Ripple (XRP) remains the most attractive cryptocurrency on the market, along with Bitcoin and Ethereum. With the cryptocurrency trading market entering an exciting new era, traders who can call an accurate Ripple prediction will make a lot of money trading cryptocurrencies.
In this article, we explain Ripple’s XRP and present the information to make a Ripple XRP price prediction. This includes analysis of Ripple’s price in the cryptocurrency market, previous XRP price predictions and future Ripple price predictions.
Ripple price forecast for 2021, 2022, 2025 and 2030
Experts believe that Ripple could rise from its current price level of $0.46 to $2 in 2021.
- Crypto experts predict that by 2023, Ripple’s value could reach $3.
Some experts have predicted that if the adoption of XRP occurs at the predicted levels, we could see the price of Ripple go on a bullish scale and the price of XRM could rise to $5 in 2024.
- XRP could hover between $4-$8 in the vicinity. Most forecasts state that Ripple’s value will be around $6 for most of 2025.
- XRP’s long-term price forecast states that the digital currency could reach $17 by 2030.
Ripple and XRP are often used interchangeably on most cryptocurrency trading and exchange websites. But strictly speaking, Ripple is not the same as XRP. Ripple is a privately held company that uses advanced blockchain technology to enable a network of real-time payment, exchange and remittance services built on a distributed ledger database, the XRP ledger. Ripple’s payment services support multiple currencies, including legal currencies.
XRP, also known as Ripple coin or simply Ripple, is the actual token, Ripple’s digital asset. XRP is used on the Ripple network to facilitate money transfers between different currencies. By first converting the value of the transfer into XRP (rather than a fiat currency such as USD), exchange fees are avoided and payments can be processed in an instant.
We want to continue to focus on making XRP a valuable payment tool and that value will increase accordingly.
– Brad Garlinghouse, CEO of Ripple
The speed and efficiency of Ripple’s system has led large traditional financial institutions such as Bank of America and Spanish banking giant Santander to adopt it.
The price of the XRP coin is technically independent of the Ripple network: customers are not forced to use the cryptocurrency, but the increased adoption of the Ripple payment system will certainly affect XRP price forecasts as mainstream interest grows.
What are the differences between XRP and Bitcoin?
- Bitcoin is decentralised, fully public and aims to bypass banks, but Ripple is controlled by a company that aims to work with banks.
- Ripple’s XRP cannot be mined. Instead, a finite amount of XRP is created and released simultaneously by Ripple. With each transaction, a small amount of XRP is destroyed, decreasing the supply.
- It takes from 10 minutes to over an hour to process a bitcoin transaction, but only four seconds using XRP.
- XRP is capable of 1,500 transactions per second, while bitcoin’s maximum is about 7 transactions per second.
- Transactions are also cheaper with XRP. Average fees for bitcoin transactions have increased to $27, with each transaction taking an average of 70 minutes to clear.
So, should you buy Ripple’s XRP? Ripple’s current price is good for buyers and it makes sense to invest if Ripple’s price forecasts show XRP rising. Let’s take a look at the evidence from Ripple’s price history and future XRP price forecasts from crypto exchanges and experts.
RIPPLE (XRP) PRICE ANALYSIS
To be able to understand Ripple’s future XRP price predictions, we will first look at how the cryptocurrency has performed in the market so far. Have previous price predictions proven to be correct?
Ripple’s payment protocol and related digital token XRP have been around since 2014. The Ripple coin started on the market with a value of around $0.06. Then, as Ripple formed partnerships and developed its relationships with established banks, the price of the XRP cryptocurrency began to rise. Since 2014, the price of XRP has increased, although it is still accessible as an investment.
Ripple could be the catalyst in making cryptocurrency more mainstream
– Craig Cole, CryptoMaps
The first price spike came in May 2017, when an XRP became worth $0.34. The rise in XRP value correlated with Ripple’s emergence in emerging markets, when it opened new offices in Singapore and Mumbai.
Thanks to Bitcoin’s rally in 2017, cryptocurrencies like Ripple have also risen. As a result, Ripple’s price rose to $1 and surpassed $3 in January 2018, almost surpassing $3.50.
Ripple Price Analysis 2018
To examine the future movements of XRP, it’s a good idea to look at the past. The cryptocurrency was first made available in 2012 with a pre-mined supply of 100 billion tokens. Compare that to bitcoin, which has a maximum supply of 21 million coins to be released between now and 2140.
XRP was trading close to $0.005 (€0.0045, £0.0037) at launch. For the first few years, the price did not move much. The value of XRP remained largely unchanged until 2017. That was the year of the first big boom in the cryptocurrency industry, which was largely unexpected and increased the value of bitcoin, ethereum and many other crypto tokens, including XRP. Ripple’s coin rose rapidly in price during April and May 2017, reaching $0.40 per token. Prices subsequently stabilised around $0.20 for most of 2017.
Another surge was observed on 13 December 2017, when XRP prices increased by 84% in one day from $0.27 to $0.51. In the weeks that followed, records continued to be broken. After breaking the $1 barrier, XRP ended the year at $2.30, a huge 38.00% increase in its price at the start of 2017. The bull run continued in the first week of January 2018, when prices reached $3.40 – the all-time high for XRP that has yet to be recovered.
This high point did not last long, with Ripple facing some brutal market corrections. By January 8, 2018, XRP was down to $2.46. By mid-January, prices were halved to $1.18. Finally, in February, Ripple fell below the $1 line. Since then, XRP has failed to rise above this threshold. Typically, Ripple encounters resistance around $0.18 to $0.23.
Ripple Price Analysis 2019
Ripple prices in 2019 tell a similar story to 2018. Despite the occasional flare-up of interest that pushed the XRP price up to $0.40 or even as high as $0.60, it remained largely in the twenties and did not even come close to breaking a dollar
2020 Ripple Price Analysis
XRP has been relatively steady over the last three months of 2020, with a couple of price jumps.
XRP rose from $0.44 to $0.69 on November 25, 2020. The currency remained between $0.52 and $0.69 until 22 December 2020, after which it fell to $0.26. Ripple was unable to cross the $0.32 mark until 30 January 2021, when the currency’s value rose to $0.50.
This rally can be attributed to a crowd pump that GameStop experienced. The price of Ripple rose 56%, fuelled by members of a Telegram group called Buy & Hold. This increase in Ripple’s price erased the losses incurred when the currency fell from $0.55 to $0.20. Currently, Ripple is trading at $0.46 and is expected to rise further.
TECHNICAL ANALYSIS XRP
Ripple’s XRP is meant to be a method of facilitating payments between financial institutions, not an investment vehicle. However, you can still invest in it and there are many reasons why you should. XRP holds the largest share of the cryptocurrency market after bitcoin and ethereum, but it is cheap, usually between 15 and 20 cents. Ripple’s low price makes it a perfect entry point for beginners and mid-level investors priced out of bitcoin and ethereum.
Since Ripple price forecasts predict that XRP’s value will increase, even if adoption is slow, XRP could be a good long-term investment. Another advantage of buying Ripple is that it has so far shown less volatility than bitcoin and other cryptocurrencies, making it a safer investment, even during periods of trading for digital assets.
RIPPLE (XRP) PRICE FORECAST FOR 2021, 2025, 2030
Most Ripple price forecasts have stated that the cryptocurrency is expected to remain stable in the short and long term.
With Ripple linking up with more financial institutions and banks globally, it is set to see an increase in adoption and usage cases. This is significant as it could drive up the price of XRP.
At the moment Ripple is a reasonably safe investment and investors can enter the market and make a potential profit from their investments.
Ripple (XRP) price forecast in 2021
Ripple has stated that it plans to create a payment system that banks can use to transfer funds internationally and domestically. Ripple has announced partnerships with several banks and financial institutions such as JP Morgan, HSBC Holdings, Banco Santander, Mizuho Financial Group and MoneyGram. HSBC Bank Limited also joined the Ripple network in August 2020.
Ripple has positioned itself as an alternative to the SWIFT payment system. The report by the Official Monetary and Financial Institutions Forum (OMFIF) states that DLT technology, on which XRP operates, could address key issues in the banking sector. The report also states that banks can replace SWIFT and instead use an XRP pool, making transactions efficient and fast.
Moody’s also stated that Ripple has many plans ahead. With the network forming partnerships with more banks and financial institutions, experts believe that Ripple could rise from its current price level of $0.46 to $2 or even more if there is sustained institutional interest.
Ripple (XRP) price forecast in 2022
The Ripple price forecast states that Ripple is expected to trade at $0.55 in early 2022. However, experts predict that Ripple could rise towards the end of 2021 if institutional interest were to impact this forecast. However, the digital currency is expected to hold between $0.55 and $0.60. The cryptocurrency should maintain this level for most of 2022.
Ripple (XRP) price forecast in 2023
Ripple is expected to see an increase in value during 2023. The Ripple team has several projects that will see the light of day in 2023. The network is also ready to partner with more financial institutions and hopes to see considerable mainstream adoption in 2023 This could push the price of XRP higher than it has ever been, with experts predicting that by 2023 the currency could reach $3.
Ripple (XRP) price forecast in 2024
According to our analysis and Ripple price prediction, XRP could push the $5 mark in 2024. Cryptocurrency experts believe that XRP could see significant adoption in 2024. Some experts have predicted that if the adoption of XRP happens at the predicted levels, we could see the cryptocurrency go on a bull run and Ripple’s price could rise further.
Ripple (XRP) price forecast in 2025
The Ripple price forecast for 2025 is quite optimistic, with experts predicting that XRP will hover between $4-$8 in the vicinity. Most forecasts state that the value will be around $6 for most of 2025. The mass adoption of Ripple could see the cryptocurrency become an accessible investment asset that could increase in value further. Ripple plans to partner with major European and Latin American banks, promoting both Ripple and XRP. This could lead to a significant increase in the price of XRP.
Ripple (XRP) price forecast in 2030
The year 2030 will see Ripple experience significant growth due to increased adoption and use cases. XRP’s long-term price forecast states that the currency could reach $17 by 2030.
Ripple price predictions from top cryptocurrency traders and analysts
Most Ripple predictions have set an upper limit of $10 to Ripple’s price. However, a price of $5 is more realistic, which is a 15x ROI on the investment.
Capital.com has predicted that XRP will maintain an average price of $0.60 in 2021. It will push $0.7 in 2022 and close the year around $0.80. Capital.com’s price forecast states that by 2025 Ripple will be trading at around $1.50-$3.60
Investment Haven has a bullish price forecast for Ripple. The platform states that Ripple could reach $20 in the near future if XRP sees adoption by banks and other financial institutions.
Ripple Coin News’ price forecast states that the price of Ripple will be stable during 2021-2022. Ripple’s partnerships with financial institutions and banks will drive its price to $10 by 2025.
Moody’s Ripple price forecast states that due to Ripple’s partnerships with financial institutions, Ripple and technology will see increased adoption, which will drive its price higher. Moody’s predicts that XRP could rise to $2 by 2021.
Oracle Times’ prediction states that Ripple could increase by up to 2000%. However, they state that this kind of growth is only possible if Ripple was the best option for cross-border payments.
Brad Garlinghouse, CEO of Ripple, has big predictions for Ripple’s future. Garlinghouse predicts that Ripple could become the Amazon of the cryptocurrency industry by 2025. Garlington is playing a safe, long-term game. In a 2018 interview, he reminded listeners that anyone investing in XRP, rather than trading it, should consider thinking in months and years, not days.
Brad Garlinghouse also stressed the importance of cooperating with governments and banks, as opposed to the freebooter spirit, which circumvents bitcoin regulation. And he may be on to something. Ripple has already thrived during bearish market periods when other blockchain projects have failed.
Addressing the recent market downturn in the wake of the Coronavirus pandemic, Garlinghouse said the universal economy is in “uncharted waters” due to the market uncertainty triggered by the disease. However, Garlinghouse says that the cryptocurrency market will recover from this phase.
Here’s how TradingBeasts market analysts predict future price movements for Ripple:
- XRP Price 2021: Ripple is expected to be priced between $0.20 and $0.31.
- XRP 2022 price: TradingBeasts’ price forecast for XRP in 2022 places it between $0.41 and $0.5.
- XRP price 2023: TradingBeasts’ analysis puts the average price of XRP in 2023 at $0.30.
WalletInvestor, a self-described artificial intelligence-based forecasting service, has a history of pessimistic predictions for the XRP price, going so far as to describe it as “a bad one-year investment”.
- XRP price 2021: In 2021, Ripple should recover and the price will rise to between $0.20 and $0.60.
- XRP price 2022: WalletInvestor’s forecast is still optimistic for 2022, with an expected Ripple price of around $0.50.
- XRP 2025 price: WalletInvestor’s price forecast for Ripple goes as high as $0.041, with an average price of $0.026.
WalletInvestor’s technical analysis states that XRP will not reach $5 or even exceed $1 again and that interest in the coming years will not be sustained by 2025.
LongForecast is run by the Economic Forecast Agency, which specialises in long-term market forecasts. Here’s how they predict the price of XRP will perform over the next few years.
- XRP price 2021: the price of Ripple is expected to fall and stay between $0.10 and $0.17.
- XRP 2022 price: the price of XRP is expected to drop significantly to an average of $0.06.
- XRP price 2025: LongForecast’s closest prediction is that the price of Ripple could reach $0.20 in the fourth quarter of Smartereum is a Houston- and Silicon Valley-based news site founded in 2017. It reports news, analysis and information on blockchain technology, including cryptocurrencies such as bitcoin, ethereum, litecoin and, of course, Ripple’s XRP.
Many experts have been reluctant to make a prediction of Ripple’s price above $500 per coin. However, this seems to have changed with usually conservative experts now suggesting that XRP could reach up to $1,000 per coin in a few years.
– Andreas Kaplan, Smartereum
As a news site, Smartereum has been reporting on predictions for the future value of XRP. A report published on Smartereum aggregated the best analysts’ projections and forecasts, predicting an inevitable and significant rise in Ripple’s price. It is in the best interest of Ripple and its influential financial partners that the price of XRP increases, because it will make XRP less volatile.
- XRP Price 2021: Smartereum noted that even conservative experts were suggesting that XRP could reach up to $1,000 per coin in a few years after 2019.
- XRP Price 2030: Smartereum’s feature reported projections that Ripple’s value could rise to $200-$300 by 2030.
Ripple (XRP) future value projections in general
The price of Ripple could certainly rise in the long term when Ripple’s payment and exchange technology is adopted and supported by powerful banks and financial institutions. But what could be the possible prices of Ripple from 2020 to 2030?
How high can Ripple go?
Looking at the XRP price history, some analysts confidently predict that Ripple could easily double or triple in value, perhaps even more, as the success of its parent company makes it less vulnerable to the volatility of the cryptocurrency market.
I think you want to use XRP (as a stable currency). The chart for XRP / XRP would look the same, so it’s also quite a bit of money, but they have institutional adoption ™ and partnerships ™ so they are better.
– Vitalik Buterin, creator of Ether
If both the cryptocurrency markets and Ripple’s commercial enterprise are strong, then we could see Ripple become worth several dollars, perhaps even reaching $5 in the near future. A price prediction of $10 per XRP still seems optimistic, but if you’re looking at 2025 or 2030, anything is possible.
Some enthusiastic investors and traders are hoping that the price of Ripple will rise to $100. However, such a dramatic increase is wildly optimistic, so anyone who invests in Ripple and expects it to multiply by more than 100 times should be ready to pound for several years.
XRP price forecast today
Ripple, as a company, seems to be going through a period of healthy global growth. The company had previously announced that it will purchase $30 million of MoneyGram shares at $4.10 per share, along with $20 million of shares over the next two years. Ripple has partnered with MoneyGram and PNC Treasury Management to facilitate many cross-border payments between individuals and banks. Ripple recently announced a new partnership with DeeMoney, facilitating cross-border payments to and from Thailand.
More partnerships for Ripple should increase interest in XRP as it is involved in the exchange of money, and increase the price as it becomes more attractive to investors. This also means that XRP tokens will become scarcer due to its use.
SBI Ripple Asia, a subsidiary of SBI Holdings, will launch a shop settlement service in partnership with SBI Holdings and MoneyTap, Ripple’s consumer-oriented payment app. It will use xCurrent, the same blockchain solution that Ripple uses for near-instant domestic remittance services between banks.
One man’s settlement is another man’s protection.
– Cory Johnson, Chief Market Strategist at Ripple
- As Ripple continues to add new customers, it stands to reason that the price of XRP cryptocurrency should rise as well. Getting into the hundreds of dollars or more, as some analysts predicted before 2020, now seems unrealistic, but traders and investors should still keep an eye on XRP in the long run. StormGain , which allows rapid buying and trading of Ripple XRP as well as bitcoin, ethereum, litecoin and other altcoins, is the perfect platform for any trader looking to profit from Ripple’s rising price.