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Home»Analysis»Changelly Releases Updated Predictions for XRP Price, When Will It Cross $10?
Analysis

Changelly Releases Updated Predictions for XRP Price, When Will It Cross $10?

2023-12-18No Comments3 Mins Read
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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.

XRP price

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 price chart from Tradingview.com (Changelly)

XRP trending at $0.596 | Source: XRPUSD on Tradingview.com

I expect a very disappointing 2024

Changelly’s 2024 price predictions, 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.

See also  Why Bitcoin's Network Expansion Isn't Reflected in the Price of BTC

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

Disclaimer: The article is for educational purposes only. It does not represent NewsBTC’s views on buying, selling or holding investments and of course investing involves risks. You are advised to conduct your own research before making any investment decisions. Use the information on this website entirely at your own risk.

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Changelly cross predictions Price releases Updated XRP
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