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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$0.538
Market Cap$29,781,610,957
Trading Volume$957,210,199
Circulating Supply55,430,475,754
All-time High$3.84 Jan 04, 2018
All-time Low$0.002802 July 07, 2014
24-hour High$0.5399
24-hour Low$0.5238

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 hikes past $0.538 after an upswing

TL;DR Breakdown

  • XRP price analysis confirms an uptrend.
  • The coin value has advanced up to $0.538.
  • Support is available at $0.494 extreme.

The latest one-day and four-hour XRP price analysis for May 27, 2024, indicates signs of a highly bullish scenario. The past week proved to be relatively favorable for the bulls. However, a downtrend was recorded yesterday as the bears attempted to evade the leading position. The bearish resistance was overcome by the bulls today, as a strong bullish swing has been observed for the past 24 hours. The buying pressure has been intensifying today, as the bulls seem to have regained their previous strength. Because of the rising bullish pressure during the past 24 hours, the XRP/USD pair has achieved a considerable recovery beyond the $0.538 horizon.

XRP price analysis on a daily timeframe: A bullish comeback intensifies recovery beyond $0.538

The latest one-day XRP price analysis indicates a strong bullish win for the cryptocurrency today. The bears managed to take over the market yesterday, securing a huge feat. However, the buying activity remained relatively high as compared to the selling activity today. The buying pressure has been on the aggravating side for the past 24 hours, as the bullish momentum is heightening continuously. Because of the upside recorded during the day, the cryptocurrency value has sought a noticeable recovery above the $0.538 high. Because of the bullish trend recorded during the past two weeks, the Moving Average (MA) value has heightened massively. The coin value is now above the Moving Average indicator’s curve, which is yet another sign of bullish supremacy. Because of the upturn in the past few weeks, the overall moving average value has spiked up to $0.531. There is a high chance that the cryptocurrency value can find further chances of growth this week. 

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

The area between the upper and lower boundaries of the Bollinger bands indicator seems to be on the expanding side. This is a sign of increasing volatility, which means that the next few days can prove favorable for cryptocurrency sellers. A downturn might be recorded over the span of the next few days because of the recent changes in volatility. The changing volatility has led the upper boundary of the Bollinger bands indicator above $0.547, marking resistance. Whereby, the lower boundary of the Bollinger bands indicator is present at $0.494, which determines steady support for the cryptocurrency. The Relative Strength Index (RSI) indicator confirms the recent shifts in price movements. The price movements remained on the bullish side in the past few days, and as a result, the RSI value has returned to an index 54.61, quite a neutral figure. If the bulls remain persistent in the next few days, the RSI value can gain further improvement as well.

XRP price analysis on the 4-hour chart: A downturn results in depreciation below $0.538

The recent four-hour XRP price analysis depicts a downtrend for the cryptocurrency. Although a massive bullish strike was observed during the earlier hours of the day, currently the market trends are going bearish. The bears have made a return on the four-hour price chart as the selling pressure has remained high in the past few hours. Because of the downward price movement in the past four hours, the cryptocurrency value has depreciated below the $0.538 marker. If we talk about the Moving Average (MA) value, then it has deteriorated below $0.532. That is because of the downswing noticed yesterday as the bearish wave took over the market. If the selling pressure aggravates continuously, chances of further losses for the cryptocurrency seem to be up close.

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

The area between the Bollinger bands seems to be converging, which is an indicator of declining volatility. The decreasing volatility is suggestive of an upcoming bullish turn in market events. Because of the declining shift in volatility, the upper extreme of the Bollinger bands indicator has shifted to $0.543, marking resistance for the cryptocurrency. Whereas, if we discuss the lower band of the Bollinger bands indicator, its lower extreme is currently found at $0.526, indicating strong support for the cryptocurrency. The RSI indicator confirms the bearish change in market trends in the past four hours. Because of the bearish price movement, the RSI graph displays a descending slope. Its overall value has deteriorated to index 57.65, which is still an 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 Ripple price analysis confirms an increasing trend for the cryptocurrency today. The bullish trend remained considerably strong during the past 24 hours, as the bulls secured a steady comeback once again. Because of the rising buying activity today, the overall cryptocurrency value has sought recovery above the $0.538 margin. Whereby, the four-hour price analysis presents an alternate scenario as the bears remained on the dominant end during the past few hours. However, chances of a turnover can be expected in the coming hours, which is a positive sign for cryptocurrency investors.

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.

Donald Trump’s recent visit to the Libertarian National Convention leaves uncanny impact on the crypto market, boosting XRP exchange.

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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