Ripple's ambition is to become the solution for international payments through colaborations with international banks and payment providers. Can ripple fullfill these ambitions with their XRP token.
In this article we will take a look at the predictions for XRP's future.
Short term predictions
Is now a good time to buy XRP? Below is Tradingview's short-term forecast:
Forecast for the coming years
What do we expect from the coming years? Read the long-term forecast of cryptocurrency analysis firm Coinpriceforcast below.
What are the predictions for Ripple in 2022
Will XRP continue its upward trend? Analysts do think so, they expect a price of €2,25 at the end of the year. That is the highest price since January 2018, but stll a little shy of an all-time high.
What are the predictions for Ripple in 2023
In 2023 that new record will be reached, according to analysts.
What are the predictions for Ripple in 2022-2025
XRP will keep breaking records in the following years. After summer 2024 the €4,00 line will be broken, according to analysts.
What are the predictions for Ripple in 2030
After 2025 XRP will stay on the right track, but analysts do expect the movement to become less volatile. They expect XRP to be worth €4,65 by December 2030.
|Year||June||December||% compared to the start of 2021|
|2023||€ 2,76||€ 3,26||1.711%|
|2024||€ 3,49||€ 3,94||2.088%|
|2025||€ 3,75||€ 4,13||2.194%|
|2026||€ 4,50||€ 4,80||2.566%|
|2027||€ 5,17||€ 4,51||2.405%|
|2028||€ 4,73||€ 4,86||2.600%|
|2029||€ 4,78||€ 4,23||2.250%|
|2030||€ 4,44||€ 4,65||2.483%|
Historical Analysis of Ripple
Ripple's token XRP has been trading since 2014. The coin was worth less than €0,01 in the first years. Starting from 2017 it started moving quickly though. Here an overview of the most important events of the past years.
XRP was relatively stable at €0,006 at the start of 2017. But this is the epic bullrun of 2017 we are talking about, so expect plenty of fireworks.
The price shot up to €0,05 at the start of March. That was only the beginning, in May a new movement started. All of a sudden, XRP was worth €0,36! That might not look like much, but that is an increase of 5.900% in little under 4 months.
But the party wasn't over just yet. Ripple closed the year at almost €2,00. A ridiculous 33.233% increase.
Bitcoin reached its temprorary all-time high in December 2017, but altcoins did one better. In the first week of January, XRP shot up to €2,82. That is still its absolute all-time high.
This would have been a great moment to sell in hindsight. At the end of January the price was just trading around €1,00
XRP fell to its bottom of €0,24 in September. A ressurection followed, Ripple announced the release of its new platform xRapid. This new platform would use XRP for international transactions. Investors were very enthusiastic and the price was doubled in a few days.
XRP couldn't hold that price sadly. The coin closed the year around €0,36
2019 was a frustrating year for XRP. the first half looked good, it grew to almost €0,42 in June. But the cryptocoin quickly fell after that. XRP reached its lowest point in 2 years at €0,17
XRP started 2020 of well. The price shot up to €0,30 in February. From there it went downhill quickly again.
The rapid spread of the coronavirus left huge damages in the financial markets, XRP was no exception. The price reached a bottom of €0,12.
A nice discount, because in November the price almost went vertically up to €0,58. Which in turn would have been a great time to sell the coins, after this the coin plummeted back to €0,17. This was mainly due to a lawsuit between teh SEC and Ripple.
Ripple prediction video 2022-2025
Prefer a video? Check out our predictions for XRP for the coming years.