XRP Price Could Reach $3.94 If It Flips Ethereum’s Market Cap

Recent analysis indicates that if XRP were to surpass Ethereum's market cap, its price could reach $3.94, establishing a new all-time high. Currently, XRP holds the fourth position with a market cap of $135 billion, while Ethereum’s stands at $227 billion.

XRP Market Cap Insights

If XRP flips Ethereum's market cap, it will become the second largest cryptocurrency.
The current XRP price is around $2.3, down over 2% in the last 24 hours.
Analyst Egrag Crypto predicts XRP's dominance is strong and likely to close above the 2021 high of 6%, which could lead to further price increases.
Critical Fibonacci levels are being monitored; a close above Fib 0.5 may boost XRP towards Fib 0.888.

Support Levels and Price Predictions

Analyst Ali Martinez emphasizes the significance of the $2 support level, noting potential risks of falling to $1.2.
Dark Defender highlights $2.04 and $2.22 as critical supports for XRP, with targets for upside movement at $4.2932 and $5.8563.
A rally nearing $5 could enable XRP to flip Ethereum, contingent on Ethereum's relative performance.

This information provides a framework for understanding potential XRP price movements and the importance of maintaining key support levels amidst market fluctuations.