Table of contents
- XRP Prediction Highlights
- XRP Long Term Predictions 2024 & 2025 till 2030
- Short term XRP Price Prediction
- XRP Price Forecast 2024
- XRP Price Prediction 2025
- XRP Price Prediction 2026
- Ripple Price Forecast 2027
- Ripple Prediction 2028
- Ripple Forecast 2029
- Ripple Prediction 2030
- InvestingHaven’s Analyst XRP Price Prediction
- XRP Historical Price Analysis
- Conclusion
- FAQs
XRP Prediction Highlights
Ripple is a money transfer network designed to serve the needs of the financial services industry. XRP is the native crypto token of the Ripple network.
Key highlights
- XRP price will find resistance around $0.5 and support around $0.41 in April of 2024.
- Throughout 2024, XRP is expected to move between $0.45 and $1.41 with an average forecasted price of $0.85.
- The forecaster at InvestingHaven predicts XRP to move in a range between $0.40 and $0.88 throughout 2024 but increases upside targets for 2025 and 2026 to $3 and ultimately $10.
XRP price, trading volume, market cap – coming soon!
XRP Long Term Predictions 2024 & 2025 till 2030
Experts forecast that Ripple (XRP) could vary significantly between 2024 and 2030, with potential support at $0.16 and resistance up to $1.41. 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 price prediction | Support | Average price | Resistance |
|---|---|---|---|
| XRP price 2024 | $0.45 | $0.85 | $1.41 |
| XRP price 2025 | $0.18 | $0.38 | $0.61 |
| XRP price 2026 | $0.16 | $0.28 | $0.35 |
| XRP price 2027 | $0.19 | $0.28 | $0.36 |
| XRP price 2028 | $0.18 | $0.26 | $0.37 |
| XRP price 2029 | $0.16 | $0.26 | $0.37 |
| XRP price 2030 | $0.18 | $0.25 | $0.32 |
| XRP price 2031 | $0.22 | $0.27 | $0.36 |
Short term XRP Price Prediction
Over the next 30 days, Ripple (XRP) is predicted to trade with a minimum price or support level of $0.37 and face resistance at $0.51. Analysts anticipate the average price of XRP to be around $0.50. Currently at its resistance level, Ripple may stabilize near this midpoint.
| XRP price prediction | Support | Average price | Resistance |
|---|---|---|---|
| April 20, 2024 | $0.48 | $0.49 | $0.51 |
| April 21, 2024 | $0.49 | $0.5 | $0.51 |
| April 22, 2024 | $0.48 | $0.49 | $0.51 |
| April 23, 2024 | $0.47 | $0.48 | $0.5 |
| April 24, 2024 | $0.46 | $0.47 | $0.49 |
| April 25, 2024 | $0.43 | $0.45 | $0.46 |
| April 26, 2024 | $0.46 | $0.48 | $0.5 |
| April 27, 2024 | $0.44 | $0.48 | $0.5 |
| April 28, 2024 | $0.46 | $0.47 | $0.48 |
| April 29, 2024 | $0.43 | $0.44 | $0.45 |
| April 30, 2024 | $0.41 | $0.42 | $0.43 |
| May 1, 2024 | $0.41 | $0.42 | $0.43 |
| May 2, 2024 | $0.4 | $0.42 | $0.43 |
| May 3, 2024 | $0.4 | $0.4 | $0.41 |
| May 4, 2024 | $0.41 | $0.41 | $0.43 |
| May 5, 2024 | $0.4 | $0.41 | $0.42 |
| May 6, 2024 | $0.38 | $0.38 | $0.39 |
| May 7, 2024 | $0.37 | $0.38 | $0.39 |
| May 8, 2024 | $0.41 | $0.44 | $0.47 |
| May 9, 2024 | $0.4 | $0.41 | $0.42 |
| May 10, 2024 | $0.4 | $0.41 | $0.42 |
| May 11, 2024 | $0.43 | $0.45 | $0.47 |
| May 12, 2024 | $0.43 | $0.46 | $0.48 |
| May 13, 2024 | $0.44 | $0.46 | $0.48 |
| May 14, 2024 | $0.44 | $0.45 | $0.46 |
| May 15, 2024 | $0.45 | $0.47 | $0.49 |
| May 16, 2024 | $0.43 | $0.45 | $0.46 |
| May 17, 2024 | $0.44 | $0.45 | $0.47 |
| May 18, 2024 | $0.4 | $0.42 | $0.44 |
| May 19, 2024 | $0.42 | $0.44 | $0.45 |
XRP Price Forecast 2024
In 2024, XRP is forecasted to have a minimum price or support at $0.45, with potential resistance at $1.41. Analysts predict an average price of $0.93 for XRP throughout the year. Currently priced at $0.51, Ripple is expected to approach these higher predicted levels as the year progresses.
| XRP price prediction | Support | Average price | Resistance |
|---|---|---|---|
| May 2024 | $0.45 | $0.55 | $0.71 |
| June 2024 | $0.52 | $0.65 | $0.76 |
| July 2024 | $0.54 | $0.67 | $0.8 |
| August 2024 | $0.63 | $0.79 | $0.93 |
| September 2024 | $0.63 | $0.91 | $1.25 |
| October 2024 | $0.89 | $1.09 | $1.38 |
| November 2024 | $0.79 | $1.06 | $1.41 |
| December 2024 | $0.82 | $1.06 | $1.27 |
XRP Price Prediction 2025
Experts see a conservative trend for XRP in 2025, with the price expected to range from a low support of $0.18 to a maximum of $0.61. The average price is projected at $0.38, indicating a possible consolidation phase for investors in the Ripple ecosystem.
| XRP price prediction | Support | Average price | Resistance |
|---|---|---|---|
| 2025 | $0.18 | $0.38 | $0.61 |
XRP Price Prediction 2026
In 2026, XRP is forecasted to exhibit subdued market movements with a support level at $0.16 and a peak resistance at $0.35. The average price is estimated at $0.28, reflecting tighter trading conditions and lower volatility in XRP’s valuation.
| XRP price prediction | Support | Average price | Resistance |
|---|---|---|---|
| 2026 | $0.16 | $0.28 | $0.35 |
Ripple Price Forecast 2027
By 2027, analysts predict XRP will maintain steady support around $0.19 and face resistance up to $0.36. The expected average price for the year stands at $0.28, suggesting stability in XRP’s market presence.
| XRP price prediction | Support | Average price | Resistance |
|---|---|---|---|
| 2027 | $0.19 | $0.28 | $0.36 |
Ripple Prediction 2028
For 2028, industry forecasts suggest XRP will experience minimal fluctuations, with support and resistance levels at $0.18 and $0.37, respectively. An average price of $0.26 is anticipated, hinting at a calm trading year for XRP.
| XRP price prediction | Support | Average price | Resistance |
|---|---|---|---|
| 2028 | $0.18 | $0.26 | $0.37 |
Ripple Forecast 2029
Predictions for XRP in 2029 indicate a maintained support at $0.16 and resistance at $0.37, with an average price of $0.26. This forecast suggests a continuation of stable, albeit modest, market conditions for XRP.
| XRP price prediction | Support | Average price | Resistance |
|---|---|---|---|
| 2029 | $0.16 | $0.26 | $0.37 |
Ripple Prediction 2030
By 2030, XRP is expected to find support at $0.18 and resistance at $0.32, with an average market price of $0.25. These predictions reflect a conservative outlook for XRP, focusing on gradual growth and resilience in the cryptocurrency landscape.
| XRP price prediction | Support | Average price | Resistance |
|---|---|---|---|
| 2030 | $0.18 | $0.25 | $0.32 |
Predictive Models + Humans Forecasting XRP
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’ve been long on XRP for quite a while at InvestingHaven, long before AI in general. 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 Analyst XRP Price Prediction
The basis of our XRP price prediction is the long term bullish reversal on the XRP chart. As humans, we do predictions based on chart patterns. The long term bullish reversal of XRP suggests that XRP will go back to $3 sooner or later. The pre-requisite for this: XRP has to respect support around $0.33.
More specifically, we need XRP 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 bullish target might be touched in 2024 but 2025 is the more likely path to $3.
This chart view makes it even more clear – it confirms the chart setup and findings outlined above. What stands out on this XRP chart is the W-structure. This chart pattern clearly suggests that XRP will sooner or later go to $3 which will not be the endpoint, we believe the endpoint of this pattern is $9 at ‘a’ certain point in the period 2025-2027.
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 Ripple 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?
Ripple’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.