Overview
Cryptocurrency | XRP |
Token | XRP |
Price | $ 0.55551044 |
Market Cap | $ 30,114,464,151.3162 |
Trading Volume | $ 1,789,155,269.9438 |
Circulating Supply | 54,210,437,480.0000 |
All-time High | $3.84 Jan 04, 2018 |
All-time Low | $0.002802 Jul 07, 2014 |
24 High | $ 0.5793 |
24 Low | $ 0.5489 |
What’s New With Ripple?
- Ripple achieved a partial win against the U.S. Securities and Exchange Commission (SEC) in a court ruling that provided some regulatory clarity for the cryptocurrency sector.
- Ripple contended that the SEC hadn’t presented a strong enough case to justify an appeals court intervention in their ongoing legal battle.
- Ripple highlighted the differences in the two cases, noting that their case relied on evidence that Ripple made no promises or offers to purchasers in Programmatic Sales.
- The SEC has a deadline of September 8 to respond to the recent filing.
- XRP has emerged as the Preferred Cryptocurrency Over Bitcoin and Ethereum in Japan.
- SEC abandons the charges against the Ripple Executives Brad Garlinghouse and Chris Larsen.
- SEC Vs. Ripple Case comes to a potential closure on 6th November.
Ripple Price Prediction January 2024
Following the bullish failure to cross above the $0.75 resistance zone, the XRP price enters a new correction phase and forms a falling wedge pattern. Nevertheless, the correction phase finds constant support at the descending trendline hints at a strong comeback.
Further, the recent bounce back from the trendline reflects the bullish effort to sustain the dominance over the $0.50 mark. Hence, the sudden comeback from the buyers and the overall sentiment of expecting a recovery in the market add brownie points for Altcoin.
Currently, the XRP price trades at $0.5630, and an intraday fall of 0.67% is teasing a sharp pullback to the support trendline. Nevertheless, the buying pressure at the trendline may shortly spark a bull cycle to test the overhead trendline.
With the high possibility of a new challenge to the $0.70 supply, the bullish breakout of the trendline aligns with the market-wide recovery. Beyond $0.70, if a new breakout rally starts, then the buyers could drive the Ripple price to the psychological mark of $1.
On the flip side, if the supply pressure grows, then the altcoin might drop to a support level of around $0.55, nearing the 200D EMA.
XRP Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
November 2023 | $0.55 | $0.785 | $1 |
Ripple Price Prediction 2024
As 2024 unfolds, XRP’s price trajectory has diverged from the expected breakout rally, instead following a bearish path within its weekly triangle pattern. This movement is marked by significant volatility that defies typical triangle formation trends, leading to sharp fluctuations in Ripple’s price.
Presently, bearish momentum is dominant, as evidenced by the price moving down toward the support trendline after facing resistance. However, current Ripple price predictions hint at a potential bullish breakout from this weekly triangle pattern, eyeing a target of $1.
The weekly chart reveals that the recent dip in XRP’s price is testing the resilience of bullish forces at the critical support level of $0.50. Should the buyers successfully counter the prevailing selling pressure, Ripple could witness a significant recovery, enhancing the likelihood of a breakout.
A pivotal moment will be the breach of the $1 mark; surpassing this level could substantially increase the probability of the price reaching the $2.23 potential high. On the flip side, if the bearish trend persists and the price falls below $1.60, it may signal a prolonged breakdown phase.
Ripple Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
Ripple Price Prediction 2024 | 1.60 | 1.915 | 2.23 |
XRP Price Prediction 2025
With the remittances market growing every year, XRP is set to capitalize its gains in the cross-border payments market. Moreover, with low transaction fees and ultra-fast transactions, exponential growth is possible for Ripple in 2025.
XRP price prediction for 2025 sets the high at $3.38 and creates a new all-time high. However, in case of a global crisis, the XRP price might rest at $2.47, making an average of $2.925.
Ripple Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
Ripple Price Prediction 2025 | 2.47 | 2.925 | 3.38 |
XRP Price Prediction 2026 – 2030
Ripple Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
2026 | 3.53 | 4.50 | 5.47 |
2027 | 4.23 | 6.495 | 8.76 |
2028 | 9.28 | 10.69 | 12.100 |
2029 | 11.52 | 12.835 | 14.15 |
2030 | 13.80 | 15.02 | 16.24 |
XRP Price Prediction 2026
The year 2026 is likely to witness an upward momentum for XRP prices. As per XRP price prediction, it can potentially range from $3.53 to $5.47, with an average of $4.50.
This robust growth might be attributed to the resolution of the SEC lawsuit, which could lead to increased regulatory clarity. Hence, the gates are open for more institutional adoption of XRP.
XRP Price Prediction 2027
Moving into 2027, XRP’s potential price is predicted to climb even higher. As per XRP Price Prediction, it will be ranging between $4.23 and $8.76, an average of $6.495.
This growth could be facilitated by Ripple’s continuous partnerships with major financial institutions and its further integration into their payment systems, enhancing the utility and demand for XRP.
XRP Price Prediction 2028
By 2028, the analysis suggests a further acceleration in XRP’s growth. As per the XRP Price Prediction, the price can potentially reach between $9.28 and $12.10, an average of $10.69.
The growth during this period could be propelled by Ripple’s potential expansion into new use cases, such as smart contracts and decentralized applications (dApps), which would significantly increase the token’s value and utility.
XRP Price Prediction 2029
As per XRP Price Prediction 2029, XRP’s price could potentially rise to fall between $11.52 and $14.15, with a year-round average of $12.835.
Ripple’s ongoing efforts to secure more global partnerships and achieve wider adoption of its technology in the financial industry might play a pivotal role in this anticipated price rise.
XRP Price Prediction 2030
Lastly, as per the XRP Price Prediction 2030, XRP’s price is forecasted to range between $13.80 and $16.24, making an average of $15.02.
This long-term optimistic view hinges on Ripple’s increasing global recognition and adoption. As more institutions and payment systems incorporate Ripple’s technology, the demand for XRP could potentially surge, driving its value higher.
XRP Price Prediction 2023 – 2030
Market Analysis
Ripple Price Prediction | 2024 | 2025 | 2023 |
Gov.Capital | 1.69 | 2.41 | 3.12 |
DigitalCoinPrice | 1.99 | 2.84 | 3.44 |
Trading Beasts | 1.0 | 1.10 | 2.11 |
*Many market analysts are yet to update the XRP price prediction to include the actions of Ripple’s partial win in the SEC case.
CoinPedia’s Ripple (XRP) Price Prediction
With a partial win against the SEC case and the potentially upcoming institutional support and partnerships for Ripple Lab, CoinPedia’s XRP price prediction is highly bullish. According to CoinPedia’s formulated XRP price prediction, the growing positive sentiment for Ripple Labs in the crypto market and the Bitcoin Spot ETF quest will propel the XRP price to $2.23 by the end of 2023.
Even on the flip side, the highly motivated Ripply (XRP) buyers will hold the price at $1.60.
We expect the XRP coin price to reach the potential high of $2.23 in 2024.
Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
2023 | 1.60 | 1.915 | 2.23 |
Ripple (XRP) Historic Market Sentiments 2017 – 2023
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if Ripple Wins the lawsuit, will XRP Price Hit ATH in 2023?
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