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Updated: Monday, October 14th 2024

Ripple has a price of $ 0.546844 with a marketcap of $ 30,973,144,123 and ranked 7 of all cryptocurrencies
Price today is 3.17%, 24 Hour Volume is $ 1,145,981,485


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14 Oct
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About Ripple

Ripple is an enterprise blockchain solution in the world for global payments. The developers behind Ripple realized that despite the numerous advances in technology, the infrastructure for payments we continue to use today was actually built back before the internet took off or even developed. Since then, it has only seen minimal updates. With Ripple, they aim to create a new payment infrastructure that improves reliability and speed while reducing the cost.

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Latest Ripple News & Price Updates


Ripple Price Speculation

Price Speculation

Ripple is among the most popular cryptocurrencies, with CoinMarketCap ranking it number 3 thanks to a current market cap of $20 billion USD. Ripple (XRP) is a popular choice for those looking to buy cryptocurrency since it is practical as well as affordable. The cryptocurrency works with the Ripple network to facilitate international transactions, and it is specifically designed to help financial entities and people send or receive money across borders.

As such, the real-world applications of Ripple are easy to spot, encouraging its adopting and investment in the cryptocurrency. At the same time, the current price of XRP is just $0.499 USD or 0.00007797 BTC. Between these factors and its high market cap giving it more visibility, it is no wonder that those around the world want to take a closer look at predictions for Ripple.

Key Prices in XRP’s History

Before looking at the predictions for Ripple’s future price, take a moment to briefly look back on some high points in the cryptocurrency’s history. When XRP first began trading in 2013, it was less than $0.01 USD, closer to $0.005. The high for XRP occurred fairly recently, on Jan. 4, 2018. At this point, it hit $3.65. As mentioned earlier, the current price at the time of writing is $0.499. This means that while XRP’s price is much higher than it was at launch, it is currently only at a fraction of its all-time high. That shows a potential for profit and greater interest in expert price predictions.

How High Can Ripple Go?

Every cryptocurrency authority online tends to have its own prediction for the future of Ripple’s price, but you must take everything you read with a grain of salt. Remember that there is no way to know for sure what XRP will do in the future until we invent a time machine. Instead, the most you can do at the moment is compare the various expert predictions to look for commonalities. Remember that investing in any cryptocurrency is risky, so you should only invest as much as you can afford to lose.

It is also important to remember that to some extent, predictions will always change. As more news comes out, either specific to Ripple or related to cryptocurrency in general, experts have more information at their disposal and may adjust their predictions. With that in mind, take a look at some of the best-thought-out expert predictions on the Ripple price.

Economy Forecast Agency Prediction

The Economy Forecast Agency offers detailed predictions for every major cryptocurrency, making them a good place to start when trying to predict XRP. According to the Economy Forecast Agency, the price of XRP at writing is $0.4996. The agency predicts that the high for XRP in the rest of this year will be $0.63 in December. From there, the predictions drop, with the high for 2019 reaching $0.62 in February and falling to $0.33 by December. The Economy Forecast Agency predicts Ripple’s highs in 2020 will be between $0.30 and $0.50, the latter of which it will reach in December. Predictions of highs for 2021 range from $0.55 in April to $1.01 in December. For 2022, the high predictions from this agency are as low as $1.02 in November and as high as $1.31 in September. One nice thing about XRP price predictions from the Economy Forecast Agency is the level of detail as the website displays month-by-month charts with predicted opens, lows, highs, closes, and percentages.

Ripple Coin News Prediction

Ripple Coin News is another useful source of XRP predictions, particularly considering that this website focuses its attention Ripple, allowing it to truly act as an expert. This website feels that Ripple will have a good year and that with the new technologies and partnerships that Ripple hopes to achieve, it is possible for the price to reach $8 to $10 USD. Remember that the current all-time high of Ripple is less than half of that, about $3.65.

Smartereum Prediction

While many other price predictions for Ripple focus on the short term, Smartereum looks to the long term. This website feels that Ripple will experience an increase in value in the near future and we may be leaving the time frame in which we can buy it for a low price. Smartereum points to the quality of Ripple’s platform as well as the way that more banks and financial institutions have begun using Ripple. Smartereum does point to the predictions that Ripple could reach $10 by the end of the year without dismissing them but does not provide support either.

However, the platform does point out the idea from multiple sources that Ripple has the potential to reach a price of $200 to $300 in the long term, such as in 10 years. It predicts that it is not unreasonable for Ripple to reach $100 if it becomes an industry standard for international transfers. However, Smartereum does caution investors to watch out for readjustments following rises in prices. The platform also points out that it is not a given that a price rise like that from late 2017 will occur again this year.

ValueWalk Prediction

The crypto research service ValueWalk takes the middle ground when it comes to Ripple price predictions. This authority feels that if Ripple truly partners with a banking group and continues its expansion, it could reach that $10 mark this year or in the near future. Yet if Ripple does not successfully create more partnerships, ValueWalk feels that Ripple has the potential to experience a significant drop in value, all the way down to $0.50.

InvestingPR

InvestingPR takes a measured approach to its predictions, offering predictions based on various situations, many of which overlap with the predictions from other sources. These experts feel that it is possible for Ripple to reach $10, although it is more likely to hit $5. If Ripple does become the standard payment processor, InvestingPR feels that it will reach $20, which is far more conservative than Smartereum’s $100 prediction.

The bottom line is that there is no way to accurately predict the price of Ripple or any other cryptocurrency. You must compare the various expert predictions and come to your own conclusion, as well as consider how much personal financial risk you can afford.

Ripple Price History

Price History

Ripple is one of the best-known cryptocurrencies and a popular choice for investors who want to buy cryptocurrency without spending a great deal of money due to its typically low price in comparison to Bitcoin and Ethereum. Ripple is a platform as well as a cryptocurrency, XRM. Ripple aims to connect payment providers and banks to create a frictionless method of receiving and sending money around the world. Looking at the price history of Ripple can tell you a great deal about this cryptocurrency, providing important insights.

History of Ripple

Instead of just looking at figures related to Ripple price history, you should take the time to understand the cryptocurrency’s history, as well. This will help put the various data in perspective, so you can better understand the price fluctuations. The idea behind Ripple was first conceived in 2004 by Ryan Fugger, who wanted to develop a decentralized platform which let communities and individuals make their own money. This led to the very first version of the Ripple system, Ripple Pay in 2005.

With the development of cryptocurrency, Jed McCaleb started to develop a digital currency of his own in 2011. He wanted a currency that did not use mining like Bitcoin, instead reaching value via consensus. In 2012, Fugger let Jed McCaleb and his partner Chris Larsen control Ripple, which became OpenCoin, before returning to the name Ripple in 2013. By 2014, Ripple was the second-largest cryptocurrency in the world.

Current Price

To put the following information about Ripple’s price history in perspective, consider that at the time of writing, it is worth $0.498111 USD or 0.00007807 BTC. The market cap of Ripple is $20,026,818,528 USD with a 24-hour volume of $603,425,348 USD. There is a total supply of 99,991,792,688 XRP, of which 40,205,508,733 XRP are circulating. According to CoinMarketCap, Ripple is ranked number 3, showing that despite its low value compared to other cryptocurrencies, XRP accounts for a sizeable percentage of the crypto market.

Early Prices: 2013

As with most of the early cryptocurrencies, when Ripple began, it was highly affordable. During August and early September of 2013, Ripple remained at less than 1 cent USD. At this point, the price fluctuated around $0.005 to $0.006 until mid-September, when it began spiking upward, reaching $0.007 on the 15th and $0.01 on the 19th. From there, the price briefly dropped slightly before going to a new high of $0.014 on Sept. 28. From there, it bottomed out at $0.0078 on Oct. 2 before fluctuating up and down. The next high was $0.01 on Nov. 8, followed by a low of $0.0079 on Nov. 20.

Late 2013 Spike and 2014

From that low, the price of Ripple quickly spiked, reaching $0.0575 on Dec. 2 before dropping in a jagged pattern, hitting slightly smaller highs of $0.0544 on Dec. 4 and $0.044 on Dec. 10. The price then went all the way back down to $0.017 on Dec. 18 before rising up to $0.029 by Jan. 2 and slowly dropping until it reached $0.0044 by May 22. From there, the price did not fluctuate much until the end of the year, but it did get down to $0.003 on July 5 before rising to $0.0064 on July 18. The price of Ripple remained more or less in this range until November of 2013, at which point another price spike occurred.

Late 2014 Spike and 2015

As with the previous year, the price of Ripple experienced a dramatic increase in value at the end of 2014, which lasted a few months before correcting itself over the next several months. Around Nov. 19, the price was still at $0.0057, but from there on, it began a steady climb. It reached a mini-peak on Nov. 23 at $0.00868 before climbing to $0.0152 by Nov. 28 and dropping back to $0.011 by Nov. 30. From there, XRP hit $0.0147 on Dec. 7 and reached this phase’s maximum peak on Dec. 18, when it hit $0.028.

As was the case the previous year, this did not last long and other than high points at $0.026 on Dec. 22 and $0.025 on Dec. 26, Ripple declined in price. It hit $0.019 on Jan. 4, 2015, before rising slightly, then hit $0.0147 on Jan. 14, rose slightly, and hit $0.0131 on Feb. 3. This trend of ups and downs continued, with Ripple’s pricing hitting a low of $0.00574 on May 18. From there, the rest of 2015 saw mild fluctuations, reaching up to $0.0119 on June 29 before falling to $0.00746 on July 23. There was a brief spike in early November, with XRP reaching $0.0056 on the 4th, but other than this, the price remained in the same range.

Late 2015 Spike to 2017

Following the trend of spikes in Ripple’s value late in the year, XRP went from $0.0041 on Dec. 1, 2015, up to $0.008997 on Dec. 10. By Jan. 17, it was already back down to $0.005. Throughout 2016, Ripple remained within the general range, not getting back up to $0.02 until April 4, 2017. From there, it rose and by May 18, 2017, Ripple was at $0.355. It remained in this general range until December.

Late 2017 Spike to Present

As with previous years, Ripple’s price once again had a spike in value in late 2017 and early 2018. This time, however, it also corresponded to a massive increase in the cryptocurrency market with Bitcoin, Ethereum, and other coins reaching their all-time highs at the same time. On Dec. 10, 2017, right before the price spike, Ripple was at $0.239. This hit $0.746 by Dec. 14, $1.11 by Dec. 22, $2.38 by Dec. 30, and the all-time-high to date of $3.55 on Jan. 4, 2018. Following the price of $3.41 on Jan. 7, Ripple dropped with a few peaks and valleys along the way, reaching $0.489 on April 5 and going back up to $0.837 on April 21. From there, Ripple very slowly declined to $2.61 on Sept. 11, before rising slowly back up to its current position.

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