This Prediction Reveals How Long It Will Take XRP Price To Cross $10
2023年11月18日 - 10:30PM
NEWSBTC
XRP is one of the few cryptos with impressive price action this
year. The cryptocurrency has been in the public eye for the past
few months, as traders wait eagerly for XRP to embark on a major
bull run ultimately. However, the crypto has been down for the past
few days amidst ongoing market consolidation. Price action shows
that XRP is down by 9% in a 7-day timeframe and is currently
trading at $0.59. A recent price prediction made by the
cryptocurrency exchange Changelly suggests that the value of XRP
could skyrocket to the moon very soon. Its new price forecast says
it could surge over 1,700 times its current value over this decade.
This would cause the price of one unit of the token to increase
from its current level of approximately $0.60 to more than $11 by
2030. Related Reading: Options Frenzy: Bitcoin Rally To $37,000
Sparks Explosive Open Interest Surge Changelly’s Very Bullish
Prediction XRP’s growth has mostly been deterred since 2020 by the
SEC’s lawsuit with Ripple, the technology company tied to the
crypto asset. The situation changed recently in July 2023, and XRP
is now in a position to step out of the shadow cast by this
lawsuit. Although XRP’s price chart has rebounded at a resistance
at the $0.70 level and looks like is going to end today with a red
bearish candle, general sentiment still remains bullish in the long
term. According to Changelly’s XRP price prediction, the crypto
points to a 63 greed on the XRP Fear-Greed Index. As a result, the
exchange puts the monthly closing price at $0.8032, a 33.87%
increase from its current price. The optimistic outlook of
the crypto exchange extends well beyond the scope of the current
year’s forecast. Changelly predicted that XRP could break above its
current all-time high of $3.84 by 2027. Total crypto market
cap is currently at $1.3 trillion. Chart: TradingView.com Assuming
the trend of price appreciation continues, XRP may surpass the $10
threshold by 2030, registering an average and maximum price of
$9.71 and $11.37 respectively. This represents a staggering 1,790%
increase from its current price. Additionally, the company also
projects XRP reaching an average price of $19.91 in the two years
after and a maximum price of $23.46 by 2032. How Feasible Is This
Projection? As of right now, XRP is the only crypto with a clear
regulatory status in the US. Changelly’s price prediction is
obviously very bullish, but it resonates with the larger sentiment
among crypto traders and analysts. In the short term,
most analysts expect XRP price to remain volatile but trade within
the $0.6 to $1 range for the remainder of 2023. Very bullish
predictions have come for a larger timeframe. Analyst ERGAG CRYPTO
has set various targets for XRP’s price, ranging from $5 to $27.
From a technical perspective, XRP’s price just entered a Dollar
Cost Averaging (DCA) ranging zone, presenting an opportunity for
buying more xRP. Related Reading: Crypto Acceptance Grows As
Fidelity Joins Race For A Spot Ethereum ETF There’s no guarantee
that XRP will reach $10 or even come close, but Ripple’s progress
with various financial institutions and payment providers fuels
optimism about XRP’s future value over the next decade. Featured
image from Pixabay
Ripple (COIN:XRPUSD)
過去 株価チャート
から 6 2024 まで 7 2024
Ripple (COIN:XRPUSD)
過去 株価チャート
から 7 2023 まで 7 2024