Will Ripple actually hit the $10 mark price? This is the question that almost every XRP investor and individuals looking to invest in Ripple have been asking themselves.
Experts agree that XRP reaching $10 looks pretty achievable. In the long term, experts estimate the Ripple XRP value to keep rising, with a potential high of $25. PrimeXBT predicts Ripple to hit the $10 level and reach a possible high of $50.
But seeing that Ripple’s future price action is influenced by external factors – other than the market forces of demand and supply – it is hard to tell if it will ever reach $10. The general feeling, however, is that XRP prices will eventually rise above $10, but only if it wins the SEC case. Analysts at Coinpedia are, for instance, XRP will reach $10 sometime between 2025 and 2030 if it wins the SEC case.
When looking at Ripple’s future price action, you need to start by appreciating the fact that the cryptocurrency has had one of the most turbulent crypto industry experiences. In addition to the usual volatilities and market turns, it had also become the punching bag for the SEC, with the financial regulator accusing it of being a security. SEC then dragged its founders to court, alleging them of illegally selling unregistered securities offering in 2013.
But something interesting happened mid-April 2021. XRP’s push back saw it prevail in two discovery rulings. And while the SERC Vs. Ripple Labs suite is ongoing, these small wins excited the markets.
Today, Ripple is trying to recover from the drop that started in December 2021 and has returned 250% last year.
Seeing it bounce back to life, you probably can’t help but wonder if turbulence is over? Or if it will ever reach $10?
We answer these questions and tell you much more about Ripple’s possible future in this XRP price prediction guide.
Read on.
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So, Will XRP Hit $10?
Ripple has carved itself a niche in the crypto industry to become one of the most popular cryptocurrencies. Based on this popularity, there is a real possibility that Ripple’s value today would be more than or close to $10, were it not for the recent lawsuit setback.
The conviction that XRP would have reached $10 by now is backed by the fact that all its peers more than doubled their 2017/2018 highs in the 2021 crypto market run. For instance, Bitcoin tripled its 2017 high of $19,830 to set another ATH of $68,789.63. Ethereum, on the other hand, quadrupled its 2017 highs of $1,000 to set a new ATH of $4,891.70.
Ripple, which is already faster and more scalable than Bitcoin and Ethereum, reached $3.84 on 4th January 2018. But there is no telling how far up the just ended crypto market run would have taken Ripple if it was not fighting the SEC.
Ripple has what it takes to reach $10 and amass a $1 Trillion dollar valuation before the end of the year. Most of the factors supporting this growth include the fact that it is more scalable, faster in transaction processing, and lower transaction processing fees.
However, the key determinants of whether Ripple XRP reaches $10 by the end of the year will be the outcome of the SEC case against Ripple Labs and the prevailing market conditions. Crypto market experts believe that if the courts rule in favour of Ripple and at the point of market recovery, it will be highly likely that XRP trades above $10 before the end of the year, and vice versa.
The fact that Ripple’s future price action will, to a large extent, be influenced by the courts and not the markets have seen most analysts shy from commenting on XRP’s future price action.
Analysts at PrimeXBT, however, stand out with their overly bullish forecast of Ripple’s price action. They are of the opinion that by the end of 2021, XRP will have shot to $12 if the company wins against the SEC.
But Digital Coin Price isn’t as optimistic about Ripple’s future price action. The website uses technical analysis to forecast the price action of digital currencies, and their Ripple prediction is rather lustreless as it suggests that XRP will end 2022 trading at $1.57 and above $2 in 2023.
>>>Buy XRP Now<<<
Virtual currencies are highly volatile. Your capital is at risk.
Will Ripple Eventually Reach $100?
Ripple’s rush towards $100 is not impossible, but it will be a tall order. It would take the crypto coin to amass a market capitalization of over $10 Trillion – more than 5X the current value of the entire crypto industry.
Ripple investors and crypto market experts inclined to the idea that XRP will one day be worth $100 also agree that it will take time and a lot of effort. For starters, it has to beat the SEC and clear all uncertainties about its future.
It is true that Ripple had already been welcomed with warm hands into the crypto industry as multiple bank finance service providers are currently using and building programs on its blockchain. But it will take more than a few banks to help the blockchain thrust the value of its crypto-asset above $100.
>>>Buy XRP Now<<<
Virtual currencies are highly volatile. Your capital is at risk.
What Will Ripple Be Worth In 2025?
The price volatility of cryptocurrencies like Ripple and the unpredictability of the crypto market makes it impossible to accurately predict the value of a coin a few months or years down the line. And XRP’s case is further complicated by the lawsuit filed against its founders in the United States.
The value of XRP four years from today will, therefore, be largely influenced by the outcome of this litigation.
In the event that the indecisiveness of the SEC/Ripple labs persists into 2025, analysts at the RippleCoinNews website are confident that XRP will ride the crypto industry growth and leverage its popularity to reach $10.
Market analysts at Cryptonewsz, a crypto industry news and price forecasting website, are confident that Ripple will triumph against the SEC. They interpret the impact of this on the crypto industry by estimating that the altcoin will end the year 2025 trading at between $4 and $8.
>>>Buy XRP Now<<<
Virtual currencies are highly volatile. Your capital is at risk.
Where to Buy XRP
Now that you have a comprehensive understanding of our XRP price target, let’s focus on the investment process. If you’d like to buy XRP today, you’ll need to set up an account with one of the best altcoin exchanges that offer the coin as a tradable asset. Although there are numerous to choose from, we recommend opting for eToro.
eToro is an online trading platform with over 24 million users, offering a wide array of stocks, ETFs, commodities, currencies, and cryptos to trade. The platform has a fantastic reputation in terms of its safety, boasting regulation from the FCA, ASIC, CySEC, FinCEN, and FINRA. In addition, eToro ensures traders can trade cost-effectively thanks to its transparent fee structure.
If you buy XRP, eToro charges a flat 1% transaction fee, plus the bid-ask spread. This ensures that eToro’s trading fees are as low as possible and remain competitive with other top brokers and exchanges. In addition, since eToro offers fractional investing, clients can open crypto trades from as little as $10.
The deposit process is also streamlined, as users can fund their account using a credit/debit card, bank transfer, or e-wallet – with full support for PayPal, Skrill, and Neteller. Deposits are free to make (if made in USD) and arrive instantly for all payment methods other than bank transfer. The minimum deposit threshold is only $10, making it easy for beginner traders to start small and build their positions up.
eToro also offers a selection of helpful trading features, most notably, the platform’s ‘CopyPortfolio’ feature, which allows traders to invest in a professionally-managed portfolio with no management fees. Finally, eToro even offers one of the best crypto wallets on the market (called eToro Money), which can be downloaded for free and features advanced security protocols and support for a massive range of crypto assets.
>>>Buy XRP Now<<<
Virtual currencies are highly volatile. Your capital is at risk.
XRP Price Prediction – Conclusion
Here is the takeaway from this XRP prediction guide.
Ripple’s most priced asset and the core driver of its prices is its sustainability. A conviction that drives the altcoin investor to purchase XRP coins and the crypto community to root for its success, trusting that it will always be around and that it will continue shaping the crypto industry positively. It is the belief in XRP’s sustainability that draws in more users and investors.
XRP is one of the best altcoins to buy today, it has undoubtedly had a tough time in recent months, driven primarily by the ongoing legal battle with the SEC. However, if XRP can come out the other side unscathed, there’s great potential for the XRP to hit the $10 mark.
>>>Buy XRP Now<<<
Virtual currencies are highly volatile. Your capital is at risk.