XRP’s $3 Comeback: Riding Bitcoin’s Coattails to $110K?

Ripple’s embattled token eyes a return to glory—but only if crypto’s kingmaker plays along.

When Bitcoin sneezes, altcoins catch pneumonia. Now XRP bulls whisper about a $3 revival... provided BTC first moonshots to $110,000. The math works—until Wall Street’s algo-traders inevitably front-run the retail crowd again.

Remember: In crypto, hope isn’t a strategy—it’s the strategy.

XRP Slides As SEC Delays ETF

XRP’s latest price dip came after the SEC announced it would delay its decision on three spot ETF applications for Dogecoin (DOGE) and XRP. The move came as a surprise to many, given that the SEC now has a pro-crypto head, Paul Atkins.

The latest rebound came after Bitcoin (BTC) climbed to the $107,000 level. The original cryptocurrency is close to hitting a new all-time high. Ripple’s XRP token and the general crypto market could witness another bullish leg if BTC hits a new peak.

Will The Asset Reclaim $3 If Bitcoin Hits $110,000?

Ripple’s XRP token and BTC are not very closely correlated at the moment. BTC hitting a new peak does not confirm an XRP rally. That said, BTC reaching a new all-time high could lead to a surge in investor confidence that could lead to XRP hitting $3. XRP is currently down by 30.5% from its all-time high of $3.40. The asset hit its peak in January 2018, more than seven years ago.

According to CoinCodex, BTC could hit a new peak of $112,819 as early as May 23. This is merely an anticipation. CoinCodex’s forecast is not a confirmation that BTC will truly hit a new peak.

CoinCodex, on the other hand, anticipates XRP to trade at $2.17 on May 23. XRP’s price will face an 8.8% correction if its price falls to $2.17.