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

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

  • The XRP price prediction suggests that the coin’s price can increase to $0.6395 by the end of 2024.
  • The growing adoption rate of the XRP Ledger Protocol could push XRP to $1.76 with a possible maximum trading value of $2.08 in 2027.
  • In 2030, the target price for XRP is between $5.22 and $6.03, with an average price of $5.40.

XRP has a strong community of supporters and developers 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

Cryptocurrency Ripple
Token XRP
Price $0.579
Market Cap $32,582,605,910
Trading Volume $1,144,434,778
Circulating Supply 56,386,022,594 XRP
All-time High $3.84 Jan 04, 2018
All-time Low $0.002802 July 07, 2014
24-hour High $0.5905
24-hour Low $0.5631

XRP price prediction: Technical analysis

Metric Value
Volatility 5.03%
50-Day SMA  0.577181
200-Day SMA  0.543824
Sentiment Bearish
Fear & Greed  0.546855
Green Days 15/30 (50%)

XRP technical analysis: Downside results in devaluation below $0.579 

TL;DR Breakdown:

  • XRP price analysis shows a downward trend at $0.579.
  • Ripple has lost up to 2.49% of value during the day.
  • XRP prices are seeking resistance around $0.599 high.

On September 19, 2024, XRP price analysis revealed a downward trend for the cryptocurrency. Coin value has dropped down to $0.579 low in the past 24-hours. The cryptocurrency has lost up to 2.49% of its value if observed throughout the day. Despite the ascent in the past few days, today the bears have secured a comeback.

XRP price analysis on the daily timeframe

The 1-day price chart of the XRP coin confirms a decreasing trend for the currency. Coin value has depreciated down to $0.579 in the past 24-hours. Moreover, the overall market sentiment remains on the bearish side as well. As the volatility levels are continuously increasing, reversal in the ongoing market events is possible soon.

The gap between the Bollinger bands dictates market volatility. As this gap is currently expanding, this signifies an increase in the volatility. Moving on, the upper limit of the Bollinger bands indicator is at $0.599, securing the resistance threshold. The lower limit of the Bollinger bands indicator is at $0.515, confirming the support point.

XRP/USD chart shows increasing volatility.

The RSI indicator resides within the neutral region. Its value has dropped down to 54.24 during the day. This decreasing movement confirms a bearish trend and a downward swing. If the selling activities continue to override the buying activities, further descent in the RSI value is expected soon. The recent decline in the RSI refers to an imbalance in the trading sphere.

XRP price analysis on the 4-hour chart

The four-hour price analysis of XRP coin revealed an upward trend for the currency. Coin value has increased to $0.579 low in the past four hours. Despite the continual downswing throughout the day, currently the bulls are ruling the price chart. However, the coin value is still below the moving average, as per the earlier downside.

As the Bollinger bands are widening, the volatility levels have undergone a subtle rise. This indicates a rising market unpredictability for the coming hours. The upper side of the Bollinger bands indicator is situated at $0.595 and is at the resistance point. Conversely, the lower side of the Bollinger bands indicator is at $0.563, securing the support level.

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XRP/USD 4-hour price chart

The RSI indicator is situated within the neutral region. Its value has spiked up to 51.88 in the past few hours. This increasing movement of the RSI signifies bullish control. Moreover, the buying activities are now accelerating as the bulls have regained their momentum. This rise in the bullish strength indicates stability in the market and is an encouraging signal for the investors.

XRP technical indicators: Levels and action

Daily simple moving average (SMA)

Period Value ($) Action
SMA 3  0.562316 SELL
SMA 5  0.561884 SELL
SMA 10  0.583039 SELL
SMA 21  0.586104 SELL
SMA 50  0.577181 SELL
SMA 100  0.533344 BUY
SMA 200  0.546855 BUY

Daily exponential moving average (EMA)

Period Value Action
EMA 3  0.587772 SELL
EMA 5  0.584961 SELL
EMA 10  0.580154 SELL
EMA 21  0.575146 SELL
EMA 50  0.558478 BUY
EMA 100  0.546134 BUY
EMA 200  0.545992 BUY

What to expect from XRP price analysis

Ripple price prediction for the day gives out a bearish scenario with regards to the current price movements. XRP/USD value has descended to $0.579 during the past 24-hours. Moreover, the currency has lost up to 2.49% of its value today. The selling activities remained intense during the day, causing much loss for the coin. Technical indicators are now supporting the bulls; however, the price charts continue to give out a negative verdict.

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 down?

The XRP/USD, crypto pair price, has decreased today as the selling influx was abruptly taken, taking the price to $0.579. The RSI has also taken a turn downward, and above 50, the situation can lead below 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. 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.

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.

Does XRP have a good long-term future?

XRP is expected to increase in value gradually over the coming years. Currently, the coin is trading at the lowest level of the last year; however, it is expected to reach $7 by 2030, which makes it a valuable asset for multiple gains.

Recent news/opinions on the Ripple Network

  • On Friday, September 13, Ripple Chief Legal Officer Stuart Alderoty said the SEC vs. Ripple case is over in a post on X platform. He said, “Ripple’s case is over, but the ‘fair notice’ defense is still alive for others. The SEC cites the 2017 DAO report as industry notice that ‘crypto asset securities’ are subject to US securities laws. Seven years later, the SEC apologizes to a federal judge—surely a person of at least ‘ordinary intelligence’—for the confusion it invited by using the inherently unclear term.”
  • On September 1, Ripple made a significant number of XRP coins available via its escrow mechanism. Three stages of the transaction saw the issuance of 500 million, 200 million, and 300 million XRP tokens.

XRP price prediction September 2024

According to XRP price prediction, in September 2024, XRP could reach a maximum expected XRP price of $0.615. The average trading price is expected to be $0.579 for the month, while the lowest it can go as per XRP cost estimation is $0.543.

Period Potential Low ($) Average Price ($) Potential High ($)
XRP price prediction September 2024 $0.543 $0.579 $0.615

XRP price prediction 2024

XRP price prediction for 2024 suggests that the price could reach a maximum price of $0.6395 by the end of December. We expect an average trading price of $0.5909 and a floor price of $0.5709.

Period Potential Low ($) Average Price ($) Potential High ($)
XRP price prediction 2024 $0.5709 $0.5909 $0.6395

XRP price predictions 2025-2030

Year Minimum Average Maximum
2025 $0.8349 $0.8586 $0.9683
2026 $1.18 $1.22 $1.44
2027 $1.71 $1.76 $2.08
2028 $2.49 $2.56 $2.97
2029 $3.48 $3.61 $4.34
2030 $5.22 $5.40 $6.03

XRP price prediction 2025

The XRP price prediction for for 2025 is a minimum price of $0.8349 and an average price of $0.8586. The maximum forecast price for 2025 is $0.9683.

XRP price prediction 2026

The XRP price predictions for 2026 suggests that the XRP cryptocurrency could reach a minimum trading price of $1.18 and an average price of $1.22. The XRP price forecast further suggests that the Ripple coin is estimated to reach a maximum price of $1.44.

XRP price prediction 2027

Ripple XRP price prediction for 2027 estimates a minimum value of $1.71 and an estimated average XRP price of $1.76. The maximum price forecast for 2027 is $2.08 increasing its market cap significantly.

Ripple price prediction 2028

The Ripple price predictions for 2028 expects the price of 1 XRP to reach a minimum of $2.49 in 2028. The XRP price can reach a maximum level of $2.97; according to the XRP price forecast, the estimated average trading value is expected to be $2.56 throughout 2028. 

XRP price prediction 2029

The XRP price prediction for 2029 estimates that XRP to attain a minimum XRP price of $3.48 and an average trading price of $3.61, with a maximum price of $4.34 as per the XRP price forecast in a bullish scenario.

XRP price prediction 2030

According to the XRP price prediction for 2030, Ripple is predicted to hit a minimum XRP prices of $5.22 and an average expected trading cost of $5.40 throughout the year 2030. The maximum forecasted Ripple price for 2030 is set at $6.03 as expected peak value.

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XRP market price prediction: Analysts’ XRP price forecast

Firm Name 2024 2025
DigitalCoinPrice $1.19 $1.37
Wallet Investor $0.40 $0.86
Coincodex $ 0.65 $ 1.18

Cryptopolitan’s XRP price prediction

Our forecast shows that XRP will achieve a high price of $0.6329 near the end of 2024. In 2025, the XRP price will range between $0.8435 and $0.9901. In 2030, the cryptocurrency will range between $5.15 and $6.30, with an average price of $5.30. It is important to consider that predictions are not investment advice. Professional consultation is suggested, or you can carry out your own 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.
1726688179 892 XRP price prediction 2024 2030 Will XRP reach 1
  • 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.
  • In September 2024 XRP is trading near $0.55 range.

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