XRP Analyst Sees $60 Target, But Hurdles Lie Ahead

Crypto analyst Ali Martinez has made a price projection for XRP that reaches as high as $60, but with one major hurdle in its path first.

The current price of XRP is around $1.35, far from the predicted target of $60, which would require a nearly 4,000% increase in value.

This forecast comes as former Ripple executive David Schwartz said that XRP could potentially overtake Bitcoin in total market value, but only if it grows faster than BTC.

Schwartz attributes the potential growth of XRP to its speed and wider range of functions offered by the XRP Ledger.