At the turn of 2017 and 2018, XRP coin made a dizzying leap, briefly becoming the second most capitalized cryptocurrency in the world after Bitcoin. This growth was followed by a long and painful decline in the XRP swap rate and market capitalization of XRP. The drop turned out to be even deeper on average than the general sagging capitalization of cryptocurrencies.
However, the crypto market boom of early 2021 has helped XRP to rebound and regain its footing. Although the coin hasn’t overtaken its previous highs yet, who knows what the future holds? We may very well see XRP go to the moon again in the future. Let’s take a closer look at this coin’s prospects in our XRP price prediction.
Please note that this article does not constitute investment advice. Remember to do your own research before deciding whether any cryptocurrency is a good investment or not.
XRP Overview
- Our real-time XRP to USD price update shows the current Ripple price as $0.47 USD.
- According to our Ripple price prediction, XRP price is expected to have a -3.8% decrease and drop as low as by July 10, 2023.
- Our analysis of the technical indicators suggests that the current market feeling is Bearish Bearish 79%, with a Fear & Greed Index score of 58 (Greed).
- Over the last 30 days, Ripple has had 17/30 (57%) green days and 3.43% price volatility.
Ripple (XRP) Technical Overview
When discussing future trading opportunities of digital assets, it is essential to pay attention to market sentiments.
Ripple (XRP) Price Prediction For Today, Tomorrow and Next 30 Days
XRP Prediction Table
XRP Historical
According to the latest data gathered, the current price of XRP is $0.47, and XRP is presently ranked No. 6 in the entire crypto ecosystem. The circulation supply of XRP is $24,449,105,563.32, with a market cap of 52,254,289,650 XRP.
In the past 24 hours, the crypto has increased by $0.00028 in its current value.
For the last 7 days, XRP has been in a good upward trend, thus increasing by 1.37%. XRP has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.
During the last month, the price of XRP has increased by 10.15%, adding a colossal average amount of $0.05 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.
XRP Price Prediction 2023
According to the technical analysis of XRP prices expected in 2023, the minimum cost of XRP will be $0.411. The maximum level that the XRP price can reach is $0.469. The average trading price is expected around $0.528.
XRP Price Forecast for July 2023
Based on the price fluctuations of XRP at the beginning of 2023, crypto experts expect the average XRP rate of $0.444 in July 2023. Its minimum and maximum prices can be expected at $0.411 and at $0.478, respectively.
August 2023: XRP Price Forecast
Cryptocurrency experts are ready to announce their forecast for the XRP price in August 2023. The minimum trading cost might be $0.416, while the maximum might reach $0.502 during this month. On average, it is expected that the value of XRP might be around $0.459.
XRP Price Forecast for September 2023
Crypto analysts have checked the price fluctuations of XRP in 2023 and in previous years, so the average XRP rate they predict might be around $0.483 in September 2023. It can drop to $0.460 as a minimum. The maximum value might be $0.506.
October 2023: XRP Price Forecast
In the middle of the year 2023, the XRP price will be traded at $0.499 on average. October 2023 might also witness an increase in the XRP value to $0.528. It is assumed that the price will not drop lower than $0.469 in October 2023.
XRP Price Forecast for November 2023
Crypto experts have analyzed XRP prices in 2023, so they are ready to provide their estimated trading average for November 2023 — $0.454. The lowest and peak XRP rates might be $0.414 and $0.494.
December 2023: XRP Price Forecast
Crypto analysts expect that at the end of summer 2023, the XRP price will be around $0.427. In December 2023, the XRP cost may drop to a minimum of $0.413. The expected peak value might be $0.440 in December 2023.
XRP Price Prediction 2024
After the analysis of the prices of XRP in previous years, it is assumed that in 2024, the minimum price of XRP will be around $0.88. The maximum expected XRP price may be around $1.04. On average, the trading price might be $0.90 in 2024.
XRP Price Prediction 2025
Based on the technical analysis by cryptocurrency experts regarding the prices of XRP, in 2025, XRP is expected to have the following minimum and maximum prices: about $1.27 and $1.53, respectively. The average expected trading cost is $1.31.
XRP Price Prediction 2026
The experts in the field of cryptocurrency have analyzed the prices of XRP and their fluctuations during the previous years. It is assumed that in 2026, the minimum XRP price might drop to $1.88, while its maximum can reach $2.21. On average, the trading cost will be around $1.94.
XRP Price Prediction 2027
Based on the analysis of the costs of XRP by crypto experts, the following maximum and minimum XRP prices are expected in 2027: $3.30 and $2.85. On average, it will be traded at $2.93.
XRP Price Prediction 2028
Crypto experts are constantly analyzing the fluctuations of XRP. Based on their predictions, the estimated average XRP price will be around $4.21. It might drop to a minimum of $4.09, but it still might reach $4.96 throughout 2028.
XRP Price Prediction 2029
Every year, cryptocurrency experts prepare forecasts for the price of XRP. It is estimated that XRP will be traded between $5.83 and $7.10 in 2029. Its average cost is expected at around $6.00 during the year.
XRP Price Prediction 2030
Cryptocurrency analysts are ready to announce their estimations of the XRP’s price. The year 2030 will be determined by the maximum XRP price of $10.29. However, its rate might drop to around $9.09. So, the expected average trading price is $9.33.
XRP Price Prediction 2031
After years of analysis of the XRP price, crypto experts are ready to provide their XRP cost estimation for 2031. It will be traded for at least $12.67, with the possible maximum peaks at $15.56. Therefore, on average, you can expect the XRP price to be around $13.04 in 2031.
XRP Price Prediction 2032
Cryptocurrency analysts are ready to announce their estimations of the XRP’s price. The year 2032 will be determined by the maximum XRP price of $21.67. However, its rate might drop to around $18.06. So, the expected average trading price is $18.58.
What Is XRP?
Unlike most other cryptocurrencies, XRP was created neither as an alternative means of payment nor as an alternative to traditional paper money and the entire banking system as a whole.
The purpose of XRP is to create a new method of calculation for the banking system — namely, an alternative system of interbank transfers with minimum commissions.
The main goal of the XRP network is to ensure a high speed of money transfers. The system uses a consensus registry to record information about transactions, which differs from the classic blockchain in many ways. In traditional consensus algorithms, such as Proof-of-Work (PoW) or Proof-of-Stake (PoS), trust in nodes is formed based on their computing power or the value of the balance. In XRP, trust is built on the reputation of the owners of node validators, which are banks and other registered companies (Axis Bank, American Express, Royal Bank of Canada). Validators must reach an agreement on the authenticity of transactions to confirm them.
Since the release of the maximum number of XRP tokens (one billion coins) occurred at an early stage of the protocol’s existence, it is impossible to get coins in the system by mining or forging. There is no reward for checking transactions: commissions for making transfers are irrevocably “burned out,” reducing the number of tokens in circulation. Banks that use the protocol for mutual settlements are interested in the system’s stable operation, so they are most often the holders of the node.
XRP’s network consensus mechanism is often criticized for its lack of transparency and low degree of decentralization. In July 2021, only 55 node validators performed transaction verification. The system developers recognize the need to expand the network: in their blog, the company has repeatedly announced plans to increase the number of trusted nodes.
XRP supports instant currency and asset conversion. The user does not need to worry about the type of currency on their balance: when making a transfer, the swap will be carried out automatically. The ability to conduct swap in such a fast manner turns the system into a central hub for international settlements and interbank payments.
The creators of the system are in favor of the legislative regulation of cryptocurrencies. Strict adherence to formal requirements has provided the XRP Ledger with wide recognition among major financial institutions. Since 2014, such well-known banks as Mitsubishi UFJ, UBS, and Unicredit have been actively connected to the system.
History of Ripple and XRP
XRP is a cryptocurrency issued and managed by Ripple Labs Inc., the company behind the Ripple payment protocol, a real-time gross settlement system. However, people usually mistakenly employ the terms Ripple and XRP interchangeably to refer to cryptocurrency, which has led people to believe that both the cryptocurrency XRP and Ripple are the same thing.
In fact, although Ripple Labs Inc. did issue XRP and manages its ongoing distribution, the company does not have control over the cryptocurrency nor the Ripple Consensus Ledger, the blockchain upon which XRP relies. Instead, these were released as open-source software. In this regard, it would be wrong to say something like “ripple price prediction” or search for a “ripple price forecast” since we are talking about two different entities. Moreover, since Ripple lab is a private company and it hasn’t held an IPO yet, we can’t provide you with any Ripple price predictions.
As for XRP, for many years after the coin’s creation, the price of XRP has been so insignificant that it was almost worthless. Until 2017, the asset’s value fluctuated around $0.01, but this changed shortly as the token began to receive broader coverage. It also took advantage of the bullish growth of the crypto industry that year. By April 2017, XRP had risen to $0.05; the gradual increase soon continued, reaching $0.25 in May.
After that, the asset had reached the point of no return as it attracted the attention of crypto enthusiasts, who saw the value and potential of the XRP coin. The asset’s value had been growing throughout 2017 and up until the beginning of 2018, when it reached a record level of $3.84. But this was soon followed by a sharp drop in value, which affected all other cryptocurrencies. By the end of 2019, the price of XRP had stabilized at $0.30 and did not exceed the $0.5 mark throughout the year.
However, the bullish growth of 2020, which began at the end of the year, helped the XRP price to rise. XRP’s price chart saw the coin reach $0.8 before the end of the year. This growth was supposed to continue at the beginning of 2021, but this could not happen due to the announcement of the SEC’s lawsuit.
After the announcement, some exchanges excluded XRP from their platforms. Many of those who held the coin also sold it in panic. This caused the XRP price to temporarily decline at the beginning of 2021 — only to bounce back later as the crypto market shot up to the moon.
Since then, XRP has shown that it still has more than enough supporters — the coin has responded well to market-wide price action and all of the recent bull runs. Its average price even increased in March 2022.
XRP’s price history was mostly uneventful in 2022 and the beginning of 2023. Just like Ethereum and Bitcoin price, it remained relatively stable as the whole market was in a state of what many called a “crypto winter”.
At the time of writing, the lawsuit involving XRP still hasn’t reached a conclusion yet. Although only time will tell how exactly it will affect XRP’s future price movement, it is undeniable that it will play a huge role in this cryptocurrency’s future. However, it is important to note that the coin has shown that it can do well even in spite of bad press.
Despite a few serious challenges on its journey, XRP remains a very popular cryptocurrency among both retail and institutional investors. It still gets analyzed and talked about quite often. Here are some expert XRP price forecasts.
Digital Coin Price
Digital Coin Price’s XRP price prediction is fairly optimistic. Although this platform does not see this digital asset breaking through the $5 mark until at least 2030, it thinks XRP’s price will manage to stay firmly above $1 from 2024 onwards.
Overall, their XRP forecast, which is based on various technical indicators like the relative strength index as well as XRP price history, is bullish in the long term, predicting that the current price of XRP coins will spike by 150% in the next two years.
GOV Capital
GOV Capital is predicting a weaker bullish trend for XRP coins than Digital Coin Price but an uptrend nonetheless. Their forecast about XRP’s price has the crypto asset reaching $4 by late 2027. However, they also expect the XRP coin price to increase by over 100% in one year — which is definitely achievable if there is a new market boom and great news from the Ripple Labs team.
Wallet Investor
Wallet Investor is one of the experts that are bearish on XRP’s price action — and crypto in general. They actually expect this coin’s price to go down according to their 1-year XRP forecast. However, they are still bullish on the price of XRP in the short term.
According to the latest data gathered, the current price of XRP is $0.47, and XRP is presently ranked No. 6 in the entire crypto ecosystem. The circulation supply of XRP is $24,449,105,563.32, with a market cap of 52,254,289,650 XRP.
In the past 24 hours, the crypto has increased by $0.00028 in its current value.
For the last 7 days, XRP has been in a good upward trend, thus increasing by 1.37%. XRP has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.
During the last month, the price of XRP has increased by 10.15%, adding a colossal average amount of $0.05 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.
Final Thoughts
XRP can be a good investment if it fits your portfolio. It has a lot of advantages over many other cryptocurrency projects as well as an already established community and platform. The Ripple Labs team seems to be extremely dedicated to their project and actively works on making it better and regularly upgrading it.
You can get XRP at fair rates and with low fees on Changelly. Alternatively, you can also check out our list of the best cryptocurrencies in which one can invest in 2023.
Please remember to always do your own research before making any investment decisions.
FAQ
XRP price now
As of now, XRP (XRP) price is $0.47 with XRP market capitalization of $24,464,695,261.30.
Is XRP a good investment?
The forecast for XRP price is quite positive. It is expected that XRP price might meet a bull trend in the nearest future. We kindly remind you to always do your own research before investing in any asset.
Can XRP rise?
It seems that the average price of XRP might reach $0.59994 in the end of the year. In five-year plan perspective, the cryptocurrency could probably rise up to $2.93. Due to price fluctuations on the market, please always do your research before invest money in any project, network, asset, etc.
How much will XRP be worth 2023?
XRP minimum and maximum prices might hit $0.569943 and $0.659934 accordingly.
How much will XRP be worth 2025?
XRP network is developing rapidly. XRP price forecast for 2025 is rather positive. The XRP average price is expected to reach minimum and maximum prices of $1.27 and $1.53 respectively.
How much will XRP be worth 2030?
XRP is provided with suitable environment to reach new heights in terms of price. XRP price prediction is quite positive. Business analysts predict that XRP might reach the maximum price of $10.29 by 2030. Please take into account that none of the data provided above is neither fundamental analysis nor investment advice. None of the information provided is $9.33