XRP price prediction 2024-2030: Will XRP reach $1?

Key takeaways

• The XRP price prediction suggests that the coin’s price can increase to $0.6395 by the end of 2024.
• The growing adoption rate of the XRP Ledger Protocol could push XRP to $1.76 with a possible maximum trading value of $2.08 in 2027.
• In 2030, the target price for XRP is between $5.22 and $6.03, with an average price of $5.40.

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

XRP price prediction: Technical analysis

XRP technical analysis: XRP revives up to $0.591 amidst recovery

TL;DR Breakdown:

• XRP price analysis confirms an upward trend at $0.591 high.
• Coin value has gained up to 0.96% of boost during the day.
• XRP prices are seeking resistance around $0.617 today.

On September 27, 2024, XRP price analysis confirms an increasing trend for the cryptocurrency today. Coin value has advanced up to $0.591 high in the past 24-hours. If observed overall, the XRP coin has gained up to 0.96% of boost today. If the bulls continue to rule the market, further upturns may be observed soon.

XRP price analysis on the daily timeframe

The one-day price chart of XRP coin revealed an upward trend for the cryptocurrency. XRP coin has recovered up to $0.591 high during the day. Side by side, the overall market sentiment remains on the positive side as well. However, as the volatility is decreasing, the signs of reversal in the market trends remain low.

The distance between the Bollinger bands defines market volatility. As this distance is currently undergoing a decline, this indicates decreasing volatility levels. Moreover, the upper limit of the Bollinger bands indicator, acting as the resistance band, is at $0.617. Whereas, the lower limit of the Bollinger bands indicator, serving as support, is at $0.532.

The Relative Strength Index (RSI) indicator is situated within the neutral region. Currently at 55.98 and still moving upwards, this signifies a bullish trend. This increasing movement confirms an upward momentum and a rising buying activity for the day. As the RSI value gains boost, the market seems to have entered a period of stability. 

XRP price analysis on the 4-hour chart

The four-hour price analysis of XRP coin confirmed an increasing trend for the cryptocurrency. Coin value has revived up to $0.591 in the past few hours. This increasing price movement confirms that the buying activities are dominating over the selling activities. Despite the earlier decreases, currently the market is on the bullish end.

The distance between the Bollinger bands remained unchanged, leading to constant volatility. This constant volatility indicates a lower market unpredictability for the coming hours. Side by side, the upper Bollinger band has moved to $0.594 high, securing the resistance threshold. Whereas, the lower Bollinger band has shifted to $0.581, signifying the support.

The Relative Strength Index (RSI) indicator is hovering within the neutral area. Its value has enhanced up to 53.72 during the last four hours. The sharp ascending curve on the RSI graph refers to an accelerating buying pressure. Side by side, if the bullish momentum continues to intensify, the market can gain further stability soon.

XRP technical indicators: Levels and action

Daily simple moving average (SMA)

Daily exponential moving average (EMA)

What to expect from XRP price analysis

XRP price analysis for the day gives out a highly bullish prediction regarding the ongoing market events. Coin value has increased up to $0.591 high in the past 24-hours. Whereas, overall, XRP coin has received up to 0.96% of boost during the day. The buying activities remained intense today, as reflected from the upward swing. Technical indicators encourage a bullish sentiment, whereas the price charts continue to favor the bulls 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 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 $0.591. The RSI has also turned upward, and above 50, the situation can lead above 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

• On Friday, September 13, Ripple Chief Legal Officer Stuart Alderoty said the SEC vs. Ripple case is over in a post on X platform. He said, “Ripple’s case is over, but the ‘fair notice’ defense is still alive for others. The SEC cites the 2017 DAO report as industry notice that ‘crypto asset securities’ are subject to US securities laws. Seven years later, the SEC apologizes to a federal judge—surely a person of at least ‘ordinary intelligence’—for the confusion it invited by using the inherently unclear term.”
• On September 1, Ripple made XRP coins available via its escrow mechanism. In three stages of the transaction, 500 million, 200 million, and 300 million XRP tokens were issued.

XRP price prediction September 2024

According to XRP price prediction, in September 2024, XRP could reach a maximum expected XRP price of $0.615. The average trading price is expected to be $0.579 for the month, while the lowest it can go as per XRP cost estimation is $0.543.

XRP price prediction 2024

XRP price prediction for 2024 suggests that the price could reach a maximum price of $0.6395 by the end of December. We expect an average trading price of $0.5909 and a floor price of $0.5709.

XRP price predictions 2025-2030

XRP price prediction 2025

The XRP price prediction for for 2025 is a minimum price of $0.8349 and an average price of $0.8586. The maximum forecast price for 2025 is $0.9683.

XRP price prediction 2026

The XRP price predictions for 2026 suggests that the XRP cryptocurrency could reach a minimum trading price of $1.18 and an average price of $1.22. The XRP price forecast further suggests that the Ripple coin is estimated to reach a maximum price of $1.44.

XRP price prediction 2027

Ripple XRP price prediction for 2027 estimates a minimum value of $1.71 and an estimated average XRP price of $1.76. The maximum price forecast for 2027 is $2.08 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 $2.49 in 2028. The XRP price can reach a maximum level of $2.97; according to the XRP price forecast, the estimated average trading value is expected to be $2.56 throughout 2028. 

XRP price prediction 2029

The XRP price prediction for 2029 estimates that XRP to attain a minimum XRP price of $3.48 and an average trading price of $3.61, with a maximum price of $4.34 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 $5.22 and an average expected trading cost of $5.40 throughout the year 2030. The maximum forecasted Ripple price for 2030 is set at $6.03 as expected peak value.

XRP market price prediction: Analysts’ XRP price forecast

Cryptopolitan’s XRP price prediction

Our forecast shows that XRP will achieve a high price of $0.6329 near the end of 2024. In 2025, the XRP price will range between $0.8435 and $0.9901. In 2030, the cryptocurrency will range between $5.15 and $6.30, with an average price of $5.30. 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 is trading near $0.55 range.