middle XRP price Amid unfavorable market sentiments, prominent global cryptocurrency exchange Changelly sparked fresh optimism by predicting a potential surge in token prices. Cryptocurrency exchange predicted Cryptocurrency hits all-time high In the next few years.
XRP 2024 Price Prediction
On Wednesday, February, Changelly published a research report. projection Monthly prices of XRP in 2024. The cryptocurrency exchange highlighted XRP’s historical challenges, explaining the significant decline that has left the cryptocurrency trading well below its 2018 all-time high of $3.84.
Changelly’s extensive analysis of XRP predicts that XRP will increase by 23.71%. Price of XRPIt will break above the current resistance level of $0.5 and reach $0.667 by February 16, 2024.
The cryptocurrency exchange noted: Current technical indicators It indicates a 28% bearish-bullish market sentiment towards the token, with the Fear and Greed Index reflecting high greed at 74.
Changelly also reported a positive 7-day upward trend for XRP, with an increase of $0.01 in the last 24 hours. The cryptocurrency platform expects the average price of XRP to reach $0.617 by March, with an expected price range of $0.550 to $0.685.
Changelly predicts that XRP will trade above $0.50 in April and May, reaching average prices of $0.562 and $0.573, respectively. From June to September, the cryptocurrency is expected to gradually approach $0.60, with the average price of XRP during these months ranging from $0.55 to $0.59.
By November, the tokens are expected to: Breaking past resistance levels, the average price remains $0.662, the minimum is $0.569, and the maximum is $0.755. Meanwhile, Changelly predicts that the average XRP price will surge to $0.695 in December, potentially reaching a high of $0.829.
Huge price surge in coming years
Changelly has provided forecasts for the token from 2025 to 2050 in its research report. Cryptocurrency exchange platform expect big profits The price of the cryptocurrency is expected to exceed $500 in the next few decades. Specifically, in 2025 and 2026, Changelly expects XRP to surpass $1, trading at an average of $1.18 and $1.72, respectively.
Cryptocurrencies are expected to grow slowly. increase over the yearsIt surged past $2 in 2027 and surpassed its all-time high of 3.84 for the first time, reaching an average price of $5.04 in 2028.
For the decade from 2030 to 2040, Changelly predicted: XRP In 2030, it will trade for an average of $7.39, and will quickly gain more momentum over the years, reaching a maximum of $480.23 and a minimum of $413.15 in 2040.
By 2050, XRP is expected to surpass $600 and trade at $625.74, with maximum and minimum values of $690.55 and $595.36, respectively.
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