- By 2029, XRP may surpass its ATH of $3.84 due to increased adoption and clarity.
- XRP might reach $7.50 by 2030, driven by adoption and post-BTC halving optimism.
- XRP could hit $12.00 by 2040 with global integration and regulatory support.
Ripple’s XRP has been the talk of the crypto world, capturing headlines and sparking debates across the industry. The ongoing legal battle with the SEC, accusing Ripple of selling unregistered securities, has thrown XRP into an impulsive uncertainty.
This lawsuit, pivotal to XRP’s fate, has caused fluctuations in its price, leaving investors and analysts speculating about its future. Despite the turbulence, XRP has held its ground in CoinMarketCap’s top ten, a testament to its resilience and potential.
As regulatory landscapes shift and the lawsuit progresses, the future of XRP hangs in the balance. Will it emerge victorious or face an uncertain destiny? Read more on Coin Edition’s XRP price prediction to explore the potential paths XRP might follow as this unfolding saga continues.
Table of contents
- XRP (XRP) Real-Time Market Status
- What is XRP (XRP)?
- XRP (XRP) Current Market Status
- XRP (XRP) Price Analysis
- XRP (XRP) Price Analysis – Bollinger Bands
- XRP (XRP) Price Analysis – Relative Strength Index
- XRP (XRP) Price Analysis – Moving Average Convergence Divergence
- XRP (XRP) Price Prediction This August
- XRP (XRP) Price Prediction 2024-203
- XRP (XRP) Price Prediction 2024
- XRP (XRP) Price Prediction 2025
- XRP (XRP) Price Prediction 2026
- XRP (XRP) Price Prediction 2027
- XRP (XRP) Price Prediction 2028
- XRP (XRP) Price Prediction 2029
- XRP (XRP) Price Prediction 2030
- XRP (XRP) Price Prediction 2040
- FAQs
XRP (XRP) Real-Time Market Status
🪙 Name | XRP |
💱 Symbol | XRP |
🏅 Rank | #7 |
💲 Price | $0.55016979038251 |
📊 Price Change (1h) | -0.7 % |
📊 Price Change (24h) | -3.36 % |
📊 Price Change (7d) | -4.95 % |
💵 Market Cap | $30947909616.488 |
💸 Circulating Supply | 56251561168 XRP |
💰 Total Supply | 99987294444 XRP |
XRP (XRP) is currently trading at $0.55016979038251 and sits at number #7 on CoinMarketCap in terms of market capitalization. There are 56251561168 XRP coins currently in circulation, bringing the total market cap to $30947909616.488.
Over the past 24 hours, XRP has decreased by 3.36%. Looking at the last week, the coin is down by 4.95%.
What is XRP (XRP)?
In digital currencies, XRP stands out as the dynamic token of the XRP Ledger, an open-source blockchain built to streamline global financial exchanges. This advanced technology facilitates seamless currency transfers and attracts investors aiming to store value and navigate market volatility.
But the intrigue doesn’t stop there. Ripple, a blockchain company, leverages XRP and its ledger to power a sophisticated payment platform. This platform transforms how financial institutions, businesses, and organizations handle transactions, making each transfer faster, more efficient, and highly cost-effective.
XRP (XRP) Current Market Status
Over the past month, XRP has experienced a bullish rally, with its price climbing from a low of $0.3911 to a high of $0.6579. This positive trend is evident on daily and weekly charts, which recorded gains of 8.63% and 6.54%, respectively.
At the time of writing, XRP was valued at $0.65. As the sixth largest cryptocurrency, its market cap rose to $36.3 billion, supported by a circulating supply of 55,960,868,753 XRP tokens. The trading volume for XRP also reflected this momentum.
In the past 24 hours alone, trading volume soared by 179.42%, reaching $3,022 billion. This surge suggests increased interest and activity, driven by positive market sentiment and growing investor confidence in XRP.
XRP’s price range currently fluctuates between $0.5981 and $0.6579, with solid support at the $0.60 mark.
XRP (XRP) Price Analysis
The recent fluctuations in XRP’s price have captivated traders, stirring curiosity and concern. Despite its recent struggles, a sense of anticipation about a potential rebound exists. Therefore, Coin Edition delves into XRP’s prospects, exploring what might lie ahead for the token.
XRP (XRP) Price Analysis – Bollinger Bands
XRP’s Bollinger Bands have been trending sideways, indicating that the token’s price has been consolidating between $0.6547 and $0.4159. However, the Bollinger Bands have expanded recently, signaling increasing price volatility.
With XRP trading near the upper band, the token might soon break out of its current range, potentially leading to a significant price movement fueled by market optimism. Should XRP fail to breach the upper band, it could reverse towards the middle band around $0.5353, where it might find support.
XRP (XRP) Price Analysis – Relative Strength Index
Adding to the bullish sentiment, the RSI index is moving upward on the daily chart, currently positioned at 62.45, above the neutral line. This indicates a strong bullish control over XRP’s market with room for upward movement before hitting overbought conditions.
This RSI reading aligns with the Bollinger Bands analysis, hinting at a possible imminent breakout for XRP.
XRP (XRP) Price Analysis – Moving Average Convergence Divergence
The MACD indicator echoes this bullish outlook. The blue line is trending upwards, slightly above the zero line at 0.0035, indicating strong price momentum likely to continue in the short term.
The MACD histogram further supports this, enlarging green bars above the zero line, showing increasing bullish momentum for XRP.
XRP (XRP) Price Prediction This August
Following a rebound from July’s low of $0.383, XRP is nearing a critical 3-month trendline resistance at $0.6581. A successful breakthrough at this level could signal a bullish trend for XRP, potentially propelling its price to $0.75, aligning with the 50% Fibonacci retracement level, before the end of August.
Further gains could be on the horizon. Conversely, if the trendline holds firm, XRP might revisit the 23.6% Fibonacci level at $0.4599 for support before making another breakout attempt.
XRP (XRP) Price Prediction 2024-203
Price Prediction | Potential Low ($) | Potential High ($) |
2024 | $0.383 | $1.9582 |
2025 | $1.30 | $2.70 |
2026 | $0.60 | $1.80 |
2027 | $1.60 | $2.90 |
2028 | $2.20 | $3.95 |
2029 | $3.30 | $5.00 |
2030 | $4.50 | $7.50 |
2040 | $6.50 | $12.0 |
XRP (XRP) Price Prediction 2024
From a technical standpoint, XRP is gearing up for a bullish run in the near future. Market analysts foresee the possibility of XRP reaching new all-time highs in the coming years.
Supporting this outlook, the Directional Movement Indicator shows a positive directional indicator at 24.9023, trading above the negative directional indicator at 18.5440, signaling a long-term bullish trend.
However, the ADX reading of 11.8669 indicates that momentum is not currently strong, as it hovers near a significant resistance zone, potentially delaying a swift breakout.
If XRP manages to breach the 3-month trendline, it could experience a substantial surge towards the 78.6% Fibonacci level at 1.3015, with the potential to challenge April 2021’s high of $1.9582 as this year’s peak. Conversely, XRP may target the $0.383 support level if the trendline resistance proves too robust, setting the stage for a possible downside scenario.
XRP (XRP) Price Prediction 2025
By 2025, XRP might climb to $2.70, driven by potential victories in the SEC lawsuit, the positive aftermath of BTC’s halving, and supportive regulatory frameworks. However, market corrections could moderate this growth, potentially driving XRP down to $1.30, introducing a note of caution to optimistic predictions.
XRP (XRP) Price Prediction 2026
In 2026, XRP might face a market correction as the effects of BTC’s halving start to wane, potentially dropping to a low of $0.60. However, the market is expected to experience a modest rebound, with XRP’s price possibly reaching a high of $1.80.
XRP (XRP) Price Prediction 2027
Building on the previous year’s rebound, the momentum is expected to continue into 2027, potentially leading to a steady rise in XRP’s value. This positive trend may be driven by the global adoption of digital assets and blockchain technology, along with the anticipation of the 2028 BTC halving. XRP could reach a high of $2.90 and a low of $1.60.
XRP (XRP) Price Prediction 2028
2028 XRP might touch a high of $3.95 and a low of $2.20, benefiting from the 2028 BTC halving, broader mainstream adoption, and potential regulatory advancements. Market forces and global economic conditions will significantly influence its price path.
XRP (XRP) Price Prediction 2029
By 2029, XRP could climb to $5.00, driven by bullish trends post-BTC halving, increased utility in global payments, and expanding partnerships with financial institutions. Regulatory stability will further support this growth. However, the price could also hit a minimum of $3.30 amid market fluctuations.
XRP (XRP) Price Prediction 2030
By 2030, XRP could reach $7.50, fueled by extensive adoption across various sectors, ongoing optimism following the 2028 BTC halving, and strengthened global regulatory frameworks. However, market corrections and economic factors could cause a potential downside adjustment to $4.50.
XRP (XRP) Price Prediction 2040
By 2040, XRP could potentially hit a high of $12.00, driven by widespread global integration of Ripple’s technology, significant adoption in remittance services, and a mature regulatory environment fostering crypto innovation. Conversely, a low of $6.50 might occur, influenced by market volatility and economic uncertainties.
FAQs
What is XRP (XRP)?
XRP is the native token of the XRP Ledger, designed for fast, efficient global financial exchanges.
How do you buy XRP (XRP)?
You can buy XRP on major cryptocurrency exchanges like Binance, Coinbase, and Kraken.
Is XRP (XRP) a good investment?
XRP can be a promising investment due to its strong technology and institutional use, but it’s essential to consider market volatility and ongoing regulatory issues.
What is XRP’s all-time high?
XRP’s all-time high is $3.84, achieved in January 2018.
Will XRP reach $5?
XRP reaching $5 is feasible, given favorable regulatory developments, widespread adoption, and continued market growth, although market volatility may affect the timing.
What is the circulating supply of XRP?
XRP’s circulating supply is approximately 55,960,868,753 tokens.
Will XRP surpass its current ATH?
XRP is likely to surpass its current all-time high of $3.84 by 2029, driven by increased adoption, regulatory clarity, and post-BTC halving bullish trends.
What is the lowest price for XRP?
XRP’s lowest recorded price was $0.0028 in July 2014.
Who is the founder of XRP?
XRP was created by Jed McCaleb, Arthur Britto, and David Schwartz. Chris Larsen joined them to co-found Ripple Labs, the company behind XRP.
Which year was XRP launched?
XRP was launched in 2012.
How do I store XRP (XRP)?
One popular and reputable hardware wallet option is the Ledger Nano X or Ledger Nano S. These wallets support XRP and provide a secure way to store your coins.
What will the price of XRP be in 2024?
In 2024, XRP’s price could range between $0.383 and $1.9582.
What will the price of XRP be in 2025?
In 2025, XRP’s price might range from $1.30 to $2.70.
What will the price of XRP be in 2026?
By 2026, XRP’s price could vary between $0.60 and $1.80.
What will the price of XRP be in 2027?
In 2027, XRP’s price may range from $1.60 to $2.90.
What will the price of XRP be in 2028?
By 2028, XRP’s price could fluctuate between $2.20 and $3.95.
What will the price of XRP be in 2029?
In 2029, XRP’s price might range from $3.30 to $5.00.
What will the price of XRP be in 2030?
By 2030, XRP’s price could vary between $4.50 and $7.50.
What will the price of XRP be in 2040?
In 2040, XRP’s price might range between $6.50 and $12.00.
Disclaimer:The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.