XRP price prediction 2024-2030: Will XRP reach $1?

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

XRP price prediction: Technical analysis

XRP technical analysis: Cryptocurrency recovers above $2.238 high

TL;DR Breakdown:

• XRP price analysis confirmed an increasing trend at $2.238.
• Cryptocurrency has gained up to a 0.79% boost during the day. 
• XRP coin prices are targeting the next resistance around $2.685.

On December 20, 2024, XRP price analysis revealed an upward market trend for the cryptocurrency. Coin value has spiked up to $2.238 amidst the rising bullish momentum. Moreover, the cryptocurrency received up to 0.79 percent of boost through the day. Despite the bearish tide in the earlier part of this week, today the bulls remained on the winning side.

XRP price analysis on the daily timeframe

The one-day price chart of XRP coin confirmed an increasing trend for the currency. Cryptocurrency value has stepped up to a $2.238 high in the past 24 hours. As the volatility is receding, there is a lower chance of reversal in the coming market trends.

The area between the Bollinger bands determines the market volatility. As this area is converging, this refers to a declining volatility. Moving on, the upper end of the Bollinger Bands indicator, serving as the resistance, has shifted to $2.685. Whereas, its lower end, acting as the support band, has moved to $2.136.

The Relative Strength Index (RSI) indicator is present within the neutral area. Its value has spiked up to index 54.43 in the past 24 hours. The buying activities remained relatively high today, leading to a noticeable recovery. If the bullish pressure continues to accelerate, the market can enter a period of stability. 

XRP price analysis on the 4-hour chart

The four-hour price analysis of XRP coin confirmed an increasing market trend for the cryptocurrency. XRP/USD value has sought a bullish recovery above the $2.238 high today. Green candlesticks on the four-hour price chart indicate an upward momentum. 

The Bollinger bands are converging, leading to a decreasing volatility. This decrease in the volatility refers to a relatively lower market unpredictability. Moreover, the upper limit of the Bollinger Bands indicator, acting as the resistance, has shifted to $2.693. Whereas, its lower limit, serving as the support, has moved to $2.058.

The RSI indicator is present within the neutral area. Its value has improved up to index 44.81 over the past four hours. The ascending curve on the RSI graph marks a rising bullish strength. The bulls took over the market in the last few hours, resulting in a considerable recovery. The current price movements refer to a balanced trading environment.

XRP technical indicators: Levels and action

Daily simple moving average (SMA)

Daily exponential moving average (EMA)

What to expect from XRP price analysis

Ripple price analysis gives out a bullish prediction regarding the ongoing market events. Coin value has increased up to $2.238 high in the past 24 hours. Side by side, the cryptocurrency gained up to 0.79% of value through the day. The bears remained on the leading end in the earlier part of the week. However, today the bulls bounced back, leading to a noticeable recovery. Technical indicators give out a neutral verdict; however, the price charts are favoring the bulls.

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 up?

The XRP/USD crypto pair price has increased today as the buyinh influx was abruptly taken, taking the price to $2.238. The RSI has also turned upward, and above 50, the continual upside can lead beyond the neutral region.

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.

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.

XRP price predictions 2025-2030

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 suggest 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 price 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 the expected peak value.

XRP market price prediction: Analysts’ XRP price forecast

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.

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