Expert Sets Top Cycle Targets for BTC, ETH, and XRP, Predicts $250 XRP Peak

Industry expert Chad Steingraber has set bold cyclical targets for Bitcoin (BTC), Ethereum (ETH), and XRP, predicting XRP will reach a price peak of $250.

While XRP has failed to match the gains of the broader cryptocurrency market, industry commentators remain confident in its potential to outperform in the long term. To give an example, BTC is up 64% this year, while ETH has gained 61%. Additionally, Solana (SOL) recorded an increase of 59.8%. Binance Coin (BNB) up a remarkable 119% since January.

XRP underperformance

Meanwhile, over the same time frame, XRP fell 18%, making it one of the few mainstream assets to suffer declines this year. Despite the market’s shocking performance, commentators like Chad Steingraber, an independent game developer, expect XRP to catch up with the rest of the market as the bull run matures.

One of the driving forces behind this optimism is XRP’s extraordinary performance in 2017. Notably, XRP experienced similar dull movements from 2016 to 2017, before the bull run of that cycle. During this period, XRP left behind the rest of the market, while others recorded peaks. However, as the bull run matured, XRP outperformed the market, surging by 48.823%.

Bitcoin and Ethereum projections

Steingraber’s recent projection suggests this pattern could repeat itself. He presented three predictions for the price peaks of Bitcoin, Ethereum and XRP during the current market cycle. According to him, Bitcoin could reach a maximum price of $250,000.

Several analysts and industry leaders have also predicted similar goals for Bitcoin. For example, two years ago, billionaire Tim Draper expressed trust that BTC could reach $250,000. However, his timing was wrong, as he predicted that this would happen between the end of 2022 and the beginning of 2023. Market analyst Raoul Pal also recently predicted a price of $250,000 per BTC.

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In addition to Bitcoin, Steingraber expects Ethereum to peak at $25,000 this cycle. This projection is only 13% higher than the recent Ethereum price prediction of $22,000 Done from leading asset manager VanEck. However, Geoffrey Kendrick of Standard Chartered gifts less ambitious targets of $8,000 and $14,000 for ETH.

XRP is expected to reach $250

Meanwhile, at the same time, Steingraber predicted that XRP will reach a high price of $250 this cycle, while BTC will reach $250,000 and Ethereum will reach $25,000. According to the game developer, these projections align with each other in a synergistic way.

Responding to the prediction, Rob Cunningham, host of the KUWL show, highlighted the percentage peaks needed for these predictions to materialize. Specifically, to reach $250,000, BTC needs to increase 3.5x, while ETH would need a larger increase of 6.3x to reach $25,000.

However, at the current value of This confirms that XRP needs a much more substantial increase to reach its target, making it less likely to occur. However, the market can be unpredictable.

Disclaimer: This content is informational and should not be considered financial advice. The opinions expressed in this article may include the personal opinions of the author and do not reflect the opinion of The Crypto Basic. Readers are encouraged to do thorough research before making any investment decisions. Crypto Basic is not responsible for any financial losses.

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