XRP Price Prediction – Will Ripple Price Hit $5 in

  • Bullish XRP price prediction ranges from $0.9065 to $1.934.
  • XRP price might also reach $5 soon.
  • XRP’s bearish market price prediction for 2022 is $0.210.

This Ripple (XRP) price analysis and prediction 2022 is based on the technical analysis alone. Below, you will see some of the metrics/confluences that we have taken into consideration upon coming up with our XRP price prediction and analysis.

In the midst of the present crypto winter, one of the cryptocurrencies that investors are looking forward to for a bullish run is Ripple native token XRP. Due to the growing interest in Central Bank Digital Currency (CBDC), Ripple has positioned itself to be adopted through the private ledgers and cheap cross-border payments it offers through its project Ripplenet.

In recent news, the biggest bank in Morocco-Attijariwafa Bank has entered into a partnership with Ripple to promote seamless payments to its customers with the XRP token.

Would these events and others on the horizon make XRP a good investment for 2022? Let us find out in this CoinQuora Ripple (XRP) price analysis and price prediction 2022 article.

What is Ripple (XRP)?

Ripple is a privately-held fintech firm that offers a global payment solution through its patented payment network called Ripple Network. Moreover, RippleNet is a payment network that is built on top of Ripple’s consensus ledger, called XRP Ledger. More so, Ripple funded the innovation of the open-source XRP Ledger.

Ripple is a privately-held silicon valley tech giant that offers a global payment that reaches both the elites and the unbanked through its patented payment network called Ripple Network. Its native token is called XRP. Ripplenet is a global network that enhances financial transactions through its transparent open-sourced consensus ledger maintained by independent validators at low fees.

Technical Aspects of Ripple (XRP)

Transactions within the XRP ledger can be completed within 3-5 seconds. This is opposed to the Bitcoin blockchain where mining fees are high before transactions can be completed due to its adoption of the proof-of-work mechanism.

Ripple node validators include banks, universities, individuals, private payment providers, and cryptocurrency exchanges. Added to this, XRP will not enable users to spend the same amount of cryptos more than two times. This is because the system detects the transaction first and deletes all the subsequent data.

Moreover, the operation of Ripple takes place using gateways. In addition, the gateway performs as an intermediary in the chain of trust between two parties who want to finish a transaction. In specific, banks are the gateways. Even more, the architecture of Ripple is the same as the architecture of the SWIFT global fast payment system.

Now that we have an idea about XRP, do you think XRP will be profitable crypto in 2022? Join me and let us see the charts in this XRP price analysis and XRP price prediction.

Ripple (XRP) Current Market Status

As of the time of writing this Ripple (XRP) price analysis, XRP trades at $0.326 with a 24-hour trading volume of $1,116,622,856. The price of XRP has increased by 2.93% in the last 24 hours.

Furthermore, XRP has a current circulating supply of 48.34B XRP. Currently, the top cryptocurrency exchanges for XRP are BinanceHuobi GlobalOKExFTXGate.ioKraken, and Mandala Exchange.

Now, let’s proceed to the next part of this XRP technical analysis for 2022.

Ripple (XRP) Price Analysis 2022

Currently, Ripple holds 8th place on CoinMarketCap. But will the latest upgrades, development, and changes in the XRP blockchain help the cryptocurrency price to reach higher? Let’s proceed to the charts in this XRP price prediction article.

XRP/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)

Keltner channel is a technical analysis indicator that is used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for XRP/USDT, we can deduce that the price of XRP might get bullish in some days since the price is in the first half of the channel from the bottom. However, in the long-term, the price might get bullish since top cryptocurrencies like Bitcoin and Ethereum are already getting bearish from the recent bullish run.

XRP/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)

The Relative Strength Index (RSI) measures the relative momentum in the magnitude of recent price changes so as to deduce oversold or overbought assets. The RSI value of the 1Day chart is 39.77.  This shows that XRP is showing a weak trend since its RSI lies between 30 and 50. This value can trigger a bullish run if investors reposition themselves either toward the buyers.

Ripple (XRP) Price Prediction 2022

The chart below shows that Ripple (XRP) price has increased in the past few days. Moreover, the XRP price is up by 4.8% in the last 7 days. If this trend continues, XRP might run bullish, breaking its $0.347 price at resistance1 level and pushing higher to $1.934 at resistance8, the 2022 bullish signal.

XRP/USDT 1Day Chart Showing the Key Levels (Source: Tradingview)

Conversely, if the investors go bearish in the crypto, the bears might take over and dethrone XRP from its uptrend position. In simpler terms, the price of XRP might plummet to almost $0.210, a bearish signal.

Meanwhile, our long-term XRP price prediction for 2022 is bullish. It has a high possibility of surpassing its current all-time-high (ATH) at about $3.84 this year. However, that will only happen if it breaks many previous psychological resistances it attained in the previous years.

Ripple (XRP) Price Prediction – ADX

Let us now look at Ripple’s Average Directional Index (ADX). In particular, the ADX assists traders in finding the strength of a trend rather than its direction. It can also be utilized to determine whether the market is changing or if a new trend is beginning.

XRP/USDT 1Day Chart Showing the Average Directional Index (Source: Tradingview)

The value of ADX for XRP is 42.20 which indicates that the recent trend is strong since it lies between 25 and 50.

Ripple (XRP) Price Prediction – MA

XRP/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)

From the chart above, the 200-MA is above the 100-MA which means that long-term investors would gain. However, since the gap between the two moving averages is wide and both moving averages are above the recently formed candlestick, the next bullish run might be long.

Ripple (XRP) Price Prediction 2023

If this bullish trend continues, XRP will reach $5 by the end of 2023. Moreover, the first half of 2023 is going to show fast growth, up to $7. Then this rise will slow down, but no major falls are expected. With recent and upcoming partnerships, and developments reaching $5 is quite optimistic in the price point of view but undoubtedly feasible for the near future.

Ripple (XRP) Price Prediction 2024

If XRP holds the support level around 200-MA, the long-term moving average of 200 days firmly, buyers will then have ample time and stability to forge the next attack mission on the vital level at $10, making it not plummet but play consistently.

Ripple (XRP) Price Prediction 2025

As per the latest upgrades, developments, XRP price prediction, and new project forecasts of the platform, XRP investors could expect many partnerships and integrations around 2024. Moreover, this might boost the price of XRP in the crypto market, and it will be the best investment as the price can spike and reach around $15.

Ripple (XRP) Price Prediction 2026

In the next four years, XRP prices could get up to $30. However, reaching this level could not be so difficult for XRP as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that XRP has a high possibility of reaching a new ATH soon in the next four years as per the prediction.

Ripple (XRP) Price Prediction 2027

As per the latest upgrades, developments, XRP price prediction, and new project forecasts of the platform, XRP investors could expect many partnerships and integrations around 2027. Moreover, this might boost the price of XRP in the crypto market, and it will be the best investment as the price can spike and reach around $45.

Ripple (XRP) Price Prediction 2028

In the next six years, XRP prices could get up to $60. However, reaching this level could not be so difficult for XRP as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that XRP has a high possibility of reaching a new ATH soon in the next six years as per the prediction.

Ripple (XRP) Price Prediction 2029

As per the latest upgrades, developments, XRP price prediction, and new project forecasts of the platform, XRP investors could expect many partnerships and integrations around 2029. Moreover, this might boost the price of XRP in the crypto market, and it will be the best investment as the price can spike and reach around $75.

Ripple (XRP) Price Prediction 2030

In the next eight years, XRP prices could get up to $100. However, reaching this level could not be so difficult for XRP as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that XRP has a high possibility of reaching a new ATH soon in the next eight years as per the prediction.

Conclusion

Ripple has a bright future ahead of it in 2022. With the ongoing developments happening within the XRP ecosystem, as well as in the overall crypto market, we may see XRP attain new all-time high prices.

Bullish XRP price prediction 2022 is $1.934. As said above, it may even reach $3 if investors have decided that XRP is a good investment in 2022, along with mainstream cryptocurrencies like Bitcoin and Ethereum since most crypto move in the direction of the Bitcoin trend.

FAQ

What is XRP?

XRP is the native digital asset of Ripple. Ripple is a privately-held fintech firm that offers a global payment solution through its patented payment network called Ripple Network. However, XRP is capable of settling a payment within 4 seconds and handling 1,500 transactions per second.

How to Buy XRP Tokens?

Like other digital assets in the crypto world, XRP can be traded on many exchanges. Users can obtain XRP tokens by purchasing them from cryptocurrency exchanges such as Binance, OKEx, ZBG, CoinTiger, and Huobi Global.

Will XRP Surpass its Current ATH?

XRP is a good investment in 2022 since it gave investors more than 110% return on investment. However, XRP has a high possibility of surpassing its current ATH at about $3.84 it attained in January 2018 by 2022.

Can XRP reach $5 soon?

XRP is one of the active crypto assets that continues to maintain its uptrend position. If this bullish trend continues, XRP might be able to break from $1.934 and go all the way to $5. Of course, this is very likely to happen if the bullish market continues to favor crypto.

Is XRP a good investment in 2022?

XRP is considered one of the top-rising cryptocurrencies this year. Also, along with the recorded achievements of XRP in the past few months, we can say that XRP is indeed a potentially good crypto to invest in this year considering the recent partnerships that have increased its adoption.

What is the lowest price of XRP?

It is $0.002802 that was attained on July 7th, 2014 according to CoinMarketCap.

Which year was XRP launched?

XRP was launched in 2012.

Who are the co-founders of XRP?

They are Chris Larsen and Brad Garlinghouse.

What is the maximum supply of XRP?

It is 100 billion XRP.

How do I store XRP?

XRP can be stored in a cold wallet, hot wallet, or exchange wallet.

What will be the XRP price by 2023?

Ripple’s (XRP) price is expected to reach $5 by 2023.

What will be the XRP price by 2024?

Ripple’s (XRP) price is expected to reach $10 by 2024.

What will be the XRP price by 2025?

Ripple’s (XRP) price is expected to reach $15 by 2025.

What will be the XRP price by 2026?

Ripple’s (XRP) price is expected to reach $25 by 2026.

What will be the XRP price by 2026?

Ripple’s (XRP) price is expected to reach $30 by 2026.

What will be the XRP price by 2027?

Ripple’s (XRP) price is expected to reach $45 by 2027.

What will be the XRP price by 2028?

Ripple’s (XRP) price is expected to reach $60 by 2028.

What will be the XRP price by 2029?

Ripple’s (XRP) price is expected to reach $75 by 2029.

What will be the XRP price by 2030?

Ripple’s (XRP) price is expected to reach $100 by 2030.

Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.

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