Subscribe to Our Newsletter

Success! Now Check Your Email

To complete Subscribe, click the confirmation link in your inbox. If it doesn’t arrive within 3 minutes, check your spam folder.

Ok, Thanks
XRP and Bitcoin coins with upward price trajectory.

X DAO Founder Forecasts XRP Price Surge to $6.50 in 3-6 Months, Eyes Bullish Run for BTC, ETH

Crypto Hobby profile image
by Crypto Hobby

Rekt Fencer, the founder of X DAO, has shared his short-term price predictions for several major cryptocurrencies, including XRP, Bitcoin, and Ethereum. These forecasts, described as "conservative" by Fencer, cover the next three to six months amidst ongoing market speculation and recent price volatility.

Key Takeaways

  • XRP is predicted to reach between $5.20 and $6.50 in the next 3-6 months.
  • Bitcoin's price could range from $160,000 to $225,000.
  • Ethereum is projected to trade between $10,000 and $12,000.
  • Other altcoins like Solana, BNB, Cardano, and Dogecoin also have optimistic outlooks.

Bitcoin and Ethereum Price Forecasts

Fencer anticipates Bitcoin could see a significant surge, trading within the $160,000 to $225,000 range in the coming months. This projection aligns with other market analysts who foresee Bitcoin potentially reaching $225,000 by the end of the year, which would push its valuation past $4.4 trillion.

For Ethereum, the forecast suggests a climb into the $10,000 to $12,000 bracket. This outlook mirrors year-end projections from analysts like Tom Lee, who predicted Ethereum could reach $10,000 to $15,000. At these levels, Ethereum's market cap would be between $1.2 trillion and $1.44 trillion.

XRP Price Prediction

Specifically for XRP, Rekt Fencer has set a short-term target of $5.20 to $6.50 over the next three to six months. If XRP reaches these price points, its market capitalization would approach the $400 billion mark. These predictions are considered more conservative when compared to some ultra-bullish forecasts that suggest XRP could trade as high as $22 or even $99 within the same timeframe.

Projections for Other Altcoins

Beyond the top two cryptocurrencies, Fencer also provided price targets for other notable altcoins:

  • Solana (SOL): Expected to surge to $700-$950 from its current price of around $175.
  • Binance Coin (BNB): Projected to reach $1,100–$1,550, potentially achieving a market cap near $160 billion.
  • Dogecoin (DOGE): The original meme coin could rise to $1.50 to $2.
  • Cardano (ADA): A more modest increase is predicted, with targets between $2.20 and $2.80, which remains below its all-time high.

Fencer also shared positive outlooks for SUI, predicting a rise to between $8.30 and $11, and Chainlink (LINK), forecasting a jump to $60-$85. Additionally, high-risk meme tokens HYPE and PENGU were given targets of $120–$135 and $0.35–$0.60, respectively. It is important to note that these targets would represent new all-time highs for most of these assets.

Sources:


More Crypto News:

XRP Price Prediction: Analysts See Path to $10 Opening Up
Explore XRP price predictions as analysts suggest the path to $10 is now wide open, driven by Ripple’s ODL services, the RAIL acquisition, and potential XRP ETFs.
XRP Surge: Ripple Secures Legal Win, Eyes Global Expansion and ETF Approvals
Ripple (XRP) achieves a major legal victory as the SEC case is dismissed. Discover how global network expansion and potential XRP ETF approvals could drive the price of XRP to new highs.
XRP’s Next Three Weeks Could Be Life-Changing, Says Top Analyst
Top crypto analyst STEPH IS CRYPTO predicts the next three weeks could be life-changing for XRP investors, citing strong market signals and technical indicators.
XRP Faces Potential Correction: Price Drop Imminent?
XRP experiences a significant price drop, raising concerns about a potential correction phase amid profit-taking and broader market downturn signals. Learn about the key factors influencing XRP’s current market position and future outlook.
XRP’s Explosive Rally: $3.47 Key as ETF Giants Towards $5
XRP’s price is surging towards $5, driven by ETF approvals, new crypto laws, and strong institutional interest. Learn about the key factors fueling this rally.
Crypto Hobby profile image
by Crypto Hobby

Subscribe to New Posts

Lorem ultrices malesuada sapien amet pulvinar quis. Feugiat etiam ullamcorper pharetra vitae nibh enim vel.

Success! Now Check Your Email

To complete Subscribe, click the confirmation link in your inbox. If it doesn’t arrive within 3 minutes, check your spam folder.

Ok, Thanks

Read More