XRP Price Daily Insights: CoinGecko Cryptocurrency Prices (2024)

FAQs

What is the trend in XRP stocks? ›

XRP price has risen by 2.88% over the last week, its month performance shows a −2.92% decrease, and as for the last year, XRP has increased by 15.96%. See more dynamics on XRP price chart. Keep track of coins' changes with our Crypto Coins Heatmap.

Ripple (XRP) price history

2012: XRP is established and enters the market at 1 cent (USD). September 2013: one XRP is worth 0.014 dollars, the highest since its launch. January 1st, 2017: XRP is off to a turbulent start with a price of 0.006 dollars.

XRP is one of the largest digital currencies in the world. Currently the largest of any crypto project by market capitalization, the XRP cryptocurrency boasts a total market value of $26.73 billion at time of writing.

XRP Price is at a current level of 0.5410, up from 0.5396 yesterday and up from 0.4744 one year ago. This is a change of 0.26% from yesterday and 14.04% from one year ago.

If the dispute with the SEC reaches a favorable final conclusion, it's reasonable to anticipate that investor interest in XRP could spike. This would likely fuel new growth and potentially lead to an uptick in its price.

Breaking Down XRP's Price Potential: $2 Target in Sight

A 350% increase from XRP's recent low would put it at around $2 per coin. This price target aligns with both technical analysis and fundamental factors, such as Grayscale's involvement and the potential for increased institutional interest.

Techopedia also sees potential for growth, estimating XRP could reach a maximum of $9 by 2030, potentially becoming a bridge currency due to its near-zero settlement times and the rise of central bank digital currencies.

Bullish Long-Term Price Prediction for XRP

This prediction is based on the overall positive sentiment surrounding XRP in the long term. Analysts at Changelly have set a minimum price target for XRP by 2030 at approximately $5.21, with a potential maximum peak of around $6.31.

XRP is pre-mined and has a total supply of 100 billion tokens. XRP is more cost-effective, has faster transaction times, and is less energy-intensive than Bitcoin. XRP, the cryptocurrency, is used but not owned by Ripple, the cryptocurrency services company.

Which coin is best to buy now? ›

The all-time high of XRP is $3.84. This all-time high is highest price paid for XRP since it was launched.

Is XRP Backed by Gold? XRP is an open-source token issued by the XRP Ledger Foundation. It is not backed by any assets but has a market value that depends on market sentiments for value.

Ripple: Descending Triangle

A descending triangle denotes a bullish chart signal that can be used to signal a next move up once price breaks above resistance. There is a chance of a bullish continuation to 0.622 on impulse above 0.622.