Cryptocurrency exchange Changelly has published an updated forecast for the price of XRP almost a decade from now. The price of the new prediction is significantly different from the previous prediction and this time the prediction includes when the XRP price crosses $10.
XRP price will exceed $10 by 2030
XRP community members are very optimistic that the price of In fact, we expect a lot of growth in cryptocurrency exchanges over the next few years, but double-digit growth seems unlikely.
The cryptocurrency exchange expects the price of Growth is expected to continue over the next few years, reaching $5 by 2028.
Source: Changelly
However, according to the report, investors will have to wait two more years for the price of XRP to reach $10. The maximum price is expected to be $8.07 in 2029. And finally, Changelly predicts that the price will surpass the coveted $10 mark by 2030.
Prices are not expected to fall below $10 again until 2030. Rather, it is expected to double in the next two years and soar to $24.95 in 2032, nine years from now.
XRP trending at $0.596 | Source: XRPUSD on Tradingview.com
We look forward to a very disappointing 2024.
Changelly’s 2024 price forecast, broken down by individual month, shows the coin’s lackluster performance. The predicted high point for the price of XRP is only a 35% increase from the current price of $0.59 at the time of this writing. The given expectation is that the highest price will be $0.8.
Changelly’s prediction appears to be a departure from the norm, with many forecasts predicting the XRP price will reach its highest price within the next two years. A cryptocurrency analyst known as EGRAG Crypto predicts the altcoin price will reach $5.5. Interestingly, analysts expect the price to reach this level in the next two weeks.
Another analyst known as Austin Hilton also predicted that the price of XRP would reach $1.5 once the SEC approves the Spot Bitcoin ETF. According to Bloomberg analysts, the fund could be approved in January 2024, which means the XRP price could reach $1.5 within a month.
Featured image from Crypto News Flash, chart from Tradingview.com
Disclaimer: This article is provided for educational purposes only. This does not represent NewsBTC’s opinion on whether to buy, sell or hold any investment, and of course investing carries risks. We recommend that you do your own research before making any investment decisions. Your use of the information provided on this website is entirely at your own risk.