Key takeaways:
- The XRP price prediction suggests that the coin’s price can increase to $0.5827 by the end of 2024.
- The growing adoption rate of the XRP Ledger Protocol could push XRP to $0.7657 with a possible maximum trading value of $0.9205 in 2027.
- In 2030, the target price for XRP is between $4.67 and $5.60, with an average price of $4.80.
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 | $1.062 |
| Market Cap | $63.51B |
| Trading Volume | $16.06B |
| Circulating Supply | 56.93B XRP |
| All-time High | $3.84 Jan 04, 2018 |
| All-time Low | $0.002802 July 07, 2014 |
| 24-hour High | $1.08 |
| 24-hour Low | $0.8599 |
XRP price prediction: Technical analysis
| Metric | Value |
| Volatility | 2.08% |
| 50-Day SMA | 0.555092 |
| 200-Day SMA | 0.541533 |
| Sentiment | Bearish |
| Fear & Greed | 69 (Greed) |
| Green Days | 16/30 (53%) |
XRP technical analysis: Upward swing leads to hike past $1.062 hurdle
TL;DR Breakdown:
- XRP price analysis confirms an upward trend at $1.062.
- Cryptocurrency gained a massive 22.84% recovery.
- XRP coin prices are seeking support around $0.900.
On November 16, 2024, XRP price analysis confirmed an upward market trend for the cryptocurrency. Coin value has spiked up to $1.062 high over the past 24-hours. The bullish tide remained quite intense, leading to a tremendous 22.84% recovery through the day. This creates highly favorable circumstances for the investors, as the cryptocurrency is gaining rapidly.
XRP price analysis on the daily timeframe
The one-day price chart of XRP coin revealed an increasing market trend for the currency. Coin value has hiked up to $1.062 high, surpassing the $0.900 resistance successfully. The bullish tide remained strong throughout the past week, resulting in a massive recovery. However, as the volatility is expanding, there is a high chance of reversal soon.
The distance between the Bollinger bands determines market volatility. As this distance is expanding rapidly, this signals an increasing volatility. Moreover, the upper limit of the Bollinger bands indicator, acting as the support band, has shifted to $0.900. Whereas its lower limit, serving as yet another support band, has moved to $0.317.
The Relative Strength Index (RSI) indicator has surpassed the overbought threshold. Currently at 92.67 and still moving upward, this indicates a tremendous recovery. The buying activities have been hiking throughout the day, resulting in a strong upside. The continuous ascending curve of the RSI indicator marks an overall bullish supremacy. The market has been experiencing a period of stability for the past few weeks.
XRP price analysis on the 4-hour chart
The four-hour price analysis of XRP coin confirmed a strong bullish tide for the cryptocurrency. XRP/USD value has launched up to $1.062 over the span of the past four hours. Green candlesticks on the four-hour price chart mark a continuous bullish trail. The cryptocurrency value remained successful in overpowering the $1.062 resistance.
The Bollinger bands are expanding rapidly, which refers to an increasing volatility. This increase in the volatility signals a higher market unpredictability for the coming hours. Moving ahead, the upper Bollinger band has now moved to $1.047 high, indicating the support point. Whereas, the lower Bollinger band has shifted to $0.576 low, signaling the availability of support.
The RSI indicator stands in the overbought region. Its value has spiked up to 85.48 over the past four hours. The upward curve on the RSI graph signifies bullish victory. The bulls remained on the lead since the early hours of the day. Currently, the bullish momentum is intensifying rapidly. This progress indicates a relatively balanced trading environment.
XRP technical indicators: Levels and action
Daily simple moving average (SMA)
| Period | Value ($) | Action |
| SMA 3 | 0.526359 | SELL |
| SMA 5 | 0.521557 | SELL |
| SMA 10 | 0.517546 | SELL |
| SMA 21 | 0.538461 | SELL |
| SMA 50 | 0.555092 | SELL |
| SMA 100 | 0.561301 | SELL |
| SMA 200 | 0.541533 | SELL |
Daily exponential moving average (EMA)
| Period | Value | Action |
| EMA 3 | 0.531713 | SELL |
| EMA 5 | 0.535476 | SELL |
| EMA 10 | 0.539099 | SELL |
| EMA 21 | 0.547283 | SELL |
| EMA 50 | 0.557357 | SELL |
| EMA 100 | 0.556823 | SELL |
| EMA 200 | 0.553871 | SELL |
What to expect from XRP price analysis
Ripple price analysis gives out a highly bullish prediction regarding the ongoing market events. Coin value has climbed up to $1.062 high in the past 24-hours. The bulls have been securing consecutive victories through the past few weeks. An overall recovery of 22.84 percent has been secured during the day. This creates an encouraging scenario for the investors regarding the ongoing market events. Technical indicators as well as the price charts confirm the current bullish wave.
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 $1.062. The RSI has also turned upward, and above 70, the situation has led beyond the overbought threshold.
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 as demand for XRP tokens rises and XRP’s growth remains consistent. 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 if XRP ecosystem adoption by major financial institutions continues which still makes it a good option to buy XRP.
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 under current market dynamics.
Does XRP have a good long-term future?
XRP is expected to increase in value gradually over the coming years giving good yields to XRP holders and institutional investors. Currently, the coin is trading at the lowest level of the last year; however, it is expected to reach the highest price of $7 by 2030, which makes it a valuable asset for multiple gains after significant market capitalization with continuous efforts by the Ripple Labs. However, regulatory uncertainties still linger on with the Ripple lawsuit.
Recent news/opinions on the Ripple Network
- Ryan Lee, Chief Analyst at Bitget Research, comments on the XRP price, noting that XRP is a relic of past crypto trends. Large holders are disappointed, and investors are becoming less interested as a result of its lack of innovation and frequent legal entanglements. Future market performance for XRP is still grim if it is unable to address its legal problems or provide creative applications.
- On November 1, Ripple carried out a sell-off that wasn’t typical of their escrow process. From the one billion XRP that is unlocked each month, Ripple normally reserves around 200 million. However, this month, an extra 270 million XRP were transferred to the account that is used for monthly sales. This makes it the biggest monthly dump in seven years, totaling 470 million XRP.
- Brad Garlinghouse, the CEO of Ripple, revealed that he was recently debanked, citing heightened regulatory scrutiny that has an effect on cryptocurrency industry executives. He claimed in a CNBC interview that the bank had given him five days to transfer his funds. According to Garlinghouse, he has been maintaining the account for the last 25 years.
XRP price prediction November 2024
According to XRP price prediction, in November 2024, XRP could reach a maximum expected XRP price of $0.558. The average trading price is expected to be $0.527 for the month, while the lowest it can go as per XRP cost estimation is $0.484 considering the current XRP sentiment.
| Period | Potential Low ($) | Average Price ($) | Potential High ($) |
| XRP price prediction November 2024 | $0.484 | $0.527 | $0.558 |
XRP price prediction 2024
XRP price prediction for 2024 suggests that the price could reach a maximum XRP’s price of $0.5827 by the end of December considering it’s technological utility and enhancing cross border payments. 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 | $0.5827 |
XRP price predictions 2025-2030
| Year | Minimum | Average | Maximum |
| 2025 | $0.7657 | $0.7938 | $0.9205 |
| 2026 | $1.06 | $1.10 | $1.35 |
| 2027 | $1.59 | $1.64 | $1.85 |
| 2028 | $2.28 | $2.36 | $2.76 |
| 2029 | $3.19 | $3.30 | $4.01 |
| 2030 | $4.67 | $4.80 | $5.60 |
XRP price prediction 2025
The XRP price prediction for 2025 is a minimum price of $0.7657 and an average price of $0.7938. The maximum forecast price for 2025 is $0.9205 as crypto analysts expect investors to continue buying XRP as crypto assets.
XRP price prediction 2026
The XRP price predictions for 2026 suggests that the XRP cryptocurrency could reach a minimum trading price of $1.06 and an average price of $1.10. The XRP price forecast further suggests that the Ripple coin is estimated to reach a maximum price of $1.35.
XRP price prediction 2027
Ripple XRP price prediction for 2027 estimates a minimum value of $1.59 which is quite higher tha the current XRP price and an estimated average XRP price of $1.64. The maximum price forecast for 2027 is $1.85 increasing its market cap significantly.
Ripple price prediction 2028
The Ripple price predictions for 2028 expect the future price of 1 XRP to reach a minimum of $2.28 in 2028. The XRP price can reach a maximum level of $2.76; according to the XRP price forecast, the estimated average trading value is expected to be $2.36 throughout 2028 which shows XRP’s potential.
XRP price prediction 2029
The XRP price prediction for 2029 estimates that XRP to attain a minimum XRP price of $3.19 and an average trading price of $3.30, with a maximum price of $4.01 as per the XRP price forecast in a bullish scenario as institutional adoption for digital currencies keeps rising.
XRP price prediction 2030
According to the XRP price prediction for 2030, Ripple is predicted to hit a minimum XRP prices of $4.67 and an average expected trading cost of $4.80 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 $0.5827 near the end of 2024. In 2025, the XRP price will range between $0.7657 and $0.9205. In 2030, the cryptocurrency will range between $4.67 and $5.60, with an average price of $4.80. 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 as per crypto markets records showing high volatility.
- In September 2024, XRP recovered up to the $0.642 level, but the price went down to the $0.500 range in October.
- In November XRP is trading near $0.503 range.
