XRP Price Prediction 2022-2031 [After Lawsuit]: Who’s Swimming Naked?

XRP Price Prediction 2022-2031

• XRP Price Prediction 2022 -up to $0.56
• XRP Price Prediction 2025 -up to $1.91
• XRP Price Prediction 2028 -up to $6.18
• XRP Price Prediction 2031 -up to $17.58

Is this vindication for XRP, the “impostor coin”?

Honored to be listed in the @CBinsights #Fintech250 again this year, alongside companies with a similar objective: to shape the future of fintech. https://t.co/nhtVKKaocq pic.twitter.com/YzEVvW6253

— Ripple (@Ripple) October 4, 2022

CoinMarketCap’s tweet that Ripple’s XRP was not a true cryptocurrency, but an impostor did not go down well with many observers, particularly the Ripple community. CMC had to delete the controversial tweet eventually. But the tweet had been up long enough for responses from members of the XRP community. So, our XRP Price Prediction holds true with the back up of its community.

Ripple is already grappling with its unending suit with the SEC and putting XRP in the spotlight as an “impostor” does not help their situation, especially when the market is jittery with falling prices and restrictions by exchanges. While the contentious post has since been removed, it was enough to have the crypto Twitter community discuss each game’s assets.

Today’s XRP price is $0.516201 USD with a 24-hour trading volume of $1,805,731,930. XRP is down 0.62% in the last 24 hours. The current CoinMarketCap ranking is #6, with a live market cap of $25,737,028,818 USD. It has a circulating supply of 49,858,575,704 XRP coins and a max. supply of 100,000,000,000 XRP coins.

As with a good man, you cannot keep putting a good coin down. That’s saying a downturn exposes those who had been taking on excessive risk when times were good. The below quote reflects XRP in the good times and the bad.

It’s only when the tide goes out that you know who’s been swimming naked.

Warren Buffett

Also Read:

• XRP Wallet: Should You Get One?
• How And Where To Buy XRP: Is It Legit?
• Is XRP Rising Like a Phoenix?
• Ripple price analysis: XRP spikes to $0.519 after a strong bullish trend
• With XRP on the rise, is the SEC vs. Ripple on the road to settlement?
• Ripple vs SEC: Guidelines and Clarifications

Speculations…

Could it be because Elon Musk has now joined Ripple and charged straight into the United States Securities and Exchange Commission (SEC)? Elon Musk believes SEC is attempting to regulate cryptocurrencies and that it has crossed its jurisdiction and needs to be stopped.

A notable development as a turnkey solution for financial institutions, Ripple Liquidity Hub will leverage smart order routing to source digital assets at optimized prices from market makers, exchanges, and OTC desks.  As a crypto liquidity platform built for the enterprise, it will unleash the potential to access deep liquidity within markets, accelerating the shift to crypto.

Ripple Liquidity Hub will initially support BTC, ETH, LTC, ETC, BCH, and XRP (availability will vary by geography), with plans to add additional digital assets over time. Ripple plans to add functionality such as staking and yield-generating functionalities in the future.

What’s XRP?

In the world of cryptocurrencies, XRP is quite different. It is decentralized, but not as much as Bitcoin, Ethereum, and the like. Unlike them, it doesn’t seek to be an alternative to the traditional banking system but rather to collaborate and improve the conventional banking system. Nonetheless, it is a cryptocurrency that could outlast others due to its many distinctive features and landmark developments.

The top cryptocurrency exchanges for XRP stock are Binance, Mandala Exchange, OKEx, CoinTiger, and FTX. 

The XRP price has been consolidating in a sideways channel since the crypto market crash in May 2021. The price has been consolidating between $0.56 and $1.39.  The trend is currently neutral; however, it might retest the 0.618 Fibonacci level around $0.89 before moving to the upside. The Stochastic RSI for the daily time frame is also at the bottom (18), thus there is a huge potential to the upside as far as there is no negative news in the crypto space.

Also, there is a flat volume. This indicates that the supply from sellers and the demand from buyers are in equilibrium.

SEC vs. Ripple: XRP Price Prediction After Lawsuit

The lawsuit against Ripple has significantly hindered the price surge during this bull market. Even though the Securities and Exchange Commission (SEC) does not consider Ethereum and Bitcoin, which have similar characteristics as XRP, to be securities, the SEC has continued to be harsh towards  Ripple Labs, Inc.

The XRP price fell by 70% immediately after the suit was filed and has never been able to break its previous all-time high of $3. XRP holders have been affected as major crypto exchanges like Coinbase and Crypto.com suspended trading, so they couldn’t cash out. JP Morgan’s North America Equity Research also published a report earlier this month stating that the XRP asset is poised for significant adoption.

SEC vs. Ripple Case will ‘likely’ end in 2022, says Ripple CEO

The CEO stated during his interview on CNBC that the lawsuit with the Securities and Exchange Commission (SEC) is nearing its end. Brad Garlinghouse believes that the judges have realized that the case has broader implications than XRP and they are beginning to ask good questions. XRP holders also filed “friends of the court” briefs to allow them to join the case as defendants to support Ripple. However, the judge ruled that individual XRP holders cannot act as defendants in the ongoing lawsuit.

Keep updated with this unfolding data of SEC versus Ripple which could topple the market if the predictions go south.

XRP Distinctive Features

Ripple has been in existence for a while. It was created in 2004 as RipplePay, but the case of its innovation came too early for its time, as it made no significant mark then. However, it returned in 2012 as Ripple and launched the XRP token soon after. Ripple XRP is unlike any other cryptocurrency. XRP is a product of Ripple Labs, and it differs on many levels, and this includes:

Ripple is not blockchain-based

Unlike most of the cryptocurrencies in existence, the coin does not operate on blockchain technology. Instead, it is based on the Ripple Protocol Technology, which means it has no use for a distributed ledger database. This uses gateways linked to servers of the company in multiple countries of the world to verify and process transactions.

XRP cannot be mined

While the mining process is considered an integral part of all tokens, it is not the same for XRP. The limit for XRP coins is set at 100 billion coins created by the company. Over 35% of that coin has been released into the market. The rest is held by the company that releases it periodically to control the supply and circulation of the token. The cryptocurrency is a deflationary one as the number of coins in the market reduces with each transaction.

Ripple network is centralized

This virtual asset is centralized, and its parent company, Ripple Lab, strives to create partnerships with traditional financial institutions like banks. The company sells its RippleNet technology to these institutions, thereby increasing the popularity of its native token, Ripple XRP. RippleNet technology is a system that connects banks and facilitates cross-border payments and settlements.

Due to the differences between Ripple XRP and other cryptocurrencies, it also has some advantages. Some of them are:

Fast transaction speed

This is one of the most significant selling points of Ripple technology. The swiftness of transactions surpasses other cryptocurrencies and beats that of SWIFT wire transfer, the commonly used system in traditional banking. This makes it a better alternative for banks to facilitate cross-border payments as its XRP transactions are exceedingly fast. The ripple transaction protocol is quite efficient too.

Low cost

Traditional banking system transactions and that of some cryptocurrencies tend to incur hefty transaction fees. But with digital currency, this fee is drastically reduced to a pittance.

Reversibility of transactions

Another positive for it is that the transaction can be reversed or edited to deal with an error if there is one.

All these features have enabled the Ripple network to gain significant partnerships among traditional financial institutions. And it has also influenced the growth in value of Ripple XRP over the years.

Growth in South Pacific

It is a fact that the recent partnership of Ripple with the Japanese payment giant SBI has brought the attention of various technical corporations across the South Pacific region, and it is expected that the entire region will see an expansion and adoption of Ripple tech.

It has been said that the Ripple remittance deal is setting the stage for the much broader adoption of Ripple. The lawsuit on Ripple about its security doesn’t seem to bother Japanese regulators or SBI officials.

XRP Price History

For years after its creation, the coin value was so inconsequential that it was almost worthless. Before 2017, the value of the asset hovered around $0.01, but this soon changed as the token began to gain wider coverage, and it also leveraged on the bull run of the crypto industry in that year. By April 2017, XRP rose to $0.05; the gradual climb soon continued as it reached $0.25 in May.

After this, there was no going back for the asset, as it had snared the attention of crypto enthusiasts who saw the value it created and the potential it had. The value of the asset rose all through 2017 and into the early period of 2018, where it got to an all-time high of $3.84.

But this was soon followed by a massive drop in value that affected every other cryptocurrency, too; many had labeled the incredible run of the industry as just a bubble, and like every bubble, it was going to burst. This was panned out in the case of the 2017 crypto industry bull run.

All-time Price of XRP by coinmarketcap

Towards the end of 2019, its price stabilized at around $0.30 and did not cross the $0.5 mark throughout the year. This means that Ripple XRP hasn’t been able to build on its old glory since then, as its value never got to as high as even a dollar. 

However, the bullish run of 2020 that was ignited towards the end of the year helped the asset’s value to ascend. The token’s value got to as high as $0.8 before finishing the year at $0.66. Early 2021 was supposed to continue the rise in XRP value, but that could not happen due to the SEC’s announcement of a lawsuit.

Upon the announcement, some exchanges delisted XRP from their platform. Many of those holding the token also sold in panic. This led to the value of XRP plummeting to as low as $0.166. However, it has picked up again, going as high as $0.755. Ripple at present is trading between $1.11.

Looking at this overview, it is easy to see the high volatility of XRP in the past few months, which makes it difficult to have a Ripple forecast. But the volatility has not stopped analysts from making XRP predictions based on trends. It only means that these forecasts can change at the slightest notice. However, they still give a rough estimate of what to expect from them.

Ripple Price Action

Given how past developments or even announcements have led to an increase in the value of XRP, the currency might reach $2. This will happen if the actions of Ripple technology lead to a partnership with more financial institutions.

In the past, XRP’s popularity and, by extension, its increase in value has been heavily influenced by the partnership with these traditional institutions. More partnership will mean more adoption, which invariably means higher value.

However, it is not so simple for XRP. The SEC lawsuit complicates the whole issue even further. Before the SEC filed the case, the outlook for XRP was positive, even if it did not make many optimistic. But the lawsuit cuts its breakout short and makes a Ripple price prediction trajectory more challenging, unlike other digital currencies.

Considering how difficult it is to predict a digital asset accurately, it is even more difficult for XRP. After the lawsuit, more traders are acting bearish with the XRP cryptocurrency, raising fears that it could drop to below 10 cents. However, the price pump by retail investors and traders has allowed it to pick up again.

According to Coinpedia, even with the lawsuit hanging over its head, Ripple XRP will trade at an average of $20 in the next five years.

Thus, the highest projected price for the year is $2, while it could also go as a minimum price prediction is $0.561 if the SEC lawsuit is not settled in favor of Ripple.

Is XRP a security?

Specifically, the SEC claims that XRP is a security whose offer and sale can be made only pursuant to a statutory prospectus and an effective registration statement and that because Ripple did not file a registration statement its investors have a rescission right.

“Cryptocurrency” means “a digital asset implemented using cryptographic techniques designed to work as a medium of exchange.” As important as that definition is, more critical is what “cryptocurrency” is not—it is neither a security nor a commodity, both of which are separately defined.

The Responsible Financial Innovation Act introduced on Jun 7, 2022 includes a comprehensive regulatory framework for digital assets and seeks to provide clarity in how digital assets, such as cryptocurrencies, are treated under US securities law. The lynchpin of the bill is the codification of the US Supreme Court’s decades-old standard for determining when a financial offering is a “security,” i.e., the Howey test.

If cryptocurrency is a “security,” then crypto-companies issuing them must comply with Securities and Exchange Commission rules for registration and reporting—failure to do so can lead to significant penalties, such as the $100 million SEC fine. issued by the SEC in 2021.

However, many in the industry believe that cryptocurrencies act more like commodities than securities and would prefer them to be treated as such, subject to the Commodity Futures Trading Commission’s rules. The “security” vs. “commodity” debate has many practical implications for the cryptocurrency industry and consumers and is already heating up in Washington.

Those thinking about policy in the digital asset, cryptocurrency, and web3 industries would be well served to understand the rules that public officials already are subject to when handling digital assets of their own. See the discussion here.

XRP Technical Analysis

The Ripple coin price was in a bearish trend between April and September after which it gained momentum upward. The MACD histogram indicates increasing XRP price momentum to the upside; the MACD line is moving along the signal line, suggesting a period of uncertainty in the short term. The William alligator trend lines suggest the Ripple value will continue upward. The 14-day reactive strength index shows XRP is in the overbought territory- there is a sign of a price reversal and plenty of room for downward price movement.

XRP Price Predictions by Cryptopolitan

XRP Price Prediction 2022

XRP coin’s price prediction for 2022 is a maximum price of $0.56 with a minimum price of $0.51. The average token price is predicted to be $0.54 by December 2022. 

You may have noticed some correlation between the XRP price action and the SEC-Ripple lawsuit; XRP delivered shifting price dynamics as the lawsuit fell in Ripple’s favor.

The final ruling is expected soon, given that the legal battle is at its tail end. So far, the case has favored Ripple Labs, mainly because the SEC did not have a watertight argument to win the case. 

XRP Price Prediction 2023

Our XRP price prediction for 2023 could be a maximum price of $0.9. The minimum price is $0.76, and the average trading price of the coin is predicted to be $0.78. 

Individuals will use XRP as a more accessible alternative to traditional banking and move different currencies worldwide.

XRP Price Prediction 2024 

Our XRP price prediction for 2024 is a maximum price of $1.34. XRP’s minimum price is predicted to be $1.07 and an average price of $1.11. 

XRP will provide developers with a robust open-source ledger to build powerful applications without hurting the environment.

XRP Price Prediction 2025

Our Ripple price prediction for 2025 is a maximum price of $1.91. The coin’s lowest price is expected to be $1.57, and the average trading price of the coin is $1.63. The influx of manageability features through the DAO with other powerful ad campaigns can boost XRP.

XRP Price Prediction 2026

Our XRP price prediction for 2026 is a maximum of $2.70. The minimum price is $2.29, while its average trading price is expected to be $2.37. The growth will be enabled by the continuous growth of the Ripple tokens, XRP network, and ecosystem.

XRP Price Prediction 2027

Our XRP price prediction for 2027 is a maximum price of $4.08, with a minimum price of $3.53. We also expect the coin’s average trading price to be $3.65.

XRP Price Prediction 2028

Our XRP price prediction for 2028 is a maximum price of $6.18. The minimum price is expected to be $5.10 while the average trading price of the coin is forecasted to be $5.25.

XRP Price Prediction 2029

Our Ripple price prediction for 2029 is a maximum price of $8.88 with an average trading price of $7.55. The coin is expected to have the lowest price at $7.34.

XRP Price Prediction 2030

Our Ripple price prediction for 2030 is a maximum price of $12.66. The lowest price of the coin is $10.18. The average trading price of the coin is expected to be $10.56. 2030 could bring a considerable general price hike in the crypto market’s value.

XRP Price Prediction 2031

XRP’s price prediction for 2031 is a maximum trading price of $17.58, with an average trading price of $15.19. The minimum price of the coin is expected to be $14.77. 

XRP Price Prediction by Wallet Investor

Wallet Investor uses Artificial intelligence (AI) and machine learning to provide Ripple price forecasts. The AI indicates XRP’s past performance index rating as C. It adds that XRP would make a Good one-year investment. The expected average price is $0.6084. XRP’s value will rise from the current price to $0.6091 in two weeks. XRP’s return on investment (ROI) will be 17.2% in 2023. In 2024 the ROI will be 51.8%; in 2025, it will be 82.4%; in 2026, it will be 113.1%. According to the analysis, the Ripple bearish trend continues over the entire period.

XRP Price Prediction by TradingBeasts

The site uses linear and polynomial regressions on past data to provide a Ripple price forecast. Ripple’s price will rise to $0.6767245 in November. It will then trade sideways for the end of the year.

In December, XRP will be selling at $0.6749603. Their XRP price forecasts for 2023 are $0.6732582 in January and $0.6716318 in December; in 2024, XRP will trade at an average price of $0.6737930 in January and $0.7289703 in December. In 2025, XRP will trade at an average price of $0.7368005 in January and $0.6633169 in December.

XRP Price Prediction by Digital Coin Price

XRP cryptocurrency performed well in January and April but dipped in subsequent months. XRP’s price will go up to $0.66 in November. It will continue trading sideways, reaching $0.64 in December. XRP will be on a bullish trend from 2022 to 2031, the maximum XRP price for the period will be $10. In 2023 it will trade at a mean price of $1.18. It will reach a maximum price of $1.25 and a minimum of $1.11. In 2025 it will trade at a mean price of $2.16. It will reach a maximum price of $2.27 and a minimum of $1.99. In 2030 it will trade at a mean price of $7.26. It will reach a maximum price of $7.37 and a minimum of $7.14.

XRP Price Predictions by Industry Influencers

Ayman Muufleh Youtube channel’s latest update on XRP suggests that the coin has potential despite dropping sharply from its all-time high. The presenter predicts a 222 times ROI in the next bull run.  He further mentions the current bear market as an opportunity to buy cheap.

The presenter also highlights Matt Hamilton’s ( a former XRP executive) sentiment on XRP’s bullish price prediction. 

At 222X, XRP will be selling at $100, the comments that Bitcoin has made remarkable returns, so it’s possible for XRP to achieve the same.

XRP To $100 Says Ex-Ripple Executive 🚨 222X XRP Price Prediction!!! – YouTube

Late Night Grind youtube presenter Randy predicts a 100 times gain if Ripple wins its case against the SEC. The courts are expected to give a ruling in March 2023. 

Coins Kid analyzes XRP’s recent price movements and provides a technical analysis.

According to Matthew Harry, a top official at DigitalX Asset Management, XRP could reach the $5 mark, provided it scales through its case with the SEC. He also added that Ripple XRP’s future value would be considered speculative. 

The XRP token is worthless for anything other than speculation. The underlying technology is terrific, but the token itself does not currently have a use; it simply attracts speculators as it is cheap and an easily digestible value prop – none of which is born out in the token.

Matthew Henry

Carol Alexander, a University of Sussex finance professor, confidently predicts a market price of $2.50 for the near future if the token conquers the struggle with the SEC.

It is not like any other crypto. If it wins vs. SEC, it really will start to replace SWIFT.

Carol Alexander

Conclusion

XRP is the fuel of the Ripple network. The network has enjoyed extensive partnerships with firms like Bank of America, securing a spot in the corporate financial world.  Despite the fast growth, the suit between the SEC and Ripple is yet to be determined following its dubious initial coin offering. Emerging as XRP in 2012, the native currency of the Ripple network has made it to #7 of the top cryptocurrencies. Observers credit its popularity to the following:

• XRP is far cheaper than most of the other cryptocurrencies in the overall crypto market at its current rate. This makes it accessible and easy to buy for many investors and suitable for mass adoption and informational purposes.

• The benefits it offers, such as the speed of transactions and low charges, would make it look like a good investment with more potential for institutional backing and developments.

• Ripple is rapidly gaining popularity and has multiple feature updates on its roadmap. An initial deep dive into the innovation of this network provides some relatively compelling reasons to own the XRP token right now.

• It is relatively easy and straightforward to buy on all these platforms as they allow you to buy with USD, EUR, and even BTC. All you need is to have an account on the platforms, and you are good to go. You can link your credit or debit card. Wire transfer is usually available on these cryptocurrency exchanges too.

• The coin also enjoys listing on top-tier crypto exchanges like Binance, Huobi global, Gate.io, and Crypto.com. XRP has a bright future and is a solid investment. 

The forecasts for XRP vary widely depending on the analysis and period. However, most of them have two things in common – volatility and a moderately optimistic outlook.

The XRP forecast shows that crypto coins will hit an all-time high (ATH) in 2027. Negative news and market crashes could, however, derail XRP’s performance in the cryptocurrency market.

With its performance correlating with the Bitcoin price, Ripple lost over 60% in the 2022 bear market. Ripple will trade higher as the market recovers. Despite the hype provided by the XRP price predictions, it is important to conduct adequate research before investing in cryptocurrency. Only invest what you can afford to lose.

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