Ripple Price Predictions: How Much Will XRP Be Worth In 2022 And Beyond?
Will Ripple (XRP) go up or crash? Read our XRP Price Predictions 2022–2030
Are you looking for the top Ripple XRP price predictions for 2022? Or have you been struggling to answer the question ‘is XRP a good investment?’ You’re in the right place.
In this article, we’ll explore what the experts have to say about Ripple’s future performance. Discover the top XRP price predictions for 2022 and beyond and how much Ripple (XRP) could be worth in 2022-2030.
At the time of writing, Ripple XRP has a price of $0.8325 and a market cap of $39.57 billion. This makes XRP the world’s eighth-largest cryptocurrency — a status that might sound impressive but is far cry from its previously long-held position of third spot. Having been supplanted by Cardano (ADA), Binance Coin (BNB), and Solana (SOL), what’s next for the price of Ripple XRP?
According to recent long-term forecasts, the price of Ripple (XRP) could reach $2.5778 by the end of 2022, rising to $2.798 by the end of 2023 and $10.9923 by the end of 2025. Ripple (XRP) will then be worth $8.58 in 2027, and $28.01 in 2030.
XRP’s 2021 growth has shown some encouraging prospects for investors after a period of uncertainty. So, what’s next for the price of Ripple XRP? If you’re wondering ‘is Ripple a good investment?’ You’re in the right place. We’re taking a look at some of the updated Ripple price predictions to find out whether this major asset is making a long-awaited recovery.
In this article, we’ve compiled the top price predictions for Ripple XRP. We’re taking a look at the short and long-term prospects for this asset, to answer the questions ‘will Ripple go up? ‘Is Ripple a good investment for 2022?’ Keep reading to discover some of the key Ripple price predictions for 2022 and beyond.
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- What Is Ripple XRP?
- Short-Term Ripple Price Predictions
- What Will Happen To The Price Of Ripple XRP In 2022?
- Long-Term Ripple Price Prediction: 2023-2027
- What Will Happen To The Price Of Ripple XRP In 2025?
- Trading Education Ripple XRP Price Predictions
- Conclusion: Ripple XRP Price Prediction Forecast
- How Has The Price Of Ripple Changed In The Past?
- What Factors Affect The Price Of Ripple XRP?
- Key Points
What Is Ripple XRP?
Ripple XRP (XRP) is one of the world’s major cryptocurrencies — and one of the most intriguing. Unlike Bitcoin (BTC), Ethereum (ETH), and other big names, it doesn’t market itself on its decentralisation. Instead, the crypto is closely aligned with a variety of banks, investment firms, and businesses around the globe. This may seem counterproductive when many traders believe that cryptocurrency’s biggest selling point is its freedom from external companies.
However, crypto experts are increasingly claiming that it could be the key factor behind Ripple’s success. Although the world of cryptocurrency can be notoriously difficult to predict, some believe that Ripple XRP’s unique market position means it could escape some of the turbulence which could potentially shake the industry in the next few years.
To understand each Ripple price prediction, it’s vital to understand exactly what Ripple XRP is and why it differs from the majority of other cryptos on the market.
Ripple was first launched in 2012 and, much like Ethereum, its name is commonly used to describe both its payment platform and native currency. Its platform is called RippleNet, while its crypto is Ripple XRP or just XRP. (On exchanges, it’s often just listed as XRP.)
Most of the altcoins were designed to solve some of the problems of Bitcoin, the so-called king of cryptocurrency. Many, such as Bitcoin Cash (BCH), have focused on Bitcoin’s lack of scalability. However, Ripple aimed at another defining feature of the crypto: its decentralisation.
Instead of offering traders and investors a way to make online transactions without having to go through a centralised financial body (which can be slow, potentially insecure, and costly), Ripple was designed to make it easier for those very same centralised financial bodies to make payments themselves. Cross-border payments can be even slower, with much higher transaction fees, than domestic payments — and global businesses can make hundreds of these transactions every day.
To avoid sky-high transaction fees and unfavourable exchange rates, Ripple enables corporations to send and receive payments in Ripple XRP. It provides a globalised currency that bypasses some of the issues that can plague both fiat currency and decentralised cryptos.
Some of the banks and businesses which currently support Ripple include:
- Axis Bank
- Crédit Agricole
- Royal Bank of Canada
- American Express
- International Foreign Exchange
After almost reaching $2 in April 2021, investor interest in XRP has been renewed — but is it sustainable? Is Ripple a good investment, or is this altcoin on the way out? Read on to discover some of the top XRP price predictions for 2022-2030.
Short-Term Ripple (XRP) Price Prediction 2022
What are crypto experts forecasting for Ripple XRP in 2022? Ripple is one of the biggest names in the business, but its recent performance has left some investors confused. Is Ripple XRP a good investment? Read on to discover some of the top cryptocurrency predictions for the price of XRP in 2022.
2021 was the cryptocurrency market’s most volatile year to date. The trend of rapid inflation recalls the extreme bull run we saw in 2017 and 2018 — and understandably, many crypto investors are worried we’ll see a repeat of the market-wide crash that followed in 2022. Could the market be making another run for it?
According to The Economy Forecast Agency doesn’t think so, suggesting that XRP could spend the entirety of 2022 stagnating between $0.40 and $0.60 — lower than XRP’s current price of $0.791. Here’s The Economy Forecast Agency’s 2022 XRP price prediction:
Short-term Ripple (XRP) Price Prediction Forecasts in 2022
According to its technical analysis, The Economy Forecast Agency expects Ripple to reach a maximum price of $0.58 in January 2022 and could hit a yearly low of $0.35 in August. At the end of 2022, XRP could hit a price of $0.52 — that’s $0.27 lower than its current price and miles behind its all-time high (ATH) of $3.84 from the 4th of January 2018. This is a somewhat concerning price prediction for XRP in 2022, but it’s worth noting that The Economy Forecast Agency is one of the most conservative forecasters around, and so it may be being too cautious.
WalletInvestor is a lot more optimistic about the short-term prospects of Ripple XRP. They expect XRP to increase throughout 2022 with some volatility in between and suggest that it could exceed $1.50 towards the end of the year, as the graph below shows.
WalletInvestor believes XRP will go through a year of jagged growth that appears to become more linear towards the end of 2022. They have also said “The long-term earning potential is +103.75% in one year” and “XRP might be good for investing for making money”. Furthermore, on the prospect of XRP crashing, they have said “According to our analysis, this will not happen”.
Here’s what WalletInvestor has forecasted for XRP at the end of 2022:
- Average price: $1.901
- Minimum price: $1.573
- Maximum price: $2.219
While WalletInvestor doesn’t expect a new ATH in 2022, the growth prospects they have suggested are rather encouraging and considerably higher than what The Economy Forecast Agency has estimated.
Elsewhere, Previsioni Bitcoin seems to vaguely agree with WalletInvestor’s forecast — not in terms of the direction XRP will head in, but the prices it could achieve in 2022. See their graph below.
Previsioni Bitcoin expects Ripple to start 2022 at $1.78, reach a yearly high of $1.90 in February and then spend much of the year declining, hitting $1.18 at the end of the year.
Here’s Previsioni Bitcoin’s 2022 XRP forecast:
- January: $1.78
- February: $1.90
- March: $1.83
- April: $1.59
- May: $1.51
- June: $1.36
- July: $1.28
- August: $1.20
- September: $1.24
- October: $1.22
- November: $1.19
- December: $1.18
There’s a lot to unpack from this price forecast. Firstly, Previsioni Bitcoin seems to think that something significant will happen at the end of 2021 to launch XRP’s price from $0.791, its current value, to $1.78 — an increase of almost $1.
Secondly, Previsioni Bitcoin expects XRP to spend much of 2022 declining, which could suggest lower prices in 2023 which is worrying. However, they do not expect prices to dip below $1 and will remain relatively higher than they did in 2021.
Next up is DigitalCoin which also expects Ripple to be valued above $1 for the entirety of 2022. However, as their graph suggests below, they don’t expect XRP to have a smooth journey through 2022.
DigitalCoin’s forecast suggests that XRP will start 2022 at $1.30 and hit $1.33 by February, decline to $1.21 in March, climb to $1.46 in June, hit a yearly high of $1.52 in September and end the year at $1.23 in December.
Here are the prices DigitalCoin has forecasted for XRP in 2022:
- January: $1.30
- February: $1.33
- March: $1.21
- April: $1.23
- May: $1.33
- June: $1.46
- July: $1.38
- August: $1.45
- September: $1.52
- October: $1.40
- November: $1.20
- December: $1.23
According to DigitalCoin’s forecast, Ripple XRP will spend 2022 ranging between $1.20 and $1.50. Again, a new ATH is not expected nor will XRP reach $2. DigitalCoin’s forecast is most similar to Previsioni Bitcoin’s.
DigitalCoin also added that “XRP (XRP) price will increase according to our predicted data in future” and “No, XRP (XRP) price will not be downward based on our estimated prediction” and also suggested “[SIC] The price of 1 XRP (XRP) can roughly be upto $1.23 USD in 1 years time a 2X nearly from the current XRP price”.
PrimeXBT is also optimistic about the short-term prospects of Ripple XRP in 2022 and 2023, suggesting that it could break past $12 at some point between those two years, but then there could be a bear market which could see prices fall. They explained that: “After such a powerful surge from $1 to $12 it could be time for another bear market and accumulation phase. Ripple would have to find support back at around $1 or more”.
Using its in-house technical analysis, the platform has identified a pattern that could signal trouble ahead, shown below.
Coinskid is also optimistic about XRP’s price for the rest of 2021 — albeit, nowhere near as much as PrimeXBT. Their predictions better align themselves with those of DigitalCoin, Previsioni Bitcoin, and WalletInvestor, forecasting that Ripple (XRP) could reach a maximum of $1.47 by December 2022 and remain above $1 for much of the year (except for January).
Would you consider buying Ripple XRP?
What Will Happen to the Price of Ripple (XRP) in 2022?
The price of Ripple XRP will likely spend much of 2022 ranging between $1 and $2 for much of the year according to the top price forecasts. Ripple is not likely to reach $3 nor reach a new ATH in 2022, however, it is unlikely to experience a rapid decline or be valued below $1.
Will the Price of Ripple (XRP) Go Up in 2022?
The price of XRP will likely go up in 2022 and could hit a high of $2.054 according to WalletInvestor or $1.90 according to Previsioni Bitcoin. At the lower end, it might decline to $0.56 by the end of the year according to The Economy Forecast Agency. The highest price prediction for Ripple XRP in 2022 is $12 by PrimeXBT (though they also foresee a price correction if this immense level is reached).
Additional predictions for the price of Ripple XRP in 2021 include:
- Cryptocurrency Price Prediction: $2.5778
- Coin Price Forecast: $1.27
- Trading Beasts: $1.3656235
- Price Prediction: $1.42
- Gov Capital: $1.6491
Many believe that holding long-term positions on cryptocurrency such as Ripple is the most sensible approach — after all, if the earliest Bitcoin investors had ignored the naysayers and stuck to their guns, they would have seen a staggering return. Could the same be true for XRP?
Unsurprisingly, the Ripple CEO Brad Garlinghouse certainly thinks so. Back in 2018, he urged Ripple investors to think in terms of months and years, as opposed to days and weeks, when it came to expecting profits from their investment.
Garlinghouse noted at the beginning of the 2020-2021 crypto market rally that ‘institutional investor interest is skyrocketing’. Moreover, He also described Bitcoin as a useful hedge against inflation. Regarding Ripple XRP, Garlinghouse, again, mentioned that XRP is important and useful for payment solutions.
According to Robert Art, the price of Ripple XRP will one day reach $200. Back in April 2020, he tweeted the prediction that “XRP will deliver better returns than Bitcoin. Why? Bitcoin has 16 times the capital invested in it. Moving $8 billion to $80 billion is a lot easier than moving $140 billion to $1.4 trillion.”
Elsewhere, Jesus Cedeño of Crypto Coin Society has predicted that: “The bullish momentum of XRP that has been building up since the latter part of 2020 will continue through the years 2021 and 2022. We are projecting that the price of XRP could reach $2.50, an 854% increase from its current price”.
Read Also: Should You Buy Ripple?
Long-Term Ripple (XRP) Price Prediction: 2023-2030
What are crypto experts forecasting for Ripple XRP in 2023 and beyond? Now that we’ve taken a look at the short-term price predictions, let’s look ahead to 2023-2030. If you’re wondering ‘should I invest in Ripple XRP?’ Short-term cryptocurrency predictions aren’t particularly conclusive. So, what do the top crypto platforms believe will happen to the price of Ripple XRP over the next several years?
The Economy Forecast Agency didn’t give a very optimistic prediction for 2022 — and its outlook only worsens in the long term. While they expect XRP to reach similar prices in 2023, from 2024 XRP will be in a constant state of decline, reaching lows of $0.27 by the end of the year.
Ripple (XRP) Price Prediction Forecasts In 2024:
And in 2025 things are only expected to get worse, declining further to lows of $0.08 by November.
Ripple (XRP) Price Prediction Forecasts In 2025:
This bleak prediction suggests that XRP will fail to meet $0.50 again after January 2024 and an underlying downtrend will take control for the next two years.
Fortunately, CryptoGround has made a much brighter prediction, suggesting that Ripple XRP will go from strength to strength until 2026, as the graph tells us below.
According to CryptoGround’s technical analysis, the price of Ripple (XRP) will follow a bullish trajectory over the next four years, hitting the following milestones on its way:
- 2023: $1.56
- 2024: $2.07
- 2025: $2.54
- 2026: $2.95
Cryptoground thinks that the long-term prospects of Ripple are strong, expecting to see a particularly high growth rate in the next few years. Adding: “Based on the data, it can be predicted that it is Profitable to invest in Ripple (XRP) for the long term. By long-term, we mean that the Ripple forecast for a period of 5+ years”.
While they still doubt a new ATH, it looks like $3 could be within reach after 2026. However, this growth rate is nothing compared to the forecast from Cryptocurrency Price Prediction.
Cryptocurrency Price Prediction gave a prediction of $2.5778 for the end of 2022 — higher than what CryptoGround expects for XRP by 2025. The platform’s XRP forecast for 2025 and 2030 is even more extreme:
Ripple (XRP) Price Forecast In 2025:
MONTH & YEAR
XRP PRICE PREDICTION
Ripple (XRP) Price Forecast For 2030:
MONTH & YEAR
XRP PRICE PREDICTION
This couldn’t be more different from The Economy Forecast Agency’s predictions. Instead of Ripple reaching its lowest prices in years, Cryptocurrency Price Prediction expects to see the asset’s highest price ever and reach an ATH of $10.9923 by 2025 — outstripping its current ATH of $3.84 by $7! This is promising news for anyone wondering ‘will Ripple hit $10?’
The platform then believes that the price of one Ripple token could reach a maximum price of $30.9641 by the end of 2030 — more than 10 times higher than XRP’s current ATH.
For more long-term Ripple price predictions, we’re returning to DigitalCoin. After predicting that the price of Ripple could reach a maximum price of $1.52 by November 2022, they expect XRP to continue to appreciate until 2027 where it could decline, but then by 2028, it will rebound stronger than ever, as the chart shows below.
If you’re wondering ‘what will Ripple be worth in 2030?’ Let’s take a closer look at what DigitalCoin has forecast in the years running up to 2030.
- 2023: $1.53
- 2024: $1.91
- 2025: $2.44
- 2026: $2.76
- 2027: $2.39
- 2028: $3.60
DigitalCoin thinks XRP’s price will be a steady $1.53 in 2023, reaching $1.91 by the end of 2024, leaping over $2 in 2025 to $2.44, declining to $2.39 by 2027 and then reaching a maximum price of $3.60 by 2028.
If you’ve been wondering ‘will Ripple XRP reach $5?’ DigitalCoin doesn’t expect the asset to hit the $5 milestone by 2028. Further to that, according to this forecast, XRP will not be able to surpass its ATH by 2028.
Elsewhere, Coin Price Forecast has forecasted the price of Ripple XRP to 2033. They maintain that Ripple’s prospects are good and explained that between 2023 and 2027: “These five years would bring an increase: Ripple price would move from $1.27 to $2.30, which is up 81%. Ripple will start 2023 at $1.27, then soar to $1.45 within the first six months of the year and finish 2023 at $1.71. That means +119% from today”.
However, their forecast suggests relatively slow growth for the next 10 years. Here’s what Coin Price Forecast expects from Ripple XRP from 2023 to 2033:
Ripple (XRP) Price Prediction Forecasts 2023-2033
Its forecast tells us Ripple XRP is unlikely to hit the $10-mark in the next 10 years. Coin Price Forecast also seems to expect Ripple to shake off its previous volatility levels. As we can see from the columns above, the platform doesn’t believe that the price of XRP will change dramatically each year. This suggests that we could start to see greater stability as XRP enters its second decade of circulation.
The Crypto Coin Society is sticking to its optimistic outlook. According to their long-term predictions, though they claim in 2023, XRP could pull back to $2.19 and some sideways movement into 2024, they expect the price of XRP could hit $4.60 in 2025.
Several factors could potentially drive this level of change. As governments come under increasing pressure to regulate the cryptocurrency industry, Ripple is better placed than most conventional cryptos to weather any regulatory crackdowns.
According to the analyst CryptoWhale: “The only project in the entire market that is pushing for Crypto Regulations is $XRP. They know that once these regulations are added, it will completely annihilate almost every other altcoin, and make XRP’s demand skyrocket”.
CryptoWhale believes that if the US government reaches a consensus on cryptocurrency regulations, the demand for Ripple will skyrocket. Because Ripple has “quietly been working with government agencies to ensure compliance” for years, it’s far less likely to be bitten by new rules or taxation measures that could send investors racing away from more conventional cryptos.
Another factor that could potentially signal a more bullish 2023-2025 is the very thing that sent the crypto market spiralling in March 2020 — the coronavirus. Christopher Haruna Hamman of ZyCrypto has predicted that the pandemic could cause the price of Ripple XRP to surge, as it facilitates remote transactions far more easily than traditional payment providers. Although this is still conjectured at this stage, could we see more optimistic Ripple XRP price predictions within the next five years?
Check Out: Will Ripple Make Me Rich in 10 Years?
What Will Happen to the Price of Ripple (XRP) in 2025?
From 2023 to 2025, the price of Ripple XRP will likely continue to increase gradually. Most forecasts suggest that XRP will be priced between $2 and $2.70. While XRP may be able to reach $3, forecasters remain sceptical that it can beat its current ATH. Only The Economy Forecast Agency expects XRP to fall in 2025 where it could meet lows of $0.08 per coin.
Will The Price Of Ripple (XRP) Go Up In 2025?
The price of XRP will likely go up in 2025. At the very highest, Ripple XRP could reach a record-breaking $10.9923 by December 2025, according to Cryptocurrency Price Prediction. Other top price forecasts for XRP in 2025 include $4.60 by Crypto Coin Society.
Additional Predictions For The Price Of Ripple XRP In 2023-2027 Include:
- Trading Beasts: $1.3611179
- WalletInvestor: $2.798
- Price Prediction: $2.06
- Previsioni Bitcoin: $1.35
- Coinskid: $2.11
- Trading Beasts: $1.3922434
- WalletInvestor: $3.740
- Price Prediction: $2.95
- Previsioni Bitcoin: $1.52
- Coinskid: $2.94
- WalletInvestor: $4.705
- Price Prediction: $4.25
- Coinskid: $5.65
- CoinArbitrageBot: $5.14299
- Economy Watch: $3.50
- WalletInvestor: $5.425
- Price Prediction: $5.85
- Gov Capital: $6.14905
- Price Prediction: $8.58
- DigitalCoin: $2.39
- Coin Price Forecast: $2.30
Other experts have also commented on how high XRP could go in 2025. Ananthi Reeta of Coinquora said: “In the next four years, XRP prices could race up to $72. However, reaching this level could not be so difficult for XRP as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that XRP has a high possibility of reaching a new ATH soon in the next five years as per the prediction”.
And David Cox of CryptoNewsz opined: “As per the Ripple price prediction for the long-term (the next five years), XRP has been chosen as a bright game for optimism registering clear gains with prices within the $4-$8 vicinity. However, the most workable idea is to expect a midpoint of these price levels. Mass adoption could trigger future of XRP as an affordable and convenient digital asset. The price may surface as a minimum average of $6 in the long-term around the next 5 years”.
Trading Education Ripple (XRP) Price Predictions
So, now that we have seen what many of the top experts believe will happen in the next few years, let’s use that information to our advantage to formulate our predictions.
We’ll look at all arguments — whether they’re extreme or not, too cautious, too bullish, too bearish, and objectively conclude what we think is most likely to happen.
Ripple (XRP) price prediction 2022
Ripple (XRP) is expected to trade with bullish momentum and surpass $1 by the end of 2022. As per Ripple XRP price predictions 2022, the price of XRP might trade above $2 by the end of the year. The predicted high for 2022 might be around $2.5778, and on the downside, the low might range from $0.38 to $0.56.
Ripple (XRP) price prediction 2023
The price of Ripple (XRP) is predicted to reach a maximum level of $2.798 by the end of 2023. The Ripple XRP price can reach a minimum level of $1.35 in 2023.
Ripple (XRP) price prediction 2024
As per experts, the price prediction of Ripple (XRP) might continue the gradual upward trend. And as per our data, by the end of 2024, it would be able to cross $2.07. The predicted high for 2024 might be $2.19, and on the downside, the low might be around $0.27.
Ripple (XRP) price prediction 2025
As per Ripple (XRP) price predictions for 2025, the price of XRP might reach between $2.54 and $2.76 by the very end of 2025. As per our prediction and price forecast, the predicted high for 2025 might be around $4.60, and on the downside, the low might be around $0.08.
Ripple (XRP) price prediction 2027
As per our Ripple (XRP) price prediction 2027, the token might be able to touch the $8.58 price mark on the upside, while on the downside, it might fall to $2.15. As per our Ripple XRP price prediction and forecast update, the cryptocurrency might trade around $7.01 by the end of 2027.
Ripple (XRP) price prediction 2030
The top price predictions for Ripple XRP in 2030 foresee XRP dominating above $28.01 for most of the year. If the token does well, experts seem to suggest that a push to $30.9641 could be possible. The lowest Ripple XRP price prediction for 2030 is around $2.46.
According to the latest long-term forecasts and price predictions, the price of Ripple (XRP) will hit $2.5778 by the end of 2022 and then $2.798 by the end of 2023. Ripple (XRP) will rise to $4.60 in 2025 and $30.9641 in 2030.
Conclusion: Ripple (XRP) Price Prediction Forecast
The below prediction figures outline some of the potential highs and lows of Ripple XRP price prediction forecasts for 2022, 2023, 2024, 2025, 2027 and 2030 offered by technical analysts and industry experts.
Would you consider buying XRP?
How Has The Price Of Ripple (XRP) Changed In The Past?
Although the price of Ripple has never reached the dizzying heights of Bitcoin, which hit an ATH of $68,789.63 per coin on the 10th of November 2021, it’s still experienced some dramatic fluctuations in the nine years since it was first launched.
Analysing the past performance of a cryptocurrency is one of the most important steps to take if you’re looking for the top cryptos to invest in, so let’s take a look at how the price of Ripple XRP has changed in the past.
Ripple XRP was first listed on a cryptocurrency exchange on the 4th of August 2013 at $0.01. Its price then remained relatively steady until 2017. It was a record year for the cryptocurrency industry. The price of Bitcoin increased by 2,000% — but this was nothing compared to Ripple, which grew by a staggering 36,000% to reach its ATH of $3.84 in January 2018. XRP’s subsequent crash was incredibly rapid, but it never again reached the lows it experienced in its first five years (yet).
Ripple is unusual in that its price remained relatively resilient during the coronavirus crash in March 2020. Between the 1st of March and the 1st of April 2020, the asset’s price rose from $0.163 to $0.215, a growth rate that bucked the general market trend. It was also ahead of the game when the industry-wide bull run occurred at the end of 2020. While most assets saw their price increase in December, Ripple was starting to grow as early as the 1st of October.
We can see these price changes by looking at the graph below from CoinMarketCap:
Between 1st October and 1st November, XRP rose from a price of $0.242 to $0.625. Although its price suffered in the wake of the SEC lawsuit, its recent growth has given many investors new hope. After an initial price spike in early December 2020, the asset started climbing rapidly in March-April 2021, even breaking the previously elusive $1 barrier. The price of Ripple then fluctuated widely in April and May and appeared to be following a stark, bearish trend. But prices started to pick up again in July and August. With a current price of $0.791, XRP is $1.20 off its yearly high of $1.96.
What Factors Affect The Price Of Ripple XRP?
In addition to analysing Ripple’s historical prices, it’s important to identify the key factors that could affect its price in the future. This will make it easier for you to make your predictions based on current cryptocurrency trends and ultimately find an informed answer to the question ‘should I invest in Ripple?’
Let’s take a look at the top factors that can affect the price of XRP.
1. The SEC Lawsuit
In late December 2020, the US Securities and Exchange Commission (SEC) filed a lawsuit against the Ripple XRP platform, its CEO Brad Garlinghouse, and Chairman Chris Larsen for selling unregistered securities worth $1.3 billion. Garlinghouse called the lawsuit ‘an attack on crypto at large’ — and although the incident hasn’t yet had a particularly devastating effect on the price of XRP, investors could expect to see a price crash if the lawsuit succeeds.
In a statement, Garlinghouse said the SEC’s case was “fundamentally wrong as a matter of law and fact”, and that the “SEC has permitted XRP to function as a currency for over eight years, and we question the motivation for bringing this action just days before the change in administration”.
2. Cryptocurrency Regulations
The dawn of new cryptocurrency regulations is likely to affect the price of almost every crypto on the market. But as we mentioned earlier in this article, many experts believe that Ripple is better placed to weather the storm of strict government intervention. As a result, while new regulations are likely to cause investor uncertainty and could lower the price of conventional cryptos, it could send the price of Ripple soaring.
3. Supply And Demand
The higher the demand for any cryptocurrency and the lower the supply, the more likely we are to see a price increase. Unlike cryptos such as Bitcoin, the value of Ripple is tightly controlled by its parent company, Ripple Labs. The company currently holds more than half of all total Ripple tokens to keep the price under control. However, if Ripple Labs suddenly decided to sell these off, it would flood the market with new tokens, which would have a huge effect on the price.
4. Whale Bots
The presence of so-called ‘whale bots’ on cryptocurrency exchanges can massively manipulate the price of cryptocurrencies. Whale bots are large holders who run software to execute trades automatically, often on a huge number of different platforms and assets simultaneously. This results in artificially creating volatility, which consequently drives the price of cryptocurrencies up or down.
5. Digital Transformation in The Financial Sector
Digital transformation is one of the biggest buzzwords in the financial sector these days. According to data collected by PwC in 2017, over a third (35%) of major UK companies have appointed a digital transformation leader, emphasising its increasing importance.
With high exchange rates and legacy systems making it difficult for companies to make online payments, it is becoming increasingly more likely companies will look towards technological solutions such as Ripple. Plus, the news that Ripple will soon be able to offer smart contracts makes this all the more likely — and if more banks start to adopt it, the demand for XRP will increase, successfully driving up the price.
Would you consider buying XRP?
If you remember anything from XRP Price Predictions Make it these key points.
- Ripple XRP (XRP) is the native cryptocurrency of the RippleNet payment platform designed to help banks and financial institutions transact together more efficiently.
- On the 4th of January 2018, XRP hit its all-time high of $3.84.
- WalletInvestor has predicted that Ripple XRP could hit a high of $2.219 by the end of 2022.
- Previsioni Bitcoin has predicted XRP could have a yearly high of $1.90 by February 2022.
- For 2025, Cryptocurrency Price Prediction has forecasted an astonishing $10.9923 for XRP by the end of the year.
- Crypto Coin Society expects a maximum price of $4.60 for XRP in 2025.
- By 2030, Ripple could reach a high between $28.01 and $30.9641 according to Price Prediction and Cryptocurrency Price Prediction.
- Factors that influence the price of XRP include the SEC lawsuit, crypto regulation, supply and demand, whale bots, and the digital transformation of the financial sector.
If you’ve been looking for Ripple XRP predictions for 2022-2030, we hope you’ve found this article helpful. Cryptocurrency investing is notoriously risky and it’s vital to have a robust risk management strategy in place if you’re considering adding Ripple XRP to your portfolio — especially as the current cryptocurrency predictions vary hugely when it comes to the price of XRP in the coming years.
According to these predictions, and the advice of Ripple Labs CEO Brad Garlinghouse himself, it seems that it’s best to invest in Ripple XRP if you’re prepared to play the long game. We may see a dramatic price increase and the charts suggest it could be a smart investment for those who are happy to take long-term positions.
If you’re feeling inspired enough to consider trading XRP, or this article has provided some extra insight into your existing trading knowledge, you may be pleased to know that you can trade over 90 cryptocurrencies pairs with eToro. Crypto traders can easily build a diverse portfolio with the most popular coins.
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How To Buy Ripple XRP With eToro?
It just keeps getting easier to buy XRP with eToro. You can now easily sign up and start trading in little more than three steps. Here they are:
Step 1. Navigate over to eToro’s website and click the green ‘Join Now’ button in the corner and fill out your info. To prove who you are, you’ll need to upload some proof of ID and address.
Step 2. Now you need to make your first-time deposit. In most parts of the world, the minimum first-time deposit is $200 or $50. However, in certain countries, the minimum deposit is way higher so check first!
Step 3. On the eToro platform navigate to ‘Trade Markets’ → ‘Crypto’ → ‘XRP XRP’ and set your terms.
Now you can start riding those Ripple waves!
Still have questions about Ripple XRP price predictions? Perhaps these frequently asked questions will help.
As always, Ripple Price Predictions discussed in this article are the views of the industry analysts. As such, We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.