Egrag Crypto believes the asset will hit $24 by the end of this year.
XRP is witnessing its biggest bear market rally in a while, and analysts have looked to forecast its ultimate direction in light of new market conditions. Notably, crypto traders Dark Defender and Egrag Crypto recently chipped in their respective predictions as they put the asset on a journey to an ultimate value of $10,000.
Prominent XRP investor and crypto trader Mack Attack took to Twitter on Thursday to share a compilation of these analyses. The analyses spell out XRP’s projected values for the end of this year and from 2024 to 2030.
MackAttackXRP $XRP Road to $10,000
Road 2023
Wave 1 $4
Wave 3 $27
Wave 5 $133
Road 2024-2030
Wave 1 $550
Wave 3 $7000
Wave 5 $10,000
Follow the magic hands of my friends in TA #XRP
Dark Defender @DefendDark
EGRAG CRYPTO @egragcrypto
XRP Soon in Troposphere ??? pic.twitter.com/a9QEzpIkmv
— ?? MackAttack XRP ?? 58K-Followers (@MackAttackXRP) March 30, 2023
XRP Price Prediction for 2023-2024
Notably, analyst Dark Defender considered XRP’s price movements from October 2016, when the asset faced massive monthly declines for five consecutive months. XRP eventually plummeted to a low of $0.00500 in February 2017, closing the month with a 13.10% decline.
However, its bull run began immediately after the five-month losing streak. The asset gained by 284%, 143%, and 374% in the three following months, surging to a high of $0.3989 in May 2017. Dark Defender believes this pattern is about to repeat itself.
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According to him, a repetition of the breakout in 2017 could see XRP rally to $133 by the end of this year in the best-case scenario. This would mark a 24,778% surge from the asset’s current value of $0.5346.
Notwithstanding, Egrag’s analysis presents a less ambitious price target for XRP by year-end. In his analysis, Egrag considered his atlas line pattern, which analyzes XRP’s price action from as far back as 2015. Notably, every time XRP hit the line, it marked the outset of a major breakout. This happened in 2015 and 2017.
XRP has once again hit the atlas line for the third time in history. Accordingly, Egrag believes the asset’s ensuing breakout will ultimately lead to a price of $27 by the end of this year. This would mark a 4,950% increase from its current price.
XRP Price Prediction for 2024-2030
Moreover, Egrag also set up predictions for XRP’s performance beyond 2023. According to the analyst, the asset should rally to the $120 territory in July 2024.
Nonetheless, Mack posited a more ambitious price target for the asset from 2024 to 2030. Mack believes XRP should scale to the $550 territory before hitting a $7,000 value. His ultimate price goal for XRP currently sits at $10,000, which he expects the asset to reach by 2030.
It is important to note that these are analyses of the asset’s price action and not investment advice. All investment decisions should be carried out at the investor’s sole discretion.
Meanwhile, XRP’s rally remains intact despite losing momentum, as the asset registers a 24.27% increase in the past week. XRP is trading for $0.5346, down 0.35% in the past 24 hours.
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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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FAQs
Our models predict that XRP will trade for $13 in a bull market, $10 in a base market, and $7.40 in a bear market in 2030. These projections are dependent on several factors, such as changes in the market, platform developments, market volatility, and specific scenario analysis.
How much will 1 XRP be worth in 10 years? ›
XRP Prediction Table
| Year | Minimum Price | Average Price |
|---|
| 2028 | $3.17 | $3.27 |
| 2029 | $4.62 | $4.76 |
| 2030 | $6.72 | $6.91 |
| 2031 | $9.67 | $9.94 |
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Therefore, our XRP price prediction forecasts a price of $1.80 by the end of 2024. Depending on the lawsuit's outcome and crypto market conditions, it could go much higher, potentially reaching $3.10.
What is the XRP analyst prediction? ›
XRP recently lost nearly 20% of its value amid a broader market correction affecting major cryptocurrencies. However, several analysts remain optimistic, predicting a significant rally in the range of $1-$4.
What is the realistic XRP price prediction 2040? ›
Based on our long-term XRP Coin price forecast, we anticipated that prices could reach a new all-time high this year. By 2040, the maximum price of the XRP Coin is projected to be around $22.199. Our average price forecast for XRP is $21.746 in 2040.
What is the XRP prediction for 2040? ›
XRP's price prediction for 2040 based on the S&P 500 index's historical ROI. Based on the historical growth of the S&P 500, a $1,000 investment in XRP made in 2023 would grow to $6,660 by 2040. In other words, the price of XRP would increase by 560% from $0.381 to $2.514.
What will XRP be worth in 20 years? ›
The highest long-term XRP price prediction comes from Telegaon, with the coin forecast to reach $125.14 in 2050.
How much will XRP be worth in 2025 after lawsuit? ›
XRP Price Prediction 2025
XRP price prediction for 2025 sets the high at $3.38 and creates a new all-time high. However, in case of a global crisis, the XRP price might rest at $2.47, making an average of $2.925.
What is the price prediction for XRP in 2035? ›
XRP price prediction 2035: XRP's price for 2035 according to our analysis should range between $15.94 to $23.92 and the average price of XRP should be around $19.93.
Will XRP ever reach $10,000? ›
In a recent proposal by Edward Farina, the Head of Social Adoption at #XRPUpdate Healthcare, a hypothetical scenario was presented whereby the price of XRP has the potential to see a significant increase, reaching a value of $10,000.
If the project were to reform significantly to drive value to the XRP token, there is every chance that XRP could soar to new highs. However, like any investment, there are risks that every investor should consider before making a decision to invest.
How much XRP to be a millionaire? ›
XRP Needed to Make $1M at $156.36 and $521.69
Investors looking to see XRP at $156.36 would need to hold only 6,395 XRP to make $1 million. Notably, they could procure the 6,395 XRP tokens for $3,464. For the ambitious, a mere 1,916 XRP would be worth $1 million. Interestingly, the 1,916 tokens currently go for $1,038.
Should I buy XRP right now? ›
It's probably best to pass on XRP right now. The risk is simply too high.
What crypto will explode in 2024? ›
The index includes top tokens like $SOL, $ETH, and $WBTC- all of which are expected to see considerable gains in 2024 - making this a fantastic DeFi platform primed to explode throughout the year.
Is it worth investing in XRP? ›
Like any investment, XRP comes with its own unique set of risks. But investing in any cryptocurrency is extremely high risk and one should not expect to be protected. XRP is underpinned by blockchain technology, which ensures secure, fast and cost-efficient transactions.
Will XRP reach $500 by end of 2025? ›
The bottom line: XRP reaching $500 is borderline impossible
That seems a very unlikely possibility, to say the least. However, if Ripple succeeds in its IPO plans and the company wins the lawsuit against the SEC, the sky is the limit for XRP, especially in the long run, spanning to 2040 and 2050.
What is the XRP prediction for 2050? ›
XRP Price Prediction 2050
Gone are the physical cash transactions, and digital ones should soar in value. This means that Ripple would have a market cap of around $500 Billion, which is not impossible if blockchain tech became mainstream. This means that XRP should reach a price of around $9 and $10.
What will be the price of XRP in 2025? ›
XRP (XRP) Price Prediction 2030
| Year | Price |
|---|
| 2025 | $ 0.556962 |
| 2026 | $ 0.58481 |
| 2027 | $ 0.61405 |
| 2030 | $ 0.71084 |
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