What is the price prediction for XRP? This question has been on every crypto enthusiast’s lip and a lot of people have been trying to predict what will happen with this currency. Ripple was not well-known until it was listed on Coinbase, so many people believe that if it gets listed in more exchanges, then its price will increase.
However, there are also other factors which could affect the growth of this cryptocurrency. In this blog post we’ll discuss these predictions and provide you with some useful resources!
If XRP doesn’t get listed on more exchanges, then its price may not rise as quickly. Similarly, if XRP continues to be used for the main purpose of transferring money between countries and banks, it will have a lower value because there are other cryptocurrencies which can do that too.
We’ll leave this blog post with some useful resources like XRP Price Prediction Calculator by Cryptocurrency News XRP Predictions 2020 – 2030: Is Ripple Worth Investing in?
XRP Market Review by CoinSutra (Jan 11, 2019) XRP has been on a downward trend for the past few months.
XRP is currently trading at $0.6685 but it can reach upto $12 with minor changes! We have listed some of the factors affecting XRPs price and possible future predictions to give you an idea about what this cryptocurrency might do next year or so. Please note that these are just our opinions and shouldn’t be taken as investment advice since we don’t guarantee anything.
XRP has been having a steady growth for several months, with no major fluctuations in its price which means there’s not much to talk about when it comes to XRP prices prediction?
However, Ripple doesn’t seem bothered by this attitude because they’re busy launching new products like xRapid and Xpring (proprietary XRP token) which are going to boost XRPs price.
XRP has been steadily growing and its value is predicted to keep increasing in the future, with some people predicting that XRP could reach up to $12 by 2022, but those predictions might turn out not true because XRP’s performance will be affected by other factors too. At such a high prediction XRP would have reached about 50 times of what it currently worths (based on today’s prices).
Ripple is releasing new products like xRapid and Xpring (proprietary XRP tokens), this can potentially affect the demand for XRPs as well.
The number one reason why you should invest in cryptocurrency now? XRP. XRP is the fastest and most scalable digital asset, enabling real-time global payments anywhere in the world.
What’s your XRP price prediction for 2022?
I predict that xrp price prediction or current market cap of $33 billion dollars to grow up to $50 billion dollars in 2022!
Personally, my estimate on XRP’s future movement can vary wildly depending on their competitors’ performance and what they collectively do with themselves going forward; but a conservative prediction would be around $12 per token or so at the end of 2021 (depending on any coin burnings). The third quarter seems like it might have some interesting XRP news coming as well.
I will be watching XRP very closely in the fourth quarter of this year, and am eagerly anticipating what Ripple has to say at their 2022 Conference in October.
As XRP continues to increase in price, XRP will likely continue its trend of being an excellent long-term investment vehicle and a hedge against any economic downturns that may happen in the near future.
Some folks have found XRPs potential so promising that they argue XRP is actually undervalued! This might be true; but I would caution them by saying don’t forget about all those people who bought XRP at $0.25 cents back when it first came on the market!
It doesn’t really matter what someone thinks XRP’s worth should be because ultimately markets historically do not care about rationality or predictions). What does matter for us as investors are where we think it’ll go next.
I think XRP’s price will continue to increase and might even exceed the $1000 mark in the future. I find it difficult to see XRP dropping anymore, but with that said anything can happen so don’t put all your eggs into one basket!
In closing, XRP is an excellent investment vehicle for long-term growth as well as a hedge against any economic downturns in the near future. Considering XRP has been around since 2012 (compared to Bitcoins 2009), it’s definitely not too soon or crazy talk.
