How High Can Ripple Go in 2023? Most Recent XRP Price Predictions
TL;DR
- Analysts predict an uptrend for Ripple’s XRP by the end of 2023, with forecasts ranging from over $0.71 by EGRAG CRYPTO to $0.88 by Dark Defender.
- Some long-term predictions are highly optimistic, like CryptoBull’s $470 target and Shannon Thorp’s $500 forecast, based on substantial market capitalization growth.
- These ambitious forecasts appear unrealistic, especially considering the entire crypto industry’s peak market cap was around $3 trillion in 2021.
XRP’s Short-Term Targets
Ripple’s native token – XRP – has recently consolidated around the $0.60 mark, with numerous cryptocurrency participants wondering whether it could take the offensive by the end of 2023. Some analysts, including the X (Twitter) users EGRAG CRYPTO and Dark Defender, believe that such an uptrend is in the cards.
The former recently presented a chart according to which XRP might finish the year at above $0.71. Nonetheless, the analyst alerted that the asset might drop to $0.55 before reaching that peak.
Dark Defender was a bit more bullish, claiming that Ripple’s coin could reach $0.88 (a 45% increase from the current valuation) at the beginning of December. It is worth mentioning that the analyst have previously forecasted that XRP would jump to $0.67 on November 24: something that remained just a mirage.
Those curious to find out how the token might perform during the remaining quarter of the ongoing year could take a look at our video below:
Some of the Ridiculous Predictions
Other analysts have laid out somewhat absurd XRP forecasts. One such individual is the X user CryptoBull, who set a price tag of $470. In addition, they maintained that the asset would make it “easy” to the $27 mark.
For her part, Shannon Thorp forecasted that XRP could skyrocket to $500 in the following years. Such a price explosion could be possible if the asset’s market capitalization surges to approximately $250 trillion. Recall that the market cap of the entire industry was around $3 trillion at its peak time in 2021, making the prediction highly implausible.
The post How High Can Ripple Go in 2023? Most Recent XRP Price Predictions appeared first on CryptoPotato.
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How High Can Ripple Go in 2023? Most Recent XRP Price Predictions
TL;DR
- Analysts predict an uptrend for Ripple’s XRP by the end of 2023, with forecasts ranging from over $0.71 by EGRAG CRYPTO to $0.88 by Dark Defender.
- Some long-term predictions are highly optimistic, like CryptoBull’s $470 target and Shannon Thorp’s $500 forecast, based on substantial market capitalization growth.
- These ambitious forecasts appear unrealistic, especially considering the entire crypto industry’s peak market cap was around $3 trillion in 2021.
XRP’s Short-Term Targets
Ripple’s native token – XRP – has recently consolidated around the $0.60 mark, with numerous cryptocurrency participants wondering whether it could take the offensive by the end of 2023. Some analysts, including the X (Twitter) users EGRAG CRYPTO and Dark Defender, believe that such an uptrend is in the cards.
The former recently presented a chart according to which XRP might finish the year at above $0.71. Nonetheless, the analyst alerted that the asset might drop to $0.55 before reaching that peak.
Dark Defender was a bit more bullish, claiming that Ripple’s coin could reach $0.88 (a 45% increase from the current valuation) at the beginning of December. It is worth mentioning that the analyst have previously forecasted that XRP would jump to $0.67 on November 24: something that remained just a mirage.
Those curious to find out how the token might perform during the remaining quarter of the ongoing year could take a look at our video below:
Some of the Ridiculous Predictions
Other analysts have laid out somewhat absurd XRP forecasts. One such individual is the X user CryptoBull, who set a price tag of $470. In addition, they maintained that the asset would make it “easy” to the $27 mark.
For her part, Shannon Thorp forecasted that XRP could skyrocket to $500 in the following years. Such a price explosion could be possible if the asset’s market capitalization surges to approximately $250 trillion. Recall that the market cap of the entire industry was around $3 trillion at its peak time in 2021, making the prediction highly implausible.
The post How High Can Ripple Go in 2023? Most Recent XRP Price Predictions appeared first on CryptoPotato.
Read More
Ripple’s XRP Didn’t Make ChatGPT’s Top 5 Altcoin List: Here’s Why