XRP price prediction 2024-2030: Is $1 coming soon?

Key takeaways

• The XRP price prediction suggests that the coin’s price can increase by 25%, reaching the $0.6686 level by the end of 2024.
• The growing adoption rate of the XRP Ledger Protocol could push XRP to $1.85- $2.12 in 2027.
• In 2030, the target price for XRP is between $6.04 and $7.08, with an average price of $6.25.

Experts believe that XRP’s future performance is promising for several reasons. For one thing, 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.

It remains to be seen whether it will reach new highs or continue to grow steadily, but this crypto asset will undoubtedly continue to play an important role in global financial institutions.

Is XRP a good investment? Will Ripple ever go up? Where will XRP be in 5 years? Let’s answer them using our XRP price prediction.

Overview

Cryptocurrency	Ripple
Token	XRP
Price	$0.603
Market Cap	$33,666,760,539
Trading Volume	$949,662,150
Circulating Supply	55,960,868,753 XRP
All-time High	$3.84 Jan 04, 2018
All-time Low	$0.002802 July 07, 2014
24-hour High	$0.6089
24-hour Low	$0.5875

XRP price prediction: Technical analysis

Metric	Value
Volatility	3.27%
50-Day SMA	0.505289
100-Day SMA	0.556861
Sentiment	Bearish
Fear & Greed	50 (Neutral)
Green Days	14/30 (47%)

XRP technical analysis: XRP seeks a bullish recovery beyond the $0.603 high

TL;DR Breakdown

• XRP price analysis confirms an uptrend.
• The coin value has spiked up to $0.603.
• Support is present at the $0.417 extreme.

The bulls have secured a steady comeback today as buying activity spiked. Over the past 24 hours, the coin value has substantially boosted per the latest price prediction for July 27, 2024. The XRP value has risen to $0.603 because of the increasing daily price movement. If the bulls remain persistent, further upside might be recorded soon.

XRP price analysis on a daily timeframe: An upward swing leads to a hike above $0.603

The daily price analysis for Ripple predicts a highly bullish scenario. The buying activity remained considerably high compared to the selling activity today. Since yesterday, the bulls have bounced back, thereby achieving further recovery. Overall, the cryptocurrency has hit a $0.603 high amidst rising bullish strength. The moving average (MA) indicator shows an ascending curve. The indicator’s value has increased to $0.599 amidst the continuous hike in the past few weeks.

The volatility is decreasing, which suggests that no major shift in market trends should be expected. Moving on, the upper end of the Bollinger bands indicator has shifted to a $0.681 high, thus confirming the resistance levels. The lower side of the Bollinger bands indicator has moved towards a $0.417 low, indicating strong support. The RSI indicator confirms the latest changes in market events. Its value has ascended to an index of 63.46 in the last 24 hours. 

XRP price analysis on the 4-hour chart: Bullish rally continues as XRP hits $0.603 target

A strong bullish wave has enveloped the market since the early hours. Considering the bullish sentiment, green candlesticks have been dominating the four-hour price chart. The coin value has thus recovered up to $0.603 due to the continual bullish stream. Moreover, the moving average indicator confirms a current deterioration in its overall value. The indicator is present at a low of $0.599 because of the downside during the past few days.

The Bollinger bands indicator’s upper limit is a $0.626 high, and the lower extreme is a $0.587 low. The RSI value is 50.61, a neutral figure for now.

XRP technical indicators: Levels and action

Daily simple moving average

Period	Value ($)	Action
SMA 3	0.477353	SELL
SMA 5	0.47764	SELL
SMA 10	0.47989	SELL
SMA 21	0.484911	SELL
SMA 50	0.505289	SELL
SMA 100	0.529748	SELL
SMA 200	0.556861	SELL

Daily exponential moving average

Period	Value	Action
EMA 3	0.475792	SELL
EMA 5	0.476777	SELL
EMA 10	0.480568	SELL
EMA 21	0.488478	SELL
EMA 50	0.504665	SELL
EMA 100	0.524616	SELL
EMA 200	0.541746	SELL

What to expect from XRP Price analysis

The bulls are securing the lead as per the latest price analysis for Ripple. A considerable rise in the coin value has been recorded over the last 24 hours. The coin value has recovered up to $0.603 amidst the intensifying uptrend. Moreover, the hourly price prediction also confirms a bullish victory because of the increasing price movement. 

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 recovered today as the buying influx was abruptly taken, taking the price to $0.603. The RSI has also taken a sharp turn upward, and still below 70, the situation can lead to the overbought 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 a price reversal upward.

Will XRP reach $1?

XRP will have to surpass several resistance levels to reach $1. With a bearish trend that is not very solid and XRP’s current price action, it is possible that the coin can reach $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 low chances 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 would have to 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

• The US Securities and Exchange Commission (SEC) has reduced its proposed penalty, amounting to $2 billion, to a mere $102.6 million. However, Ripple is trying for the fine to be no more than $10 million. While an XRP enthusiast, attorney Fred Rispoli has said that the SEC case against Ripple may settle by the end of July.
• Ripple CTO David Schwartz has offered his view on the recent legal development in the case involving Craig Wright, an Australian computer scientist who claimed to be Satoshi Nakamoto, the creator of Bitcoin.

XRP price prediction July 2024

In July 2024, XRP could reach a maximum price of $0.53. The average trading price is expected to be $0.46 for the month, while the lowest it can go according to the analysis is $0.41.

Period	Potential Low ($)	Average Price ($)	Potential High ($)
XRP price prediction June 2024	$0.41	$0.46	$0.53

XRP Price Prediction 2024

Ripple price forecast for 2024 suggests that the price could reach a maximum price of $0.712 by the end of December. We expect an average trading price of $0.639 and a floor price of $0.614.

Period	Potential Low ($)	Average Price ($)	Potential High ($)
XRP price prediction 2024	$0.5886	$0.6086	$0.6686

XRP Price Predictions 2025-2030

Year	Minimum	Average	Maximum
2025	$0.8711	$0.9016	$1.01
2026	$1.25	$1.30	$1.50
2027	$1.85	$1.90	$2.12
2028	$2.75	$2.85	$3.22
2029	$4.12	$4.26	$4.90
2030	$6.04	$6.25	$7.08

XRP price prediction 2025

The Ripple price forecast for 2025 is for Ripple cryptocurrency to trade at a minimum price of $0.8711 and an average price of $0.9016. The maximum forecast price for 2025 is $1.01.

XRP price prediction 2026

The Ripple price forecast for 2026 suggests that the XRP cryptocurrency could reach a minimum price of $1.25 and an average price of $1.30. The Ripple coin is estimated to reach a maximum price of $1.50.

XRP price prediction 2027

Ripple XRP price forecast for 2027 estimates a minimum value of $1.85 and an average trading price of $1.90. The maximum price forecast for 2027 is $2.12.

Ripple price prediction 2028

The Ripple forecast for 2028 expects the price of 1 XRP to reach a minimum of $2.75 in 2028. The XRP price can reach a maximum level of $3.22, with an average price of $2.85 throughout 2028. 

XRP price prediction 2029

The Ripple coin price prediction for 2029 estimates that XRP to attain a minimum value of $4.12 and an average price of $4.26, with a maximum price of $4.90.

XRP price prediction 2030

According to the Ripple price forecast for 2030, Ripple is predicted to hit a minimum price of $6.04 and an average price of $6.25 throughout the year 2030. The maximum forecasted Ripple price for 2030 is set at $7.08.

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 $0.6686 near the end of 2024. In 2025, the XRP price will range between $0.8711 and $1.01. In 2030, the cryptocurrency will range between $6.04 and $7.08, with an average price of $6.25. It is important to consider that the predictions can change at any time and 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, but, by April 2017, XRP rose to $0.05; the gradual climb soon continued as it reached $0.25 in May showing a positive price action as Ripple continues 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 as high as $0.8 before finishing the year at $0.66.
• Early 2021 was supposed to be bullish for XRP, but the SEC announced a lawsuit 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. 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. At the time of writing on July 3, XRP is trading between $0.480 and $0.485.