2019-12-28 21:15 |
Before we dive into to predicting the Ripple future and XRP price forecast, let’s quickly sum up what awaits you in this article:
First, we take a look at year behind us. Then we cover our own XRP price predictions and market XRP forecasts. We will also dip our toes into the far future of XRP and give our Ripple price predictions for 2021, 2025 and 2030.
We will also answer some of the most common questions about XRP price targets and how high it can go, like will XRP hit $10 or will XRP reach $100 and similar. We also give our opinion if Ripple is a good investment at all.
So, let’s get down to business and start the thankless task of predicting Ripple future.
XRP IntroThis year the company Ripple and its crypto currency XRP had a lot going on: The violent crash in 2018 brought worry lines on the forehead of followers and investors. From more than three dollars per coin in the meantime, it went down to below 0.30 USD by December.
However, the crypto currency recovered in December 2018 and numerous new partnerships and projects were concluded. Where is the journey going in 2019? The XRP forecast looks promising. But is 500 US dollars per coin really possible (spoiler alert: definitely NOT). The forecast.
Read our updated guide on best bitcoin bots.
Our XRP Price Prediction for 2019XRP, as the rest of the market, is tied at the hip of bitcoin’s price action. If bitcoin embarks on another bull run, XRP can hope for one as well. Since that is very unlikely, don’t expect much to change for XRP price-wise in this year. So 2019 will be a year of boring sideways action with minor bitcoin ignited jumps and slumps.
What does ChainLink future look like? See our LINK Price Prediction 2019
To summarize, Bitcoin is the focal point of the crypto market in many ways, and with BTC trading pairs on every exchange, the gravity of Bitcoin is hard to evade.
XRP in 2019 will probably keep stagnating price-wise, since the coin lost a lot of value and there is no sign on the horizon of any change in luck for the Ripple token. Price will very likely stay below $.50 per token.
XRP price prediction 2020This Ripple price prediction wouldn’t be complete without a short forecast on the upcoming year. Barring no major shifts in broader market, former and current strategy of Ripple that tried to buy the hype and artificially prop up the price of XRP seems to be waning and tapering off. Ripple forecast for 2020 is gloomy – XRP price will stay below $0.50, most likely hover in the same area as it does right now. Some real results and usage is needed if we are to see XRP crossing the $1 again.
That is unlikely in our eyes but to emphasize: no one can foresee a black swan event like a huge worldwide recession and another crazy bitcoin run that might shuffle the outlook of all cryptocurrencies, including XRP. In that case, anything is possible.
Realistic XRP Price in 2020Anything between $0.30 and $1 is fairly realistic price prediction ripple can get. The $1 is the ceiling for XRP that could be reached should the whole market embark on another crazy bull run. To narrow it down a bit – $0.30 to $0.60 is probably the most likely zone for XRP for the upcoming months and potentially years.
The XRP prediction for the 2023 – 2025 – 2030As for XRP long term future prediction: it is one of the trickier to assess. The Ripple company seems to have a good business model (selling XRP tokens to finance brand building and partnership acquisition) and its future appears to be very bright from this standpoint.
Read our updated review of Coinmama exchange here.
However, XRP tokens are highly disputed in the whole story. What is XRP connection to Ripple? It is a multifaceted answer and depends heavily on who you ask. Ripple works hard on distancing itself from the XRP token, even though it is and has been its mother lode since its inception.
The use case for XRP is viable, however, it is easily replicable by other major institutions like JP Morgan and co. So, there is a big vector attack on that end.
There is also the velocity problem for XRP tokens which, in essence, tells us that even if there are a lot of XRP transactions and half of the world starts to use XRP for value transfer – there is no clear path for value increase of individual XRP tokens. Read more about it here.
All of this means one thing: XRP has speculative value right now and it will have it for the forseeable future. However, real value that is not bought by marketing gimmicks of its parent company will be very hard to accrue.
XRP short term future is a goldmine for speculators – but dangerous play for risk averse investors. The later ones are better off if they invest in bitcoin.
Market XRP price prediction 2020There are numerous sites that have predicted potential future price targets. The truth is: No one can really know. You can only get close to a goal by good arguments and numbers.
Walletinvestor – XRP price in December 2020 is expected to be at $0.19, pretty much around the same level like now.Cryptoground – a much more positive forecast from Cryptoground as they see the price rise of around 50% to $0.31.Oracle Times Ripple Price PredictionOracle Times is a small media publication focused on cryptocurrency industry. In their article about price prediction, ripple token got an eyebrow raising mention: a ludicrous idea that XRP might surge as much as 2000%, and they mentioned it could be possible only if Ripple becomes the best choice for cross-border payments by financial institutions. The cross border transactions account for around $9.8 trillion.
Read our updated review of Binance here.
Ripple Price Prediction 2021By 2021, we should see if cryptocurrencies have some future or not. The fate of the whole industry will depend on bitcoin. If bitcoin penetrates the traditional finance markets, some of the altcoins might slip through the cracks into it alongside the king.
Putting a precise number out is really not serious but some have done it – $2 for one XRP in 2021 is often quotes a reality.
Ripple Price Prediction 2025 – How much will Ripple Be in 5 years?As per diverse online forecast websites, the price of 1 Ripple (XRP) will be around $4.52 in 5 years, right before we see the year 2025.
Read our updated guide on best XRP wallets.
I would actually be immensely surprised to see XRP in its current shape and form be live and kicking in 2025.
Ripple Price Prediction 2030Again, shady and low reputation online sites predict ripple price in 2030, and tell us that XRP might reach $17.0576. Just to remind you – 2030 is 11 years away – do you really think that some algo or a human being can predict anything that much into the future?
I thought so.
How high can Ripple go?Depends who you ask. There are some ridicolous 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 are to keep it real, in ideal case XRP could reach its former all time high of $3.40.
Can XRP reach $10?According to many analysts, crypto will grow to $3 trillion market cap, meaning more than 10x from its current size. If the market share of individual coins remain in same proportion as it is right now – that would mean XRP will be $3. In order for XRP to reach $10, it would either need to outpace the rest of the market or the crypto market would need to grow to $10 trillion, which is unlikely in the forseeable future.
How much XRP do you need to become millionaire?Based on the current prices, you would need 333k XRP in order to have $1 million. Should XRP grow in value, the amount of tokens you would need would go down. Having 100k XRPs is a good number for an aspiring millionaire.
Frequently Asked Questions1. Will XRP reach 100 USD?Simple answer – extremely unlikely. Getting to $10 is a pipedream, $100 is as likely as Sun coming out on the west.
2. Can you mine XRP?No, XRP ledger has a special consensus algo that keeps it live and transparent – read more about it here.
3. How do you buy XRP tokens?You can click here to read how to buy XRP.
4. How much will XRP be worth in 2020?Most likely below $1. Very unlikely to be above $1.
6. Why is XRP going down?Crypto is a rollercoaster – going up and down in strong, sharp, sudden moves. XRP is part of that crazy ride so that is why it is going down. Or up, depends when do you join the circus.
Final wordsWhat does the final forecast look like – is Ripple price prediction something to take seriously? You definitely should not invest your money based on something your 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 appear from time to time claiming XRP will go to $20 or even $500 should be ignored. That seems to be a pipe dream and illusion manifestation by the predictors. Even reaching the current all time high is probably out of question for XRP in the next 12 months.
The post Ripple’s XRP Price Prediction 2020 | 2025 | 2030: Future Forecast for XRP Price appeared first on CaptainAltcoin.
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