Ripple’s XRP made it to its all-time high of over 3$ per one unit back at the end of January 2018 to where it jumped from 0.30$ in only four weeks.
This positive momentum was driven by the positive market trends at the end of 2017, so cryptocurrency holders and traders are expecting the same or near-same momentum at the end of 2018.
XRP (XRP) Price Today – XRP / USD
XRP is already showing a bullish return with the beginning of November, rising by over 16% on November 6th in a single bull run, taking XRP to flattering gains on its weekly chart.
Is Ripple able to go beyond the value of 0.50$ towards 1$ price, or will it dip in the long run?
Here are some of the most interesting short and long-term predictions for Ripple’s XRP.
Ripple (XRP) Price Prediction for 2018
Based on the momentum made by XRP in the market during the previous period of 2018, it is suggested that the price of XRP will range from 0.45$ o 0.70$ per one unit, while the most relevant close price would be 0.65$ for XRP.
In case Ripple’s currency would continue with the pace of growth it had acquired on November 6th with 16% up against the fiat in the last 24 hours, the currency might even touch 1$ at the end of December.
XRP is currently showing over 20% of gains the last seven days, making a promising statement in form of a single day bull run.
Ripple (XRP) Price Prediction for 2019
According to calculations based on the previous growth of XRP, it is predicted that the currency could get around 40% added to its value in the course of the next year.
However, some analysts are predicting that XRP might encounter a dip in June 2019, dropping below the initial value of 0.40$ by the end of the year.
More enthusiastic prognosis claims that XRP might get closer to its all-time high of 3$ by acquiring a symbolic value of 1$ during the first months of 2019.
Ripple (XRP) Price Prediction for 2020
The set price range based on the analysis of XRP performance dictates that XRP will go from as low as 0.27$ to 0.56$ per one unit by the end of 2020.
However, what these calculations are missing out to include is the fact that there are many external factors that can affect the price of a cryptocurrency in a positive or a negative way.
Ripple is currently working on introducing XRP to financial institutions and banks through their product xRapid, which might provide a massive boost for XRP in the following months, as well as in the long run throughout the upcoming years.
After all, xRapid and XRP adoption news is what brought XRP up by over 160% in a YTD chart, as well as nearly 80% of gains in the last two months, so in case the adoption acquires more momentum, Ripple’s XRP could easily get closer to the value of 1$ in the upcoming months.