Ripple Price Prediction | How Much Will XRP Be Worth?

Feb 27 • 2020
Ripple Price Prediction | How Much Will XRP Be Worth?

A helpful guide for investors and traders to discover Ripple price predictions for both the short and long-term.

Cryptocurrencies are an emerging technology designed to disrupt the future of a number of markets. The cryptocurrency known as Ripple, officially called XRP, is one of the crypto assets that is aiming to shake up an entire industry – namely, the cross-border payments industry.

Ripple’s goals for XRP are quite different from what Bitcoin is aiming to achieve. Both provide users of the cryptocurrency a way to control their own assets, however, Ripple was designed for speed and to achieve some of the lowest fees of any crypto asset. These attributes make it extremely attractive for banks – Ripple’s main target customer – to move large amounts of money quickly, at a very low cost.

Due to this, Ripple is said to eventually become a replacement for SWIFT – the current standard for international bank wires, that includes slow speeds and high fees. Banks have been trialing Ripple’s xRapid which uses XRP to move funds at lightning-fast speeds between two third-parties.

Ripple Price Prediction | How Much Will XRP Be Worth?

Ripple may also disrupt traditional cross-border payments brands such as Western Union and MoneyGram, and recently acquired an ownership stake in MoneyGram, sending the price of the stock skyrocketing.

Because Ripple could potentially become the new standard across so many industries. Ripple has among the highest long-term price potential out of any crypto assets. Short and long term prices can be difficult to predict, however, this guide provides detailed information from industry experts and in-depth technical analysis, in order to help provide accurate Ripple price prediction and answer commonly asked questions such as “how high will Ripple go” and “how much will Ripple be worth in five years.


What is Ripple and the XRP Token?

XRP is the native cryptocurrency of the Ripple protocol. Ripple is both the blockchain network that XRP is transferred over, and the name of the company that created the crypto token and helps to push its adoption at banks and other cross border payment companies.

The XRP coin is designed to improve speeds over existing cryptocurrencies, making it especially attractive as a payment currency. For example, Bitcoin takes as much as 10 minutes to confirm a transaction, while confirmations using Ripple and XRP take as little as 5 seconds. It’s easy to see why Ripple is considered one of the best investments in the cryptocurrency industry.

Ripple was first created by Jed McCaleb, Arthur Britto, and Ripple CTO David Schwartz and started its life named OpenCoin. Later, it was renamed to XRP, Ripple Labs was formed, and now is led by CEO Brad Garlinghouse.

Jed McCaleb is no longer associated with the project and launched a similar cryptocurrency, Stellar, which is competing with Ripple for the cross-border payments market. However, Ripple dominates this industry and shows no signs of letting a competitor steal their thunder.


Ripple in 2020 and the History of XRP

Ripple has had a strong 2020, striking many partnerships with banks from around the globe. The Ripple coin is also being tested at a number of banks as a replacement for SWIFT money transfers, and even direct Ripple competitors see the long-term value in XRP and are testing it out at Western Union and MoneyGram.

What might have the largest impact on the price of the asset, is the parent company halting further sales of the asset to fund operations. When this happens, the demand far outweighs any supply of the coin and causes a rapid price increase.

Ripple Price Prediction | How Much Will XRP Be Worth?

XRP news has also helped strengthen the value of the crypto asset. Ripple has also made great strides in being accepted by global regulators, which will help its long term outlook and price projections in the future. It was recently listed alongside Bitcoin and Ethereum by the Financial Conduct Authority as a token that provides utility or a means of making a payment.

Ripple is US-based and is also in good graces with chief US regulatory bodies such as the SEC. Ripple is listed at all major US exchanges where regulation is especially strict. The nods of approval by regulators give Ripple additional price potential and ensure Ripple will rise in the future.


Ripple Experts Weigh in On XRP Long Term Value

Ripple has garnered the support of some of the biggest names in the investment sector, showing that many believe in a strong Ripple forecast. Investors can rest assured that their capital is positioned in an asset that has garnered the support from such powerful and prominent individuals.


Michael Arrington, Founder of Michael Arrington XRP, TechCrunch

TechCrunch founder Michael Arrington says that “Ripple is a really, really good way to move money,” and plans on altering his “career path to focus entirely on cryptocurrencies and related technologies.” The legendary tech investor also opened a $100 million hedge fund denominated in XRP, showing that even the most successful tech investors of our time understand the projected value that XRP can someday reach.


Ashton Kutcher, Actor, Sound Ventures

Other famous backers include Ashton Kutcher, who is invested in Ripple through his venture capital firm Sound Ventures. Kutcher and his partner Guy Oseary were featured on the Ellen Degeneres Show where they talked about the long-term value of Ripple. Kutcher explained that “Ripple is basically a platform to allow people to transfer money from bank account to bank account, person to person, really securely, really simply, really quickly.” Kutcher’s comments were viewed by millions on television, giving Ripple and XRP widespread exposure.


Bill Clinton, Former US President

Even former US President Bill Clinton has joined in on sharing positive thoughts about Ripple and the technology behind cryptocurrencies, saying that it has “potential” due to it being  “applicable across national borders and income groups.” “The permutations and possibilities are staggeringly great,” Clinton added.


Samson Williams, CSO of SeedUps

From a technical standpoint, CSO of Ireland-based fintech firm SeedUps Samson Williams believes that Ripple price could reach $16 and “get a natural bump” from the upcoming recession.


Craig Cole, CryptoMaps Analyst

Craig Cole of CryptoMaps thinks that XRP could potentially unseat Bitcoin as the leading cryptocurrency. He claims that “faster transaction speeds and lower fees make it easier for financial systems to embrace the virtual currency, which is partly why Ripple’s value has increased dramatically just this year.” He adds that “Ripple is helping financial institutions save money and it is only expected to become even more prevalent in payment flows. The virtual currency is certainly on the rise and has the potential to be the first token to truly disrupt an industry, and if it does, expect XRP to reach Bitcoin-like levels of ubiquity in the near future.”

With XRP price expected to eventually beat out Bitcoin, the estimated growth of Ripple could be enormous for investors.


Ripple Historical Price Data

By reviewing historical XRP market price data, an understanding of the absolute minimum price can be gained, and by looking at circulating supply it can also give investors a sense of what the maximum Ripple price could be someday and make a long-term XRP price prediction.

The digital asset is capped at 100,000,000,000 XRP, with just under 43,000,000,000 circulating supply. The market cap is currently over $11 million, and that’s with XRP currently priced at $0.25.

At its all-time high, Ripple reached over three dollars, at the height of the 2017 crypto bubble. Ripple was also the most profitable asset of that year, bringing investors over 1,000% gains in a short timeframe.

It can be found on a variety of crypto exchanges traded against BTC and USD pairs.


Ripple Price Technical Analysis and Price Potential

Having support from regulators, industry experts, and more ensures that Ripple and XRP will see strong price performance. But as for how high XRP can go, technical analysis can help understand when certain price points may be reached. Here’s what to expect based on some of the brightest analysts of the cryptocurrency industry.


Ripple Price Prediction 2020

In the near term, XRP is forming a massive inverse head and shoulders bottom, suggesting the asset is ready to make a powerful bounce to new local yearly highs.

Short term targets will have XRP revisiting 50 cents per token if the formation completes.

Ripple Price Prediction | How Much Will XRP Be Worth?


Ripple Price Prediction 2021 – 2022

Completing the inverse head and shoulders in 2020 is important because it will begin the formation of an even larger inverse head and shoulders pattern, that would take the price of Ripple coin to $1.33 in 2021.


Ripple Price Prediction | How Much Will XRP Be Worth?


The last major breakout of downtrend resistance caused an over 5,000% breakout. A repeat of this pattern after yet another breakout of downtrend resistance could take XRP price to $15 per token.


Ripple Price Prediction | How Much Will XRP Be Worth?


Ripple Price Forecast 2023 – 2025

Another version of the pattern would take XRP to as high as $88 per token.


Ripple Price Prediction | How Much Will XRP Be Worth?



The repeating pattern would form a long-term growth corridor and channel that if a similar peak and trough structure occurs, would take XRP to as high as $10,000 in the long-term future.


Ripple Price Prediction | How Much Will XRP Be Worth?


Alternative analysis from VincePrice suggests that “smart money” has been accumulating XRP in the same pattern as the last bear market, which led to explosive gains. If the price action repeats the trader points to a new high of $150 per token.


Ripple Price Prediction | How Much Will XRP Be Worth?


Yet additional analysis from Jonzon21 points to a similar high for XRP at $129, but that’s just a near term target for 2021. His longer-term target between 2023 and 2025 suggest the asset could go higher than $1,000 to as high as $10,000 per token.


Ripple Price Prediction | How Much Will XRP Be Worth?


Conclusion: Is Ripple a Good Investment and What is the Future of Ripple?

This guide provides those interested in investing in or trading Ripple with all of the facts and forecasts necessary to come to one’s own judgment on how high Ripple will go, and if taking a position in Ripple is right for them.

Ripple has the potential to disrupt many industries, has the support of regulators, and is backed by a team of experts at Ripple Labs and other investors who are working hard to push adoption of the digital asset.

In the short-term, analysts and experts are expecting prices ranging from $0.80, to as much as $16 dollars. In the medium term, analysts easily see prices reaching between $290 to $589. Longer-term price projections put XRP price at highs over $1,000, but analysts show many alternative scenarios where a pullback occurs around this time after setting a new all-time high. Corrections of this type are considered healthy and provide traders with additional opportunities to open short positions after rallies have been exhausted, and open long positions when XRP reaches long-term historical support.

Year Potential High Potential Low
2020 $0.80 $0.17
2021 $15 $1
2022 $88 $10
2023-2025 $10,000 $150

Traders can take advantage of the tools provided by platforms such as PrimeXBT, and open long or short positions with up to 100x leverage on either the XRP/USD pair, or the XRP/BTC pair.

Ripple Price Prediction | How Much Will XRP Be Worth?

PrimeXBT offers Ripple alongside other popular cryptocurrencies Bitcoin, Ethereum, Litecoin, and EOS, as well as traditional assets such as the most popular forex currencies, commodities, stock indices, and spot contracts for gold and silver.

With an economic recession around the corner due to an ongoing trade war between China and the US, and due to global debt rising to extremes, fiat currencies are expected to fall, while cryptocurrencies which are hard-capped and deflationary are expected to grow to new heights and show their true power as the future of money.

Ripple is among the best cryptocurrencies in the market, ranked third by market cap only behind Bitcoin and Ethereum. The crypto asset has maintained the top position for a number of years, and is expected to remain one of the most valuable digital assets in the market, and could one day become the main technology used by banks for cross-border payments, and make other platforms like Western Union and MoneyGram obsolete.

The fact that XRP is accepted by global financial market regulators, gives Ripple additional value for investors and traders who can remain comfortable their asset of choice doesn’t come with unnecessary risks.

Still, crypto assets can be highly volatile and some risk is associated with them. Never invest more than you can afford to lose, and be sure to use a trading platform like PrimeXBT that allows for hedge positions, portfolio diversification, and proper risk management through advanced order types such as stop losses and take profit orders.


The information provided does not constitute, in any way, a solicitation or inducement to buy or sell cryptocurrencies, derivatives, foreign exchange products, CFDs, securities and similar products. Comments and analysis reflect the views of different external and internal analysts at any given time and are subject to change at any time. Moreover, they can not constitute a commitment or guarantee on the part of PrimeXBT. The recipient acknowledges and agrees that by their very nature any investment in a financial instrument is of a random nature and therefore any such investment constitutes a risky investment for which the recipient is solely responsible. It is specified that the past performance of a financial product does not prejudge in any way their future performance. The foreign exchange market and derivatives such as CFDs (Contracts for Difference), Non-Deliverable Bitcoin Settled Products and Short-Term Bitcoin Settled Contracts involve a high degree of risk. They require a good level of financial knowledge and experience. PrimeXBT recommends the consultation of a financial professional who would have a perfect knowledge of the financial and patrimonial situation of the recipient of this message and would be able to verify that the financial products mentioned are adapted to the said situation and the financial objectives pursued.


Another news