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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 growing adoption rate of the XRP Ledger Protocol could 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$0.5315
Market Cap$29,460,175,684
Trading Volume$1,708,769,307
Circulating Supply55,430,475,754
All-time High$3.84 Jan 04, 2018
All-time Low$0.002802 July 07, 2014
24-hour High$0.5367
24-hour Low$0.5094

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: Cryptocurrency upgrades to $0.532 after an upturn

TL;DR Breakdown

  • XRP price analysis indicates an uptrend.
  • The coin value has improved up to $0.532.
  • Strong support is being provided at $0.494.

The latest one-day and four-hour XRP price analysis for May 24, 2024, indicates a highly bullish scenario for the cryptocurrency. The market sentiment has remained highly bullish for the past two days, as the bulls seem to take over the reins once again. As the buying activity remained quite dominant as compared to the selling pressure, the cryptocurrency value has sought a significant recovery beyond $0.532. If the bullish progress persists in the coming days, chances of further improvement seem quite close.

XRP price analysis on a daily timeframe: Upsurge results in a spike beyond the $0.532 hurdle.

The latest one-day XRP price analysis favors cryptocurrency buyers for the day. The bullish momentum has been intensifying since yesterday as an upward price movement has resumed. Because of the recent surge in price, considerable stability in coin value has been recorded. The upward trend remained strong in the past 24 hours, as the bullish strike led to a climb past $0.532 resistance. Because of the persistent bullish activity, the moving average (MA) curve has surpassed the current price. Its current value is above the $0.525 level, which is indicative of strong bullish sentiment.

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

The volatility remained quite stagnant, which means that the ongoing market trends might remain continuous in the coming days. As such, no major changes in the current price movements are to be expected. If we discuss the Bollinger bands indicator, then its upper band presents itself at $0.544 high, marking strong resistance for XRP/USD. Whereby, its lower band is situated at $0.494, indicating significant support for the cryptocurrency. As a result of the bullish lead, the Relative Strength Index (RSI) indicator confirms the ongoing recovery. Because of the major bullish retrieval in the past 24 hours, the RSI value has now reached an index of 53.14, thus confirming the bullish victory.

XRP price analysis on the 4-hour chart: Cryptocurrency faces downside after bearish turn

The latest four-hour XRP price analysis predicts a relatively bearish sign for the ongoing price movements. The bears took over the market during the past four hours, as the selling momentum seems to be gaining strength. Although the early hours of the day remained favorable towards the upward trajectory, currently the market seems to be in a slump. The bearish cloud has resulted in a considerable loss below the $0.532 low today. However, as a result of the bullish drift that lasted during the earlier hours of the day, the moving average indicator confirms a rise. Its value has stepped up to $0.527 as a constant upward progression was recorded during the early hours of the day. 

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

The declining changes in volatility are indicative of an upcoming bullish wave. Because of the rapidly deteriorating gap between the upper and lower Bollinger bands, a massive upturn in coin value can be expected soon. The coming hours might prove favorable to cryptocurrency buyers, creating a perfect opportunity for timely investment. As a consequence of the declining volatility, the upper end of the Bollinger bands indicator has moved down to $0.540. Whereby, the lower end of the Bollinger bands indicator has switched to $0.520, resulting in decreasing support for XRP/USD. The RSI indicator is suggestive of the downturn in coin value as well. Because of the bearish turn in coin value, the RSI indicator shows a sufficient decline down to index 54.54, which is a quite average figure.

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 XRP price analysis confirms a major victory for cryptocurrency buyers since yesterday. The past 24 hours proved highly supportive for the overall cryptocurrency’s progression, as an upward movement was recorded. The XRP/USD value has climbed up the $0.532 fence today, which is a considerable achievement for investors. Whereas, if we discuss the four-hour price analysis, a negative sentiment can be observed because of the momentary bearish takeover in the past few hours of the day. Overall, the chances of recovery for the buyers seem quite pertinent and approachable for now.

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$0.539$0.610$0.653

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

The Ripple price forecast for 2026 suggests XRP 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

The 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 that XRP 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

Cryptopolitan’s XRP Price Prediction

XRP has been up by 2.61% over the last 30 days, and there are signs of going higher. According to our Ripple price analysis, XRP 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 which hints at some degree of stability as the current XRP price floats at $0.53 – $0.54. Some uncertainties do exist regarding the SEC vs Ripple case. Note the predictions are not investment advice. Seek independent professional advice and do your research.

XRP Historic Price Sentiment

  • Before 2017, the asset’s value hovered around $0.01, but, 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.
  • However, the bullish run of 2020 pushed the coin’s value to as high as $0.8 before finishing the year at $0.66.
  • Early 2021 was supposed to be bullish for XRP, but the SEC’s announcement of a lawsuit 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 when 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. XRP closed 2023 at about $0.62.
  • In 2024, XRP has so far ridden the wave of the market. The bears earlier on, and then bullish price movement by mid-March, resulting in a market price of $0.72. At the time of writing, XRP is back to February 2024 levels ($0.5 – $0.54).

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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