Key takeaways:
- The XRP price prediction suggests that the coin’s price can increase to $3.00 by the end of 2024.
- The growing adoption rate of the XRP Ledger Protocol could push XRP to $8.85 with a possible maximum trading value of $10.34 in 2027.
- In 2030, the target price for XRP is between $25.70 and $31.04, with an average price of $26.63.
XRP has a strong community of supporters and developers and continues to see tremendous potential in Ripple’s technology and products. Despite short-term price fluctuations and a bear market, many analysts believe XRP has a bright future.
Whether it will reach new highs or continue to grow steadily, it remains to be seen, but this crypto asset will undoubtedly play an important role in global financial institutions.
Is XRP a good investment? Will Ripple ever go up? Where will XRP be in five years? Let’s answer these questions in our XRP price prediction.
Overview
| Cryptocurrency | Ripple |
| Token | XRP |
| Price | $2.934 |
| Market Cap | $143.91B |
| Trading Volume | $11.97B |
| Circulating Supply | 57.12B XRP |
| All-time High | $3.84 Jan 07, 2018 |
| All-time Low | $0.002802 July 07, 2014 |
| 24-hour High | $2.62 |
| 24-hour Low | $2.47 |
XRP price prediction: Technical analysis
| Metric | Value |
| Volatility | 47.13% |
| 50-Day SMA | 0.823113 |
| 200-Day SMA | 0.622414 |
| Sentiment | Bullish |
| Fear & Greed | 80 (Extreme Greed) |
| Green Days | 20/30 (67%) |
XRP technical analysis: XRP falls to $2.934 amidst descent
TL;DR Breakdown:
- XRP price analysis confirmed a downward trend at $2.934.
- Cryptocurrency has gained up to 3.14% in value over the day.
- XRP coin is targeting the next resistance around the $2.934 high.
On December 8, 2024, XRP price analysis revealed a decreasing market trend for the cryptocurrency. Coin value has dropped down to a $2.934 low in the past 24 hours. However, the cryptocurrency has gained up to 3.14% of value during the day. Despite the massive upswing in the past week, today the bears remained on the leading end.
XRP price analysis on the daily timeframe
The one-day price chart of XRP coin confirmed a downward market trend for the currency. XRP/USD value has depreciated to a $2.934 low in the past 24 hours. Side by side, the cryptocurrency value has received up to 3.14% of a boost during the day. The red candlestick on the one-day price chart indicates a downward momentum.
The gap between the Bollinger bands determines market volatility. This gap is widening, therefore referring to an increasing market volatility. Moving on, the upper limit of the Bollinger Bands indicator, serving as the resistance band, is present at $2.934. Whereas, its lower limit, acting as the support, is associated at $0.779.
The Relative Strength Index (RSI) indicator is present within the overbought region. Currently at 73.78, however now moving downward, this indicates a bearish trend. This descending movement marks a rising selling activity. Moreover, the rising bearish strengths situated the market in a relatively unstable zone.
XRP price analysis on the 4-hour chart
The four-hour price analysis of XRP coin revealed an increasing trend for the cryptocurrency. XRP/USD value has recovered up to a $2.546 high in the past four hours. A green candlestick on the four-hour price chart demarcates an upward momentum for now.
The Bollinger bands are expanding, referring to an increasing volatility. This increasing volatility refers to a relatively higher market unpredictability for the coming hours. Moreover, the upper Bollinger band has now shifted to a $2.648 high, indicating the resistance band. Whereas, the lower Bollinger band has moved to $2.216, securing the support.
The RSI indicator is present within the neutral region. Its value has improved up to 57.32 high in the past four hours. This increasing movement marks a rising bullish momentum. If the RSI value continues to rise, the market can enter a period of stability. Despite the downward momentum in the earlier hours, currently the market trend is relatively bullish.
XRP technical indicators: Levels and action
Daily simple moving average (SMA)
| Period | Value ($) | Action |
| SMA 3 | 1.457838 | BUY |
| SMA 5 | 1.496664 | BUY |
| SMA 10 | 1.467410 | BUY |
| SMA 21 | 1.226828 | BUY |
| SMA 50 | 0.823113 | BUY |
| SMA 100 | 0.692408 | BUY |
| SMA 200 | 0.622414 | BUY |
Daily exponential moving average (EMA)
| Period | Value | Action |
| EMA 3 | 1.159862 | BUY |
| EMA 5 | 0.975505 | BUY |
| EMA 10 | 0.788242 | BUY |
| EMA 21 | 0.672788 | BUY |
| EMA 50 | 0.611026 | BUY |
| EMA 100 | 0.584060 | BUY |
| EMA 200 | 0.567668 | BUY |
What to expect from XRP price analysis
Ripple price analysis for the day gives out a highly bearish prediction regarding the ongoing market events. Coin value has dropped down to $2.546 low in the past four hours. However, the overall market sentiment continues to remain positive. Cryptocurrency has gained up to 3.14 percent of value throughout the day. Technical indicators give out a bullish signal; however, the price charts are giving out a relatively bearish verdict.
Is XRP a good investment?
XRP, a cryptocurrency specifically tailored for rapid and cost-effective cross-border transactions, holds promise within global finance. The extent of adoption and Ripple’s strides in forging strategic partnerships are pivotal in shaping XRP’s value trajectory. As with any investment, the outlook for XRP remains uncertain, necessitating a cautious approach and thorough due diligence.
Why is XRP down?
The XRP/USD crypto pair price has decreased today as the selling influx was abruptly taken, taking the price to $2.546. The RSI has also turned downward, and above 70, the earlier upside had led beyond the overbought threshold.
Will XRP recover?
XRP is dipping over the short term; nevertheless, the decrease in rice levels is gradual, with bullish periods in between. The price action is nothing unusual in the crypto market, with equal chances of upward price reversal.
Will XRP reach $1?
XRP will have to surpass several resistance levels to reach $1. With a not-very-solid bearish trend and XRP’s current price action, it is possible that the coin can get $1 by next year as demand for XRP tokens rises and XRP’s growth remains consistent. The last time XRP was seen on the $1 level was November 30, 2021.
Will XRP reach $10?
Per our Cryptopolitan price prediction, XRP has a low chance of reaching $10 in the next five years. However, it is expected to reach $10 by 2031 if XRP ecosystem adoption by major financial institutions continues which still makes it a good option to buy XRP.
Will XRP reach $100?
If one XRP coin is worth $100, its market cap must be more than $5.4 trillion. Comparatively, Bitcoin’s market cap is $1.18 trillion; considering the current global economic situation, it is unlikely for XRP to reach $100 under current market dynamics.
Does XRP have a good long-term future?
XRP is expected to increase in value gradually over the coming years giving good yields to XRP holders and institutional investors. Currently, the coin is trading at the lowest level of the last year; however, it is expected to reach the highest price of $7 by 2030, which makes it a valuable asset for multiple gains after significant market capitalization with continuous efforts by the Ripple Labs. However, regulatory uncertainties still linger on with the Ripple lawsuit.
Recent news/opinions on the Ripple Network
- Raoul Pal, CEO of Real Vision, admitted his misjudgment about XRP as the token surged past $2. It now ranks third in cryptocurrency market capitalization, with Ripple’s market cap climbing 22% and its 24-hour trading volume rising by 21.81% to $19.27 billion on December 2, 2024. Read more about it here.
- Ryan Lee, Chief Analyst at Bitget Research, comments on the XRP price, noting that XRP is a relic of past crypto trends. Large holders are disappointed, and investors are becoming less interested as a result of its lack of innovation and frequent legal entanglements. Future market performance for XRP is still grim if it is unable to address its legal problems or provide creative applications.
XRP price prediction December 2024
According to XRP price prediction, in December 2024, XRP could reach a maximum expected XRP price of $ 2.70. The average trading price is expected to be $ 2.45 for the month, while the lowest it can go as per XRP cost estimation is $ 1.994 considering the current XRP sentiment.
| Period | Potential Low ($) | Average Price ($) | Potential High ($) |
| XRP price prediction December 2024 | $ 1.99 | $ 2.45 | $ 2.70 |
XRP price prediction 2024
XRP price prediction for 2024 suggests that the price could reach a maximum XRP’s price of $3.00 by the end of December considering it’s technological utility and enhancing cross border payments. We expect an average trading price of $2.91 and a floor price of $2.66.
| Period | Potential Low ($) | Average Price ($) | Potential High ($) |
| XRP price prediction 2024 | $2.66 | $2.91 | $3.00 |
XRP price predictions 2025-2030
| Year | Minimum | Average | Maximum |
| 2025 | $3.96 | $4.07 | $4.78 |
| 2026 | $5.99 | $6.15 | $6.93 |
| 2027 | $8.54 | $8.85 | $10.34 |
| 2028 | $12.29 | $12.73 | $14.83 |
| 2029 | $17.87 | $18.50 | $22.24 |
| 2030 | $25.70 | $26.63 | $31.04 |
XRP price prediction 2025
The XRP price prediction for 2025 is a minimum price of $3.96 and an average price of $4.07. The maximum forecast price for 2025 is $4.78 as crypto analysts expect investors to continue buying XRP as crypto assets.
XRP price prediction 2026
The XRP price predictions for 2026 suggests that the XRP cryptocurrency could reach a minimum trading price of $5.99 and an average price of $6.15. The XRP price forecast further suggests that the Ripple coin is estimated to reach a maximum price of $6.93.
XRP price prediction 2027
Ripple XRP price prediction for 2027 estimates a minimum value of $8.54 which is quite higher tha the current XRP price and an estimated average XRP price of $8.85. The maximum price forecast for 2027 is $10.34 increasing its market cap significantly.
Ripple price prediction 2028
The Ripple price predictions for 2028 expect the future price of 1 XRP to reach a minimum of $12.29 in 2028. The XRP price can reach a maximum level of $14.83; according to the XRP price forecast, the estimated average trading value is expected to be $12.73 throughout 2028, which shows XRP’s potential.
XRP price prediction 2029
The XRP price prediction for 2029 estimates that XRP to attain a minimum XRP price of $17.87 and an average trading price of $18.50, with a maximum price of $22.24 as per the XRP price forecast in a bullish scenario as institutional adoption for digital currencies keeps rising.
XRP price prediction 2030
According to the XRP price prediction for 2030, Ripple is predicted to hit a minimum XRP prices of $25.70 and an average expected trading cost of $26.63 throughout the year 2030. The maximum forecasted Ripple price for 2030 is set at $31.04 as expected peak value.
XRP market price prediction: Analysts’ XRP price forecast
| Firm Name | 2024 | 2025 |
| DigitalCoinPrice | $1.19 | $1.37 |
| Wallet Investor | $0.40 | $0.86 |
| Coincodex | $ 0.65 | $ 1.18 |
Cryptopolitan’s XRP price prediction
Our forecast shows that XRP will achieve a high price of $3.00 near the end of 2024. In 2025, the XRP price will range between $3.96 and $4.78. In 2030, the cryptocurrency will range between $25.70 and $31.04, with an average price of $26.63. It is important to consider that predictions are not investment advice. Professional consultation is suggested, or you can carry out your research.
XRP historic price sentiment
- Before 2017, the asset’s value hovered around $0.01; in April 2017, it rose to $0.05; the gradual climb soon continued as it reached $0.25 in May, showing a positive price action as Ripple continued to excel.
- Towards the end of 2019, XRP price stabilized at around $0.30 and did not cross the $0.5 mark throughout the year.
- However, the bullish run of 2020 pushed the coin’s value to a peak price of $0.8, gaining investor interest before finishing the year at $0.66.
- Early 2021 was supposed to be bullish for XRP, but the SEC announced a lawsuit that derailed investors. Nonetheless, XRP beat the odds and surged above $1.5 during the year, but by 2022 it plummeted significantly to as low as $0.31.
- XRP started 2023 at $0.335, and on July 13, it almost doubled its value in a steep spike. It shot from $0.470 to $0.814 while swinging towards $0.9 for a few hours. A partial victory against the SEC triggered the price jump, surging the trading volume. XRP closed 2023 at about $0.62.
- In 2024, XRP has so far ridden the market wave. The bears earlier on and then a bullish price movement by mid-March resulted in a market price of $0.72, according to data from the cryptocurrency market.
- In July, XRP traded between $0.418 and $0.658, showing a good recovery. However, the coin went under bearish pressure at the start of August, falling back down to the $0.550 range as per crypto markets records showing high volatility.
- In September 2024, XRP recovered up to the $0.642 level, but the price went down to the $0.500 range in October.
- A tremendous bullish impulse was observed in November when XRP touched the $1.96 mark and is trading above $2 at the start of December.
