Analyst Predicts 3 XRP Price Targets If Bitcoin Hits $100K, $130K and $160K

Veteran crypto commentator EGRAG projects that XRP could rise to unprecedented levels if Bitcoin rallies to specific targets such as $100,000, $130,000 and $160,000 respectively.

EGRAG’s XRP/BTC Analysis

The widely followed analyst recently took X to analyze XRP’s price action against Bitcoin, XRP/BTC. According to EGRAG, XRP/BTC tested a crucial support zone labeled “YOLO” (You Only Live Once).

In October 21 tweetEGRAG emphasized that the XRP/BTC pair tried to close above the 0.000010 level but failed due to strong selling pressure.

This brought the pair to the ‘YOLO’ support level, highlighted in yellow in the chart. Referring to historical trends, EGRAG suggested that the XRP/BTC pair requires an impulsive ‘megathrust surge’ to break above 0.00001 territory.

At press time, the XRP/BTC pair is sitting at 0.000007360, reflecting a 0.4% decline over the past 24 hours. This indicates that the pair needs to rise by 35.86% to reach the 0.00001 range.

XRP/BTC historical trends

To predict XRP/BTC’s future movement, EGRAG first highlighted three previous cycles which introduced massive spikes. The cycles and their years of occurrence include cycle A (2014), cycle B (2017) and cycle C (2021).

In these cycles, the XRP/BTC pair rose to 0.00007, 0.000245 and 0.00003909 respectively. Interestingly, EGRAG suggested that the current XRP/BTC pair is preparing for a similar rise that could potentially take it to 0.0000221.

Here is the XRP price if BTC rises to $70K, $100K, $130K, $160K and $200K

Meanwhile, the expert highlighted 0.00017 as a crucial level in the XRP/BTC pair that could introduce a massive rally for XRP. At this level, EGRAG suggested that Bitcoin’s future price movements will determine XRP’s value against the USD.

Per EGRAG, if the XRP/BTC pair rises to 0.00017 and Bitcoin trades at $70,000, XRP’s price will rise to $12. This represents an increase of 2.243% from the current price of $0.5120.

In addition, EGRAG predicted that Bitcoin’s rise to $100,000 would potentially take XRP to $17 as long as the XRP/BTC pair remains at 0.00017. XRP’s potential rise to $17 marks a 3,220% increase from the current price.

Furthermore, the expert expected that if XRP/BTC holds at 0.00017 and Bitcoin hits the target of $130,000, as predicted by leading asset manager VanEck, XRP would be priced at $22, reflecting an increase of 4,196%.

Also, Bitcoin’s rise to $160,000 would accelerate XRP’s price to $27, representing an increase of 5,173%. Finally, EGRAG set a target of $34 for XRP should Bitcoin rise to $200,000 when the XRP/BTC pair is at 0.00017.

While this prediction looks enticing, caution is advised. In particular, EGRAG warned that XRP could dip into bearish territory if its BTC pair falls to 0.00000667.