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

Key takeaways

• Current XRP price prediction suggests that the coin’s price can increase by 20% which will take it to the $0.626 level by June 22, 2024.
• The growing adoption rate of the XRP Ledger Protocol could push XRP to $0.920 – $1.13 in 2025.
• In 2030, the target price for XRP is between $6.14 and $7.45, with an average price of $6.31.

There are several reasons why experts believe that XRP’s future performance is promising. For one thing, a strong community of supporters and developers continues to see tremendous potential in Ripple’s technology and products. Despite some short-term price fluctuations and a bear market, many analysts believe XRP has a bright future ahead.

Whether it will reach new highs or continue to grow steadily remains to be seen, but there is no doubt that this crypto asset will 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

XRP price prediction: Technical analysis

XRP technical analysis: XRP devalues to $0.495 amidst a downswing

TL;DR Breakdown

• XRP price analysis confirms a downtrend.
• The coin value has dropped to $0.495.
• Support is stable on the $0.470 extreme.

The one-day and four-hour XRP price analysis for June 18, 2024, indicates signs of a downward swing. Although a bullish market trend was observed in the earlier part of this week, currently the circumstances are in favor of the bears. The selling momentum has regained its intensity in the past 24 hours. Moreover, the overall value of the cryptocurrency has downgraded to $0.495 as a result of the recent bearish comeback.

XRP price analysis on a daily timeframe: A downturn leads to depreciation below $0.495

The daily XRP price analysis suggests a declining trend for the cryptocurrency today. Overall, the week proved in favor of cryptocurrency buyers as a strong upswing enveloped the market. Today, however, a prominent bearish change in market events can be recorded. The market sentiment remained towards the bearish end as a result of the heightening selling momentum. The overall value of the XRP/USD pair has deteriorated to a $0.495 low today. If we discuss the moving average (MA) indicator, then its value has experienced a downfall as well. The indicator’s curve is descending as a consequence of the on-and-off bearish activity. Its overall value has been reduced to $0.489 for now. 

The distance between the upper and lower barriers of the Bollinger bands indicator is declining. This is a sign of decreasing volatility, which is suggestive of an upcoming upward swing. The upper extreme of the Bollinger bands indicator has switched to $0.534 high, marking strong resistance. Whereas, the lower extreme of the Bollinger bands indicator has moved to a $0.470 low, indicating stable support. The Relative Strength Index (RSI) indicator confirms the major shifts in the latest price movements. Its overall value has dropped to index 46.07, with a steep slope indicating today’s bearish outlook. 

XRP price analysis on the 4-hour chart: Downtrend ensues loss down to $0.495 end

The hourly XRP price analysis dictates a highly bearish scenario for the cryptocurrency. Although a bullish strike was recorded in the early hours of the day, the bears are now back on track. The selling momentum is on the intensifying side, and a prominent bearish shift can be observed. Furthermore, the overall coin value has depreciated to $0.495 as a consequence of the latest downturn. If the bearish activity persists, further declines in the XRP/USD value are to be expected soon. The moving average (MA) curve is on the ascending side, as a clear upswing was recorded yesterday. Its overall value has spiked up to $0.501 because of the increasing trend that has followed since yesterday. 

The four-hour price chart dictates decreasing volatility as well. This declining change in volatility is predicting an approaching bullish swing for the cryptocurrency. The upper and lower bands of the Bollinger bands indicator have changed their positions considering the recent changes in volatility. Currently, the upper Bollinger band is situated at $0.512, indicating the resistance levels. Whereas, the lower Bollinger band is now occupying the $0.475 end, marking strong support for the cryptocurrency. The RSI indicator’s graph displays a steep, bearish slope. Its overall value has sunk to index 51.48, which is still an average figure.

XRP technical indicators: Levels and action

Daily simple moving average

Daily exponential moving average

What to expect from XRP Price analysis

The daily and hourly Ripple price analysis suggests a decreasing trend for the day. The bears have bounced back once again, and the selling pressure is intensifying rapidly. In the past 24 hours, the overall value of the cryptocurrency has declined below the $0.495 boundary. Whereupon, the four-hour price analysis predicts a similar market trend for the cryptocurrency as well.

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, coupled with Ripple’s strides in forging strategic partnerships, plays a pivotal role in shaping XRP’s value trajectory. As with any investment, the outlook for XRP remains subject to uncertainties, necessitating a cautious approach and thorough due diligence.

Recent News/Opinions on the Ripple Network

• Ripple CTO David Schwartz has offered his view on the recent legal development of the case involving Craig Wright, an Australian computer scientist who claimed that he is Satoshi Nakamoto, the creator of Bitcoin.

XRP price prediction June 2024

In June 2024, XRP could reach a maximum price of $0.653. The average trading price is expected to be $580 for the month, while the lowest it can go according to the analysis is $0.487.

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.

XRP Price Predictions 2025-2030

XRP price prediction 2025

The Ripple price forecast for 2025 is for Ripple cryptocurrency to trade at a minimum price of $0.8768 and an average price of $0.9023. The maximum forecast price for 2025 is $1.06.

XRP price prediction 2026

The Ripple price forecast for 2026 suggests XRP cryptocurrency could reach a minimum price of $1.24 and an average price of $1.29. Ripple coin is estimated to reach a maximum price of $1.52.

XRP price prediction 2027

Ripple XRP price forecast for 2027 estimates a minimum value of $1.75 and an average trading price of $1.80. The maximum price forecast for 2027 is $2.14.

Ripple price prediction 2028

The Ripple forecast for 2028 expects the price of 1 XRP to reach a minimum of $2.59 in 2028. The XRP price can reach a maximum level of $3.02, with an average price of $2.66 throughout 2028. 

XRP price prediction 2029

The Ripple coin price prediction for 2029 estimates that XRP to attain a minimum value of $3.95 and an average price of $4.06, with a maximum price of $4.45.

XRP price prediction 2030

According to the Ripple price forecast for 2030, Ripple is predicted to hit a minimum price of $5.74 and an average price of $5.90 throughout the year 2030. The maximum forecasted Ripple price for 2030 is set at $6.85.

XRP market price prediction: Analysts’ XRP price forecast

Cryptopolitan’s XRP price prediction

Our forecast shows that XRP will achieve a high price of $0.729 near the end of 2024. In 2025, the XRP price will range between $0.876 and $1.06. In 2030, the cryptocurrency will range between $5.74 and $6.85, with an average price of $5.90. 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’s announcement of 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 when 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 wave of the market. The bears earlier on, and then bullish price movement by mid-March, resulting in a market price of $0.72. At the time of writing, XRP is trading between $0.47 – $0.48.