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XRP Price Prediction

XRP currently stands 6th globally in market capitalization at over $60 billion. XRP’s bullish momentum has been strong after a turbulent few months. It is expected to surpass all-time highs once more.

Here’s our article. Predictions of the XRP-Price for the months to come. We have done extensive research and analysis of XRP and highlighted where you could buy XRP right away with 0% commissions.

Prediction of the XRP price 2021-2022

If you’re looking to buy XRP right now and require some information on the coin’s outlook, then look no further. Below is a breakdown containing our XRP price predictions for the months ahead. We have included news-based, fundamental and technical analysis to provide a precise XRP forecast.

One MonthXRP’s bullish momentum has been strong since July. It has continued to grow into August. Our analysis predicts the $1.60 level for XRP within the month.

Three MonthsExpect to see consolidation between $1.60 and 1.70 levels. This is because there appears to be strong resistance in the area. If momentum continues, XRP can reach the $1.95 mark within the next three months.

2022: Start– Our XRP prediction is that XRP will break through the April 2021 peak and return to $2.2 in 2022. XRP is expected to continue its upward trend through 2022 and return back to the January 2018 all-time highs.

XRP Price History – The Story of 2021 so Far

Similar to when you buy stocks, the process of investing in cryptocurrency involves conducting in-depth research on the asset you’re interested in, looking at the coin’s price history to get an idea of where it could go next. This is what is known as “due diligence” and is essential for investing successfully. We will now give you a quick overview of XRP and then dive into our XRP stock forecast.

It is important to know that XRP, the native cryptocurrency, is part of the Ripple network. Ripple Labs developed Ripple to allow worldwide money transfers. Ripple functions as an intermediary between financial transactions. This is because the blockchain technology validates transactions, which eliminates the need for brokers and banks.

Ripple also works faster than traditional SWIFT networks. Ripple transactions typically take less than four to five seconds while traditional banking networks take two to three working days. Ripple transactions can be cheaper because they only charge a fraction XRP for a fee, which is usually less than 1p. As noted by Forbes, Ripple was designed to replace the existing SWIFT network – and is doing a pretty good job at doing so!

Let’s move on to the XRP prediction 2021. The price chart clearly shows how volatile this crypto is. It is easy to see how the price rose dramatically in December 2017 compared to the previous month. In just a few short weeks, the XRP value soared a staggering 1257%. Many analysts and investors believed that the price would continue to rise. However, this was not to be and the price did start to decline after reaching $3.3.

The price of XRP is currently at a steady decline since the January 2018 all-time highs. There were some bullish spikes in the price of XRP, such as those experienced in December 2020 and September 2018, but overall, XRP performance has been quite poor since these highs.

One reason the XRP stock price hasn’t performed well is the ongoing litigation against Ripple. Chris Larsen and Brad Garlinghouse, the CEO, were brought to court for allegedly selling securities unregistered worth more than $1.38 Billion. This litigation began in December 2020 and has impacted XRP prices.

July 2021 showed some positive momentum. The XRP value climbed by about 145% in a matter of months. Many market commentators believe this bull run will see XRP return to its prior levels – or possibly even beyond.

Forecast for the XRP price

Now that you know the basics of XRP as well as how it got to this point, let us take a look at the Ripple price prediction. To make sure that the forecast is accurate, we broke down the analysis into both fundamental and technical factors. This is a brief overview of the elements used in our XRP prediction.

Technical Analysis

You can see in the below price action that the XRP prices broke out of its downward channel which it was trapped within since May 2021. Price reached $0.52 and then rejected in June/July. The price has shown incredible bullish momentum in the past month since this rejection.

Looking ahead, the $1.60 mark represents a very strong resistance level. This resistance area is where the price struggled to break in May 2021. It was eventually broken with large volatility, and then rapidly declined. The bullish impetus shown right now suggests that there is a good chance for this level to be broken.

Technically speaking, the highs at $1.95 are next. This area also serves as a strong resistance zone, with the price falling by about 50% since it last reached it. This area is likely to consolidate as it will take multiple attempts to break the barrier.

Fundamental Analysis

Our XRP forecast takes fundamental factors into account. Like when you buy Bitcoin, an investment in XRP is also an investment in the underlying technology. The great thing about XRP, is that its Ripple network has numerous practical uses. This adds credibility to the hype surrounding it.

FinanceMagnates.com recently announced that Global Money Express (GME Remittance) has recently partnered with RippleNet, further boosting the XRP price. Partnerships like this are great news for RippleNet’s price.

However, it is important to note the ongoing saga with the Securities and Exchange Commission. XRP won’t see the uptrend it needs until the lawsuit is resolved. Ripple would be able to handle the litigation in a way that benefits them, which could lead to XRP prices skyrocketing over the next months and into the future.

Long Term Outlook for XRP Prices Prediction 2025

Looking ahead, our XRP predictions for the long term are promising. XRP, unlike other altcoins like Dogecoin (Litecoin) and others, has many real-world application cases that enhance its long-term outlook. This makes it difficult to predict the future and prevents XRP from becoming speculative hype.

XRP has also benefited from the Senate blocking proposed legislation that would have imposed severe regulation on the cryptocurrency market. It caused a major rally in the market when the Senate blocked it. This led to coins like XRP (Ethernet), and Cardano all benefitting tremendously. This is good news for the future because the Senate voted no.

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Cary Grant
Cary Grant
Cary Grant, the enigmatic wordsmith hailing from the UK, is a literary maestro known for unraveling the intricacies of life's myriad questions. With a flair for delving into countless niches, Grant captivates readers with his insightful perspectives on issues that resonate with millions. His prose, a symphony of wit and wisdom, transcends boundaries, offering a unique lens into the diverse tapestry of human curiosity. Whether exploring the complexities of culture, unraveling philosophical conundrums, or addressing the everyday mysteries that perplex us all, Cary Grant's literary prowess transforms the ordinary into extraordinary, making him a beacon of intellectual exploration.

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