Categories: CryptocurrencyNews

Projected Timelines For XRP Price To Hit $1.96 and New All-Time High

Although XRP has fluctuated since its all-time high in January 2018, unable to reclaim those levels, predictions regarding its future value remain a topic of discussion.

On its path to reclaim this price, XRP reached two notable milestones: $1.96 in April 2021 and $0.93 in July 2023 following a favorable court ruling in the lawsuit against the U.S. Securities and Exchange Commission (SEC).

XRP’s adoption has increased because of Ripple’s ODL services and growing adoption of the XRP Ledger (XRPL), and many believe these, combined with other factors, can help XRP reclaim these levels.

XRP is trading at $0.6214, up 2.40% over the past 24 hours. Despite a worrying dip to $0.5897 during the day, the digital asset has recovered, regaining the $0.6 level shortly after the dip.

Changelly’s XRP Price Forecast

Changelly, a popular cryptocurrency exchange, offers a specific timeline for XRP’s potential resurgence. According to Changelly, XRP will reclaim the $0.93 level by the end of 2024, as Changelly sets a maximum price of $0.98. This suggests a strong 2024 for XRP, and Changelly expects the digital asset to keep the momentum going into 2025.

For 2025, Changelly predicts a minimum price of $1.14, an average price of $1.17, and a maximum price of $1.34, which will be the first time XRP crosses $1 since November 2021.

The trading platform believes XRP could fall short of that $1.96 target in 2026, with a maximum prediction of $1.94. However, XRP could smash through that target by 2027, as Changelly expects a minimum price of $2.27, an average price of $2.35, and a maximum price of $2.75.

Building on this momentum, Changelly could breach its all-time high of $3.84 in 2028, as Changelly sets a maximum target of $3.99. However, Changelly predicts a minimum price of $3.33 and an average price of $3.45.

If XRP does not reach the predicted maximum price of $3.99 in 2028, we’ll have to wait till 2029 when Changelly predicts a minimum price of $4.89, sending XRP far beyond its all-time high.

XRP’s Future

Although XRP’s future is not set in stone, these forecasts paint a highly optimistic picture. While its current price is far below its all-time high, that could change significantly in just a few years.

Meanwhile, a prominent crypto analyst recently set a timeline for XRP to reach its all-time high, and all signs point to a significant rally for XRP soon.

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Tobi Loba

Tobi Loba is a passionate writer with a vast interest in the stock market. She joined the crypto ecosystem about three years ago and has written lots of ebooks and articles in relation to cryptocurrency and blockchain projects. Tobi Loba earned her degree at the University of Ibadan.