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Crypto

XRP Analyst Sees Token Taking Over Bitcoin and Ethereum Amid Wave 4 Correction

Guavy AI Editorial Team
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BTC ETH XRP
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XRP is on the verge of outperforming Bitcoin and Ethereum according to Dark Defender, an analyst who believes the token is approaching a major turning point against its rivals.

Dark Defender's chart shows that the XRP-ETH pair is in Wave 4 of an Elliott Wave pattern, meaning it is currently going through a correction before a possible move higher.

The analyst notes that ETH's price may appreciate a bit more in the coming days, but XRP will 'take over Bitcoin and Ethereum and dominate the field' afterwards.

However, fellow XRP analyst ChartNerd offers a more cautious outlook, suggesting that XRP could continue losing ground against Bitcoin and Ethereum through the end of the year.

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