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

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


Key takeaways

  • The XRP price prediction suggests that the coin’s price can increase to $0.5882 by the end of 2024.
  • The growing adoption rate of the XRP Ledger Protocol could push XRP to $1.61 with a possible maximum trading value of $1.93 in 2027.
  • In 2030, the target price for XRP is between $4.50 and $5.60, with an average price of $4.66.

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

CryptocurrencyRipple
TokenXRP
Price$0.526
Market Cap$29,757,231,239
Trading Volume$1,493,000,018
Circulating Supply56,564,039,920 XRP
All-time High$3.84 Jan 04, 2018
All-time Low$0.002802 July 07, 2014
24-hour High$0.5287
24-hour Low$0.5132

XRP price prediction: Technical analysis

MetricValue
Volatility4.92%
50-Day SMA 0.57349
200-Day SMA 0.553236
SentimentBearish
Fear & Greed37 (Fear)
Green Days15/30 (50%)

XRP technical analysis: XRP revives up to $0.526 amidst ascent

TL;DR Breakdown:

  • XRP price analysis confirms an upward trend at $0.526.
  • Cryptocurrency has gained up to 0.88% of value today.
  • XRP prices are seeking resistance around $0.638 high.

On October 4, 2024, XRP price analysis revealed an upward trend for the cryptocurrency. Coin value has increased up to $0.526 high in the past 24-hours. Side by side, the cryptocurrency has gained up to 0.88% during the day. This creates highly favorable circumstances for the buyers, as the cryptocurrency is under a bullish spell.

XRP price analysis on the daily timeframe

The one-day price chart of XRP coin revealed an increasing trend for the cryptocurrency. Coin value has advanced up to $0.526 during the day. Moreover, the overall market sentiment remains on the positive side as well. As the volatility is expanding rapidly, there is a higher chance of reversal in the market events. 

The gap between the Bollinger bands determines market volatility. Currently, the bands are widening, leading to a rise in volatility. Moreover, the upper limit of the Bollinger bands indicator, acting as the resistance band, has shifted to $0.638. Whereas, the lower limit of the Bollinger bands indicator, serving as another support, has moved to $0.529.

XRP/USD chart shows increasing volatility.

The Relative Strength Index (RSI) indicator is present close to the oversold region. However, its overall value has revived up to 37.72 in the past 24-hours. The ascending curve on the RSI graph marks a bullish victory and a positive market scenario. The market sentiment has turned on the bullish end, as the buying activities are continuously intensifying. 

XRP price analysis on the 4-hour chart

The four-hour price analysis of XRP coin revealed a bullish scenario regarding the ongoing market events. Coin value has increased up to $0.526 high in the past four hours. That is because the buying pressure is advancing once again, and the bulls have secured sufficient victories throughout the day. 

The volatility is shrinking as the Bollinger bands are converging. This indicates higher market unpredictability for the currency. Moving on, the upper Bollinger band, acting as resistance, has moved to $0.636. Whereas, the lower Bollinger band, serving as support, has shifted to $0.481.

XRP/USD 4-hour price chart

The RSI indicator has entered the oversold region. Currently at 28.85, however, moving upwards, this indicates a bullish market. The bulls took over the market in the past few hours, earning substantial recovery for the cryptocurrency. If the bullish activity continues to accelerate, further ascent in RSI value could be expected soon.

XRP technical indicators: Levels and action

Daily simple moving average (SMA)

PeriodValue ($)Action
SMA 3 0.601899SELL
SMA 5 0.604657SELL
SMA 10 0.598057SELL
SMA 21 0.593453SELL
SMA 50 0.57349SELL
SMA 100 0.554596SELL
SMA 200 0.553236SELL

Daily exponential moving average (EMA)

PeriodValueAction
EMA 3 0.588127SELL
EMA 5 0.583391SELL
EMA 10 0.579376SELL
EMA 21 0.57542SELL
EMA 50 0.560409SELL
EMA 100 0.547846SELL
EMA 200 0.54686SELL

What to expect from XRP price analysis

Ripple price analysis for the day gives out a highly bullish prediction regarding the ongoing market events. Coin value has increased up to $0.526 during the day considering the rising bullish momentum. Moreover, XRP coin has gained up to 0.88% of recovery in the past 24-hours. Currently, the bulls have secured the leading position, and further recovery seems to be on the way soon. Technical indicators give out a negative signal; however, the price charts continue to support 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 buying influx was abruptly taken, taking the price to $0.526. The RSI has also turned upward, and below 50, the situation can lead to 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

  • Ripple expands in Brazil despite the blockade in the US. By collaborating with Mercado Bitcoin, the biggest cryptocurrency exchange in Brazil, Ripple, a top provider of digital asset infrastructure, has broken through the most recent potential blockage imposed by the US government.
  • The Securities and Exchange Commission filed an appeal against a 2023 court decision holding that XRP is not a security when it is sold on exchanges to individual investors. “XRP’s status as a non-security is the law of the land today, and that does not change even in the face of this misguided and infuriating appeal,” Garlinghouse said on X. The XRP price tumbled by 9% just the day after the appeal was filed.

XRP price prediction October 2024

According to XRP price prediction, in October 2024, XRP could reach a maximum expected XRP price of $0.637. The average trading price is expected to be $0.586 for the month, while the lowest it can go as per XRP cost estimation is $0.417.

PeriodPotential Low ($)Average Price ($)Potential High ($)
XRP price prediction October 2024$0.417$0.586$0.637

XRP price prediction 2024

XRP price prediction for 2024 suggests that the price could reach a maximum price of $0.5882 by the end of December. We expect an average trading price of $0.5625 and a floor price of $0.5425.

PeriodPotential Low ($) Average Price ($)Potential High ($)
XRP price prediction 2024$0.5425$0.5625$0.5882

XRP price predictions 2025-2030

YearMinimumAverageMaximum
2025$0.8027$0.8252$0.9585
2026$1.11$1.14$1.38
2027$1.55$1.61$1.93
2028$2.23$2.30$2.70
2029$3.22$3.34$3.85
2030$4.50$4.66$5.60

XRP price prediction 2025

The XRP price prediction for for 2025 is a minimum price of $0.8027 and an average price of $0.8252. The maximum forecast price for 2025 is $0.9585.

XRP price prediction 2026

The XRP price predictions for 2026 suggests that the XRP cryptocurrency could reach a minimum trading price of $1.11 and an average price of $1.14. The XRP price forecast further suggests that the Ripple coin is estimated to reach a maximum price of $1.38.

XRP price prediction 2027

Ripple XRP price prediction for 2027 estimates a minimum value of $1.55 and an estimated average XRP price of $1.61. The maximum price forecast for 2027 is $1.93 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 $2.23 in 2028. The XRP price can reach a maximum level of $2.70; according to the XRP price forecast, the estimated average trading value is expected to be $2.30 throughout 2028. 

XRP price prediction 2029

The XRP price prediction for 2029 estimates that XRP to attain a minimum XRP price of $3.22 and an average trading price of $3.34, with a maximum price of $3.85 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 $4.50 and an average expected trading cost of $4.66 throughout the year 2030. The maximum forecasted Ripple price for 2030 is set at $5.60 as expected peak value.

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

Our forecast shows that XRP will achieve a high price of $0.5882 near the end of 2024. In 2025, the XRP price will range between $0.8027 and $0.9585. In 2030, the cryptocurrency will range between $4.50 and $5.60, with an average price of $4.66. 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.
  • In September 2024 XRP recovered up to $0.642 level but it came down to $518 range in October.





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