Crypto analyst JackTheRippler has raised the possibility of the XRP price rising to $100 soon enough. As part of his prediction, he mentioned what needs to happen for the crypto token to attain such ambitious heights.
How XRP Price Could Rise To $100
JackTheRippler suggested in an X(formerly Twitter) post that the XRP price hitting $100 was “inevitable” once the case between the Securities and Exchange Commission (SEC) and Ripple came to an end. Furthermore, he predicted that XRP could rise to as high as $10,000, claiming that the crypto token hitting five figures was achievable after the lawsuit.
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The analyst’s remarks again highlight the belief among members of the XRP community that the SEC’s lawsuit against Ripple has greatly hindered XRP’s growth. Specifically, the lawsuit is believed to be why XRP underperformed in the 2021 bull run, having made remarkable strides in the 2017 bull run (long before the lawsuit was instituted).
Meanwhile, in his remarks, JackTheRippler alluded to XRP gaining regulatory clarity once the case between the SEC and Ripple was over. This statement caught the attention of some of his followers, who pointed out that it had gotten clarity following Judge Analisa Torres’ ruling that XRP isn’t a security.
Interestingly, XRP has failed to mount any significant run despite gaining this clarity last year. This is one reason why some XRP holders seem to have lost faith in the crypto token, as expectations were high following Judge Torres’ ruling. However, nothing much happened as the crypto token briefly rose on the back of the ruling but steadily declined in the following weeks.
Therefore, these holders will likely be cautious about getting their hopes high despite JackTheRippler’s optimism since XRP could still maintain its unimpressive price action even after the SEC’s lawsuit is over.
The SEC’s Lawsuit May Not Be Ending Anytime Soon
Meanwhile, it is worth noting that the case between the SEC and Ripple could even drag on beyond this year, irrespective of the outcome of the penalties stage, as both parties are likely to appeal certain rulings. This means that XRP holders might have to wait a while to see if the crypto token hits $100 based on JackTheRippler’s prediction.
If the case is prolonged beyond this year, XRP could miss out on achieving its true potential in this bull run if the lawsuit is indeed acting as a stumbling block to its progress. The lawsuit has, however, not stopped crypto analysts like Egrag Crypto from making bullish predictions for XRP in this bull run. He predicts the crypto token could rise to as high as $27 at this market peak.
At the time of writing, XRP is trading at around $0.54, up over 2% in the last 24 hours, according to data from CoinMarketCap.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
FAQs
Can XRP reach $100? The short answer is YES, XRP can reach $100. And it can go as high as $870.
What is a realistic XRP price prediction? ›
Our real-time XRP to USD price update shows the current Ripple price as $0.576902 USD. Our most recent Ripple price forecast indicates that its value will increase by 30.35% and reach $0.751968 by July 20, 2024.
How much will XRP be worth in 2025 after lawsuit? ›
XRP could reach $17 by 2025 per analyst, SEC vs. Ripple lawsuit ruling awaited. Ripple could see the end of its lawsuit with the Securities and Exchange Commission soon, per recent reports. An analyst predicts XRP rally to $17 through the Bent Fork chart, a bullish thesis for the altcoin.
Will XRP skyrocket? ›
Analyst Armando Pantoja has suggested that XRP might experience a significant surge to $20. Currently trading at around $0.44, down from its yearly peak of $0.7449, XRP's future appears promising based on several technical factors: Support Levels: Strong support is identified between $0.40 and $0.50.
How high can XRP go realistically? ›
With most XRP future Ripple price predictions however, It's generally expected that Ripple should be worth more in 2024 than it is now, with some pundits suggesting that it could be worth as high as a maximum price of $4. Some are a little bit more modest, expecting closer to $1.
Can XRP hit $1000 usd? ›
Given current market trends and Ripple's price history, reaching $1,000 would require significant and sustained growth, which may take many years, if it ever happens. Most analysts consider such a high target extremely optimistic under present conditions.
Can XRP reach $50? ›
While it's theoretically possible for XRP to reach this price, it would require substantial market shifts or a major supply reduction.
Can XRP reach $20? ›
The Path to A Double-Digit Price
He believes the asset's true value lies between $8 and $20 and predicts it will reach this range by 2026.
What could XRP be worth in 5 years? ›
According to XRP's predictive model, XRP price is expected to move beween $0.42 and $0.50 in August 2024. This will allow XRP to rise to $0.91 later in 2024 and eventually $1.44 in 2025.
Will XRP coin reach $1? ›
All things considered, Ripple's path to $1 by 2025 is based on solid developments and strategic growth. Investors should keep a close eye on this undervalued cryptocurrency. Don't be afraid to add a few Ripple tokens to your crypto portfolio at today's bargain-bin price.
Top 10 Cryptos in 2024
| Coin | Market Capitalization | Current Price |
|---|
| Tron (TRX) | $11 billion | $0.1359 |
| Polkadot (DOT) | $8.3 billion | $5.83 |
| Cosmos (ATOM) | $2.3 billion | $5.94 |
| Maker (MKR) | $2.2 billion | $2389 |
6 more rowsJul 12, 2024
CRYPTO: XRP
After a painful down year in 2022, the cryptocurrency market is back in investors' good graces, as its valuation currently sits at $2.3 trillion (as of May 16). That's up considerably from about $800 billion at the start of 2023. Even with the benefit of the bull run, Ripple (XRP 2.45%) hasn't gained much.
Will Ripple ever reach $100? ›
🚀🔥Will XRP reach $100? It is completely absurd to think xrp will ever reach that price. Currently, the trading price of xrp is $0.51 with MC of $27.67B. Probably, the price of xrp might reach $4-$7 or $10 during the bull run.
Why will XRP reach $10,000? ›
The short answer is that Ripple will never reach $10,000 or a price even close to this level. The reason for this is that the supply of XRP is simply too large for the coin to reach $10,000 in any realistic scenario.
Is there potential in XRP? ›
XRP Price Predictions: XRP price predictions suggest it could trade between $1.4 and $1.6 in 2024, with long-term forecasts projecting potential growth to $3 by 2026 and as high as $10.8 by 2030, indicating a strong positive outlook over the coming years.
Can XRP make me a millionaire? ›
But for XRP to turn a $10,000 investment into over $1 million, it would need to generate a 100-bagger gain.
How much will 1 XRP be worth in 2030? ›
Ripple (XRP) Price Prediction Table
| Year | Average Price* | Percent Increase |
|---|
| 2028 | $4.10 | 41.38% |
| 2029 | $6.31 | 53.90% |
| 2030 | $9.17 | 45.32% |
| 2031 | $12.94 | 41.11% |
7 more rowsThe bottom line: $10,000 is a completely unrealistic price target, but XRP could still grow. It's pretty clear that XRP will never reach a price of $10,000, as the coin's market capitalization would be unrealistically large at that price.
