Ever since Ripple’s XRP managed to reach the rank of the second-largest cryptocurrency, it appears that XRP is trading at a more stable pace despite the dips.
This is the case because XRP refuses to go below 0.30$ as its resistance point, also acquiring a similar pace of growth as Bitcoin (BTC)ranked as the top cryptocurrency for the past seven days.
It seems that XRP is following the movement of BTC as both cryptos are dropping by -10% and both cryptos are down by barely -1% in the course of the last 24 hours.
However, it also appears that XRP is having a hard time going above the value of 0.30$, previously holding onto the price of 0.50$ as its resistance against the dip.
However, dips are notably taking effects in the price of XRP as well as it is the case with the rest of the market, as the second-largest cryptocurrency is losing -91% since making its all-time high of 3.40$ back in January 2018.
What is the future price prediction for XRP in the following months and years?
Moreover, is XRP able to get past the value of 3.40$ in the upcoming period, or will we see it dipping below the initial price of 0.30$?
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XRP Price Prediction for 2018
Although Ripple’s XRP is trying to acquire a set of gains even on December 13th, one day after the cryptos had a chance to take a mass rebound on December 12th, XRP is still showing negative returns in the course of the last 7 days. There are only several exceptions in the top 20 list as far as the weekly gains concerned, however, all top 10 trading cryptocurrencies, including XRP, are going down from -6% to -18% within the period of the last week. Additionally, XRP is going down by -42% during the course of the last month, which makes it hard for the crypto to take a more serious recovery. It is considered that XRP might drop below its resistance price of 0.30$ to touch a new low of around 0.25$. However, XRP might rise back up to touch 0.38$ with the ending days of 2018 and the beginning of 2019.XRP Price Prediction for 2019
The upcoming year 2019 is said to be rough in terms of bringing more negative trends to the cryptocurrency market, which means that 2018 most probably won’t be the end of bear trends. In that case, XRP might have a rough time getting back above 0.30$, which means that XRP might even go below 0.20$ in the worst case scenario, which means that the crypto would be touching new lows. On the other hand, more positive future predictions won’t have any problems with getting back to the price of up to 0.70$ by the end of 2019.XRP Price Prediction for 2020
It is generally considered that 2020 should bring more positive trends to the cryptocurrency market. That means that XRP could touch the value of 0.90$ in the next two years. However, in case 2020 turns out to be another bear year, XRP will have troubles going above the value of 0.30$ just as it is the case at the end of 2018.XRP Price Prediction for 2025
By 2025, many major banks could be already using xRapid, Ripple’s product designed for providing banking systems with swift remittance payment operations, also being the only product that actually uses XRP. In case XRP goes through mass adoption through xRapid or due to another successful adoption strategy, getting past the value of 3.40$ in the course of the next six years shouldn’t be a problem.
Disclaimer: The information on this site is provided for discussion purposes only, and should not be misconstrued as investment advice. Under no circumstances does this information represent a recommendation to buy or sell securities.