This is only part of the information that I will give you today. For more info of Ripple(XRP) hit passioncrypto.com.
Before we dive into Ripple's future forecast and XRP price forecasts , let's quickly sum up what awaits you in this article:
First, we look at the year behind us. Then we cover our own XRP price forecast and our XRP market forecast . We will also dive our toes into the distant future of XRP and give our Ripple price forecasts for 2021, 2025 and 2030.
We will also answer some of the most common questions about the price targets of the XRP and how high it can go, such as the XRP will reach $ 10 or the XRP will reach $ 100 and the like. We also give our opinion if Ripple is a good investment.
So let's get down to business and start the thankless task of predicting Ripple's future.
Intro XRP
This year, Ripple and its cryptocurrency XRP had a lot to do: the violent crash of 2018 caused concern on the front of followers and investors. From more than three dollars a piece in the meantime, it fell below $ 0.30 in December.
However, the cryptocurrency recovered in December 2018 and many new partnerships and projects have been concluded. Where is the trip going in 2019? The XRP forecast looks promising. But are 500 US dollars per piece really possible (spoiler alert: certainly NOT). The forecasts.
Our XRP price forecast for 2019
XRP , like the rest of the market, is on par with the price action of bitcoin . If bitcoin embarks on another bull race, XRP can also hope for one. As this is very unlikely, don't expect much change for the XRP price this year. 2019 will therefore be a year of boring side action with minor flaming jumps and collapses.
To sum up, Bitcoin is the focal point of the crypto market in many ways, and with BTC trading pairs on every trade, the severity of Bitcoin is difficult to elude.
The XRP in 2019 will likely continue to stagnate in price terms, as the coin has lost a lot of value and there are no signs of a change of luck for the Ripple token on the horizon. The price will most likely remain below $ 0.50 per token.
Price prediction XRP 2020
This Ripple price forecast would not be complete without a short forecast for the coming year. Unless there are major changes in a larger market, Ripple's current and past strategy of trying to buy the hype and artificially support the price of XRP appears to be declining and declining. Ripple's predictions for 2020 are bleak - the price for the XRP will remain below $ 0.50, likely hovering in the same area as it is right now. Actual results and usage are necessary if we are to see XRP cross $ 1 again.
This is unlikely in our eyes, but to point out: no one can predict a black swan event like a huge global recession and another crazy bitcoin race that could upset the outlook for all cryptocurrencies, including XRP . In this case, anything is possible.
Realistic XRP price in 2020
Anything between $ 0.30 and $ 1 is a fairly realistic price forecast. The $ 1 is the XRP ceiling that could be reached if the whole market launched into a new crazy race. To cut it down a bit - $ 0.30 to $ 0.60 is probably the most likely area for XRP for the coming months and potentially years.
XRP prediction for 2023-2025-2030
As for the long-term XRP future forecast : it is one of the most difficult to assess. The Ripple company seems to have a good business model (selling XRP tokens to finance the creation of brands and the acquisition of partnerships) and its future seems very promising from this point of view.
However, XRP tokens have been highly controversial throughout history. What is the XRP connection to Ripple? It is a multifaceted answer and highly depends on who you ask. Ripple works hard to distance himself from the XRP token , even though he is and has been his mother since its inception.
The XRP use case is viable, however, it is easily replicated by other large institutions like JP Morgan and co. So there is a big vector attack to this end.
There is also the speed issue for XRP tokens which, in essence, tells us that even though there are a lot of XRP transactions and half the world is starting to use XRP for value transfer - there is There is no clear path for increasing the value of each individual XRP token.
All of this means one thing: XRP has speculative value right now and it will have it for the foreseeable future. However, the real value that is not bought by the marketing gadgets of its parent company will be very difficult to accumulate.
The short-term future of XRP is a gold mine for speculators - but a dangerous game for risk-averse investors. The latter are better off if they invest in bitcoin .
2020 XRP Market Price Forecast
There are many sites that have predicted potential future price targets. The truth is: no one can really know. You can only get closer to a goal with good arguments and good numbers.
Walletinvestor - The XRP price in December 2020 should be $ 0.19, about the same level as now.
Cryptoground - a much more positive forecast from Cryptoground as they see prices rising about 50% to $ 0.31.
Oracle Times Ripple Price and Prediction
Oracle Times is a small media publication focused on the cryptocurrency industry. In their article on forecasting price, Ripple token mention of an eyebrow: a ridiculous idea that the XRP could increase up to 2000%, and they have mentioned that this would be possible only if Ripple became the best choice for cross-border payments by financial institutions. . Cross-border transactions account for approximately $ 9.8 trillion. Read our updated review of Binance here.
Ripple Price and Prediction 2021
By 2021, we should see if cryptocurrencies have a future or not. The fate of the entire industry will depend on bitcoin . If bitcoin enters traditional financial markets, some of the altcoins could slip in alongside the king.
Putting a precise figure is really not serious, but some have done it - $ 2 for an XRP in 2021 is often a reality.
Ripple Price and Prediction 2025 - How much will Ripple cost in 5 years?
According to various online forecasting sites, the price of 1 ripple ( XRP ) will be around $ 4.52 in 5 years, just before the year 2025.
I would actually be extremely surprised to see XRP in its current form and be live in 2025.
Ripple Price and Prediction 2030
Again, shady, low-profile online sites predict the ripple price in 2030 and tell us that the XRP could reach $ 17.0576. Just to remind you - 2030 is in 11 years - do you really think that an algo or a human being can predict anything in the future?
I thought so.
How far can Ripple go?
It depends on who you ask. There are ridiculous predictions based on "math" that XRP will reach $ 589. Theoretically, it can go as high as any other asset, digital or traditional. However, if we want to keep it real, in the ideal case, the XRP could reach its all-time high of $ 3.40.
Can XRP reach $ 10?
According to many analysts, crypto will reach a market capitalization of $ 3 trillion, more than 10 times its current size. If the market share of individual parts remains in the same proportion as today - it would mean that the XRP will be $ 3. For XRP to reach $ 10, it would have to either exceed the rest of the market, or the crypto market should reach $ 10 trillion, which is unlikely in the foreseeable future.
How many XRPs do you need to become a millionaire?
Based on current prices, you would need 333k XRP to get $ 1 million. If the value of XRP increased, the amount of tokens you would need would decrease. Having 100,000 XRP is a good number for an aspiring millionaire.
Frequently asked questions
1. Will XRP reach 100 USD?
Simple answer - extremely unlikely. Getting to $ 10 is a pipedream, $ 100 is as likely as the sun coming out to the west.
2. Can you use XRP?
No, the XRP registry has a special consensus algo that keeps it alive and transparent -
3. How to buy XRP tokens?
You can click here to read how to buy XRP .
4. What will be the value of XRP in 2020?
Most likely below $ 1. Very unlikely to be more than $ 1.
6. Why is XRP declining?
Crypto is a roller coaster - it goes up and down in strong, sudden and sudden movements. The XRP is part of this crazy race, which is why it is going down. Or more, it depends when you join the circus.
The last words
What does the final forecast look like - is the Ripple price forecast to be taken seriously? You should definitely not invest your money based on something you have read on the Internet. Basically, no one can say exactly where the coin is going. However, it seems that there are many more positive opinions than negative ones.
Voices that occasionally appear claiming that XRP will go to $ 20 or even $ 500 should be ignored. It seems to be a pipe dream and a manifestation of illusion by the predictors. Even reaching the current high is probably out of the question for XRP in the next 12 months.
Is it really good to invest in xrp? I think it’s price wont go up that high in the future