{"id":561309,"date":"2023-11-18T13:30:11","date_gmt":"2023-11-18T13:30:11","guid":{"rendered":"https:\/\/wncen.com\/?p=561309"},"modified":"2024-06-11T08:00:46","modified_gmt":"2024-06-11T08:00:46","slug":"xrp-price-cross-10","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/xrp-price-cross-10\/","title":{"rendered":"This Prediction Reveals How Long It Will Take XRP Price To Cross $10"},"content":{"rendered":"

XRP is one of the few cryptos with impressive price action this year. The cryptocurrency has been in the public eye for the past few months, as traders wait eagerly for XRP to embark on a major bull run ultimately. However, the crypto has been down for the past few days amidst ongoing market consolidation. Price action shows that XRP is down by 9% in a 7-day timeframe and is currently trading at $0.59.\u00a0<\/span><\/p>\n

A recent price prediction made by the cryptocurrency exchange Changelly suggests that the value of XRP could skyrocket to the moon very soon. Its new price forecast says it could surge over 1,700 times its current value over this decade. This would cause the price of one unit of the token to increase from its current level of approximately $0.60 to more than $11 by 2030.<\/span><\/p>\n

Related Reading: Options Frenzy: Bitcoin Rally To $37,000 Sparks Explosive Open Interest Surge<\/a><\/div>\n

Changelly\u2019s Very Bullish Prediction<\/b><\/h2>\n

XRP\u2019s growth has mostly been deterred since 2020 by the <\/span>SEC’s lawsuit with Ripple<\/span><\/a>, the technology company tied to the crypto asset. The situation <\/span>changed recently<\/span><\/a> in July 2023, and XRP is now in a position to step out of the shadow cast by this lawsuit. <\/span><\/p>\n

Although XRP’s price chart has rebounded at a resistance at the $0.70 level and looks like is going to end today with a red bearish candle, general sentiment still remains bullish in the long term.<\/span><\/p>\n

According to <\/span>Changelly’s XRP price prediction,<\/span><\/a> the crypto points to a 63 greed on the XRP Fear-Greed Index. As a result, the exchange puts the monthly closing price at $0.8032, a 33.87% increase from its current price.\u00a0<\/span><\/p>\n

The optimistic outlook of the crypto exchange extends well beyond the scope of the current year’s forecast. Changelly predicted that XRP could break above its current all-time high of $3.84 by 2027.\u00a0<\/span><\/p>\n

<\/p>\n

Total crypto market cap is currently at $1.3 trillion. Chart: TradingView.com<\/a><\/pre>\n

Assuming the trend of price appreciation continues, XRP may surpass the $10 threshold by 2030, registering an average and maximum price of $9.71 and $11.37 respectively. This represents a staggering 1,790% increase from its current price. Additionally, the company also projects XRP reaching an average price of $19.91 in the two years after and a maximum price of $23.46 by 2032.<\/span><\/p>\n

How Feasible Is This Projection?<\/b><\/h2>\n

As of right now, XRP is the only crypto with a clear regulatory status in the US. Changelly’s price prediction is obviously very bullish, but it resonates <\/span>with the larger sentiment<\/span><\/a> among crypto traders and analysts.\u00a0\u00a0<\/span><\/p>\n

In the short term, most analysts expect <\/span>XRP price to remain volatile<\/span><\/a> but trade within the $0.6 to $1 range for the remainder of 2023. Very bullish predictions have come for a larger timeframe. Analyst ERGAG CRYPTO has set various targets for XRP’s price, ranging from $5 to $27. From a technical perspective, XRP’s price just <\/span>entered a Dollar Cost Averaging (DCA) ranging zone<\/span><\/a>, presenting an opportunity for buying more xRP.<\/span><\/p>\n

Related Reading: Crypto Acceptance Grows As Fidelity Joins Race For A Spot Ethereum ETF<\/a><\/div>\n

There\u2019s no guarantee that XRP will reach $10 or even come close, but <\/span>Ripple\u2019s progress<\/span><\/a> with various financial institutions and payment providers fuels optimism about XRP\u2019s future value over the next decade.<\/span><\/p>\n

Featured image from Pixabay<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

XRP is one of the few cryptos with impressive price action this year. The cryptocurrency has been in the public eye for the past few months, as traders wait eagerly for XRP to embark on a major bull run ultimately. However, the crypto has been down for the past few days amidst ongoing market consolidation. Price action shows that XRP is down by 9% in a 7-day timeframe and is currently trading at $0.59.\u00a0 A recent price prediction made by the cryptocurrency exchange Changelly suggests that the value of XRP could skyrocket to the moon very soon. Its new price forecast says it could surge over 1,700 times its current value over this decade. This would cause the price of one unit of the token to increase from its current level of approximately $0.60 to more than $11 by 2030. Related Reading: Options Frenzy: Bitcoin Rally To $37,000 Sparks Explosive Open Interest Surge Changelly\u2019s Very Bullish Prediction XRP\u2019s growth has mostly been deterred since 2020 by the SEC’s lawsuit with Ripple, the technology company tied to the crypto asset. The situation changed recently in July 2023, and XRP is now in a position to step out of the shadow cast by this lawsuit. Although XRP’s price chart has rebounded at a resistance at the $0.70 level and looks like is going to end today with a red bearish candle, general sentiment still remains bullish in the long term. According to Changelly’s XRP price prediction, the crypto points to a 63 greed on the XRP Fear-Greed Index. As a result, the exchange puts the monthly closing price at $0.8032, a 33.87% increase from its current price.\u00a0 The optimistic outlook of the crypto exchange extends well beyond the scope of the current year’s forecast. Changelly predicted that XRP could break above its current all-time high of $3.84 by 2027.\u00a0 Total crypto market cap is currently at $1.3 trillion. Chart: TradingView.com Assuming the trend of price appreciation continues, XRP may surpass the $10 threshold by 2030, registering an average and maximum price of $9.71 and $11.37 respectively. This represents a staggering 1,790% increase from its current price. Additionally, the company also projects XRP reaching an average price of $19.91 in the two years after and a maximum price of $23.46 by 2032. How Feasible Is This Projection? As of right now, XRP is the only crypto with a clear regulatory status in the US. Changelly’s price prediction is obviously very bullish, but it resonates with the larger sentiment among crypto traders and analysts.\u00a0\u00a0 In the short term, most analysts expect XRP price to remain volatile but trade within the $0.6 to $1 range for the remainder of 2023. Very bullish predictions have come for a larger timeframe. Analyst ERGAG CRYPTO has set various targets for XRP’s price, ranging from $5 to $27. From a technical perspective, XRP’s price just entered a Dollar Cost Averaging (DCA) ranging zone, presenting an opportunity for buying more xRP. Related Reading: Crypto Acceptance Grows As Fidelity Joins Race For A Spot Ethereum ETF There\u2019s no guarantee that XRP will reach $10 or even come close, but Ripple\u2019s progress with various financial institutions and payment providers fuels optimism about XRP\u2019s future value over the next decade. Featured image from Pixabay<\/p>\n","protected":false},"author":594,"featured_media":561315,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,16894,83363],"tags":[9034,10709,3680,4531],"class_list":["post-561309","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-ripple","category-xrp","tag-changelly","tag-price-prediction","tag-ripple","tag-xrp"],"acf":[],"yoast_head":"\nThis Prediction Reveals How Long It Will Take XRP To Cross $10<\/title>\n<meta name=\"description\" content=\"XRP has been in the public eye for the past few months, as traders wait eagerly for XRP to embark on a major bull run ultimately.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/wncen.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"This Prediction Reveals How Long It Will Take XRP Price To Cross $10","url":"http:\/\/wncen.com\/news\/xrp-price-cross-10\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/xrp-price-cross-10\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/a.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/a.jpg?fit=960%2C640"},"articleSection":"Ripple","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["changelly","price prediction","ripple","xrp"],"dateCreated":"2023-11-18T13:30:11Z","datePublished":"2023-11-18T13:30:11Z","dateModified":"2024-06-11T08:00:46Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"This Prediction Reveals How Long It Will Take XRP Price To Cross $10\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/xrp-price-cross-10\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/xrp-price-cross-10\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/a.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/a.jpg?fit=960%2C640\"},\"articleSection\":\"Ripple\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"changelly\",\"price prediction\",\"ripple\",\"xrp\"],\"dateCreated\":\"2023-11-18T13:30:11Z\",\"datePublished\":\"2023-11-18T13:30:11Z\",\"dateModified\":\"2024-06-11T08:00:46Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/a.jpg?fit=960%2C640","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/561309"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=561309"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/561309\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/561315"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=561309"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=561309"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=561309"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}