XRP Price Prediction Highlights
XRP is the native cryptocurrency of the Ripple network. It’s used as a bridge currency for facilitating cross-border transactions on Ripple’s network.
Key highlights
- XRP price will find resistance around $0.55 and support around $0.29 in April of 2024.
- Throughout 2024, XRP is expected to move between $0.41 and $0.58 with an average forecasted price of $0.47.
- The forecaster at InvestingHaven predicts XRP to move in a range between $0.40 and $0.88 throughout 2024 but increases upside targets dramatically for 2025 and 2026 to $3 and ultimately $9 to $10.
Table of contents
- XRP Long Term Predictions till 2030
- XRP Price Prediction 2024
- InvestingHaven’s XRP Price Forecast 2024
- XRP Price Prediction 2025
- InvestingHaven’s XRP Price Forecast 2025
- Very Short Term XRP Prediction
- Very Long Term XRP Predictions
- XRP Prediction 2026
- XRP Forecast 2027
- XRP Prediction 2028
- XRP Forecast 2029
- XRP Prediction 2030
- XRP Historical Price Analysis
- Conclusion
- FAQs
XRP price, trading volume, market cap – coming soon!
XRP Long Term Predictions till 2030
Experts forecast that Ripple (XRP) could vary significantly between now and 2030, with potential support at $0.41 and resistance up to $1.86. The average price is expected to stabilize around $0.62. Currently priced at $0.51, XRP may see an upward trend reaching these predicted highs.
| XRP prediction | Minimum | Average | Maximum |
|---|---|---|---|
| XRP price 2024 | $0.41 | $0.47 | $0.58 |
| XRP price 2025 | $0.41 | $0.53 | $0.59 |
| XRP price 2026 | $0.5 | $0.92 | $1.79 |
| XRP price 2027 | $0.91 | $1.34 | $1.7 |
| XRP price 2028 | $0.8 | $1.36 | $1.86 |
| XRP price 2029 | $0.81 | $1.3 | $1.66 |
| XRP price 2030 | $0.7 | $1.09 | $1.56 |
XRP Price Prediction 2024
XRP is forecasted to see a price range from a support of $0.41 to a resistance of $0.58 in 2024, with an average trading value of $0.47. This indicates a moderate increase from today’s price, positioning XRP as a potentially stable investment in the Ripple network.
| XRP prediction | Minimum | Average | Maximum |
|---|---|---|---|
| May 2024 | $0.45 | $0.49 | $0.58 |
| June 2024 | $0.43 | $0.46 | $0.52 |
| July 2024 | $0.43 | $0.48 | $0.55 |
| August 2024 | $0.41 | $0.47 | $0.53 |
| September 2024 | $0.42 | $0.47 | $0.52 |
| October 2024 | $0.42 | $0.47 | $0.53 |
| November 2024 | $0.41 | $0.47 | $0.51 |
| December 2024 | $0.41 | $0.46 | $0.53 |
InvestingHaven’s XRP Price Forecast 2024
As useful as predictive models can be, we strongly believe in the power of combining them with human expertise for optimal results. After all, the blockchain industry is completely new and is just starting to establish trends. It also has a lack of credible data sources, making it difficult for any model to make accurate conclusions. It’s the birth of an entirely new industry.
We can, however, extrapolate on human psychology and established trading patterns to make informed judgements about expected price movements, taking the appropriate risk management procedures.
We believe that XRP can hit $10 based on previous trading patterns, network fundamentals, and market opportunities. It has exceptional long term potential that AI is not picking up on.
InvestingHaven’s forecaster on the price of XRP in 2024:
XRP needs to respect the rising trendline that connects the lows of 2020, 2021 and 2022. If XRP moves lower, it should find support around $0.33. Alternatively, a move higher should bring it to $0.88. Once above $0.88, we see $3 as the most obvious target. This setup suggests the following for XRP in 2024: XRP will move in 2024 either between $0.44 and $0.88 or in the $0.33 to $0.66 range.
XRP Price Prediction 2025
By 2025, experts predict XRP will maintain a steady base at $0.41, while potentially reaching up to $0.59. The average price is expected to enhance to $0.53, reflecting incremental growth and sustained investor interest in Ripple.
| XRP prediction | Minimum | Average | Maximum |
|---|---|---|---|
| 2025 | $0.41 | $0.53 | $0.59 |
InvestingHaven’s XRP Price Forecast 2025
If we pivot to pure chart analysis, we see that the long term bullish reversal on the chart of XRP has a very bullish structure. It suggests that XRP will go back to $3 sooner or later. The pre-requisite for this: XRP has to respect support around $0.33.
InvestingHaven’s forecaster on the price of XRP in 2025:
InvestingHaven’s XRP price prediction for 2025 is based on its long term bullish reversal. Our analysts combine price, timeline and pattern analysis. XRP will go to $3 which will not be the endpoint. This pattern suggests that $9 will be hit at ‘a’ certain point in 2025.
Very Short Term XRP Prediction
Over the next 30 days, Ripple (XRP) is predicted to trade with a minimum price or support level of $0.43 and face resistance at $0.56. Analysts anticipate the average price of XRP to be around $0.49. Currently at its resistance level, Ripple may stabilize near this midpoint.
| XRP prediction | Minimum | Average | Maximum |
|---|---|---|---|
| May 2, 2024 | $0.5 | $0.52 | $0.53 |
| May 3, 2024 | $0.51 | $0.52 | $0.53 |
| May 4, 2024 | $0.5 | $0.51 | $0.53 |
| May 5, 2024 | $0.51 | $0.52 | $0.54 |
| May 6, 2024 | $0.5 | $0.51 | $0.52 |
| May 7, 2024 | $0.48 | $0.5 | $0.51 |
| May 8, 2024 | $0.48 | $0.49 | $0.51 |
| May 9, 2024 | $0.48 | $0.5 | $0.51 |
| May 10, 2024 | $0.52 | $0.53 | $0.54 |
| May 11, 2024 | $0.52 | $0.54 | $0.55 |
| May 12, 2024 | $0.51 | $0.52 | $0.54 |
| May 13, 2024 | $0.52 | $0.53 | $0.54 |
| May 14, 2024 | $0.52 | $0.53 | $0.55 |
| May 15, 2024 | $0.5 | $0.51 | $0.52 |
| May 16, 2024 | $0.49 | $0.5 | $0.51 |
| May 17, 2024 | $0.48 | $0.49 | $0.5 |
| May 18, 2024 | $0.45 | $0.46 | $0.47 |
| May 19, 2024 | $0.46 | $0.47 | $0.48 |
| May 20, 2024 | $0.46 | $0.48 | $0.5 |
| May 21, 2024 | $0.45 | $0.47 | $0.48 |
| May 22, 2024 | $0.42 | $0.43 | $0.44 |
| May 23, 2024 | $0.4 | $0.41 | $0.43 |
| May 24, 2024 | $0.37 | $0.39 | $0.4 |
| May 25, 2024 | $0.34 | $0.34 | $0.35 |
| May 26, 2024 | $0.34 | $0.35 | $0.36 |
| May 27, 2024 | $0.35 | $0.36 | $0.38 |
| May 28, 2024 | $0.32 | $0.33 | $0.33 |
| May 29, 2024 | $0.31 | $0.32 | $0.33 |
| May 30, 2024 | $0.31 | $0.32 | $0.33 |
| May 31, 2024 | $0.29 | $0.31 | $0.31 |
Very Long Term XRP Predictions
XRP Prediction 2026
In 2026, XRP could dramatically expand its value, with forecasts showing a minimum price of $0.50 and a maximum of $1.79. The average price could surge to $0.92, suggesting significant bullish momentum and investment opportunities.
| XRP prediction | Minimum | Average | Maximum |
|---|---|---|---|
| 2026 | $0.5 | $0.92 | $1.79 |
XRP Forecast 2027
Analysts are optimistic about XRP in 2027, predicting XRP to stabilize at a support of $0.91 and rise to a resistance of $1.70. An average price of $1.34 suggests robust growth and a strong market presence.
| XRP prediction | Minimum | Average | Maximum |
|---|---|---|---|
| 2027 | $0.91 | $1.34 | $1.7 |
XRP Prediction 2028
Forecasts for 2028 see XRP maintaining solid growth with a support level of $0.80 and resistance at $1.86. The expected average price is projected at $1.36, indicating continued upward trends and investor confidence in Ripple.
| XRP prediction | Minimum | Average | Maximum |
|---|---|---|---|
| 2028 | $0.8 | $1.36 | $1.86 |
XRP Forecast 2029
XRP is expected to demonstrate steady price movements in 2029, with support at $0.81 and a maximum potential of $1.66. The average forecasted price is $1.30, affirming a consistent market valuation over the years.
| XRP prediction | Minimum | Average | Maximum |
|---|---|---|---|
| 2029 | $0.81 | $1.3 | $1.66 |
XRP Prediction 2030
By 2030, XRP is projected to trade with a minimum price of $0.70 and a resistance of $1.56. The average price could adjust to $1.09, showing a gradual increase and resilience in Ripple’s pricing dynamics.
| XRP prediction | Minimum | Average | Maximum |
|---|---|---|---|
| 2030 | $0.7 | $1.09 | $1.56 |
XRP Historical Price Analysis
2015: The Early Days
In 2015, XRP entered the scene with a modest price. Starting at around $0.01, it showed promise but hadn’t yet captured attention from investors. Throughout the year, its price fluctuated within a narrow range. At the time, the mainstream was still very hostile to financial innovation and very supportive of the existing banking infrastructure. The initial founder was Jed McCaleb, who also founded Stellar Lumens.
2016: Gaining Momentum
By 2016, XRP began to gain traction. The price saw gradual growth, reaching around $0.006 at the beginning of the year and closing at approximately $0.0065. Although still relatively low, this upward trend hinted at the potential for future gains, attracting attention from investors looking for opportunities in the cryptocurrency market.
2017: Explosive Growth
The year 2017 marked a turning point for XRP. As cryptocurrencies gained widespread attention, XRP experienced a meteoric rise in price. Starting the year at around $0.0065, it surged to extraordinary highs, reaching over $3 by the end of the year. This unprecedented growth made headlines and drew both retail and institutional investors seeking to capitalize on the digital asset’s bullish momentum. This was also the year of crypto ICOs and massive blockchain expansion in general.
2018: A Year of Correction
Following the highs of 2017, XRP faced a period of correction in 2018. The price retraced from its peak, gradually declining throughout the year. Despite this downturn, XRP maintained relatively stable support around $0.25 to $0.30, reflecting resilience amidst market volatility. Investors closely monitored developments in the cryptocurrency ecosystem, anticipating potential catalysts for renewed growth.
2019: Stability Amidst Uncertainty
In 2019, XRP demonstrated stability amidst uncertainty in the cryptocurrency market. The price remained relatively flat, hovering around the $0.30 mark for much of the year. Despite ongoing regulatory challenges and market fluctuations, XRP’s resilience bolstered investor confidence in its long-term viability as a digital asset with real-world utility.
2020: A Year of Resurgence
Amid global economic uncertainty, XRP experienced a resurgence in 2020. The price saw a steady uptrend, fueled by increased institutional interest and strategic partnerships within the financial industry. Starting the year at around $0.20, XRP surpassed $0.60 by year-end, marking a significant recovery from previous lows. This renewed momentum reignited investor enthusiasm and positioned XRP as a leading contender in the digital asset landscape. The SEC filed a case against the SEC, claiming it offered unregistered securities to investors in its ICO.
2021: New Heights and Regulatory Challenges
In 2021, XRP reached new heights amidst regulatory challenges. The price surged to over $1.50, driven by a combination of retail speculation and institutional adoption. However, a legal dispute with regulatory authorities cast a shadow over XRP’s prospects, leading to price volatility and uncertainty among investors.
2022: Navigating Turbulent Waters
Navigating turbulent waters, XRP faced headwinds in 2022. Regulatory scrutiny intensified, impacting investor sentiment and contributing to price fluctuations. The price oscillated within a range, reflecting ongoing uncertainty surrounding XRP’s regulatory status. Despite these challenges, the XRP community remained resilient, advocating for clarity and transparency in regulatory frameworks to support the digital asset’s long-term growth.
2023: Renewed Optimism
With increasing mainstream acceptance and adoption, XRP emerged as a leader in the digital asset space, attracting a diverse range of investors seeking exposure to its potential for transformative innovation. The price surged to nearly $0.80 after an SEC court victory. The outcome of its court battle with the SEC indicated that XRP was only a security when offered to institutions, but not retail inventors.
The Future of Ripple & XRP
The future appears promising for XRP as a leading digital asset with real-world utility. It remains a compelling option for those seeking exposure to innovative financial solutions and the potential for long-term growth. Ripple has more market penetration that perhaps any other Web3 ecosystem. However, the SEC is still looking to fine XRP over $2 billion, which could be yet another huge setback to the project.
Conclusion
Ripple (XRP) is one of our favorite long-term coins with good price potential. If you can consider the level of partnerships it has achieved and its premise to disrupt a $150 trillion market, along with the fact that it is trading at less than 25% of Bitcoin’s market capitalization, a $10 price is conceivable. XRP is designed to integrate easily with the banking industry at a time when it is genuinely starting to go mainstream.
Plus, from a charting perspective, it is undergoing a massive consolidation. As we continually indicate, a long and boring consolidation is what leads to a massive breakout. Ripple was also prevented from breaking out somewhat in 2021 due to the SEC case.
FAQs
Is XRP a good investment?
We believe XRP to be a great investment. It has solid fundamentals and a great reputation. It has made many strategic partnerships with a strong international presence. The network offers many solutions for banks and businesses. However, it might be a buy-and-hold coin for the foreseeable future.
How does the price of XRP correlate with Bitcoin?
XRP’s price often correlates with Bitcoin and other major cryptocurrencies due to market trends and investor sentiment, but it can also be influenced by its unique fundamentals, such as cross-border payments partnerships within the financial industry. This can sometimes lead to divergences in price movements.
What is the maximum price that XRP can achieve?
XRP could go to $10 or even $20. It has an extensive network of partnerships with key firms and a powerful ecosystem to assist the gigantic banking sector. It’s a fast net zero emissions blockchain suited for financial institutions. Plus, it is undergoing a huge consolidation, which is LT bullish.
How does XRP's supply affect its price dynamics?
XRP’s fixed total supply of 100 billion coins, with a portion held by Ripple, can impact its price dynamics. Investors may monitor Ripple’s sales of XRP from its escrow account, as large sell-offs can exert downward pressure on XRP’s price, while scarcity resulting from reduced selling contributes to price appreciation.
Will XRP 10x or 100x this year?
XRP is very unlikely to 10x or 100x this year. It is conceivable that it will 10x in 2025/2026. It won’t 100x because it is an established cryptocurrency. 100x returns are usually for nano-cap tokens. 100x coins come with additional risk. As we have written previously in our exclusive membership, 100 baggers are nearly impossible to find.