Currencies34188
Market Cap$ 4.11T+2.20%
24h Spot Volume$ 66.33B-35.6%
DominanceBTC57.12%-0.44%ETH11.00%-1.08%
ETH Gas0.25 Gwei
Cryptorank

Ripple: Can XRP Reclaim Its All-Time High of $3.40 in 2024?


by Watcher.Guru
Ripple: Can XRP Reclaim Its All-Time High of $3.40 in 2024?

Over the past few years, Ripple’s XRP coin has faced substantial challenges. Due to the fintech company’s dispute with the US SEC, the asset has performed below average.

The financial watchdog sued the company in December 2020 because it had offered unregistered securities. The two parties settled their legal issue after the US High Court’s recent decision, which caused XRP’s price to rally.

Even though the lawsuit was successfully resolved, Ripple’s XRP coin still has trouble gaining traction. Let us investigate the possibility of the asset recovering its all-time high of $3.40, which it reached in January 2018.

Will XRP Reclaim its All-Time High of $3.40 in 2024?

xrp
Source – CryptoNews

Telegaon’s Predictions for XRP

According to Telegaon researchers, XRP could reclaim its all-time high sometime in 2026, about two years from now. The platform predicts the asset to hit an average price of $3.53 in 2026 and a maximum of $5.18. Reaching $5.18 from current levels would entail a rally of nearly 778%.

Ripple XRP
Source: Telegaon

Also Read: Ripple XRP To Surge By Over 11,000%, Analyst Predicts

Changelly’s Predictions for XRP

Changelly analysts are more bearish on XRP, predicting the asset to hit an all-time high of $3.57 in 2028, about four years from now. The platform does not expect the asset to breach the $5 mark till at least 2029, five years from today.

Source: Changelly

Also Read: Ripple XRP Price If Ethereum Hits $50,000

Factors Influencing XRP’s Price

XRP might hit its all-time high earlier than expected, considering Ripple has resolved its litigation with the SEC. The asset’s price could rise sharply if we have another bull run and the market conditions remain favourable.

One of the most widely used cryptocurrencies for international money transfers is XRP. The litigation settlement could lead to an increase in adoption, which could increase the price.

Read the article at Watcher.Guru

Read More

Key XRP Bullish Indicator Flashes; A 630% Surge in XRP Price Value Could be Witnessed

Key XRP Bullish Indicator Flashes; A 630% Surge in XRP Price Value Could be Witnessed

Ripple’s XRP could be on the verge of kickstarting a long-term bull rally, as a key m...
XRP Price Prediction: Bullish Rebound After $3, BUT CRASH Scenario in Sight

XRP Price Prediction: Bullish Rebound After $3, BUT CRASH Scenario in Sight

XRP just bounced back from the $3 support zone, now trading near $3.20. With Bitcoin ...

Ripple: Can XRP Reclaim Its All-Time High of $3.40 in 2024?


by Watcher.Guru
Ripple: Can XRP Reclaim Its All-Time High of $3.40 in 2024?

Over the past few years, Ripple’s XRP coin has faced substantial challenges. Due to the fintech company’s dispute with the US SEC, the asset has performed below average.

The financial watchdog sued the company in December 2020 because it had offered unregistered securities. The two parties settled their legal issue after the US High Court’s recent decision, which caused XRP’s price to rally.

Even though the lawsuit was successfully resolved, Ripple’s XRP coin still has trouble gaining traction. Let us investigate the possibility of the asset recovering its all-time high of $3.40, which it reached in January 2018.

Will XRP Reclaim its All-Time High of $3.40 in 2024?

xrp
Source – CryptoNews

Telegaon’s Predictions for XRP

According to Telegaon researchers, XRP could reclaim its all-time high sometime in 2026, about two years from now. The platform predicts the asset to hit an average price of $3.53 in 2026 and a maximum of $5.18. Reaching $5.18 from current levels would entail a rally of nearly 778%.

Ripple XRP
Source: Telegaon

Also Read: Ripple XRP To Surge By Over 11,000%, Analyst Predicts

Changelly’s Predictions for XRP

Changelly analysts are more bearish on XRP, predicting the asset to hit an all-time high of $3.57 in 2028, about four years from now. The platform does not expect the asset to breach the $5 mark till at least 2029, five years from today.

Source: Changelly

Also Read: Ripple XRP Price If Ethereum Hits $50,000

Factors Influencing XRP’s Price

XRP might hit its all-time high earlier than expected, considering Ripple has resolved its litigation with the SEC. The asset’s price could rise sharply if we have another bull run and the market conditions remain favourable.

One of the most widely used cryptocurrencies for international money transfers is XRP. The litigation settlement could lead to an increase in adoption, which could increase the price.

Read the article at Watcher.Guru

Read More

Key XRP Bullish Indicator Flashes; A 630% Surge in XRP Price Value Could be Witnessed

Key XRP Bullish Indicator Flashes; A 630% Surge in XRP Price Value Could be Witnessed

Ripple’s XRP could be on the verge of kickstarting a long-term bull rally, as a key m...
XRP Price Prediction: Bullish Rebound After $3, BUT CRASH Scenario in Sight

XRP Price Prediction: Bullish Rebound After $3, BUT CRASH Scenario in Sight

XRP just bounced back from the $3 support zone, now trading near $3.20. With Bitcoin ...