As traders begin to chart the next phase of the bull market, one analyst has presented a valuation model for XRP that hinges on Ethereum’s next major move. Popular analyst Mr. Xoom took to social media to outline a key trading pair scenario for the XRP/ETH ratio. According to him, if Ethereum climbs to $6,000 and the XRP/ETH pair hits a Fibonacci level of 2.618 (0.003), then XRP would be priced at approximately $16. Pushing the logic further, if Ethereum reaches $10,000 and XRP maintains that same ratio, XRP could climb as high as $30. This model is based on a simple multiplication of Ethereum’s price by the 0.003 XRP/ETH ratio. It offers a projection that aligns with many community forecasts. At that price level, Ethereum’s market cap would reach $1.2 trillion. Meanwhile, Mr. Xoom’s analysis suggests XRP could deliver an even more impressive price performance. His forecast that XRP could hit $30 when Ethereum reaches $10,000 implies that XRP may outshine ETH, with a market cap of $1.77 trillion at a $30 price point. As of today, XRP is trading at $3, up 2.6%, while Ethereum is exchanging hands at $3,500, down 2.7% over the past 24 hours. In parallel, the XRP/ETH ratio stands at 0.0008505 ETH, up 0.91% over the past week, suggesting XRP is slightly gaining the upper hand. However, looking at the monthly timeframe, Ethereum still leads, as the ratio is down 2.11%. Overall, while both XRP and Ethereum continue to trade 22% and 28% below their all-time highs, respectively, Mr. Xoom’s tweet paints a promising future for the two altcoin leaders. Analyst Still Plans to Sell Before $15 Despite the bullish math, Mr. Xoom noted that his personal strategy doesn’t involve holding XRP all the way to $16 or $30. Instead, he plans to begin taking profits between the $7 and $10 range, indicating a more conservative—yet still optimistic—outlook. However, the point of the projection, according to him, is not to guarantee those highs, but to demonstrate that $15–$30 XRP is within the realm of possibility, especially in a market where Ethereum breaks into five-figure territory. The post adds to a growing chorus of voices pointing to a potential breakout in XRP’s valuation. Last month, investor “ProfitMana” set a $15 target for XRP while projecting Ethereum could reach $12,000.
Shiba Inu Countdown: 410,752,071,267,334 SHIB in Five Years
2 hour ago
2025 to mark start of major stock market drawdown, warns strategist
2 hour ago
Dogecoin Confirms Death Cross Formation on 3-Hour Chart
2 hour ago
Crypto Price Analysis August 25: Internet Protocol ($ICP)
2 hour ago
What next for Ethereum price as spot ETF demand wanes?
2 hour ago
Here’s How High Shiba Inu Price Could Rise If Bitcoin Hits $21,000,000
2 hour ago