Cryptocurrency exchange Changelly has issued an updated prediction for the XRP price covering almost a decade. The prices in the new predictions are very different from their previous predictions, and this time the predictions include when the XRP price will cross $10.
XRP price will cross $10 by 2030
While members of the XRP community remain very optimistic that the In fact, the crypto exchange expects a lot of growth in the coming years, but double figures seem to be off the table.
The crypto exchange predicts that the XRP price will reach a maximum price of $1.11 in 2024, but still expects it to remain relatively high with a minimum price of around $0.94. Growth is expected to continue in the coming years, reaching as high as $5 by 2028.
Source: Changelly
However, for the XRP price to reach $10, investors would have to wait an additional two years, according to the report. In 2029, it predicts a maximum price of $8.07. And finally, Changelly expects the price to cross the coveted $10 mark by 2030.
From 2030 onwards, the price is expected to no longer fall below $10. On the contrary, it is expected to double in the next two years, reaching $24.95 in the year 2032, which is nine years from now.
XRP trending at $0.596 | Source: XRPUSD on Tradingview.com
I expect a very disappointing 2024
Changelly’s 2024 price forecasts, broken down into the individual months, paint a picture of the coin’s lackluster performance. The high expected for the XRP price is an increase of just 35% from the current price of $0.59 at the time of writing. The highest price is expected to be $0.8.
Changelly’s prediction appears to be a departure from the norm with a number of predictions expecting the XRP price to reach the high prices in the next two years. A crypto analyst known as EGRAG Crypto expects the price of the altcoins to reach $5.5. Interestingly, the analyst expects the price to reach this price in the next two weeks.
Another analyst known as Austin Hilton has also predicted that the XRP price will reach $1.5 once the SEC approves the Spot Bitcoin ETFs. According to Bloomberg analysts, these funds could be approved in January 2024, meaning the XRP price could reach $1.5 within a month.
Featured image from Crypto News Flash, chart from Tradingview.com
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