XRP has been a subject of intense speculation and price predictions because many in the crypto market expect it to perform spectacularly in the next bull run.
A notable figure in the crypto industry recently called XRP the standard for the next bull run, and Changelly, a leading cryptocurrency exchange has thrown its hat into the XRP prediction race.
However, the analysts at Changelly went beyond the next bull run with these predictions. Changelly recently updated its long-term forecast for XRP, offering a glimpse into its potential trajectory over the next decade.
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Positive Signals for the Near Future
XRP is currently trading at $0.619, up 1.28% in 24 hours. The revised forecast paints a bullish picture for the immediate future. The end of 2023 could see XRP reach as high as $0.798.
XRP has not reached this price since July, and this will be a wonderful way to end the year for the XRP army. However, the predicted average price is $0.704, and a bearish scenario will put XRP at $0.61.
However, 2024 has a wide price range with no significant increase for XRP and a potential dip. Changelly sees a potential range of $0.362-$0.577, with an average price hovering around $0.469.
This price is a significant dip and XRP will have to maintain its maximum price so investors don’t lose hope. This prediction is unusual because of the surges expected after the Bitcoin halving next year.
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Gradual but Consistent Ascent
The analysts predict a significant step up in 2025, with XRP expected to trade between $1.33 and $1.65, averaging around $1.37. The upward trend continues in 2026, with a projected range of $2.04-$2.38 and an average of $2.11. By 2027, analysts see a further climb, with XRP potentially reaching a high of $3.61 and an average of $3.00.
The latter half of the decade paints an even brighter picture. 2028 could see XRP hit $5.10 at its peak, with an average price of $4.63 and a minimum of $4.48, obliterating its all-time high of $3.84. 2029 brings a potential range of $6.60-$7.99 and an average of $6.79.
Double-Digit Horizons
2030 could see XRP reach double digits if it trades at the maximum price of $11.49. All predicted prices from 2031 are double-digit prices, with a maximum of $16.61.
The decade culminates in 2032, with analysts predicting a potential peak of $23.53 and an average of $20.42. However, some analysts believe XRP can reach $27 sooner.
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