XRP Price Target Set at $30 as Analyst Highlights Key BTC Ratio

Market technician Dr Cat has outlined a framework for XRP's price movements, centering on the critical level of 2,041 satoshis. He suggests potential price targets for XRP could reach up to $30 if Bitcoin hits $270,000.

XRP Price Analysis

  • Monthly price candles should be analyzed independently from shorter time frames.
  • Key bullish target: $4–4.5 (3,500 sats at BTC around $120,000).
  • Very bullish target: $18–30 (7,000–12,000 sats at BTC around $270,000).
  • Close below 2,041 satoshis could indicate a long-term bullish scenario but may trigger drops to 1,800, 1,500, or 700 sats first.
  • Holding above 2,041 maintains a path to 3,500 sats and supports higher targets for the cycle top.
  • No immediate weekly uptrend is anticipated due to current Ichimoku conditions.
  • Current market cycle projected to extend through 2026.

Dr Cat emphasizes that 2,041 satoshis is a key pivot point for risk management in trading XRP. As of now, XRP is priced at $2.01.