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>>According to an analyst, a comparison chart between XRP and ETH indicates that one XRP might reach a value of $78 in the near future.

According to an analyst, a comparison chart between XRP and ETH indicates that one XRP might reach a value of $78 in the near future.

crypthub

about 8 hours ago

Current Market Trends

XRP has shown growing strength against ETH on the weekly chart, breaking key resistance levels and potentially reaching new milestones. Analyst XRP Captain suggests 1 XRP could be worth 0.04 ETH, translating to $78 per XRP. The breakout from a long-term descending trendline in late 2024 marked a 500% price surge. Recent bullish formations indicate sustained buyer control despite bearish signs.

Technical Analysis

XRP surpassed Fibonacci retracement levels 0.382 and 0.5, reaching an all-time high in July before declining toward 0.5. A prolonged decline in 2025 formed a new descending trendline, with a flash crash in October pushing it near 0.382. However, XRP regained momentum, breaking above 0.0005 ETH resistance. Current weekly candles show limited retracement, reinforcing upward momentum.

Price Targets and Outlook

Continued momentum could push XRP to the 0.786 Fibonacci level, nearing the 0.04 ETH target. This represents significant gains from current levels, aligning with historical price patterns. Short-term consolidation periods are brief, followed by strong upward moves. Technical indicators confirm XRP’s position to advance toward the 0.04 ETH target over weeks and months.