XRP Price Could Hit $89.52 Under Viral 306% Ethereum Forecast — Is It Likely?

Key Takeaways

• Crypto analyst Dark Defender's chart projects XRP rising 306% against Ethereum, not gaining 306% in dollar terms.

• The target would value XRP at approximately $5.62 if Ethereum remained near $2,513, but as high as $89.52 if ETH eventually reached $40,000.

• Reaching the upper scenario would give XRP a market capitalization of over $5.6 trillion based on today's circulating supply.

A viral forecast suggesting XRP could outperform Ethereum by 306% has fueled another round of extreme price speculation.

Crypto analyst Dark Defender has projected that the XRP/ETH ratio could climb substantially during the final stage of an Elliott Wave formation.

CCN calculations suggest the forecast could translate into an XRP price range of $5.62 to an extraordinary $89.52, based on Standard Chartered's long-term $40,000 ETH projection.

What Does a 306% XRP Rally Against Ethereum Mean?

Dark Defender's technical setup places XRP in a fourth-wave correction against Ethereum before a projected fifth-wave advance toward 0.002238 ETH per XRP.

That target sits roughly 306% above the chart's starting level.

CoinGecko data placed the XRP/ETH ratio at approximately 0.0005517 on Sept. 14, with XRP trading near $1.39 and Ethereum around $2,513.