XRP is the world’s eighth-largest cryptocurrency, with about $36 billion market capitalization. After a rocky few months, XRP has shown some bullish momentum in recent weeks, which could indicate a reversal from the current falling market.
This article shares our XRP Price Analysis for the coming months and years. We discuss XRP’s forecast in great length, as well as where you can purchase XRP today with no commissions, thanks to our team’s research and analysis.
2022 XRP Price Prediction
If you’re seeking to purchase XRP immediately now and want to know more about the coin’s future, look no further. Here’s a breakdown of our XRP price estimate for the months ahead below, including technical, fundamental, and news-based analysis to provide an accurate XRP forecast.
One month — Since November, XRP has been on a downturn, albeit the price appears to have found a floor around $0.73. If pricing continues to rise, a $1 milestone is achievable in XRP within the following month.
Three months — Expect some stabilization around the $1 level, as psychological barriers will be strong in this area. However, if the current trend continues, we can expect XRP to reach $1.30 highs in the following three months.
End of 2022 — According to our XRP forecast, the coin will break through September 2021 highs and reach $1.80 by the end of 2022. It would be a 126 percent increase above the current price.
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2021 XRP Price History
Investing in cryptocurrencies, such as purchasing stocks, entails doing extensive research on the asset you’re interested in, as well as researching the coin’s price history to get a sense of where it might go next. It is called ‘due diligence.’ It is a major aspect of investing successfully. Let’s look at what XRP is before digging into our XRP stock prediction.
To begin, XRP is the Ripple network’s native coin, and it is a money transfer network developed by Ripple Labs which allows transactions to take place anywhere in the world. One of the best qualities of Ripple is that it functions as a middleman in financial transactions, with its blockchain technology assisting transaction validation and eliminating the need for banks or brokers.
In addition, the Ripple network is far faster than the old SWIFT network. Ripple transactions, for example, can be completed in four to five seconds; Ripple transactions are less expensive and only charge a fraction of XRP as a fee – typically less than 1p. As Forbes points out, Ripple is to replace the old SWIFT network — and it’s doing a pretty excellent job doing it!
Moving on to our XRP 2022 forecast, the price chart demonstrates how volatile this cryptocurrency has been in previous years. If you look at December 2017, you can notice a price increase by 1257 percent in just a few weeks, and this made many analysts and investors suggest that the price might rise high. Unfortunately, this was not so, and after reaching $3.3, the price began to fall.
The price of XRP has been steadily declining from those all-time highs in January 2018 to the levels we see today. There have been a few positive spikes in September 2018 and December 2020, but overall, XRP has underperformed since those highs.
The continuing SEC litigation against Ripple is one of the primary reasons why the live XRP price hasn’t fared as well. Legal action was filed against CEO Brad Garlinghouse and co-founder Chris Larsen for allegedly selling unauthorized securities worth more than $1.38 billion. This lawsuit has been ongoing since December 2020, and it has impacted the price of XRP.
However, the XRP price rose by 145 percent in less than a month in July 2021, indicating good momentum. Many market analysts predicted that the bull run would result in XRP returning to previous highs, but this was not.
XRP is currently priced at $0.77, down 43% from its September highs. We can notice lower highs and lower lows on the daily price chart, indicating a significant downward trend. We could see a turnaround out of the current downtrend if the area around $0.73 can hold as resistance, allowing XRP to surge higher once again.
XRP Price Predictions
Let’s look at our Ripple price projection for the future now that you have a good understanding of XRP and how it got to this position. We’ve divided the study into technical and fundamental aspects to guarantee that forecast is as precise as possible. Check out the outline of these variables for our XRP projection shown below.
The XRP price has now fallen below the 50-day and 200-day exponential moving averages, as shown in the chart below. It is a bearish sign, indicating that the overall trend is downward. However, as shown in the price chart below, XRP appears to be rejecting the $0.73 region, where it battled in December 2021.
We’d probably see a return to the $1 highs if the price rose from here. It would be a difficult psychological barrier to overcome, as there would certainly be much selling pressure. Wait for a strong closing past this level (on the Daily or Weekly chart) and see if the level
As mentioned in the EMAs, it would most likely coincide with XRP trading above, providing the momentum needed to return to the November 2021 highs. It would be another major resistance level, as the price has declined from here three times over the last six months. Overall, the technical aspect favors XRP, though caution is advised.
Investing in XRP is similar to investing in Bitcoin in that it is an investment in the underlying technology. The Ripple network has much practical application that adds credibility to the digital asset’s current asset.
Global Money Express (GME Remittance) has recently collaborated with RippleNet, according to FinanceMagnates.com, further strengthening the XRP price. Partnerships like this help the Ripple network gain reputation, a good coin valuation.
However, the continuing dispute with the Securities and Exchange Commission (SEC) is also worth mentioning. It’s uncertain that XRP will see the upswing that it should until the litigation is resolved. If the dispute goes in Ripple’s favor, the price of XRP might rise in the months and years ahead.
XRP Price Forecast 2025 – Long-Term Prospects
Our long-term XRP forecast is positive. Unlike other altcoins such as Dogecoin and Litecoin, XRP offers a variety of real-world applications that support its long-term viability. Therefore, the XRP forecasts show that the XRP price is not on hype and conjecture bases, which frequently results in disaster.
XRP has also lately benefited from the Senate’s decision to halt proposed legislation severely regulating the cryptocurrency business. The market exploded when the Senate stopped it, with cryptocurrencies like XRP, Ethereum, and Cardano reaping the benefits. Furthermore, the Senate’s vote against it indicates that governments are warming to the concept of digital currencies, which is great news for the future.
One of the key reasons our XRP price prediction is so bullish in the future is that the tipple system is substantially faster than SWIFT. The current payment system is inefficient and obsolete, with XRP the most viable replacement. If the SEC litigation successfully handles the dispute, it may inspire other financial institutions to use Ripple’s system, resulting in huge price hikes in XRP forecasts.
With that in mind, our XRP price prediction for 2025 predicts the coin will be worth roughly $3.50. It would be a 350 percent rise over today’s price, and it would be greater than the all-time highs reached in January 2018. Again, a lot of this is dependent on the SEC filing, which is currently hovering over Ripple – but we are hopeful that there will be a consensus.
According to our calculations, our XRP price forecast for 2030 is likewise positive, with the digital asset valued at $7. It would quadruple the value we forecast for 2025, demonstrating how bullish we are on the currency. So, if you wish to diversify your portfolio with Bitcoin UK and other cryptos, XRP could be a smart place to start.
Also, Ripple is affiliated with Amazon Web Services, which adds to the company’s credibility. More entities will likely join Ripple if they can continue enhancing their technology and improving their marketing, as the system is considered superior to what is now in use. It would bode well for the future of XRP forecasts.
What is the Best Platform to Invest in XRP?
As this essay has shown, XRP has a lot of potential in the future. The underlying technology is extremely advantageous to businesses and consumers, increasing XRP’s confidence. Moreover, XRP is now slightly outside the top five cryptos in market capitalization, but that might change in the future.
If you want to acquire XRP at its current price, you’ll need to work with the best trading platforms in the UK. These platforms allow you to invest in bitcoin from the comfort of your own home, making the process simple. Although there are many brokers to select from, we strongly advise you to choose eToro.
The FCA, CySEC, and ASIC all regulate eToro, making it one of the most popular brokers in the world. Furthermore, the Financial Services Compensation Scheme (FSCS) regulates eToro, which means that consumers are compensated up to £85,000 in the unlikely event that eToro goes bankrupt. eToro is one of the safest locations to acquire cryptocurrencies this year due to this oversight.
When you place a trade with eToro, one of the finest stock brokers right now, you will not be charged any transaction fees. In contrast, many other brokers may charge a portion of your deal size as a fee. It can add up to a significant amount of money; thus, eToro doesn’t charge this upfront, saving you money in the long run.
eToro also has a handy tool called ‘CopyPortfolios,’ fee-free investment portfolios. By investing in these portfolios, you’ll gain access to a managed fund without the high fees associated with conventional funds. Furthermore, eToro has a separate ‘CryptoPortfolio’ that gives user’s direct access to the cryptocurrency market and its moves.
Finally, the minimum deposit on eToro is only $10 (£7.30), and you can use a credit/debit card, bank transfer, or e-wallet. Deposits are completely free, and eToro does not charge any monthly account fees. Finally, if you are new, you can try out eToro’s demo account function, which allows you to practice trading without risk.
Conclusion on the XRP Price Prediction
In conclusion, our XRP price forecast for the near future is extremely bullish. The Ripple network has numerous real-world applications, paving the path for many financial institutions to use it instead of the SWIFT network. If Ripple’s executives can resolve the prospect of an SEC lawsuit, the way will be clear for additional XRP price rises.
If you want to purchase XRP immediately, we recommend eToro. The FCA, ASIC, and CySEC regulate eToro, making it one of the safest places to acquire cryptocurrencies. Furthermore, the minimum deposit at eToro is $10, and there are no transaction fees when you trade!
What is the current XRP price?
Today’s XRP price is $0.77. It marks a 170 percent increase over the same period last year.
What factors influence the price of XRP?
One of the main factors driving the XRP price is the adoption of the Ripple system by large financial institutions. As more systems join Ripple, the network gains confidence, raising the value of XRP.
What is the best place to purchase XRP?
Most brokers will let you invest in XRP because it is the eighth largest cryptocurrency at the time. However, we choose eToro because of their tight spreads and ability to invest as little as $10.
What is causing the price of XRP to fall?
Due to the current bearish investor sentiment towards cryptocurrencies, XRP is gradually declining. It is primarily due to concerns about the SEC’s pending litigation.
By the end of 2022, how much will XRP be worth?
Our XRP estimate forecasts that the coin will be worth roughly $1.80 by the end of 2022. It would be a 126 percent increase above the current price.
What will the value of XRP be in 2025?
We estimate that XRP will be worth $3.50 in 2025. It would be a 350% gain over the current XRP price.