Ripple at the edge with SEC allegations, should you still invest in 2023? Find out in this article as we discuss fundamental and technical analysis of XRP. Read on for Ripple price prediction for 2023, 2025, 2030, 2040, and 2050.
XRP is a digital currency that operates on the RippleNet blockchain network, which was founded in 2012 by Ripple Labs. XRP is one of the biggest cryptocurrencies by market capitalization but has been under serious allegation from the US regulatory body, Securities and Exchange Commission (SEC). Below are the present market stats of Ripple:
Ticker Name | Ripple (XRP) |
Ticker Value (24-h) | $0.4987 (-0.46%) |
Price Variation (7-d , 1-M) | -3.06% , -5.23% |
Volume (24-h) | $747,027,100 (-5.27%) |
Market Cap | $26,550,901,785 (-0.46%) |
Rank | #5 |
Fear/Greed Index | 44 Fear |
Market Sentiment | 97% Bearish |
All-time-high | $3.021 (06/01/2018) |
All-time-low | $0.00308 (16/08/2013) |
Is Ripple a Good investment?
Yes, Ripple is a good investment regardless of all the commotion around it. XRP is not a new contender and has proven to be a good investment for early buyers. Financial institutions utilize XRP for cross-border payments which not only brings good use to the token but also introduces efficiency. With up to 1,500 transactions per second, XRP transactions are executed faster than typical bank transfers.
Some of the most prominent partners of Ripple are:
- American Express
- Bank of America
- Santander
However, most exchanges don’t allow buying and selling XRP due to the lawsuit, and even Coinbase suspended trading.
Ripple Price History
Ripple’s cryptocurrency XRP was launched in 2013 with an initial coin offering (ICO) of $0.005875. Prior to December 2017, Ripple did not make any major improvements and hovered under a dollar and thus we did not include it in our analysis. From launch to present day, Ripple has made a total growth of 8392.69% and below is a brief chart containing historical prices in this period.
Date | Min Price | Max Price |
Sep 2017 | $0.1716 | $0.2588 |
Dec 2017 | $0.2213 | $2.8545 |
Mar 2018 | $0.4843 | $1.0802 |
Jun 2018 | $0.4273 | $0.7036 |
Sep 2018 | $0.2557 | $0.7963 |
Dec 2018 | $0.2825 | $0.4484 |
Mar 2019 | $0.2989 | $0.3267 |
Jun 2019 | $0.3799 | $0.5054 |
Sep 2019 | $0.2270 | $0.3220 |
Dec 2019 | $0.1784 | $0.2337 |
Mar 2020 | $0.1150 | $0.2459 |
Jun 2020 | $0.1744 | $0.2143 |
Sep 2020 | $0.2203 | $0.3032 |
Dec 2020 | $0.1748 | $0.6791 |
Mar 2021 | $0.4135 | $0.6026 |
Jun 2021 | $0.5127 | $1.0996 |
Sep 2021 | $0.8382 | $1.4137 |
Dec 2021 | $0.6145 | $1.0182 |
Mar 2022 | $0.7056 | $0.9080 |
Jun 2022 | $0.2905 | $0.4251 |
Sep 2022 | $0.3159 | $0.5522 |
Dec 2022 | $0.3343 | $0.4089 |
Mar 2023 | $0.3524 | $0.5804 |
Jun 2023 | $0.4565 | $0.8875 |
Sep 2023 | $0.4670 | $0.5242 |
Analyze the historical price of Ripple for obtaining an ideal target price before investing.
Ripple Price Prediction 2023 to 2050
Year | Min Price | Avg Price | Max Price |
2023 | $0.364.05 | $0.453.16 | $0.472.55 |
2024 | $0.747.54 | $0.827.75 | $0.994.62 |
2025 | $1.051.17 | $1.199.50 | $1.261.48 |
2030 | $2.816.55 | $3.108.34 | $3.176.12 |
2035 | $3.654.86 | $3.864.80 | $4.446.03 |
2040 | $4.288.40 | $4.903.45 | $5.956.73 |
2045 | $5.568.27 | $6.383.71 | $6.468.04 |
2050 | $6.286.53 | $7.122.03 | $7.801.48 |
Ripple Price Prediction for 2023
Ripple price prediction for 2023 forecasts average value around $0.453.16. If the bearish trend continues till the end of year, we might see minimum prices around $0.364.05. In recent times, Ripple has been exposed to several controversies, and prolonged bearish pull can also drop below our speculation. Since the verdict of SEC vs. Ripple case is slightly lingering in favor of XRP, prices are expected to grow on average in coming years with a maximum of $0.472.55 in 2023.
Ripple Price Prediction for 2024
Forecast of Ripple price for 2024 predicts numbers between $0.994.62 (high) and $0.747.54 (low). Technical analysis for short-term goals is very prospective as Moving Average is strong with ‘buy’ suggestion. Oscillators such as MACD also show a similar view Momentum in ‘sell’ and Relative Strength Index in ‘neutral’. Average prices of XRP for 2024 might settle around $0.827.75, a little short of the $1 mark.
Ripple Price Prediction for 2025
Ripple price prediction for 2025 forecasts a maximum price of $1.261.48, crossing the $1 milestone. The market sentiment of XRP in the present day is heavily bearish and if such continues, minimum prices in 2025 is predicted around $1.051.17. However, according to technical analysis, a four-hour frame reveals XRP growing as per the moving average in the past 50 days. Such might influence the average price in next two years to settle close to $1.199.50.
Ripple Price Prediction for 2030
Forecast for 2030 reveals that Ripple can touch a new all-time-high (ATH) of $3.176.12. Moreover, the lawsuit regarding SEC regulations is also expected to settle completely bringing average numbers around $3.108.34. The predicted market sentiment for 2030 is bullish but in bearish trends, the minimum price of XRP can be found at a low of $2.816.55. In case of multiple bull rallies during this period, we might also witness values higher than our speculation.
Ripple Price Prediction for 2040
Price prediction of Ripple forecasts that between 2030 and 2040 XRP can reach a maximum price of $5.956.73. Even the CEO of Morpher, Martin Froehler, believes that XRP can be valued at $5 by 2025. Keeping such claims aside, technical analysis also shows positive signs for Ripple in 2040 as Moving Average, Momentum, and MACD levels indicate ‘buy’ signs. Average prices are thus projected around $4.903.45 with minimum values around $4.288.40.
XRP Price Prediction for 2050
Ripple price predictions for 2050 show a probable high of $7.801.48 with minimum prices around $6.286.53. In such a long-stretch, there are limited hints in the market, but the candlestick chart of XRP certainly gives further insights. Speculations lead to a prospective future for Ripple if the lawsuits are in their favor. As of now, the average price of XRP in 2050 is predicted around $7.122.03. Keep a close eye on recent cryptocurrency news breakouts to make an informed investment decision.
Frequently Asked Questions
Will XRP go up?
Yes, predictions for Ripple price suggest a rapid-growth in the short term with consistent uptrend for the following years. By 2030, average price of XRP is forecasted to touch $3.108.34.
Will XRP reach $10?
It is definitely not impossible to happen but according to the study of the present market, it is unlikely that XRP will reach $10. Predictions show a maximum price of $7.801.48 by 2050.
How high can XRP realistically go?
If the blockchain company wins the lawsuit, the XRP price might reach $3.81 by the end of 2025, according to a recent projection by the Finders’ Panel.
Can XRP reach $500?
No, Ripple can never value itself close to $500 as in order to do so, Ripple needs a market capitalization of $25.9 trillion, which is probably more than America’s current GDP.
XRP $10000 to $35000: Is there a possibility?
No, it is impossible to ever find Ripple trading for $10,000 or more as it must increase at a pace of 26,315 times. As per the current conditions, such may take much longer than 216 years.
Should I Buy Ripple?
Yes, you can buy Ripple since the dark days are seeming to come to an end. With the SEC lawsuit finally leaning in favor of the company, the token is also performing better than at the start of 2023. Since the prices are also at a significant low, investing now might bring in substantial long-term profits. However, please conduct research on Ripple before investing.
Realistic Ripple Price Prediction
Realistic price prediction of Ripple projects prices at a steady increase with high competition from the market bears. There is an unhinged possibility of numbers dropping lower than where it stands but on average, Ripple is forecasted to grow in the long run. Study the candlestick chart of XRP to gain useful insights into the token.
Note: All predictions made above are based on analysis of Ripple in the present market and none of it should be taken as financial advice.