Market analyst XRP Shark projects a possible timeline for XRP to reach a price range of $20 to $33 amid current market conditions.
He presented this forecast following a previous analysis of XRP’s price movements. At the time, XRP traded for $0.44154, having collapsed 5.45% during the week. An accompanying chart showed that XRP’s price had traversed significant highs and lows, mirroring broader market trends.
XRP Price Movements
Data confirms that XRP faced resistance at $0.94303 (0.618 retracement level) and found support at $0.45209 (0.236 retracement level). Additionally, a volume profile visible range (VPVR) indicated robust trading activity around $0.35 to $0.45. This marked an important accumulation zone for XRP.
This range has been a battleground where buyers and sellers have actively engaged, impacting XRP’s price stability. The level was especially crucial amid XRP’s latest battles with the bears, with XRP recently finding support at $0.43 on Aug. 5. This helped the asset avoid lower lows during the market downturn.
Meanwhile, upon sharing the chart last month, XRP Shark noted that the market was close to the end of a long waiting period. He mentioned that the market would trigger his next buy orders if XRP drops by another two cents.
In a conversation that followed, a market participant commended XRP Shark for his accurate calls and patience. He inquired about the potential long-term price targets for XRP once the current low forms.
Timeline for XRP to Reach $20 to $33
XRP Shark responded that he expects XRP to reach the $20 to $33 level as possible targets. According to him, this price range could materialize toward the end of 2025 or the start of 2026. Crypto commentator Armando Pantoja also predicted last month that XRP could be heading toward $20.
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Following XRP Shark’s timeline projection for this price target, another market participant called attention to a previous forecast from the analyst in July 2021. In this prediction, XRP Shark projected minimum targets of $26 to $27 for XRP, with the possibility of soaring to $96 to $240 if the SEC lawsuit concludes favorably and XRP’s utility expands.
Although the reminder sought to mock the analyst for what seemed to be a change in stance, XRP Shark reaffirmed his targets. He emphasized that while higher targets are conceivable if utility drives demand, the $20 to $33 range is a realistic expectation for the next major price surge.
Currently, XRP is battling to recover the losses it incurred from July 31 to Aug. 5. A recovery push began on Aug. 6 following a 3.5% intraday increase, but this campaign has halted at press time. XRP now changes hands at $0.5028, struggling to retain the $0.50 support level
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
XRP Shark responded that he expects XRP to reach the $20 to $33 level as possible targets. According to him, this price range could materialize toward the end of 2025 or the start of 2026.
XRP's potential price ceiling is a subject of much debate among analysts and investors. While some optimistic predictions suggest XRP could reach triple-digit values, a more realistic outlook based on current market trends and Ripple's use case points to a maximum XRP prices range of $5 to $10 in the next 5-10 years.
Our timeline analysis suggests that XRP will exceed $0.66 by the end of 2024. If materialized, it will qualify as a secular breakout; this bullish scenario will confirm our long term XRP price forecast of $9 to $10 to be hit by 2026.
If they IPO and time it right, could be up to $35 imo. At the heart of Armstrongs projection is his belief in the long-term growth potential of XRP, with the projected price of $15 signifying a whopping 1,720% increase from its current price.
XRP Will “Easily Surpass” $100 if Bitcoin Hits $1.5M
“XRP is going to be a multi-trillion-dollar asset,” he noted. Currently, XRP is valued at $0.5734, and reaching $100 would require extraordinary growth of 17,339% from current levels.
There are several factors on which one can make an assumption regarding whether ripple will reach the price of $50 or not. However, in general terms, it's highly unlikely for Ripple to reach this level because its market cap isn't that high, and isn't likely to reach higher levels in the next five years.
Experts predict significant growth of the XRP price by the end of 2024, reaching $0.75–$0.86. Most XRP price forecasts suggest growth to $1 by mid-2025, reflecting a bullish outlook. Price predictions for 2026 to 2030 are mixed. Expected prices for 2026 range from $0.85 to $2.27.
Theoretically, XRP might reach new heights in 10 years if the Ripple business performs well. Most experts agree that Ripple's price can rise to the $250 range–$3 in ten years based on current predictions. According to Ripple Coin News, the price of Ripple might reach $30 in ten years.
Beyond the legal realm, the general state of the cryptocurrency market can significantly impact XRP. Drozdz notes: “A large-scale upswing in the crypto world could be a boon for XRP. If other cryptocurrencies rise, XRP could well ride the wave.”
No, it is extremely unlikely Ripple XRP will reach $1,000. This is because its total circulation is less than 100 billion, which means it would need to have a market cap of $100 trillion for XRP to hit a price of $1,000.
XRP has shown very strong potential lately, and this could be a good opportunity to dig right in and invest. During the last month, the price of XRP has increased by 0.56%, adding a colossal average amount of $0.0030 to its current value.
In an XRP price chart shared on social media by the analyst, the current price movement indicates that XRP surging to $200 is very possible. Although the analyst didn't give a timeframe of when this would happen, XRP's journey to the $200 level would mean a surge of over 34,000% from the current price level.
Theoretically, XRP might reach new heights in 10 years if the Ripple business performs well. Most experts agree that Ripple's price can rise to the $250 range–$3 in ten years based on current predictions. According to Ripple Coin News, the price of Ripple might reach $30 in ten years.
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