Listen to this, my people! 🤯 A 600% rise that would leave Bitcoin in the dust? 🚀 That's the bold bet of an analyst who sees XRP flying up to $14. If this sounds crazy, get ready because the argument has a taste of history repeating itself.
Here between us, analyst Javon Marks is going all out with his prediction: he says that the price of XRP could reach $14, not only surpassing BTC but by more than 600%! 😮 Why such confidence? Well, because it has happened once before. The guy remembers that when XRP surpassed Bitcoin by 240%, its price skyrocketed by more than 570%. If it did it before, why not now? His chart marks this potential takeoff between today and mid-2027. Keep an eye on this!
Now, if we look at the launch pad... XRP comes with a -7% loss for the year, and Bitcoin a -2%, so things haven't been easy. BUT, the game is changing. The XRP ETFs (those funds that make it easy for people to invest) have already reached $1,000 million in assets under management. 🤯 Only Ethereum had achieved that milestone faster! The CEO of Ripple, Brad Garlinghouse, tells us that this proves the brutal demand for this asset. More demand, more potential rise, that's the basic rule, right? Additionally, the new update of XRP Ledger (v3.0.0) could give a boost to its utility.
But don't worry, not everything is a party. Another analyst, CasiTrades, keeps us grounded. She says that XRP is at a "decision point" 🧐. In other words, we are on a tightrope. For the $14 rocket to be confirmed, XRP has to break through a resistance barrier at $2.41 and continue up to $2.65. If it fails to do so and instead falls below the support of $2.04, watch out!, because a drop to $1.73 or even $1.64 could happen. It's a crucial moment for traders (those who buy and sell), and she suggests that $2.04 is the best point to enter because it positions you well for any scenario. At this moment, XRP is hovering around $2.01, so you know how close we are to that final sprint.
The million-dollar question is: with the bullish pressure of ETFs and the utility of the Ledger on one side, and technical indecision on the other... will this be the moment where XRP pulls out its historic card and gives an epic beatdown to the "king" Bitcoin, or will we be skating for a while longer? 🤔 We need to keep our eyes wide open!$XRP $BTC
