XRP analyst sees $60 target, but first needs to clear major price barrier

A crypto analyst has projected that XRP could eventually reach $60, but this forecast depends on it first clearing a much closer price barrier of $3.66.

The projection arrived as former Ripple executive David Schwartz said XRP could one day overtake Bitcoin in total market value, but the current price of XRP is around $1.35, far from reaching that prediction.

Analyst Ali Martinez believes XRP could reach $60 if it produces a monthly close above $3.66, which would require a nearly 170% rise from its current price.