Ethereum And XRP Bulls: ETH Breaks $500 And XRP Is Expected To Surge 100x

The crypto market looks great today with the most important coins trading in the green.

There are various optimistic predictions about the prices of the coins especially since BTC was able to break the important $18k limit.

Ethereum hits $500

Ethereum was finally able to break the $500 resistance point. At the moment of writing this article, the coin is trading in the green, and it’s priced at $496.67

Ethereum has been placed in the spotlight for quite a while now, and it’s safe to say that the hype is also fueled by the upcoming launch of the much-awaited Ethereum 2.0 upgrade.

There is massive excitement around the upgrade which will take place by the end of the year, and there are already various moves taking place ahead of it.

For instance, check out the post below:

The price is expected to surge even more in this bullish market.

Not too long ago, it’s been revealed that the analyst called Pentoshi said that the launch of the Ethereum Improvement Proposal (EIP)-1559 would ensure the price of ETH moves above the $1,000 mark next year.

XRP bullish moves

XRP is also making some bullish moves these days.

At the moment of writing this article, XRP is trading in the green, and it’s priced at $0.302015.

A widely-followed crypto trader and analyst said that XRP is gearing up for a wild bull run.

Credible Crypto, tells his 71,000 followers on Twitter that XRP will pull back during Bitcoin’s next big correction, but the coin will not suffer too much.

He believes that after BTC has gone through a healthy retracement, XRP will begin a long-term rally that sees the coin surge 100x in value.


Companies Mentioned

CoinMarketCap
CoinMarketCap

CoinMarketCap is a website that provides cryptocurrency market cap rankings, charts, and more. It was purchased by Binance for $400M in 2020.

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Andreas Townsend Author

I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.

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