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What Is Next For The XRP Price After Flipping BNB?

The XRP price is targeting its current all-time high (ATH) of $3.8 after the crypto flipped BNB to enter into the top 5 crypto ranking.
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What Is Next For The XRP Price After Flipping BNB?

Highlights

  • Crypto analyst Dark Defender predicts that the XRP price could rally to $3.41 next.
  • the analyst predicts that XRP could flip Solana next, haven flipped BNB to break into the top 5 crypto.
  • Crypto analyst CrediBULL Crypto predicts that XRP could break into the top 3 crypto by market cap.

The XRP price is enjoying bullish momentum as the crypto flipped BNB to become the fifth-largest crypto by market cap. Amid this development, crypto analyst Dark Defender has provided insights into what price levels the crypto could reach next as part of this bullish continuation.

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XRP Price To Reach $3.4 Next As It Eyes ATH

In an X post, crypto analyst Dark Defender predicted that the XRP price could reach $3.4176 next as it targets its current all-time high (ATH) of $3.84. This came as the analyst noted that XRP broke one of the critical resistances at $1.44 and successfully retested $1.63 following that breakout.

With that successful retest, Dark Defender said that XRP could touch one of the main Fibonacci levels, which is $1.88. The analyst went on to list $3.41 as a new target that market participants should keep an eye on as the crypto could rally to that level once it reaches this Fib level.

Based on the analyst’s accompanying chart, this XRP price rally to $3.41 could happen sometime in December. Meanwhile, the crypto could also break its current ATH next month as Dark Defender reaffirmed that $5.85 is one of the targets to keep an eye on for XRP.

Interstingly, the crypto analyst doesn’t expect the XRP rally to stop there, as he highlighted $11.3 as a new target for the crypto in this bull run. Based on Dark Defender’s prediction, $11 is still unlikely to be the market top. He recently predicted that XRP could hit $18 sometime next year, using the Elliot Wave theory.

Meanwhile, the crypto analyst mentioned $1.44, $1.28, $1.14, and $1.03 as new support levels, which the crypto needs to hold above to enjoy these parabolic rallies. XRP is riding a bullish wave as it flipped the BNB to become the fifth-largest crypto by market cap.

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Is Solana The Next?

In another X post, Dark Defender suggested that XRP could flip Solana next as the XRP price rallies further. The Solana price is currently trading at around $244, with a market cap of $115 billion. Meanwhile, XRP boasts a market cap of $96 billion.

An XRP price rally to $3.4 would give it a market cap of $193 billion and could see the crypto flip Solana. However, that will also depend on how high SOL rises during this period. Crypto analyst CrediBULL Crypto has even provided a more bullish outlook for XRP, stating that the crypto wants its ‘top 3’ spot back.

This means that XRP could flip Solana and Tether to become the third-largest crypto by market cap, behind the top 2 cryptos, Bitcoin and Ethereum. It is worth mentioning that XRP was once above Ethereum before the Ripple SEC lawsuit began in 2020.

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Boluwatife Adeyemi

Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across several niches. His speed and alacrity in covering breaking updates are second to none. He has a knack for simplifying the most technical concepts and making them easy for crypto newbies to understand. Boluwatife is also a lawyer, who holds a law degree from the University of Ibadan. He also holds a certification in Digital Marketing. Away from writing, he is an avid basketball lover, a traveler, and a part-time degen.

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Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
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