Changelly Releases Updated Predictions For XRP Price, When Will It Cross $10?
December 18 2023 - 5:30AM
NEWSBTC
Cryptocurrency exchange Changelly has released an updated
prediction for the XRP price that spans almost a decade from now.
The prices in the new predictions deviate heavily from their
previous predictions, and this time around, the predictions include
when the XRP price will cross $10. XRP Price Will Cross $10 In 2030
While the XRP community members remain very optimistic that the XRP
price will cross $10 in the next few years, with a number of crypto
analysts presenting chart data to support this, Changelly does not
believe that this will happen anytime soon. In fact, for the next
couple of years, the crypto exchange expects a lot of growth but
double-digits is seemingly off the table. Related Reading: VeChain
(VET) Set To Explode: Analyst Predicts 7,500% Rally To $2.3 By
2024, the crypto exchange predicts that the XRP price will reach a
max price of $1.11, but still expects it to stay relatively high
with a minimum price of around $0.94. In the next few years, the
growth is expected to continue, rising to as high as $5 in 2028.
Source: Changelly However, for the XRP price to reach $10,
investors would still have to wait another extra two years
according to the report. In 2029, it predicts a maximum price of
$8.07. And then finally, in 2030, Changelly expects the price to
beat the coveted $10 mark. Moving further from 2030, expectations
are that the price will not fall below $10 again. Rather, it is
expected to double in the next two years, hitting as high as $24.95
by the year 2032, which is nine years from now. XRP trending at
$0.596 | Source: XRPUSD on Tradingview.com Expecting A Very
Underwhelming 2024 The price predictions by Changelly for 2024
broken down into the individual months paints a picture of
lackluster performance from the coin. The highest point expected
for the XRP price puts it at only a 35% increase from the current
price of $0.59 at the time of writing. The expectation given is
that the highest price point would come at $0.8. Related Reading:
Polygon (MATIC) Price Faces Crucial Turning Point That Could
Trigger 50% Rally, Analyst Says Changelly’s prediction seems to be
a deviation from the norm where a number of predictions expect the
XRP price to hit the high prices in the next two years. One crypto
analyst known as EGRAG Crypto expects the price of the altcoins to
reach $5.5. Interestingly, the analyst expects the price to hit
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, which
means the XRP price could reach $1.5 in a month. Featured image
from Crypto News Flash, chart from Tradingview.com
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