Ripple (XRP) had a bittersweet 2023. While the prices moved alarmingly close to $1, post the positive verdict in July 2023, the prices never reached that high for the rest of the year, surprising many. 2024 has arrived, and with the bulls signaling a possible return, a detailed XRP price prediction for the next few years makes sense. Let us delve deeper into the fundamentals, technical analysis, short-term price levels, and other elements to gauge Ripple’s possible path till 2030 and beyond.
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- Ripple in 2024: Hits and misses
- Fundamental factors and XRP price prediction
- XRP price prediction: Unpacking the technical analysis
- Ripple (XRP) price prediction 2024
- Ripple (XRP) price prediction 2025
- Ripple (XRP) price prediction 2030
- Ripple (XRP) price prediction until the year 2035
- Is the XRP price prediction analysis expected to hold?
- Frequently asked questions
Ripple in 2024: Hits and misses
2024 for XRP started with some heavy offloading. Ripple unlocked one billion XRP tokens, of which 20% were moved to the spending account. But that wasn’t all. Ripple moved eighty billion of this 20% to an undisclosed wallet.
Result: Speculations regarding a market-wide sell-off from the parent firm itself. This could be another reason why, despite the buoyant market conditions, XRP continues to underperform.
Do note that the large transfer doesn’t indicate an actual sell-off. Besides the official token transfer, a notable XRP whale was also seen offloading close to 26 million XRP tokens. This could be disconcerting with the tokens moving to an exchange — notably Bitstamp.
Moreover, whale trackers are constantly identifying XRP exchange inflows — activities that might suggest a bearish trend in the short term.
But before that, it is appropriate to mention the “Partial Payments Exploit” hack, which external hackers attempted. The hackers aimed to exploit the Partial Payments feature associated with XRP Ledger to deceive the Bitfinex exchange into accepting a transaction that was much smaller than what it appeared to be.
Did you know? XRP Ledger’s Partial Payments feature allows the sender to specify a higher transaction amount than what is being sent. This legitimate feature allows for flexible payments and settlements, completing transactions with insufficient funds, and streamlining recurring digital payments.
As a critical feature was hacked, Ripple and XRP attracted some negative sentiment, which might not be good for the price action.
Let us dig deeper into this with fundamental analysis.
Fundamental factors and XRP price prediction
Before delving deeper into the metrics, here is a quick XRP critique that identifies the project as largely centralized, contrary to what the Ripple executives believe. With XRP’s trustlessness in question, the price action might be impacted negatively.
But then, with Bitcoin ETFs finally approved as of Jan. 10, 2024, and ETH ETFs being contemplated, XRP ETFs might not be that far-fetched. If they arrive or even the talks of approval surface, every other negative sentiment would likely be blown to bits.
“XRP actually has a decent shot of being approved before ETH.”
Mudit Gupta, CISO of Polygon Labs: X
As of Jan. 18, 2024, XRP’s trading volume has steadily increased.
An interesting trend here is that the current trading volume pattern — 90-day trading volume — is synonymous with that before the peak XRP made in July 2023, when it bested SEC in the courtroom. Therefore, any positive sentimental push can increase prices and negate the bearish waves.
A bearish sign, however, would be the drop in the 90-day active address count.
With fewer XRP addresses around, a sudden surge doesn’t look to be on the cards. Yet, in the crypto space, a lot can happen within a short space of time.
Another alarming indicator has to be the mean coin age. As of mid-December 2023, there was a steep decline in the 365-day mean coin age of XRP. This might mean that long-term holders are planning to offload their assets, indicating a possible sell pressure in the short term.
While the indicators are slightly hinged toward a bearish price action, initiating a detailed technical analysis will give us further clarity.
XRP price prediction: Unpacking the technical analysis
Before we discuss the broader price patterns, let us explore the short-term price action of XRP, identifying key resistance and support levels it needs to breach or should protect.
XRP short-term analysis as of January 2024
As of Jan. 18, 2024, XRP is trading inside a descending triangle, with a possible breach below the lower trendline. The price candle also seems to have breached the 200-day EMA line, confirming a bearish stance.
The momentum indicator, Relative Strength Index (RSI), makes lower highs and lower lows, hinting at a weakening momentum. The price action seems bearish, backed by the opposing sentiments surrounding possible token sell-offs.
If the dip continues, the key support levels could be at $0.547 and $0.504. But then, to gain some bullish momentum, XRP will have to breach past the $0.668 mark, which could be the immediate resistance. Even the RSI will have to cross 50 for that to happen.
XRP short-term analysis as of March 2024
As of March 25th, Ripple (XRP) is trading at $0.6398, with a 30-day price increase of 14.2% and a market cap that has grown to $33.96 billion, indicating a solid upward trend in value. However, there’s been a substantial decrease in core developer activity, with a 71% reduction over the same period, in contrast to the financial growth indicators.
Weekly chart analysis of XRP
Here is the weekly chart of XRP, per Binance’s XRP/USDT pair. Notice how we have marked points through A to G and G to B1 on the left and right sides of the charts. At first glance, the chart resembles a foldback pattern, with the left side being a rough mirror image of the right. The idea now is to find the distance between every high-to-low and low-to-high to get hold of the expected average percentages.
Note: For the sake of simplicity, we have chosen not to consider the smaller highs or lows that occur between two crucial points.
Also, as we are going from B1 to A1, we shall take the levels from G to F1, F1 to E1, and so forth. Therefore, for the left side of the chart, we take levels starting from G and going all the way to A.
Chart plotting and calculations
Let us plot the chart’s left side, starting at G and moving towards A. We shall take the percentage gain/loss and the time frame:
| G to F | -91.34% in 105 days |
| F to E | 363.56% in 35 days |
| E to D | -86.92% in 259 days |
| D to C | 760.83% in 539 days |
| C to B | -69.03% in 42 days |
| B to A | 506.18 in 105 days |
Let us now plot the right side of the chart, starting at G and going all the way to B1.
| G to F1 | –74.54% in 70 days |
| F1 to E1 | 178.78% in 77 days |
| E1 to D1 | -79.63% in 280 days |
| D1 to C1 | 226.76% in 392 days |
| C1 to B1 | -55.49% in 35 days |
Now let us find the average of all high-to-lows and low-to-highs (all the negative and all the positive moves to locate the next point or A1 on the chart)
Average price hike: 407.22% and 230 days (lowest estimate would be 178.78%)
Average price drop: 76.16% and 132 days (highest drop estimate would be 91.34%)
Also, it is worth noting that the price surge on the left side of the chart, from E to G, happened when the RSI made higher highs. Therefore, while we can expect the next high or A1 to be according to the average levels, a higher high made by the RSI would be a good signal. The previous RSI hike took 294 days, which we must remember.
Ripple (XRP) price prediction 2024
Outlook: Bullish
Now that we have the average price hike level of 407.22% in 230 days, the target could be as high as $2. However, considering the bearish sentiments and no ETF in sight, the level could go as high as the lowest estimate of 178.78%. The high could appear anytime between 230 and 294 days (the time taken for the left side RSI surge).
Therefore, the more conservative XRP price prediction high for 2024 is $1.17, preferably by June. Also, as the projected low is 76.16%, we can expect the next low or B2 to be at $0.28.
Projected ROI from the current level: 108%
Ripple (XRP) price prediction 2025
Outlook: Very bullish
Provided B2 or the XRP price prediction low holds for 2024, we can extrapolate the next high in 230 days by 407.22%. This price percentage might not be too wishful if, by the end of 2024, an XRP ETF launches or the $1 price level is breached.
Therefore, the XRP price prediction for 2025 could be at $1.42. Note that this is a conservative estimate, and the final price will depend on the low charted by XRP in 2024. If XRP respects the crucial support level of $0.504, per the short-term analysis, the 2025 high could be $2.57.
Provided XRP moves to the bull market phase by 2025, the low in 2025 could either be at $1.17, the high of 2024, or $0.94, the previous high made in 2023.
Projected ROI from the current level: 356% max
Ripple (XRP) price prediction 2030
Outlook: Bullish
Provided the lowest XRP goes to 0.94 in 2025, the next high, in 2026, could be at $4.76, considering the level of 407.22%. Also, based on the average price drop of 76.16%, the 2026 low could be expected to surface at $1.13 to $1.17, the expected high of 2024.
From that low, the next high in 2027 could surface at $5.98.
Now, if we use the 2026 low and 2027 high as the swing high and low, the expected XRP price prediction level could surface at $23.50. However, that would be a generous estimate, considering XRP also continues to grow fundamentally.
Projected ROI from the current level: 4087%
Ripple (XRP) price prediction until the year 2035
Here is a table that captures all the possible XRP price prediction levels till 2035.
| Year | Max price of XRP (expected) | Min price of XRP (expected) |
| 2024 | $1.17 | $0.28 |
| 2025 | $2.57 | $0.94 |
| 2026 | $4.76 | $1.17 |
| 2027 | $5.98 | $1.43 |
| 2028 | $7.23 | $2.50 |
| 2029 | $12.68 | $4.70 |
| 2030 | $23.50 | $7.30 |
| 2031 | $37.03 | $11.50 |
| 2032 | $103.31 | $25.27 |
| 2033 | $120.66 | $48.67 |
| 2034 | $243.35 | $96.45 |
| 2035 | $320.66 | $122.45 |
Note: We will revise every point of this XRP price prediction discussion every year or after each milestone event to recalibrate the crucial levels.
Is the XRP price prediction analysis expected to hold?
This XRP price prediction model follows the latest ecosystem developments. The technical analysis and charts are recorded at the onset of an upcoming bull market and after the market has shrugged off the Bitcoin ETF bias. This makes this data-powered XRP price prediction as accurate as possible. Of course, nothing is certain, and we would suggest a quintessential DYOR approach to find the right entry and exit levels for you should you look to buy XRP.
Frequently asked questions
Ripple (XRP) was always supposed to be a payments-focussed cryptocurrency. It came into existence in 2012, with a pre-mined supply of 100 billion. XRP’s foremost use-case is to facilitate low-cost money transfers across borders.
Ripple has foundational differences with other cryptocurrencies. Firstly, unlike Ethereum, it isn’t exactly general purpose and more of a payment facilitator. It also differs from the likes of Bitcoin as there is no proof-of-work (PoW) support but a novel consensus algorithm in Ripple Protocol Consensus Algorithm. Finally, Ripple’s target audience is mostly the financial institutions and not standard developers.
Even though the company — Ripple Labs (now Ripple) — claims XRP to be decentralized, there might be a bit more to this. XRP’s consensus focuses on UNLs or the Unique Node Lists, which translate to lists released by the centralized parties. Also, Ripple, the company behind XRP holds a massive chunk of the tokens, which were recently moved to a spending address, raising concerns. Therefore, Ripple might not be completely decentralized but adheres to the ethos of the concept.
The future price of Ripple (XRP) could be influenced by several key factors, including regulatory developments surrounding Ripple Labs and the broader cryptocurrency market, partnerships with financial institutions, technological advancements within the Ripple network, and overall market sentiment towards cryptocurrencies.
Thanks to its fast settlement times and low transaction costs, Ripple’s utilization in cross-border transactions positions it as a valuable tool for financial institutions and payment providers. As Ripple continues to secure partnerships with banks and expands its network, the increased adoption and utility of XRP for these transactions could positively impact its price by driving demand.
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