Market Update

The expert predicts the price of XRP if Bitcoin rises to 145 thousand dollars within two months

Tony Edwards, the Thinking Crypto PodCast, shows a scenario where a bull race can drive Bitcoin, Ethereum and XRP to the new ATHS.

The last performance of the main encryption assets such as Bitcoin, Ethereum and XRP have left many investors with disappointment, although XRP shows more flexibility than the rest of the market.

BTC, ETH and XRP fall from the last altitudes

These assets have lost most of the accumulated gains after the re -election of Donald Trump in November. For example, Bitcoin, which rose to the highest level ever, decreased at $ 109,114 on the opening day, January 20, by 24.12 % to 82,787 dollars.

ETHEREUM was traded at a price of $ 1897 in the hours before the press, despite its height above $ 4000 in December.

XRP, which became the third largest encryption in the market after its impressive performance after the elections, has decreased to fourth. XRP rose to $ 3.38 on January 16, but has since decreased by 32.54 % to $ 2.28.

This recession has spread through the broader encryption market, as the higher assets also witnessed similar declines in prices.

The encryption host in thinking is still optimistic

While many investors express their disappointment in heavy declines, Edwards seems optimistic about the potential of the market.

he Imagine Virtual scenario where the prices of the first three encryption assets by CAP -BTC, ETH and XRP (except Stablecoins) – ambitious goals during the next two months.

It is worth noting that it determines the Bitcoin goal of $ 145,000, ETAREUM at $ 7,000, and XRP at $ 5. Achieving these landmarks, Ethereum, XRP 75.14 %, 269 %, 119 % of their current prices amounting to $ 82,787, $ 1,897, and $ 2.28, respectively.

For context, Bitcoin will have the maximum market of $ 2.87 trillion if it explores the target $ 145,000. Also, the ETHEREUM and XRP evaluation will increase to 844.37 billion dollars and 290.54 billion dollars in the expected goals, respectively.

Edwards has not shed light on a possible factor that could lead to such gatherings. Apparently, the publication was an attempt to stir discussion, excitement and possibly Fomo (fear of being lost) among his followers over the age of 131 thousand.

Despite the speculative nature of the recent detection of the analyst, it reflects the increasing upward feelings in some parts of the encryption community.

Similar predictions

For the context, many experts have made goals similar to some of this encryption. In January, Cryptoquant Expected This bitcoin will target at least 145,000 dollars this year, and perhaps driven by the pro -abuse and institutional adoption.

In the same month, the famous encryption scheme Ali Martinez Expected This ETHEREUM can reach a $ 7,000 goal of this bull cycle. Also, toThe Eading BitWise asset manager set a similar goal for the second largest encrypted currency. As already I mentionedThe Supreme Asset Director expected Ethereum to rise to $ 7,000 this year.

Likewise, Altcoin Moe Alias Secure XRP will record the highest new level ever at $ 5 in this course. Moreover, Martinez recently suggested that the 5 -dollar goal for XRP can be achieved, stressing that the basic principle should “break first over the right shoulder at $ 3.”

Although these predictions seem attractive, investors must go carefully when investing in encryption, especially during this very volatile period.

Included: This content is media and should not be considered a financial advice. The views expressed in this article may include the personal opinions of the author and do not reflect the basic opinion of encryption. Readers are encouraged to conduct comprehensive research before making any investment decisions. Crypto Basic is not responsible for any financial losses.

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