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
| Cryptocurrency | Ripple |
| Token | XRP |
| Price | $0.542 |
| Market Cap | $30,814,037,898.24 |
| Trading Volume | $638,218,170.16 |
| Circulating Supply | 56,706,436,160 XRP |
| All-time High | $3.84 Jan 04, 2018 |
| All-time Low | $0.002802 July 07, 2014 |
| 24-hour High | $0.5453 |
| 24-hour Low | $0.5377 |
XRP price prediction: Technical analysis
| Metric | Value |
| Volatility | 4.92% |
| 50-Day SMA | 0.57349 |
| 200-Day SMA | 0.553236 |
| Sentiment | Bearish |
| Fear & Greed | 37 (Fear) |
| Green Days | 15/30 (50%) |
XRP technical analysis: XRP devalues to $0.542 amidst downside
TL;DR Breakdown:
- XRP price analysis confirms a downward trend at $0.542.
- The cryptocurrency has lost up to 0.59% of its value today.
- XRP coin prices are seeking resistance around $0.570.
On 20 October 2024, XRP price analysis confirmed a downward trend regarding the ongoing market events. Coin value has depreciated down to $0.542 low in the past 24-hours. Side by side, the currency has devalued up to 0.59% amidst the growing selling pressure. The bears remained on the leading end throughout the past week, which resulted in sufficient decline.
XRP price analysis on the daily timeframe
The one-day price chart of XRP coin revealed a downward trend for the cryptocurrency. Coin value has depreciated to $0.542 low during the day. The cryptocurrency has lost up to 0.59% of value over the past 24-hours. This marks an overall bearish sentiment for the market. As the volatility is declining, there is a higher chance of reversal in the market events.
The gap between the Bollinger bands determines market volatility. As this gap is narrowing down, this refers to lower market unpredictability. Moreover, the upper limit of the Bollinger bands indicator, acting as the resistance band, is at $0.570. Conversely, the lower limit of the Bollinger bands indicator, whereas the support band, is at $0.509.
The Relative Strength Index (RSI) indicator is hovering within the neutral region. Its value has been reduced to 46.50 in the past 24-hours. The declining curve on the RSI graph is suggestive of a bearish market. Moreover, this decreasing movement confirms that the selling activities remained higher as compared to the buying activities.
XRP price analysis on the 4-hour chart
The four-hour price analysis of XRP coin revealed an increasing trend for the cryptocurrency. Coin value has increased up to $0.542 in the past four hours of the day. In the past few hours, the bulls remained on the leading end. This recovery suggests that the market is experiencing profitable circumstances.
The Bollinger bands are narrowing down, resulting in declining volatility. This declining volatility refers to lower market unpredictability for the currency. Moving ahead, the upper Bollinger band, serving as the resistance band, has shifted to $0.552. Whereas, the lower Bollinger band, acting as the support band, has moved to $0.538.
The Relative Strength Index (RSI) indicator is present within the neutral area. Its value has ascended up to index 47.95 in the past four hours. The sharp bullish curve on the RSI graph refers to a positive market. The buying activities have been intensifying over the last four hours of the day. If the buying pressure continues to rise, there are further chances of recovery for the currency.
XRP technical indicators: Levels and action
Daily simple moving average (SMA)
| Period | Value ($) | Action |
| SMA 3 | 0.601899 | SELL |
| SMA 5 | 0.604657 | SELL |
| SMA 10 | 0.598057 | SELL |
| SMA 21 | 0.593453 | SELL |
| SMA 50 | 0.57349 | SELL |
| SMA 100 | 0.554596 | SELL |
| SMA 200 | 0.553236 | SELL |
Daily exponential moving average (EMA)
| Period | Value | Action |
| EMA 3 | 0.588127 | SELL |
| EMA 5 | 0.583391 | SELL |
| EMA 10 | 0.579376 | SELL |
| EMA 21 | 0.57542 | SELL |
| EMA 50 | 0.560409 | SELL |
| EMA 100 | 0.547846 | SELL |
| EMA 200 | 0.54686 | SELL |
What to expect from XRP price analysis
Ripple price analysis for the day gives out a highly bearish prediction regarding the ongoing market events. Coin value has dropped down to $0.542 over the past 24-hours, as the bears remained on the leading end. The cryptocurrency has lost up to 0.59% of its value during the day. Technical indicators are giving out a selling signal; side by side, the price charts continue to present a bearish overview. However, in the past four hours, an upturn in price was recorded as the bulls secured a win.
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 $0.542. The RSI has also turned downward, 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 $0.417.
| Period | Potential Low ($) | 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 $0.5425.
| Period | Potential Low ($) | Average Price ($) | Potential High ($) |
| XRP price prediction 2024 | $0.5425 | $0.5625 | $0.5882 |
XRP price predictions 2025-2030
| Year | Minimum | Average | Maximum |
| 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 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 $0.5882 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.
