Prediction: XRP's Market Capitalization to Surpass Ethereum's by 2025
Going Head-to-Head: Ripple vs Ethereum in 2025
The lines are blurring between Ripple (XRP) and Ethereum, as these leading cryptocurrencies show distinct chart patterns fueling speculation that XRP may surge and claim the second-biggest spot this year.
Ethereum losing steam
Saturday saw Ethereum trading around $1,837, while XRP clung to $2.20. Both figures represent a jump compared to their year-to-date lows, but Ethereum seems to be losing momentum.
Ethereum's daily chart shows a double-top pattern led by a neckline at around $2,140. This pattern often hints at a bearish breakout, with an estimated price target of about $952 if it goes as predicted. Additionally, Ethereum's struggle to break through the $2,000 resistance and formation of a rising wedge pattern – a series of two ascending, converging trendlines – strengthen the case for a crash. If Ethereum drops to the psychological point at $1,000, its market cap will dwindle to around $120 billion.
XRP setting sights higher
Despite Ethereum's downward trajectory, XRP looks ready to climb. It has formed two chart patterns that could result in a strong bullish breakout: a giant bullish pennant pattern and a falling wedge pattern. When the lines of the former converge, a bullish breakout usually follows, potentially pushing XRP's price up to the year-to-date high of $3.4. This move would bring its market cap close to $200 billion.
Which coin will reign supreme?
The Ripple vs. SEC lawsuit is becoming less of an uncertainty, which should help XRP gain ground. The impending approval of a spot XRP ETF and the rising popularity of Ripple USD (RLUSD) stablecoin could also work in XRP's favor. If the patterns hold true and these catalysts kick in, XRP could challenge Ethereum to secure the second-biggest spot this year.
Still, reaching this goal won't be a walk in the park. For XRP to overtake Ethereum or other top tokens, it would need a significant increase in price – more than what's currently expected with its bullish pennant pattern. The road ahead is filled with challenges, but recent trends suggest that XRP could make a solid push to compete with the leading cryptocurrencies.
- The likelihood of XRP surpassing Ethereum in 2025 is a talking point as XRP forms chart patterns like a giant bullish pennant and a falling wedge, suggesting a potential bullish breakout.
- In contrast, Ethereum seems to be losing steam, with its double-top pattern and formation of a rising wedge hinting at a bearish breakout towards an estimated price of around $952.
- If XRP does climb due to its chart patterns and positive catalysts, it could potentially reach its year-to-date high of $3.4, bringing its market cap close to $200 billion and challenging Ethereum for the second-biggest spot in finance.
- However, for XRP to overtake Ethereum or other top tokens, it would require more than the currently expected increase in price, signifying a challenging journey ahead.
- The Ripple vs. SEC lawsuit moving closer to resolution could help XRP gain ground, while the upcoming approval of an XRP ETF and the rising popularity of Ripple USD stablecoin could also boost XRP's chances in the finance world.
- On the other hand, Ethereum's daily chart shows a potentially bearish double-top pattern and a rising wedge, which, if correct, could lead to a drop to around $1,000, significantly reducing its market cap.
- In the DEFi space, traders watch the performance of XRP and Ethereum tokens closely, as their movements could impact the average crypto investor's portfolio.
