XRP - XRP - Stock Price & News | The Motley Fool (2024)

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XRP - XRP - Stock Price & News | The Motley Fool? ›

Currently, XRP is trading for just $0.57 and is down about 10% for the year. By way of comparison, crypto bellwether Bitcoin is up a robust 40% for 2024. But there's no reason to give up hope quite yet if you're thinking about investing in XRP.

XRP's price has fallen about 10% this year, but it has newfound momentum headed into 2025.

XRP is forecasted to see a price range from a support of $0.49 to a resistance of $0.66 in 2024, with an average trading value of $56. This indicates the potential for XRP to move much higher on the long run provided critical support will be respected in 2024.

The current price of the Ripple cryptocurrency on 12.09. 2024 is $0.53760. Experts predict significant growth of the XRP price by the end of 2024, reaching $0.75–$0.86. Most XRP price forecasts suggest growth to $1 by mid-2025, reflecting a bullish outlook.

Some of the wealthiest people in the world are invested in the firm's funds, giving us a clue into which cryptocurrencies billionaires are betting on. One of Andreessen's earliest crypto investments was in Ripple (CRYPTO: XRP). It's not alone.

Cryptonewsz.com is even more bullish: it believes XRP will rise to $9.81 by 2030, which would turn a $10,000 investment into more than $196,000. But for XRP to turn a $10,000 investment into over $1 million, it would need to generate a 100-bagger gain. Even the most bullish forecasts fall short of those expectations.

But what do the experts say about XRP prices as far out as 2030? Trading Education, which is bullish on XRP's long-term future growth, likens the platform to a Visa competitor by the end of the decade. The site predicts that XRP could reach a high of $31.81 by the end of 2030.

What price can XRP realistically reach? ›

Looking at Ripple price predictions from various analysts, there's a general consensus that XRP is poised for growth. Many forecasts suggest that XRP could reach the $1 mark by 2025 or 2026, with some even projecting prices in the $2-$3 range by 2027.

More commonly known as Ripple, the XRP (CRYPTO: XRP) cryptocurrency seems to be in dire straits nowadays. Though it once soared to a short-lived peak of $3.09 per coin, Ripple hasn't touched the $1 benchmark since the spring of 2022.

Add in the fact that the crypto market recently witnessed a mini-crash, and it's easy to see why investors might be scared off speculative risk assets like XRP. That being said, there's a clear path to XRP doubling in price to $1 by 2025, and I think that will be the next big move for Ripple's XRP.

There are several factors on which one can make an assumption regarding whether ripple will reach the price of $50 or not. However, in general terms, it's highly unlikely for Ripple to reach this level because its market cap isn't that high, and isn't likely to reach higher levels in the next five years.

“Investing in XRP is risky and may not be suitable for most investors due to the high price volatility and the difficulty in predicting future trends in the cryptocurrency market,” Drozdz says.

However, the world of cryptocurrencies is known for its wild swings and unpredictability. “Investing in XRP is risky and may not be suitable for most investors due to the high price volatility and the difficulty in predicting future trends in the cryptocurrency market,” Drozdz says.

The Motley Fool has positions in and recommends Bitcoin.

More commonly known as Ripple, the XRP (CRYPTO: XRP) cryptocurrency seems to be in dire straits nowadays.

Alongside Bitcoin, four altcoins - Pepe Unchained, Crypto All-Stars, Base Dawgz, and Solana - are showing potential for significant growth in 2024, driven by their unique features and strong communities. After a trying journey, Bitcoin is preparing for another surge.