XRP (Ripple) price predictions vary based on technical and fundamental analysis, as well as market developments. Here is a look at the near-term and long-term forecasts:
Nearby forecast (coming weeks and months):
1. Current momentum:
After the recent surge to $2.46, the coin may face a slight correction due to profit-taking in the near term.
The next major resistance levels are located between $2.50 and $3.00, while the main support levels are located around $2.00.
2. Influencing factors:
Increased activity on the XRP Ledger network.
Continuing partnerships with financial institutions to support the use of the currency as a global means of payment.
Legal developments related to Ripple's case with the US Securities and Exchange Commission (SEC) could lead to significant price volatility.
Long-term forecast (1-5 years):
1. Optimism:
If Ripple can expand its uses in global payments, the price could reach $5-10 in the coming years.
Increased adoption of the currency by banks and institutions could support its market value.
2. Challenges:
Continuing regulatory issues or the emergence of strong competitors may limit price growth.
Some analysts believe that the future price ceiling may remain below $10 due to the concentration of ownership of the coins in the hands of a few parties.
Technical forecast (from some analysts):
Some analysts expect a test of levels between $4 and $5 during 2025 if the current upward trend continues.
In the long term (2030 and beyond), the price may reach $15-20 in case of a significant expansion in the uses of the XRP Ledger blockchain technology globally.
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