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XRP Price Prediction 2024-2030: $1 Coming Soon?

Key Takeaways

  • Current XRP price prediction suggests that the coin’s price can increase by 20% which will take it to the $0.626 level by June 22, 2024.
  • The adoption rate of the XRP Ledger Protocol increases by 108% in 2024, set to push XRP to $0.920 – $1.13 in 2025.
  • In 2030, the target price for XRP is between $6.14 and $7.45, with an average price of $6.31.

There are several reasons why experts believe that XRP’s future performance is promising. For one thing, a strong community of supporters and developers continues to see tremendous potential in Ripple‘s technology and products. Despite some short-term price fluctuations and a bear market, many analysts believe XRP has a bright future ahead.

Whether it will reach new highs or continue to grow steadily remains to be seen, but there is no doubt that this crypto asset will continue to play an important role in global financial institutions.

Is XRP a good investment? Will Ripple ever go up? Where will XRP be in 5 years? Let’s answer them using our XRP price prediction.

Overview

CryptocurrencyRipple
TokenXRP
Price$0.5444
Market Cap$30,096,744,156
Trading Volume$30,096,744,156
Circulating Supply55,288,951,055
All-time High$3.84 Jan 04, 2018
All-time Low$0.002802 July 07, 2014
24-hour High$0.5561
24-hour Low$0.002802

XRP Price Prediction: Technical Analysis

MetricValue
Volatility2.38%
50-Day SMA 0.537744
100-Day SMA 0.568395
SentimentNeutral
Fear & Greed76 (Extreme Greed)
Green Days13/30 (43%)

XRP Technical analysis: Bullish trend aggravates hike past $0.535 high

TL;DR Breakdown

  • XRP price analysis confirms an uptrend.
  • Coin value has enhanced up to $0.535. 
  • Strong support is available at $0.486.

The latest one-day and four-hour XRP price analysis for 04 May 2024 presents a highly bullish prediction for the cryptocurrency. The Green candlesticks remained dominant this week because of the aggravating bullish pressure. Because of the continual upsweep in the past few days, the cryptocurrency value has advanced up to $0.535 target swiftly.

XRP price analysis on a daily timeframe: Upside extends as Bulls discover $0.535 horizon

The latest one-day XRP price analysis gives out a bullish prediction regarding the ongoing market events. The bulls have been following an ascending movement since the past week. As the bullish momentum remained significantly high in the past 24-hours, XRP/USD value has recovered up to $0.535 today. Because of the ascending trend, the Moving Average (MA) value has spiked up to $0.519 high.

XRP/USD 1-day price chart. Source: TradingView

The volatility is decreasing which is a bullish sign for the coming future. As a result of the decreasing volatility, the upper and lower values of the Bollinger bands indicator have changed. Currently, the upper end of the Bollinger bands indicator has moved to $0.551. Whereby, the lower end of the Bollinger bands indicator has switched to $0.486 low. The Relative Strength Index (RSI) indicator confirms the bullish streak as its overall value has surpassed index 49.72.

XRP price analysis on the 4-hour chart: Upswing leads to massive recovery beyond $0.535

The recent four-hour XRP price analysis depicts an upswing for the cryptocurrency. Although the bears attempted to make way towards lead in the early hours, currently the bulls are dominant. Because of the rising bullish momentum, XRP/USD value has spiked up to $0.535 in the past few hours. Moreover, the Moving Average value has stepped up to $0.515 as well.

XRP/USD 4-hour price chart. Source: TradingView

The four-hour price chart dictates a decreasing volatility which is a bullish signal for the future. Because of these changes in volatility, the upper extreme of the Bollinger bands indicator has shifted to $0.541. Whereby, the lower end of the Bollinger bands indicator has moved to $0.497. The RSI graph displays an ascending curve as its overall value has achieved 63.72 high.

XRP Technical Indicators: Levels and Action

Daily Simple Moving Average

PeriodValue ($)Action
SMA 3 0.527701BUY
SMA 5 0.523121BUY
SMA 10 0.512939BUY
SMA 21 0.515974BUY
SMA 50 0.537744BUY
SMA 100 0.568395SELL
SMA 200 0.578942SELL

Daily Exponential Moving Average

PeriodValueAction
EMA 3 0.524121BUY
EMA 5 0.525551BUY
EMA 10 0.524978BUY
EMA 21 0.52933BUY
EMA 50 0.549559SELL
EMA 100 0.563804SELL
EMA 200 0.566322SELL

What to Expect from XRP Price Analysis

The latest one-day and four-hour Ripple price analysis indicates a highly bullish scenario for the day. A considerable rise in the buying activity was observed in the past 24-hours, as XRP/USD value has spiked up to $0.5355 high. Moreover, a similar price movement and bullish progression was recorded during the past four hours as well. 

Is XRP a good investment?

XRP, a cryptocurrency specifically tailored for rapid and cost-effective cross-border transactions, holds promise within the domain of global finance. Its utility in facilitating swift international money transfers positions it as a viable option for investors seeking exposure to this burgeoning sector. The extent of adoption by financial institutions, coupled with Ripple’s strides in forging strategic partnerships, plays a pivotal role in shaping XRP’s value trajectory.

As with any investment, the outlook for XRP remains subject to uncertainties, necessitating a cautious approach and thorough due diligence. Assessing its investment potential entails careful consideration of one’s risk appetite and confidence in its sustained viability over the long term. Our XRP price forecast section provides an analysis of the profitability of the coin in the coming years.

Recent News/Opinions on the Ripple Network

The SEC vs. Ripple case came to a close on Monday, May 20. Briefs opposing the omnibus letter motions were filed by the SEC, Ripple, and any other interested parties. The parties will have 14 days following the court’s decision on the omnibus sealing motions to submit redacted versions of all the documents.

Prospective SEC approval of ETH-spot ETFs fueled investor demand for XRP and the overall cryptocurrency market.

XRP Price Prediction May 2024

Analysis for XRP price prediction shows that XRP price will keep improving, but at a moderate pace, in May 2024 as it moves above $0.653782, even though the market sentiment is largely bullish. The volatility has increased again as the XRP coin is following a cyclical pattern and seems to be moving above the previous top of the said pattern which was $0.5393 just below the current XRP price as the bulls are gaining strength again. 

Looking at the present trend, it’s essential to trade with caution as a breakout in any direction is possible, but most of the indications seem to be for more upside as the overall price movement pattern is still in the upper direction, and there can be a possibility of the coin reaching $0.653782 till the end of the month as per XRP price prediction 2024.

MonthPotential Low ($)Average Price ($)Potential High ($)
May$0.0068$0.0088$0.02300

XRP Price Prediction 2024

The XRP price trajectory in 2024 was downwards at the start of the year, till the price came down to $$0.503 before starting its bull run. XRP coin price touched $0.723 on March 11 and has been on a downward spiral since then. The coin has lost a bit more than 12 percent value YTD, but the bullish sentiment is still there with a trading volume of $2,157,772,879.

XRP price prediction for 2024 suggests that the price could reach a maximum price of $0.7296 by the end of December. We expect an average trading price of $0.658 and a floor price of $0.6333.

However, it can be expected that the proceedings of the SEC vs Ripple case may affect the XRP’s price and reverse the bullish momentum. The number of transactions on XRP Ledger has also been reported to have increased by more than 100% during the first quarter of fiscal year 2024. However, traders’ due diligence is advised.

MonthPotential Low ($) Average Price ($)Potential High ($)
May 2024$0.6333$0.6583$0.7296

XRP Price Predictions 2025-2030

YearMinimumAverageMaximum
2025$0.92$0.94$1.13
2026$1.30$1.35$1.60
2027$1.93$1.98$2.27
2028$2.88$2.96$3.43
2029$4.27$4.39$5.03
2030$6.14$6.31$7.45

XRP Price Prediction 2025

The Ripple price forecast for 2025 is for Ripple cryptocurrency to trade at a minimum price of $0.9209 and an average price of $0.94. The maximum forecast price for 2025 is $1.13.

XRP Price Prediction 2026

In 2026 our XRP price forecast for 2026 suggests Ripple cryptocurrency could reach a minimum price of $1.30 and an average price of $1.35. Ripple coin is estimated to reach a maximum price of $1.60.

XRP Price Prediction 2027

Ripple XRP price forecast for 2027 estimates a minimum value of $1.93 and an average trading price of $1.98. The maximum price forecast for 2027 is $2.27.

Ripple Price Prediction 2028

Our Ripple forecast for 2028 expects the price of 1 XRP to reach a minimum of $2.88 in 2028. The XRP price can reach a maximum level of $2.96, with an average price of $3.43 throughout 2028. 

XRP Price Prediction 2029

The Ripple coin price prediction for 2029 estimates Ripple to attain a minimum value of $4.27 and an average price of $4.39, with a maximum price of $5.03.

XRP Price Prediction 2030

According to the Ripple price forecast for 2030, Ripple is predicted to hit a minimum price of $6.14 and an average price of $6.31 throughout the year 2030. The maximum forecasted Ripple price for 2030 is set at $7.45.

XRP Market Price Prediction: Analysts’ XRP Price Forecast

Firm Name20242025
DigitalCoinPrice$1.19$1.37
Wallet Investor$0.40$0.86
Coincodex$ 0.65$ 1.18

DigitalCoinPrice’s bullish short-term prediction states that the XRP price will increase by 215.56 percent by the end of 2026. DigitalCoinPrice estimates the price of Ripple to reach a minimum of $1.49, an average trading price of$1.69, and a maximum forecast price of $1.79 by the end of 2026. For the long-term forecasts, Ripple is estimated to trade at a maximum value of $3.77 in 2030.

Wallet Investor is bearish on Ripple price in the short-term forecast, stating that XRP can reach $0.4083 by the end of 2024. This is quite lower than the current value of $0.5407. In the one-year forecast, Wallet Investor expects XRP price to reach an average of $0.550  with a minimum and maximum price estimation at $0.244 and $0.864, respectively, by the end of 2024.

Coincodex’s long-term price predictions for Ripple suggest the price could reach $1.65 by 20230, If XRP followed Internet growth, the prediction for 2026 would be $ 1.18.

Cryptopolitan’s XRP Price Prediction

XRP has been up by 2.61% over the last 30 days, and there are signs of going higher. It will achieve a high of $0.729 in the second half of 2024. In 2025, it will range between $0.92 and $0.1.13 in case of a bullish breakout, with an average of $0.94. The overall sentiment is still bullish for the coin in the crypto market but the XRP price has decreased by more than 12 percent YTD. At the same time, the XRP token has gained 2.61 percent over the past month as said above which hints at some degree of stability as the current XRP price floats at $0.537 according to XRP price prediction 2024. Some uncertainties do exist regarding the SEC vs Ripple case. Note the predictions are not investment advice. Seek independent professional consultation or do your research.

XRP Historic Price Sentiment

  • Before 2017, the asset’s value hovered around $0.01, but this soon changed as the token began to gain wider coverage, and it also leveraged on the bull run of the crypto industry in that year. By April 2017, XRP rose to $0.05; the gradual climb soon continued as it reached $0.25 in May showing a positive price action as Ripple continues 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. This means that Ripple XRP hasn’t been able to build on its old glory since then, as its value never got to as high as even a dollar thus limiting its market cap. 
  • However, the bullish run of 2020 that was ignited towards the end of the year helped the asset’s value to ascend. The token’s value got to as high as $0.8 before finishing the year at $0.66. Early 2021 was supposed to continue the rise in XRP value, but that could not happen due to the SEC’s announcement of a lawsuit with halted the XRP market cap growth.
  • The XRP price has been consolidating in a sideways channel since the crypto market crash in May 2021. The price has been consolidating between $0.56 and $1.39.  The trend is currently neutral; however, it might retest the 0.618 Fibonacci level around $0.89 before moving to the upside. The Stochastic RSI for the daily time frame is also at the bottom (18); thus, there is a huge potential for the upside as long as there is no negative news in the crypto space.
  • In 2021, XRP prices surged, but by 2022 they plummeted significantly. As of February 4, 2024, an XRP token was valued at 0.50 U.S. dollars in the crypto market, while Ethereum continued to set new all-time highs, unlike XRP. The price spikes for XRP came comparatively later, marking a distinct trajectory from Ethereum’s consistent growth.
  • XRP started its year 2023 with a lower price tag of $0.335 but made some high strides in March and April. On July 13, it almost doubled its value in a steep spike when it shot from $0.470 to $0.814 while swinging towards $0.9000 for a few hours. The price jump was triggered by a partial victory against the SEC. But the price has since plummeted down towards the current XRP price range of $0.5300.
  • Also, there is a flat volume. This indicates that the supply from sellers and the demand from buyers are in equilibrium. The Bitcoin price is gaining some traction again, but XRP despite some improvement has still not shown any major signs of a price spike.

FAQs

Are On-Demand Liquidity (ODL) firms feeling the pinch from XRP's price volatility?

No, not at all. As of now, there are a considerable number of firms that choose ODL over XRP. ODL does not need that such firms hold on to XRP for a long period of time. Furthermore, these financial institutions are less vulnerable to volatility during transactions.

What's the ideal method for trading XRP?

Open-source and decentralized, XRP may be bought and sold on over a hundred different digital markets. XRP/USD trading may be done on a number of different exchanges on the internet.

Ripple's recommendation for XRP trading platforms?

For the most part, the cryptocurrency Ripple (XRP) doesn't encourage or advocate the use of Internet listings or exchanges, and it makes no claims about them. Customer service and standards based on central bank criteria are different at each exchange when it comes to trading the XRP currency. You should do your own research before embracing new technologies or making financial decisions. To sum up, Ripple does not endorse or sponsor any specific trading platform for XRP.

Is Ripple (XRP) held by any financial institutions?

For its cross-border payments, the XRP Liquidity Pool has officially announced the usage of XRP by eight major payment service providers, including MoneyGram, MercuryFX, IDT, Cuallix, Western Union, and Cambridge Global Payments. A growing number of financial institutions are showing an interest in using Ripple's XRP coin to facilitate their payment processing operations.

What is the Ripple Payment Protocol?

Currency exchange, remittance network, and real-time gross settlement system are all features of the Ripple Payment Protocol (RTXP), also known as the Ripple Transaction Protocol (RTXP). The network is built on a consensus ledger, an open-source distributed Internet protocol, and the native currency. In only a few seconds, Ripple (XRP) can settle transactions across borders

Is Ripple a safe way to transfer money?

This is a straightforward question with a straightforward answer: "Is Ripple safe?" It's because of Ripple's unique approach to cryptocurrencies, which sets it distinct from its rivals. Ripple is focused on a certain goal. The potential for dominance in the online payment business is enormous once it arrives.

What's the incentive for validators who are not Ripple validators?

Interbank settlements using the XRP Ledger will have an incentive to ensure that the network is reliable and stable if it is widely used. If this happens, institutions will set up Ripple servers to join the network. A validator's primary role is to guarantee that the network is stable and that it develops logically.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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