XRP
His bullish target for XRP is the price of $5 by 2025. This would substantially mark a new history for the asset, considering its previous ATH of $3.84. At the time of the report’s publication, XRP was trading at $0.6026, up 3% this week. Reaching $5 translates to an increase of over 729%.
In particular, this Target of $5 by 2025 is in line with the aspirations of conservative analysts in the XRP community. While this level of market watchers believes this is a more realistic projection for XRP in this cycle, the more ambitious have proposed more than $300.
Target: 177% rise for Ethereum
Altcoin Daily analyst targets $8,800 for Ethereum. ETH has dropped significantly in the last 24 hours, trading at $3,174, representing an 8% price drop.
At this price floor, Ethereum is down 35.18% from its all-time high of $4,891. The altcoin market leader needs to rally 177% to reach a high of $8,800 by next year.
In May, Geoff Kendrick, a researcher at Standard Chartered, claimed that Ethereum would be on the way to $8,000 after the US regulator approved ETFs that would invest directly in the asset.
It is remarkable that the approval happened this week and that Ethereum spot ETFs saw impressive early volume of more than a billion dollarsIt remains to be seen how the price of Ethereum could double in the coming weeks.
Outlook for other Altcoins
Other notable crypto assets for which Altcoin Daily has revealed its 2025 bullish target include Solana ($720), Chainlink ($120), BNB ($1,800), and Cardan ($9).
The analyst notably stressed that the preliminary figures should not be taken too seriously. He urged cryptocurrency enthusiasts not to make investment decisions based on his optimistic outlook.
Disclaimer: This content is informational and should not be considered financial advice. The opinions expressed in this article may include the personal opinions of the author and do not reflect the opinion of The Crypto Basic. Readers are encouraged to conduct thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
-Advertisement-