Veteran crypto commentator EGRAG predicts that XRP could soar to unprecedented levels if Bitcoin rallies at 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 the price action of XRP versus Bitcoin, XRP/BTC. According to EGRAG, the XRP/BTC tested a crucial support zone called “YOLO” (You Only Live Once).

In the October 21 tweet, EGRAG highlighted that the XRP/BTC pair attempted to close above the 0.000010 level but failed due to heavy selling pressure.

This took the pair to the ‘YOLO’ support level, highlighted in yellow on the chart. Citing historical trends, EGRAG suggested that the XRP/BTC pair requires an impulsive move ‘megathrust peak’ to break above the 0.00001 area.

At the time of writing, the This indicates that the pair needs to rise 35.86% to reach the 0.00001 range.

XRP/BTC historical trends

To predict the future movement of XRP/BTC, EGRAG first highlighted three previous cycles, which introduced huge spikes. The cycles and the years in which they occur 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 gearing up for a similar rise that could potentially take it to 0.0000221.

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

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

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

Furthermore, EGRAG predicted that Bitcoin’s climb to $100,000 could 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.

Moreover, the expert predicted that if

Moreover, Bitcoin’s rise to $160,000 would push the price of XRP to $27, representing a 5.173% increase. Finally, EGRAG set a target of $34 for XRP if Bitcoin rises to $200,000 when the XRP/BTC pair is at 0.00017.

Although this forecast looks attractive, caution is advised. Notably, EGRAG warned that XRP could dip into bearish territory if the BTC pair falls to 0.00000667.