XRP Overview
Cryptocurrency | XRP |
Ticker | XRP |
Current Price | $2.30 |
Price Change (30D) | 299% |
Price Change (1Y) | 270% |
Market Cap | $129.56 Billion |
Circulating Supply | 57.11 Billion |
All-Time High | $3.84 |
All-Time Low | $0.002802 |
Total Supply | 99.98 Billion |
What is XRP?
XRP is more than just a cryptocurrency—it’s the backbone of a revolution in cross-border payments. Developed by Ripple Labs, XRP aims to transform how financial institutions transfer money across borders, offering lightning-fast transaction speeds of 3–5 seconds and lower costs.
Unlike traditional blockchains, XRP operates on the XRP Ledger, a permissionless and open-source distributed ledger that supports the seamless transfer of fiat, crypto, or any unit of value. Thanks to its consensus mechanism, this technology has caught the attention of banks, universities, and financial institutions worldwide.
Independent validators agree on transactions in near real-time, ensuring transparency, security, and scalability. Moreover, XRP’s value lies in its ability to bridge currencies and assets—including gold—with minimal fees, making it an appealing choice for institutions. Created for speed and payment affordability, XRP has shifted focus to institutional adoption, setting it apart from most cryptocurrencies.
XRP Price History
According to CoinMarketCap data, the XRP token spent a portion of the year trapped in a consolidation phase, oscillating between a resistance level of $0.7180 and a support floor of $0.3911. Bearish forces dominated much of this period, successfully driving the token to its floor price above. However, this downward momentum proved fleeting as the tide began to turn in the year’s final quarter.
A shift unfolded as bullish sentiment reclaimed the market. In a rally, the cryptocurrency surged past long-standing price ceilings, marking a revival that captivated market watchers. Within just a month, the token surpassed its 2021 peak of $1.9839, marking over 298% uptick, reigniting optimism among investors and fueling speculation of a return to its all-time high.
The bullish momentum didn’t stop there. XRP continued to soar, hitting a yearly peak of $2.86—just 32.09% shy of breaking its all-time high. The surge underscores the asset’s resilience and growing confidence as it marches toward uncharted territory.
Yearly Highs and Lows of XRP
Year | XRP Price | |
High | Low | |
2023 | $0.9327 | $0.2996 |
2022 | $0.9163 | $0.2875 |
2021 | $0.9839 | $0.1881 |
2020 | $0.8294 | $0.1009 |
2019 | $0.5547 | $0.1716 |
2018 | $3.8400 | $0.2456 |
2017 | $2.8567 | $0.0047 |
2016 | $0.0095 | $0.0046 |
XRP Technical Analysis
As observed on XRP’s monthly chart, the Moving Average Convergence Divergence (MACD) showcases a bullish crossover, with the MACD line (0.2291) outpacing the signal line (0.0657). This bullish momentum is supported by strong green histogram bars, indicating robust buying pressure.
Such a signal often marks the beginning of a strong upward trend, and the recent price surge reinforces this interpretation. The expanding gap between the MACD and signal lines suggests that the upward momentum is gaining traction, hinting at possible price continuation toward XRP’s all-time high.
Similarly, the Relative Strength Index (RSI), at 79.87, confirms that XRP is overbought territory. While this signals caution due to the possibility of a short-term correction, it also reflects strong bullish sentiment.
Historically, RSI levels above 70, combined with other bullish indicators, often precede explosive price movements. With XRP breaking through critical resistance levels, the overbought condition may sustain for some time before a pullback occurs.
XRP Price Forecast Based on Fair Value Gap
A Fair Value Gap (FVG) is a price inefficiency often created during sharp market movements, leaving gaps in the chart as buying or selling pressure dominates. In XRP’s case, the 2017-2018 FVG marked a critical inefficiency between approximately $0.49 and $0.84. Over the years, this zone served as a magnet for price, influencing XRP’s consolidation and retracement patterns.
Regardless, the token witnessed a decisive breakout, closing the FVG and demonstrating that bulls have reclaimed control over this historically critical area. Filling such gaps indicates that the market has resolved its inefficiencies, paving the way for a more organic price trend.
Following the closure of the earlier FVG, a new one emerged during November and December, reflecting the market’s heightened volatility. This fresh FVG spans the price range of approximately $0.63 to $1.85 due to XRP’s upward rally. The rapid price surge created a zone with minimal trading activity, reflecting an imbalance between buyers and sellers.
While the bullish momentum remains undeniably strong, this unfilled gap introduces the possibility of a corrective move, creating a delicate balance between optimism and caution. For traders and investors, this FVG represents a crucial area to monitor. A potential pullback into this range could serve as a springboard for the next wave of bullish activity, offering strategic entry points.
XRP Price Forecast Based on MA Ribbon Analysis
The MA Ribbon index consists of the 20-day, 50-day, 100-day, and 200-day moving averages, which have all begun to fan out, signalling the start of a strong bullish trend in the XRP market. The most notable observation is the decisive crossover of the shorter-term MAs (20-day and 50-day) above the longer-term MAs (100-day and 200-day).
The 50-day MA is currently positioned at $0.9013, while the 200-day MA lags at $0.6520, demonstrating a healthy upward momentum. This alignment, often referred to as a “golden cross,” historically signifies the beginning of a sustained upward trend, bolstering confidence in further price growth.
Additionally, the widening gap between the moving averages reflects the strength of the recent rally, with XRP now trading at $2.30, above the MA ribbon. This distance indicates strong bullish momentum and suggests the token has entered overbought territory but with room for further upside.
XRP Price Forecast Based on Fib Analysis
At press time, the altcoin was trading at $2.30, firmly above the 61.8% Fibonacci level at $2.19, considered the “golden pocket” in technical analysis. This level often serves as strong support during retracements in bullish trends, and XRP’s ability to stay above it reinforces the bullish sentiment.
Below the golden pocket lies the 50% Fibonacci level at $1.77, another critical zone that could be a major support if the price faces downward pressure. This level aligns closely with previous breakout points, making it a high-probability area for a potential bounce.
On the upside, the 78.6% Fibonacci level at $2.79 represents the next resistance. A breakout above this point could pave the way for XRP to test its all-time high of $3.84, with the ultimate target set at the 100% Fibonacci level at $3.55.
XRP Price Prediction 2025
According to CryptoTale’s projections, XRP could peak at $5.7429 in 2025, driven by the aftermath of the 2024 Bitcoin halving and increased institutional blockchain adoption amid the resignation of SEC Chair Gensler. Conversely, prices might dip to $3.5505 as market corrections and profit-taking weigh on momentum.
XRP Price Prediction 2026
Following broader market corrections due to fading post-halving hype, the XRP cryptocurrency could lower its market value to $1.3581. Nevertheless, as the market stabilizes from its prior gains, the token may reach a high of $2.7913.
XRP Price Prediction 2027
As market optimism builds ahead of the 2028 Bitcoin halving, XRP could climb to $3.5505, bolstered by increasing investor confidence. Prices may, however, drop to $2.1953 due to interim volatility or regulatory uncertainties.
XRP Price Prediction 2028
The altcoin might soar to $6.5389, supported by post-halving bullish sentiment and rising demand for efficient cross-border payment solutions. On the downside, retracements could see prices fall to $3.8523, reflecting market consolidation after initial rallies.
XRP Price Prediction 2029
XRP could hit $9.2025, driven by strong community backing and expanded institutional partnerships. Nonetheless, short-term sell-offs or market adjustments could result in a low of $5.7429 for the token.
XRP Price Prediction 2030
Following increased market gains in the previous year, XRP is poised to plummet to a low of $4.5154. Yet, mainstream financial integration could propel XRP to a high of $5.9153 in 2030 as blockchain adoption matures.
XRP Price Prediction 2031
In 2031, XRP may experience a consolidation phase, trading within a range-bound pattern with a ceiling of $7.0981 and a floor of $5.6083, driven by slowing market growth and increasing competition in the blockchain sector.
XRP Price Prediction 2032
With continued adoption, technological advancements, and the impact of the sixth Bitcoin halving, the coin might peak at $10.6457 in 2032. However, market corrections or global economic headwinds could pull prices down to $6.8022 during the year.
XRP Price Prediction 2033
XRP could reach a high of $15.0305, fueled by advancements in bridging global financial systems. Yet, cyclical market trends and potential competitor inventions may drop the token to a low of $9.2905.
XRP Price Prediction 2034
As blockchain adoption becomes universal, XRP may achieve $19.3034, driven by its established role in global payments. Price retracements, however, could bring it to a low of $12.8381, reflecting natural market volatility.
XRP Price Prediction 2035
2035 XRP might surge to $22.5022, supported by decades of market maturation and utility expansion. Conversely, prices could dip to $16.9037 due to likely macroeconomic downturns or emerging competitive technologies.
XRP Price Prediction 2040
Looking further ahead, XRP could hit $35.00, cementing its role as a pillar in universal monetary systems after decades of advancements. However, its price may bottom at $25.6098 due to external economic factors or increased competition within the blockchain sector.
FAQs
What is XRP?
XRP is a cryptocurrency developed by Ripple Labs to enable fast and cost-effective cross-border payments. Operating on the XRP Ledger, it uses a consensus mechanism for transaction validation and offers transparency, security, and scalability.
How can I purchase XRP?
You can purchase XRP using fiat or other cryptocurrencies on major cryptocurrency exchanges like Binance, Coinbase, or Kraken. Ensure you have a wallet to store XRP securely.
Is investing in XRP a wise decision?
XRP offers potential due to its utility in cross-border payments and institutional adoption. However, like all cryptocurrencies, it carries risks, so thorough research is crucial before investing.
What’s the best way to securely store XRP?
For maximum security, use hardware wallets like Ledger or Trezor. Alternatively, software wallets like Trust Wallet or Ripple’s official wallet can also securely store XRP.
Who is the founder of XRP?
XRP was co-founded by Chris Larsen and Jed McCaleb in 2012 under Ripple Labs.
Which year was XRP launched?
XRP was launched in 2012 as part of Ripple Labs’ mission to revolutionize cross-border payments.
What is XRP’s circulating supply?
The circulating supply of XRP is 57.11 billion tokens out of a total supply of 99.98 billion.
Will XRP surpass its all-time high?
The XRP token is forecasted to surpass its all-time high of $3.84 and reach $5.74 by 2025.
What is XRP’s lowest price?
XRP’s all-time low price was $0.002802.
What will the price of XRP be in 2025?
Per CryptoTale, XRP is predicted to range between $3.55 and $5.74 in 2025, fueled by institutional adoption and blockchain advancements.
What will the price of XRP be in 2028?
The cryptocurrency might trade between $3.85 and $6.54 in 2028, driven by bullish momentum after the Bitcoin halving and increased demand for efficient payments.
What will the price of XRP be in 2030?
XRP could range from $4.51 to $5.91 in 2030 as blockchain adoption matures and financial systems integrate cryptocurrency.
What will the price of XRP be in 2032?
The altcoin is forecasted to trade between $6.80 and $10.64 in 2032, benefiting from technological advancements and the sixth Bitcoin halving.
What will the price of XRP be in 2035?
In 2035, XRP might range from $16.90 to $22.50, supported by decades of adoption and expanding utility.
What will the price of XRP be in 2040?
By 2040, XRP could range between $25.60 and $35.00, reflecting its established role in global financial systems and sustained innovation.