XRP Price Prediction $500, $100 or $50 by 2023-2025
XRP Price Prediction $500, $100 or $50 by 2023-2025
XRP Current Price $0.3426 (28.35 INR)
Ripple has precisely a bullish outlook and is anticipated to reach the price range of $0.337 (27.89 INR) and $0.413 (34.18 INR).
XRP Price Prediction for 2023 Stands at $0.809 (66.94 INR)
XRP Price Prediction for 2025 Stands at $1.507 (124.70 INR)
Ripple Price Prediction for 2030 Stands at $7.219 (597.37 INR)
XRP Performance 2022
- Previous Month: -12.7%
- Previous 3 Months: -9.7%
- YTD: -60.2%
XRP Performance in 2022’s 2nd Half
- July: +20.6%
- August: +31.5%
- September: +50.1%
- October: -2.2%
- November: -10.4%
- December: -16.5%
In 2022’s 2nd half, XRP gained comprehensive profits during July, August, as well as September. However, the next 3 months were hard on the token. In the 4th quarter of 2022, the price loss of XRP has surpassed that of Ethereum and Bitcoin.
Relevant: XRP Sees Severe Price Volatility During Ripple vs. SEC
XRP Performance in Q4 of 2022
- XRP: -26.8%
- Ethereum: -25.1%
- Bitcoin: -19.6%
XRP Price Technical Analysis
November’s 1st week witnessed XRP trading around $0.50 (41.38 INR). However, it was the XRP’s last time to reach this point. After that, the Token’s price collapsed and since then it has been below the $0.50 (41.38 INR) mark. At present, XRP is expressing a slightly bullish trend.
XRP Price Current Overview
- XRP Price: $0.3426 (28.35 INR)
- XRP Trading Volume: $905,248,563 (74,909,363,850.68 INR)
- XRP Market Capitalization: $18,532,744,797 (1,533,585,558,588.9 INR)
- XRP Support: $0.337 (27.89 INR)
- XRP Resistance: $0.413 (34.18 INR)
XRP Price Technical Indicators
- XRP’s 50-day moving average (DMA) is lower than its net price. Hence, it offers a Buy Signal.
- The price is nearing the 200-day moving average (DMA). Hence, it indicates a Hold Signal.
- XRP’s Relative Strength Index (RSI) is 55.61. The RSI has returned from the overbought zone. This again signifies a Hold Signal.
- XRP’s Momentum Oscillator is more than 0. Thus, the general momentum shows a bullish trend.
Ripple’s Discussions on Reddit
In a new discussion on Reddit regarding Ripple, the SEC has been condemned for not starting an investigation into FTX. Users appear to have mixed responses on this. A user noted that the regulator is there to carry out the investigation, but not on the financial securities. Furthermore, as per another user, SEC did not investigate FTT as it was categorized as a security.
Does XRP Offer a Good Investment Opportunity?
XRP is categorized among the biggest crypto assets across the globe and its market capitalization is nearly $23 billion. XRP is Ripple blockchain’s local token and was introduced back in 2012. Furthermore, the platform pays considerable attention to financial services along with providing a payment protocol to fuel financial transfers around the world. Dissimilar to Ethereum and Bitcoin, Ripple is significantly centralized because its network “Unique Node List” is more privately owned.
On the other hand, Ethereum or Bitcoin gives the transactions in control of the validators. Following a struggle for some years, the period of 2017 and 2018 proved to be the ideal time for XRP tokens. During the respective time, the token took the 2nd position after Bitcoin in terms of market capitalization.
5 years back, XRP touched its all-time high price for another time on the 4th of January in 2018. At that time, Ripple’s native token stood at the price mark of $3.84 (317.76 INR). Nonetheless, after that, the XRP developers and Ripple were accused by the SEC of selling the token in the form of unregistered securities. As a result of this, XRP’s price collapsed and a huge sell-off took place.
In the recent five years XRP by 111%. Since 2013, XRP’s progress is described below
- XRP Price in 2013: $0.028 (2.32 INR)
- XRP Price in 2014: $0.024 (1.99 INR)
- XRP Price in 2015: $0.0062 (0.51 INR)
- XRP Price in 2016: $0.0064 (0.52 INR)
- XRP Price in 2017: $2.1 (173.78 INR)
- XRP Price in 2018: $0.37 (30.62 INR)
- XRP Price in 2019: $0.19 (15.72 INR)
- XRP Price in 2020: $0.21 (17.38 INR)
- XRP Price in 2021: $0.85 (70.34 INR)
- XRP Price in 2022: $0.34 (28.14 INR)
Will XRP Be Used by Banks?
XRP is considered among the prominent crypto assets
Will XRP Price Increase?
According to a report from PWC,
- Volumes of cashless payments are expected to be above 80% between the 2020-2025 period, moving from nearly 1 trillion transfers to approximately 1.9 trillion. The respective volume will become 3-times bigger by 2030.
- Asia-pacific will increase by up to 109% by 2025. After that, a 76% increase will take place in this figure between 20225 and 2030.
- In Africa, a 78% rise is expected before 2025. Subsequently, an upsurge of 64% will take place from 2025 to 2030.
- In Canada and Europe, the growth will be less. Cashless payment will likely have a 52% rise in Latin America. After that, up till 2030, the extent of the growth will be 48%.
- Ripple is establishing its position among the best players worldwide that are offering matchless payment solutions and may play a significant role in the future. The platform has been collaborating with top banks across the globe to offer its payment solutions-related benefits.
In this way, XRP and Ripple’s future appears to be very promising as the economy is jumping toward the adoption of cashless and rapid payment solutions. Hence, XRP may turn out to be a fine long-term option for investment.
XRP Prediction for 2023
The price of XRP is directly reliant on the lawsuit against the SEC. If the lawsuit is not settled, the XRP price may remain lower than the $1 mark even in the coming year.
XRP Prediction for 2023 stands at $0.809 (66.94 INR)
XRP Price Prediction for 2025
Ripple price prediction for 2025 will potentially rise by 2.5 times in comparison with its current position depending on:
- Advanced macroeconomic atmosphere
- Ripple blockchain’s enhanced utilization
- Favorable conclusion in the SEC lawsuit
- Additional B2C-related use cases
XRP price prediction for 2025 stands at $1.507 (124.70 INR)
XRP Price Prediction for 2030
In line with several platforms,
XRP Price Prediction for 2030 stands at $7.219 (597.37 INR)
XRP Price Prediction is below.
- If the XRP price rises by 5% per year, the XRP price prediction for 2030 would be nearly $0.812 (67.19 INR)
- If the XRP price rises by 20% per year, the XRP price prediction for 2030 would be almost $2.36 (195.29 INR)
- If the XRP price by 30% every year, the XRP price prediction for 2030 would be up to $4.48 (370.72 INR).
